Housing Market Analysis for WESTFIELD TERRACE, NE8 4LD

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

Overview of Sold House prices

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

  • Other
    • The average price is around £35,000 median price is £35,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £35,000 with Total Sold: 1
    • The most recent sale happened at this postcode is REAR OF 1 WESTFIELD TERRACE: £35,000 (Sold on 02 Jul 2021)
    • The first recorded sale happened at this postcode is REAR OF 1 WESTFIELD TERRACE: £35,000 (Sold on 02 Jul 2021)
  • Terraced
    • The average price is around £63,300 median price is £59,750 Standard Deviation is £34,489 with Total Sold: 10
    • The Last 5 Year average price is £106,167 with Total Sold: 3
    • The most recent sale happened at this postcode is 4 WESTFIELD TERRACE: £120,000 (Sold on 23 Aug 2019)
    • The first recorded sale happened at this postcode is 5 WESTFIELD TERRACE: £90,000 (Sold on 03 May 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 4LD 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£35,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£114,250 £1,139 2
2007£70,0001
2004£84,500 £971 1
2002£49,500 £419 1
2001£36,0001
1998£25,0001
1997£19,5001
1996£30,000 £275 1
2024£90,0001

All the Sales in the WESTFIELD TERRACE, NE8 4LD

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

AddressSold DatePrice% Change
REAR OF 1 WESTFIELD TERRACEOther, Freehold02 Jul 2021£35,000First Sale
4 WESTFIELD TERRACETerraced, FreeholdArea: 118 Sq.mtrAge: 1900-192923 Aug 2019£120,000142.42%
18 Jan 2002£49,500First Sale
7 WESTFIELD TERRACETerraced, FreeholdArea: 86 Sq.mtrAge: 1900-192918 Apr 2019£108,500First Sale
THE DEN WESTFIELD TERRACETerraced, Freehold23 Feb 2007£70,000First Sale
5 WESTFIELD TERRACETerraced, FreeholdArea: 87 Sq.mtrAge: 1900-192911 Mar 2004£84,500-6.11%
03 May 2024£90,000First Sale
3 WESTFIELD TERRACETerraced, Freehold23 Mar 2001£36,00084.62%
21 Feb 1997£19,500First Sale
6 WESTFIELD TERRACETerraced, Freehold28 Sep 1998£25,000First Sale
1 WESTFIELD TERRACETerraced, FreeholdArea: 109 Sq.mtrAge: 1900-192910 Oct 1996£30,000First Sale

