Housing Market Analysis for WESTBOURNE AVENUE, NE8 4NS

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

Overview of Sold House prices

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

Flat
- The average price is around £65,312 median price is £76,000 Standard Deviation is £28,959 with Total Sold: 63
- The Last 5 Year average price is £82,396 with Total Sold: 12
- The most recent sale happened at this postcode is 248 WESTBOURNE AVENUE: £83,000 (Sold on 29 Feb 2024)
- The first recorded sale happened at this postcode is 254 WESTBOURNE AVENUE: £95,250 (Sold on 03 Nov 2023)
Terraced
- The average price is around £106,646 median price is £122,000 Standard Deviation is £45,674 with Total Sold: 12
- The Last 5 Year average price is £137,000 with Total Sold: 2
- The most recent sale happened at this postcode is 270 WESTBOURNE AVENUE: £114,000 (Sold on 24 Oct 2023)
- The first recorded sale happened at this postcode is 235 WESTBOURNE AVENUE: £36,500 (Sold on 16 Feb 2001)
Other
- The average price is around £78,500 median price is £78,500 Standard Deviation is £8,500 with Total Sold: 2
- The Last 5 Year average price is £78,500 with Total Sold: 2
- The most recent sale happened at this postcode is 288 WESTBOURNE AVENUE: £87,000 (Sold on 11 Jan 2022)
- The first recorded sale happened at this postcode is 223 WESTBOURNE AVENUE: £70,000 (Sold on 13 Oct 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 4NS 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
2024	£83,000		1
2022	£89,500	£1,440	6
2021	£69,250	£1,097	2
2019	£67,500	£1,106	2
2018	£78,750	£1,226	2
2017	£115,000	£1,018	1
2016	£72,000	£1,157	2
2015	£60,000	£952	1
2013	£83,333	£1,325	3
2012	£85,000	£1,051	1
2009	£87,250	£1,393	2
2008	£93,500	£1,250	2
2007	£102,717	£1,492	6
2006	£66,333	£1,046	3
2005	£81,983	£1,160	3
2004	£69,500	£1,073	4
2003	£47,450	£700	4
2002	£26,250	£435	4
2001	£25,500	£372	2
1999	£20,000	£247	1
1998	£22,000	£328	1
1997	£24,200	£403	2
1996	£25,890	£408	5
1995	£24,000	£324	2
2023	£95,250	£1,500	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£137,000	£1,439	2
2014	£54,800	£794	1
2008	£136,500	£2,133	2
2007	£162,000		1
2006	£159,950	£2,387	1
2005	£132,000		1
2003	£62,500	£858	3
2001	£36,500		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£87,000		1
2021	£70,000	£1,400	1

