Housing Market Analysis for AVENUE ROAD, NE8 4JE

Are you looking to understand NE8 4JE 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 4JE area, explore the NE8 4JE Area information page.
For comprehensive crime statistics in the NE8 4JE area, explore the NE8 4JE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE8 4JE postcode area, The average prices are as follows,

Flat
- The average price is around £72,983 median price is £50,000 Standard Deviation is £43,581 with Total Sold: 33
- The Last 5 Year average price is £124,000 with Total Sold: 6
- The most recent sale happened at this postcode is 92 AVENUE ROAD: £111,000 (Sold on 27 Nov 2023)
- The first recorded sale happened at this postcode is 90 AVENUE ROAD: £150,000 (Sold on 17 May 2024)
Terraced
- The average price is around £75,333 median price is £54,000 Standard Deviation is £34,133 with Total Sold: 3
- The Last 5 Year average price is £54,000 with Total Sold: 1
- The most recent sale happened at this postcode is 106 AVENUE ROAD: £54,000 (Sold on 07 May 2020)
- The first recorded sale happened at this postcode is 56 - 58 AVENUE ROAD: £48,500 (Sold on 25 Aug 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 4JE 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£138,000	£1,231	2
2021	£135,000	£1,174	1
2020	£88,000	£1,143	1
2019	£95,000	£693	1
2017	£50,000	£410	1
2016	£100,000	£1,149	1
2015	£116,750	£981	2
2014	£124,999	£1,157	1
2008	£117,500	£939	2
2007	£80,000	£800	1
2006	£59,000	£513	1
2005	£114,950		2
2004	£20,134	£150	1
2001	£48,250	£647	2
2000	£41,983	£460	6
1998	£25,500	£244	3
1997	£26,667	£251	3
1995	£27,000		1
2024	£150,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£54,000	£794	1
2015	£123,500	£1,074	1
2000	£48,500	£264	1

All the Sales in the AVENUE ROAD, NE8 4JE

See the table below for more details on the sold house prices in the NE8 4JE, Gateshead postcode.

Address	Sold Date	Price	% Change
92 AVENUE ROADFlat, Leasehold	27 Nov 2023	£111,000	First Sale
94 AVENUE ROADFlat, LeaseholdArea: 134 Sq.mtrAge: 1900-1929	23 Jun 2023	£165,000	22.22%
	28 Jan 2008	£135,000	570.51%
	06 Sep 2004	£20,134	-44.07%
	21 Nov 1997	£36,000	First Sale
112 AVENUE ROADFlat, LeaseholdArea: 115 Sq.mtrAge: 1900-1929	11 Jun 2021	£135,000	9.31%
	17 Jul 2015	£123,500	0.0
	17 Jul 2015	£123,500	23.50%
	14 Nov 2008	£100,000	69.49%
	17 Mar 2006	£59,000	21.65%
	15 May 2001	£48,500	40.58%
	12 Aug 1998	£34,500	First Sale
106 AVENUE ROADTerraced, LeaseholdArea: 68 Sq.mtrAge: 1900-1929	07 May 2020	£54,000	First Sale
102 AVENUE ROADFlat, LeaseholdArea: 77 Sq.mtrAge: 1900-1929	07 Feb 2020	£88,000	363.16%
102 AVENUE ROADFlat, LeaseholdArea: 77 Sq.mtrAge: 1900-1929	17 Aug 1998	£19,000	First Sale
64 AVENUE ROADFlat, LeaseholdArea: 137 Sq.mtrAge: 1900-1929	06 Sep 2019	£95,000	First Sale
120 AVENUE ROADFlat, LeaseholdArea: 122 Sq.mtrAge: 1900-1929	31 Jan 2017	£50,000	First Sale
124 AVENUE ROADFlat, LeaseholdArea: 87 Sq.mtrAge: 1900-1929	05 Feb 2016	£100,000	First Sale
68 AVENUE ROADFlat, LeaseholdArea: 124 Sq.mtrAge: 1900-1929	06 Jul 2015	£110,000	205.98%
	27 Oct 2000	£35,950	-23.51%
	26 Oct 2000	£47,000	62.07%
	27 Mar 1997	£29,000	First Sale
104 AVENUE ROADFlat, LeaseholdArea: 108 Sq.mtrAge: before 1900	28 Mar 2014	£124,999	First Sale
80 AVENUE ROADFlat, LeaseholdArea: 100 Sq.mtrAge: before 1900	14 Sep 2007	£80,000	First Sale
116 AVENUE ROADFlat, Leasehold	09 Dec 2005	£129,950	167.94%
116 AVENUE ROADFlat, Leasehold	01 Dec 2000	£48,500	First Sale
54 AVENUE ROADFlat, Leasehold	14 Jan 2005	£99,950	270.19%
54 AVENUE ROADFlat, Leasehold	14 Jul 1995	£27,000	First Sale
52 AVENUE ROADFlat, LeaseholdArea: 55 Sq.mtrAge: 1900-1929	27 Jul 2001	£47,999	10.34%
52 AVENUE ROADFlat, LeaseholdArea: 55 Sq.mtrAge: 1900-1929	17 Apr 2000	£43,500	First Sale
70 AVENUE ROADFlat, LeaseholdArea: 70 Sq.mtrAge: 1930-1949	27 Oct 2000	£35,950	First Sale
56 - 58 AVENUE ROADTerraced, FreeholdArea: 184 Sq.mtrAge: 1900-1929	25 Aug 2000	£48,500	First Sale
100 AVENUE ROADFlat, LeaseholdArea: 77.67 Sq.mtrAge: 1900-1929	24 Mar 2000	£41,000	First Sale
90 AVENUE ROADFlat, FreeholdArea: 125 Sq.mtrAge: 1900-1929	06 Apr 1998	£23,000	-84.67%
90 AVENUE ROADFlat, FreeholdArea: 125 Sq.mtrAge: 1900-1929	17 May 2024	£150,000	First Sale
88 AVENUE ROADFlat, Leasehold	15 Jul 1997	£15,000	First Sale

