Housing Market Analysis for MEDWAY CRESCENT, NE8 3SL

Are you looking to understand NE8 3SL house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Gateshead postcode.

For the location information and nearby amenities in the NE8 3SL area, explore the NE8 3SL Area information page.
For comprehensive crime statistics in the NE8 3SL area, explore the NE8 3SL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE8 3SL postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £69,987 median price is £66,000 Standard Deviation is £43,594 with Total Sold: 3
    • The Last 5 Year average price is £95,630 with Total Sold: 2
    • The most recent sale happened at this postcode is 15 MEDWAY CRESCENT: £125,260 (Sold on 14 Jan 2022)
    • The first recorded sale happened at this postcode is 9 MEDWAY CRESCENT: £18,700 (Sold on 18 Aug 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 3SL house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£125,260 £1,693 1
2019£66,000 £880 1
2003£18,700 £249 1

All the Sales in the MEDWAY CRESCENT, NE8 3SL

See the table below for more details on the sold house prices in the NE8 3SL, Gateshead postcode.

AddressSold DatePrice% Change
15 MEDWAY CRESCENTTerraced, FreeholdArea: 74 Sq.mtrAge: 1950-196614 Jan 2022£125,260First Sale
9 MEDWAY CRESCENTTerraced, FreeholdArea: 75 Sq.mtrAge: 1967-197510 Sep 2019£66,000252.94%
18 Aug 2003£18,700First Sale

Check out the sold house prices near the NE8 3SL postcode. Properties currently for saleProperties currently for rent

MEDWAY CRESCENT, NE8 3SL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE8 3SL postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NE8 3SL postcode.

