Housing Market Analysis for MEDWAY CRESCENT, NE8 3SN

Are you looking to understand NE8 3SN 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 3SN area, explore the NE8 3SN Area information page.
For comprehensive crime statistics in the NE8 3SN area, explore the NE8 3SN Crime Rates page.

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £93,000 median price is £93,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £93,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 55 MEDWAY CRESCENT: £93,000 (Sold on 17 Feb 2023)
    • The first recorded sale happened at this postcode is 55 MEDWAY CRESCENT: £93,000 (Sold on 17 Feb 2023)
  • Terraced
    • The average price is around £79,000 median price is £79,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £79,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 118 MEDWAY CRESCENT: £79,000 (Sold on 06 Mar 2020)
    • The first recorded sale happened at this postcode is 118 MEDWAY CRESCENT: £79,000 (Sold on 06 Mar 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 3SN 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£93,000 £1,120 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£79,000 £1,026 1

All the Sales in the MEDWAY CRESCENT, NE8 3SN

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

AddressSold DatePrice% Change
55 MEDWAY CRESCENTSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-196617 Feb 2023£93,000First Sale
118 MEDWAY CRESCENTTerraced, FreeholdArea: 77 Sq.mtrAge: 1930-194906 Mar 2020£79,000First Sale

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

MEDWAY CRESCENT, NE8 3SN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE8 3SN 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 3SN postcode.

  • Detached
    • The average price is around £127,114 median price is £143,000 Standard Deviation is £58,669 with Total Sold: 136
    • 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 £85,432 median price is £83,000 Standard Deviation is £45,732 with Total Sold: 657
    • The Last 5 Year average price is £111,174 with Total Sold: 127
    • 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 , 46 : £16,000 (Sold on 28 Feb 1995)
  • Semi-Detached
    • The average price is around £94,483 median price is £95,250 Standard Deviation is £46,167 with Total Sold: 586
    • The Last 5 Year average price is £130,051 with Total Sold: 112
    • 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)
  • Flat
    • The average price is around £50,222 median price is £51,000 Standard Deviation is £26,313 with Total Sold: 1,002
    • The Last 5 Year average price is £65,675 with Total Sold: 124
    • The most recent sale happened at this postcode is , 9 SANDRINGHAM COURT: £67,000 (Sold on 28 May 2024)
    • The first recorded sale happened at this postcode is , 34 ASHER STREET: £23,500 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £379,287 median price is £72,500 Standard Deviation is £1,291,124 with Total Sold: 41
    • The Last 5 Year average price is £64,367 with Total Sold: 28
    • 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 , FELLINGATE CARE CENTRE FOX STREET: £5,970,000 (Sold on 13 Nov 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£99,000 £891 6
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£113,233 £1,157 15
2023£140,833 £1,730 15
2022£121,922 £1,647 16
2021£104,681 £1,343 27
2020£105,136 £1,360 28
2019£99,505 £1,200 26
2018£111,805 £1,327 21
2017£94,064 £1,219 21
2016£94,692 £1,250 13
2015£137,808 £1,311 20
2014£137,525 £1,385 26
2013£124,600 £1,274 38
2012£107,832 £1,256 21
2011£67,167 £916 6
2010£78,250 £969 12
2009£145,330 £2,202 10
2008£111,729 £2,390 14
2007£101,899 £1,453 35
2006£98,576 £1,339 25
2005£79,819 £1,182 39
2004£73,265 £1,003 30
2003£51,695 £715 43
2002£40,063 £524 49
2001£33,021 £495 21
2000£29,927 £426 22
1999£33,068 £449 11
1998£28,294 £415 16
1997£26,386 £136 9
1996£27,297 £320 15
1995£32,481 £575 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£133,150 £1,940 10
2023£119,589 £1,590 13
2022£142,814 £1,946 29
2021£136,012 £1,857 24
2020£115,429 £1,525 21
2019£123,311 £1,768 15
2018£107,600 £1,527 19
2017£114,459 £1,388 17
2016£115,539 £1,641 14
2015£137,750 £1,666 33
2014£118,810 £1,589 22
2013£129,079 £1,620 17
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£138,750 £2,359 20
2007£123,586 £1,628 23
2006£109,600 £1,638 20
2005£91,052 £1,258 21
2004£104,213 £1,193 23
2003£64,950 £1,013 20
2002£46,496 £616 24
2001£43,111 £758 23
2000£38,708 £629 20
1999£42,062 £498 20
1998£45,446 £674 39
1997£40,920 £592 14
1996£38,950 £497 26
1995£39,997 £539 15
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£59,064 £1,108 7
2023£67,089 £993 35
2022£75,615 £1,138 26
2021£66,164 £963 18
2020£58,662 £970 21
2019£58,432 £927 17
2018£56,920 £899 25
2017£56,250 £918 14
2016£60,600 £856 24
2015£63,731 £961 37
2014£69,525 £1,011 32
2013£59,150 £920 10
2012£65,612 £972 13
2011£64,465 £1,032 13
2010£67,210 £1,071 10
2009£78,630 £1,002 15
2008£72,176 £1,144 25
2007£73,639 £1,155 66
2006£68,332 £1,005 86
2005£59,763 £956 83
2004£55,460 £897 70
2003£38,075 £631 53
2002£25,048 £431 53
2001£18,555 £294 38
2000£17,894 £283 36
1999£21,065 £409 30
1998£17,632 £301 33
1997£24,676 £462 38
1996£21,737 £356 50
1995£20,000 £312 24
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£39,8333
2023£65,125 £1,021 4
2022£60,542 £887 6
2021£58,540 £861 7
2020£104,850 £1,365 5
2019£41,667 £561 3
2018£79,000 £1,214 5
2017£1,339,701 £2,298 5
2016£85,000 £1,308 1
2015£3,284,9992

House Type in NE8 3SN area

The most common house types in the NE8 3SN postcode area are Semi-detached (76), Flat (25), and Terraced (13).

Total127
Semi-detached76
Flat25
Terraced13
Shared house9
Detached4
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 (49), and Owned: Owns outright (30).

Social rented: Other social rented49
Owned: Owns outright30
Private rented: Private landlord or letting agency20
Social rented: Rents from council or Local Authority14
Owned: Owns with a mortgage or loan13
Shared ownership: Shared ownership3
Private rented: Other private rented3
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE8 3SN have 2 people in household (44), and 1 person in household (38).

2 people in household44
1 person in household38
3 people in household24
4 people in household15
5 people in household6
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0