Check out the sold house prices near the NE8 4JE postcode. Properties currently for saleProperties currently for rent

AVENUE ROAD, NE8 4JE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE8 4JE 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 4JE postcode.

Flat
- The average price is around £64,791 median price is £64,950 Standard Deviation is £40,288 with Total Sold: 3,491
- The Last 5 Year average price is £94,841 with Total Sold: 532
- The most recent sale happened at this postcode is 12, DRYDEN COURT DRYDEN ROAD: £104,500 (Sold on 23 Sep 2024)
- The first recorded sale happened at this postcode is , 139 BRINKBURN AVENUE: £15,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £110,697 median price is £97,000 Standard Deviation is £70,470 with Total Sold: 1,594
- The Last 5 Year average price is £164,549 with Total Sold: 273
- The most recent sale happened at this postcode is , 263 EASTBOURNE AVENUE: £192,500 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 5 FIELD HOUSE ROAD: £23,500 (Sold on 31 Jan 1995)
Semi-Detached
- The average price is around £183,228 median price is £175,000 Standard Deviation is £101,567 with Total Sold: 552
- The Last 5 Year average price is £262,064 with Total Sold: 100
- The most recent sale happened at this postcode is , 30 WILLIAM WAILES WALK: £315,000 (Sold on 01 Aug 2024)
- The first recorded sale happened at this postcode is , 130 FERN DENE ROAD: £30,000 (Sold on 12 Jan 1995)
Other
- The average price is around £105,197 median price is £84,875 Standard Deviation is £116,975 with Total Sold: 150
- The Last 5 Year average price is £107,380 with Total Sold: 106
- The most recent sale happened at this postcode is , 91 RABY STREET: £95,000 (Sold on 20 Jun 2024)
- The first recorded sale happened at this postcode is , 407 BRIGHTON ROAD: £59,000 (Sold on 30 Aug 2013)
Detached
- The average price is around £258,114 median price is £250,000 Standard Deviation is £110,247 with Total Sold: 125
- The Last 5 Year average price is £366,250 with Total Sold: 12
- The most recent sale happened at this postcode is , 25 WILLIAM WAILES WALK: £350,000 (Sold on 22 Mar 2024)
- The first recorded sale happened at this postcode is , 2 LITTLEDENE: £110,000 (Sold on 19 Jan 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£111,171	£1,830	28
2023	£96,550	£1,418	116
2022	£104,576	£1,519	138
2021	£94,129	£1,320	102
2020	£83,521	£1,201	69
2019	£80,342	£1,156	79
2018	£80,414	£1,196	77
2017	£87,593	£1,259	118
2016	£78,084	£1,230	93
2015	£93,575	£1,320	112
2014	£81,004	£1,206	82
2013	£84,006	£1,318	86
2012	£76,261	£1,101	41
2011	£76,266	£1,078	53
2010	£76,897	£1,191	50
2009	£72,584	£1,122	43
2008	£89,081	£1,318	99
2007	£92,336	£1,306	245
2006	£81,418	£1,218	187
2005	£73,093	£1,020	214
2004	£62,701	£904	230
2003	£42,670	£624	210
2002	£28,510	£430	152
2001	£31,236	£516	113
2000	£28,444	£422	141
1999	£28,943	£442	139
1998	£28,590	£440	165
1997	£25,029	£366	109
1996	£21,831	£310	110
1995	£22,505	£340	90