  • Detached
    • The average price is around £126,624 median price is £141,000 Standard Deviation is £58,733 with Total Sold: 137
    • The Last 5 Year average price is £201,000 with Total Sold: 14
    • The most recent sale happened at this postcode is , 29 ST EDMUNDS COURT: £225,000 (Sold on 23 Sep 2024)
    • The first recorded sale happened at this postcode is , 13 HAMPTON DRIVE: £76,000 (Sold on 03 Apr 1995)
  • Terraced
    • The average price is around £85,627 median price is £83,250 Standard Deviation is £44,169 with Total Sold: 804
    • The Last 5 Year average price is £111,327 with Total Sold: 157
    • The most recent sale happened at this postcode is , 5 GOWER WALK: £145,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 5 BADEN POWELL STREET: £43,000 (Sold on 16 Jan 1995)
  • Flat
    • The average price is around £52,640 median price is £53,500 Standard Deviation is £26,610 with Total Sold: 1,380
    • The Last 5 Year average price is £69,254 with Total Sold: 168
    • The most recent sale happened at this postcode is , 19 WINDSOR COURT: £64,000 (Sold on 21 Aug 2024)
    • The first recorded sale happened at this postcode is , 19 BADEN POWELL STREET: £33,800 (Sold on 16 Jan 1995)
  • Semi-Detached
    • The average price is around £94,055 median price is £95,000 Standard Deviation is £45,741 with Total Sold: 614
    • The Last 5 Year average price is £129,356 with Total Sold: 120
    • The most recent sale happened at this postcode is , 4 BISHOPS PARK ROAD: £167,500 (Sold on 25 Jul 2024)
    • The first recorded sale happened at this postcode is , 1 SHERIFFS CLOSE: £43,950 (Sold on 01 Mar 1995)
  • Other
    • The average price is around £318,907 median price is £70,500 Standard Deviation is £1,164,234 with Total Sold: 51
    • The Last 5 Year average price is £69,115 with Total Sold: 33
    • The most recent sale happened at this postcode is , 2 ASHER STREET: £39,999 (Sold on 16 May 2024)
    • The first recorded sale happened at this postcode is , 307 OLD DURHAM ROAD: £60,000 (Sold on 14 Sep 2015)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,0001
2023£145,000 £1,726 1
2022£206,666 £1,894 3
2021£212,000 £1,887 2
2020£212,500 £1,869 2
2019£195,000 £1,798 5
2018£180,000 £1,579 4
2016£164,100 £1,743 5
2015£171,495 £1,464 10
2014£165,344 £1,428 8
2013£155,000 £1,361 7
2012£157,667 £1,388 3
2010£160,000 £1,248 1
2009£170,000 £3,048 1
2008£189,500 £1,577 2
2007£169,833 £1,848 9
2006£152,167 £1,434 3
2005£160,065 £2,240 4
2004£143,833 £1,764 6
2003£99,700 £1,495 5
2002£93,429 £891 7
2001£70,679 £958 12
2000£67,589 £580 9
1999£63,950 £635 5
1998£63,100 £817 5
1997£58,000 £615 5
1996£54,356 £662 8
1995£57,738 £486 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£113,737 £978 19
2023£140,000 £1,761 16
2022£122,745 £1,619 23
2021£108,319 £1,404 34
2020£103,181 £1,382 32
2019£99,079 £1,246 33
2018£113,882 £1,329 22
2017£97,574 £1,196 25
2016£97,233 £1,230 15
2015£132,756 £1,330 24
2014£131,441 £1,336 31
2013£122,544 £1,274 41
2012£108,353 £1,269 24
2011£80,295 £1,124 16
2010£78,250 £969 12
2009£142,755 £2,232 11
2008£112,626 £2,254 17
2007£101,407 £1,452 49
2006£96,910 £1,355 35
2005£81,974 £1,225 43
2004£77,129 £1,084 38
2003£53,864 £736 53
2002£41,390 £543 54
2001£35,779 £545 28
2000£30,683 £446 24
1999£36,783 £473 15
1998£29,957 £423 22
1997£30,352 £501 13
1996£29,136 £314 18
1995£34,926 £594 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£64,314 £1,117 11
2023£67,700 £1,032 43
2022£80,792 £1,204 36
2021£70,618 £1,072 25
2020£61,388 £1,015 28
2019£64,934 £1,002 25
2018£59,998 £961 31
2017£64,865 £1,010 22
2016£63,396 £944 35
2015£65,361 £989 48
2014£67,752 £987 37
2013£58,591 £911 11
2012£65,445 £994 19
2011£64,253 £1,054 16
2010£67,019 £1,070 16
2009£78,829 £1,079 21
2008£73,200 £1,167 27
2007£79,480 £1,245 97
2006£71,469 £1,075 112
2005£63,896 £1,005 107
2004£59,280 £969 94
2003£41,849 £682 78
2002£28,839 £504 71
2001£22,690 £371 49
2000£21,158 £328 48
1999£25,283 £429 57
1998£26,655 £460 69
1997£25,752 £447 56
1996£21,330 £347 57
1995£21,713 £345 34
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£132,875 £1,940 12
2023£119,589 £1,590 13
2022£142,470 £1,927 30
2021£134,338 £1,819 26
2020£114,565 £1,500 23
2019£123,229 £1,745 16
2018£108,145 £1,516 20
2017£111,433 £1,361 18
2016£115,539 £1,641 14
2015£135,879 £1,636 35
2014£115,032 £1,534 25
2013£126,742 £1,620 18
2012£109,570 £1,627 15
2011£86,145 £1,208 10
2010£108,583 £1,853 6
2009£121,912 £2,131 13
2008£138,158 £2,359 19
2007£123,228 £1,637 24
2006£110,095 £1,660 21
2005£91,686 £1,274 22
2004£104,246 £1,193 24
2003£65,568 £993 22
2002£46,496 £616 24
2001£42,102 £717 25
2000£38,708 £629 20
1999£41,511 £493 22
1998£45,068 £663 41
1997£40,959 £592 15
1996£38,950 £497 26
1995£39,997 £539 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£62,3754
2023£72,200 £915 5
2022£73,607 £978 7
2021£58,540 £861 7
2020£104,850 £1,365 5
2019£44,200 £650 5
2018£61,143 £1,214 7
2017£1,128,750 £1,916 6
2016£76,500 £1,140 2
2015£2,209,999 £845 3

House Type in NE8 3SL area

The most common house types in the NE8 3SL postcode area are Semi-detached (72), Terraced (12), and Flat (7).

Total95
Semi-detached72
Terraced12
Flat7
Detached4
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (77), and Social rented: Rents from council or Local Authority (8).

Social rented: Other social rented77
Social rented: Rents from council or Local Authority8
Owned: Owns outright6
Private rented: Private landlord or letting agency3
Owned: Owns with a mortgage or loan2
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE8 3SL have 2 people in household (28), and 1 person in household (21).

2 people in household28
1 person in household21
3 people in household21
4 people in household14
5 people in household8
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0