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

WESTFIELD TERRACE, NE8 4LD Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £107,111 median price is £91,000 Standard Deviation is £70,552 with Total Sold: 2,038
    • The Last 5 Year average price is £165,608 with Total Sold: 325
    • 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 , 57 DURHAM ROAD: £45,000 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £165,753 median price is £148,000 Standard Deviation is £97,532 with Total Sold: 303
    • The Last 5 Year average price is £235,360 with Total Sold: 58
    • The most recent sale happened at this postcode is , 154 PRINCE CONSORT ROAD: £285,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 130 FERN DENE ROAD: £30,000 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £61,280 median price is £60,000 Standard Deviation is £38,637 with Total Sold: 4,028
    • The Last 5 Year average price is £91,126 with Total Sold: 558
    • The most recent sale happened at this postcode is , 21 EDENDALE TERRACE: £122,500 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , 40 : £14,000 (Sold on 03 Jan 1995)
  • Other
    • The average price is around £170,295 median price is £89,625 Standard Deviation is £591,850 with Total Sold: 204
    • The Last 5 Year average price is £197,830 with Total Sold: 140
    • 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 £194,352 median price is £191,000 Standard Deviation is £90,482 with Total Sold: 39
    • The Last 5 Year average price is £323,333 with Total Sold: 3
    • 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 , 29 SILVERDALE TERRACE: £59,000 (Sold on 04 Aug 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£182,297 £1,082 33
2023£174,989 £1,516 62
2022£167,212 £1,551 67
2021£155,301 £1,291 53
2020£169,809 £1,231 58
2019£147,584 £1,229 52
2018£147,923 £1,225 58
2017£167,765 £1,216 63
2016£151,164 £1,201 63
2015£152,946 £1,208 51
2014£153,130 £1,167 60
2013£141,713 £1,235 43
2012£142,199 £1,160 42
2011£117,115 £1,036 49
2010£130,840 £1,144 49
2009£120,323 £939 43
2008£145,164 £1,096 49
2007£133,946 £1,183 92
2006£121,319 £1,227 93
2005£112,861 £1,089 105
2004£95,396 £994 117
2003£72,469 £666 146
2002£47,283 £452 123
2001£48,359 £425 83
2000£43,074 £348 68
1999£39,159 £326 95
1998£40,564 £325 60
1997£38,480 £281 55
1996£39,528 £319 68
1995£36,612 £293 38
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£259,7128
2023£310,773 £2,565 11
2022£244,031 £2,087 8
2021£206,999 £1,842 13
2020£206,898 £1,815 10
2019£180,306 £1,806 8
2018£205,458 £1,962 20
2017£247,668 £1,940 17
2016£241,198 £2,033 25
2015£234,106 £2,096 16
2014£232,803 £2,177 19
2013£153,829 £1,634 7
2012£143,750 £1,218 6
2011£450,000 £5,817 1
2010£117,000 £1,204 3
2009£117,500 £976 2
2008£125,667 £904 3
2007£147,657 £1,141 14
2006£138,950 £1,259 11
2005£113,605 £1,135 11
2004£101,933 £821 15
2003£93,247 £818 15
2002£59,590 £869 5
2001£60,820 £637 10
2000£37,500 £234 7
1999£39,944 £345 9
1998£48,145 £557 10
1997£47,228 £369 9
1996£51,300 £371 5
1995£47,500 £457 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£111,475 £1,671 28
2023£93,242 £1,365 119
2022£100,384 £1,432 147
2021£90,699 £1,236 108
2020£78,843 £1,090 67
2019£76,372 £1,063 89
2018£76,459 £1,070 87
2017£79,794 £1,102 126
2016£78,135 £1,175 89
2015£90,670 £1,249 123
2014£79,522 £1,142 94
2013£82,196 £1,255 83
2012£72,993 £1,002 42
2011£76,695 £1,037 54
2010£72,308 £1,029 54
2009£68,653 £1,018 53
2008£87,645 £1,264 120
2007£90,563 £1,267 297
2006£80,293 £1,168 233
2005£72,002 £984 289
2004£59,695 £842 303
2003£39,822 £573 288
2002£25,935 £370 180
2001£22,187 £313 130
2000£22,554 £309 150
1999£22,062 £306 140
1998£20,840 £289 161
1997£22,806 £334 127
1996£21,220 £290 129
1995£22,254 £328 118
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£96,090 £1,416 10
2023£155,708 £1,625 19
2022£118,558 £1,505 26
2021£151,563 £1,174 27
2020£433,759 £7,252 27
2019£157,762 £1,129 31
2018£89,790 £1,298 21
2017£110,861 £1,468 22
2016£130,714 £1,323 14
2015£138,417 £1,091 6
2013£59,000 £967 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2023£370,000 £2,782 1
2019£250,000 £1,020 1
2017£204,000 £1,753 2
2016£284,963 £2,247 4
2015£299,950 £2,255 1
2014£296,712 £2,427 4
2010£172,000 £1,552 2
2009£155,0001
2008£170,0001
2007£213,000 £1,187 2
2006£152,333 £1,177 6
2005£129,667 £1,139 3
2004£173,333 £877 3
2002£109,110 £724 1
2001£100,0001
1999£97,950 £403 1
1998£86,000 £417 1
1997£105,0001
1996£100,0001
1995£59,0001

House Type in NE8 4LD area

The most common house types in the NE8 4LD postcode area are Flat (52), Terraced (48), and Shared house (15).

Total122
Flat52
Terraced48
Shared house15
Semi-detached5
Detached1
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (42), and Owned: Owns with a mortgage or loan (25).

Private rented: Private landlord or letting agency42
Owned: Owns with a mortgage or loan25
Social rented: Other social rented23
Owned: Owns outright20
Social rented: Rents from council or Local Authority7
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE8 4LD have 1 person in household (54), and 2 people in household (21).

1 person in household54
2 people in household21
3 people in household13
8 or more people in household13
4 people in household8
5 people in household7
7 people in household5
6 people in household1
0 people in household0