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£188,000	£1,061	25
2023	£177,592	£1,681	53
2022	£163,919	£1,720	58
2021	£154,559	£1,450	47
2020	£159,163	£1,352	47
2019	£152,493	£1,477	43
2018	£170,240	£1,546	51
2017	£161,579	£1,263	43
2016	£160,557	£1,304	51
2015	£140,444	£1,263	40
2014	£165,106	£1,378	46
2013	£140,227	£1,351	38
2012	£135,939	£1,308	35
2011	£122,366	£1,251	37
2010	£136,234	£1,336	33
2009	£123,039	£1,157	23
2008	£120,489	£1,182	27
2007	£134,203	£1,292	83
2006	£128,567	£1,279	84
2005	£118,582	£1,157	72
2004	£105,130	£1,111	83
2003	£76,933	£745	116
2002	£51,593	£506	89
2001	£54,546	£477	77
2000	£46,870	£427	49
1999	£42,055	£341	73
1998	£43,337	£354	43
1997	£40,556	£363	49
1996	£41,135	£370	49
1995	£38,474	£363	30

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£262,500	£2,252	7
2023	£332,736	£2,874	14
2022	£295,379	£2,622	21
2021	£243,745	£2,157	19
2020	£226,582	£1,996	19
2019	£228,572	£2,191	20
2018	£210,160	£2,017	31
2017	£263,560	£2,174	43
2016	£243,597	£2,073	30
2015	£220,986	£2,045	24
2014	£233,624	£2,225	23
2013	£198,678	£1,823	18
2012	£195,560	£1,649	15
2011	£178,396	£1,705	8
2010	£219,700	£1,887	10
2009	£208,744	£1,768	8
2008	£182,571	£1,341	7
2007	£151,907	£1,476	21
2006	£188,437	£1,664	26
2005	£166,975	£1,596	24
2004	£138,165	£1,244	24
2003	£117,529	£910	19
2002	£90,280	£864	7
2001	£82,487	£748	17
2000	£72,945	£487	10
1999	£68,109	£625	17
1998	£65,046	£586	27
1997	£57,553	£547	18
1996	£71,342	£502	13
1995	£61,146	£549	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£97,271	£1,416	7
2023	£114,032	£1,243	14
2022	£104,562	£1,459	20
2021	£84,800	£1,271	24
2020	£153,912	£1,354	17
2019	£98,417	£1,089	24
2018	£92,189	£1,417	19
2017	£95,191	£1,091	14
2016	£138,000	£884	8
2015	£75,000	£1,053	2
2013	£59,000	£967	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,000		1
2023	£370,000	£2,782	1
2022	£375,000	£3,099	1
2021	£430,000	£2,687	2
2020	£319,000	£2,636	5
2019	£422,500	£2,230	2
2018	£404,641	£2,470	11
2017	£317,437	£2,256	11
2016	£296,608	£2,288	4
2015	£325,300	£2,094	3
2014	£308,329	£2,374	7
2013	£297,742	£2,337	6
2012	£285,000	£2,578	2
2011	£246,666	£1,941	3
2010	£241,975	£1,800	2
2009	£235,750	£1,961	4
2007	£283,119	£1,975	8
2006	£200,421	£1,454	7
2005	£242,493	£1,426	7
2004	£251,400	£1,160	5
2003	£215,000	£1,247	3
2002	£136,370	£724	3
2001	£147,806	£1,018	8
2000	£180,000		4
1999	£117,975	£403	2
1998	£105,500	£953	2
1997	£105,000		1
1996	£103,214	£750	7
1995	£76,333		3

House Type in NE8 4JE area

The most common house types in the NE8 4JE postcode area are Flat (70), Terraced (27), and Shared house (27).

Total	128
Flat	70
Terraced	27
Shared house	27
Semi-detached	2
Detached	1
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (51), and Owned: Owns with a mortgage or loan (33).

Private rented: Private landlord or letting agency	51
Owned: Owns with a mortgage or loan	33
Owned: Owns outright	20
Social rented: Rents from council or Local Authority	19
Private rented: Other private rented	4
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE8 4JE have 1 person in household (57), and 2 people in household (36).

1 person in household	57
2 people in household	36
3 people in household	21
4 people in household	8
5 people in household	3
6 people in household	2
8 or more people in household	2
7 people in household	1
0 people in household	0