All the Sales in the WESTBOURNE AVENUE, NE8 4NS

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

Address	Sold Date	Price	% Change
248 WESTBOURNE AVENUEFlat, Leasehold	29 Feb 2024	£83,000	9.21%
	08 Jan 2018	£76,000	-23.96%
	04 May 2007	£99,950	354.32%
	29 Oct 2002	£22,000	First Sale
270 WESTBOURNE AVENUETerraced, FreeholdArea: 67 Sq.mtrAge: 1900-1929	24 Oct 2023	£114,000	-28.73%
	08 Sep 2006	£159,950	166.58%
	08 May 2003	£60,000	First Sale
271 - 273 WESTBOURNE AVENUETerraced, FreeholdArea: 136 Sq.mtrAge: 1900-1929	13 Oct 2023	£160,000	First Sale
223 WESTBOURNE AVENUEFlat, LeaseholdArea: 50 Sq.mtrAge: 1900-1929	09 Dec 2022	£95,000	35.71%
	13 Oct 2021	£70,000	-10.26%
	14 Oct 2005	£78,000	194.34%
	06 Jun 2002	£26,500	First Sale
294 WESTBOURNE AVENUEFlat, LeaseholdArea: 64 Sq.mtrAge: 1900-1929	13 Jun 2022	£100,000	25.00%
	12 Feb 2008	£80,000	First Sale
259 WESTBOURNE AVENUEFlat, LeaseholdArea: 59.15 Sq.mtrAge: 1900-1929	23 May 2022	£85,000	First Sale
254 WESTBOURNE AVENUEFlat, LeaseholdArea: 63.5 Sq.mtrAge: 1900-1929	11 Mar 2022	£85,000	4.29%
	20 Jul 2018	£81,500	0.62%
	21 Nov 2013	£81,000	-26.33%
	28 Sep 2007	£109,950	15.43%
	03 Nov 2023	£95,250	First Sale
250 WESTBOURNE AVENUEFlat, LeaseholdArea: 64 Sq.mtrAge: 1900-1929	14 Jan 2022	£85,000	First Sale
286 WESTBOURNE AVENUEFlat, LeaseholdArea: 80.9 Sq.mtrAge: 1900-1929	11 Jan 2022	£87,000	2.35%
	26 Jun 2012	£85,000	325.00%
	10 Dec 1999	£20,000	First Sale
288 WESTBOURNE AVENUEOther, Freehold	11 Jan 2022	£87,000	28.89%
288 WESTBOURNE AVENUEOther, Freehold	15 Oct 2004	£67,500	First Sale
275 WESTBOURNE AVENUEFlat, LeaseholdArea: 64 Sq.mtrAge: 1900-1929	21 Apr 2021	£74,500	-3.25%
	16 Jun 2006	£77,000	First Sale
233 WESTBOURNE AVENUEFlat, LeaseholdArea: 62.14 Sq.mtrAge: 1900-1929	26 Mar 2021	£64,000	-5.19%
	05 Dec 2019	£67,500	-19.64%
	30 May 2013	£84,000	-2.89%
	11 Dec 2009	£86,500	First Sale
231 WESTBOURNE AVENUEFlat, LeaseholdArea: 60 Sq.mtrAge: 1900-1929	05 Dec 2019	£67,500	181.25%
	23 May 1997	£24,000	-1.64%
	07 Mar 1997	£24,400	First Sale
277 WESTBOURNE AVENUEFlat, LeaseholdArea: 113 Sq.mtrAge: 1900-1929	24 Nov 2017	£115,000	33.80%
	26 Aug 2005	£85,950	First Sale
251 WESTBOURNE AVENUEFlat, LeaseholdArea: 63 Sq.mtrAge: before 1900	17 Jun 2016	£90,000	16.88%
	24 Feb 2006	£77,000	40.00%
	02 Feb 2004	£55,000	First Sale
267 WESTBOURNE AVENUEFlat, LeaseholdArea: 61 Sq.mtrAge: 1900-1929	19 Feb 2016	£54,000	First Sale
260 WESTBOURNE AVENUEFlat, LeaseholdArea: 63 Sq.mtrAge: 1900-1929	25 Sep 2015	£60,000	27.66%
	02 Jul 2003	£47,000	91.84%
	01 May 1996	£24,500	First Sale
292 WESTBOURNE AVENUETerraced, FreeholdArea: 69 Sq.mtrAge: before 1900	25 Apr 2014	£54,800	First Sale
264 WESTBOURNE AVENUEFlat, LeaseholdArea: 63.12 Sq.mtrAge: 1900-1929	24 Oct 2013	£85,000	-3.41%
	09 Jan 2009	£88,000	95.56%
	03 Feb 2006	£45,000	First Sale
268 WESTBOURNE AVENUETerraced, FreeholdArea: 64 Sq.mtrAge: 1900-1929	17 Jul 2008	£143,000	10.00%
	30 Apr 2008	£130,000	First Sale
281 WESTBOURNE AVENUEFlat, Leasehold	21 Apr 2008	£107,000	30.49%
281 WESTBOURNE AVENUEFlat, Leasehold	24 Jun 2005	£82,000	First Sale
256 WESTBOURNE AVENUEFlat, Leasehold	28 Sep 2007	£109,950	109.43%
256 WESTBOURNE AVENUEFlat, Leasehold	08 Aug 2003	£52,500	First Sale
269 WESTBOURNE AVENUEFlat, LeaseholdArea: 70 Sq.mtrAge: 1900-1929	07 Sep 2007	£106,500	26.04%
	22 Oct 2004	£84,500	218.87%
	19 Dec 2001	£26,500	First Sale
249 WESTBOURNE AVENUEFlat, LeaseholdArea: 79 Sq.mtrAge: 1900-1929	08 Jun 2007	£90,000	First Sale
246 WESTBOURNE AVENUEFlat, LeaseholdArea: 65.35 Sq.mtrAge: 1900-1929	04 May 2007	£99,950	132.17%
	29 Aug 2003	£43,050	First Sale
235 WESTBOURNE AVENUETerraced, Freehold	23 Mar 2007	£162,000	22.73%
	11 Mar 2005	£132,000	76.00%
	18 Mar 2003	£75,000	105.48%
	16 Feb 2001	£36,500	First Sale
227 WESTBOURNE AVENUEFlat, LeaseholdArea: 62.28 Sq.mtrAge: 1900-1929	28 May 2004	£71,000	189.80%
	12 Aug 2002	£24,500	-8.41%
	16 Aug 1996	£26,750	First Sale
284 WESTBOURNE AVENUETerraced, LeaseholdArea: 64 Sq.mtrAge: 1900-1929	20 Jun 2003	£52,500	First Sale
257 WESTBOURNE AVENUEFlat, LeaseholdArea: 67.9 Sq.mtrAge: 1900-1929	07 Mar 2003	£47,250	75.32%
	27 Sep 1996	£26,950	22.50%
	27 Jan 1995	£22,000	First Sale
263 WESTBOURNE AVENUEFlat, LeaseholdArea: 67 Sq.mtrAge: 1900-1929	25 Oct 2002	£32,000	45.45%
	05 Nov 1998	£22,000	First Sale
247 WESTBOURNE AVENUEFlat, LeaseholdArea: 67 Sq.mtrAge: 1900-1929	27 Mar 2001	£24,500	First Sale
229 WESTBOURNE AVENUEFlat, Leasehold	16 Aug 1996	£26,750	First Sale
258 WESTBOURNE AVENUEFlat, FreeholdArea: 59 Sq.mtrAge: 1900-1929	01 May 1996	£24,500	First Sale
296 WESTBOURNE AVENUEFlat, Leasehold	31 Mar 1995	£26,000	First Sale

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

WESTBOURNE AVENUE, NE8 4NS Near By properties

Interactive Map

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

Terraced
- The average price is around £104,519 median price is £88,575 Standard Deviation is £71,629 with Total Sold: 1,488
- The Last 5 Year average price is £161,130 with Total Sold: 250
- 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)
Flat
- The average price is around £61,632 median price is £60,500 Standard Deviation is £39,348 with Total Sold: 3,704
- The Last 5 Year average price is £95,396 with Total Sold: 495
- 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 , 139 BRINKBURN AVENUE: £15,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £168,394 median price is £138,975 Standard Deviation is £94,682 with Total Sold: 546
- The Last 5 Year average price is £216,518 with Total Sold: 127
- The most recent sale happened at this postcode is , 13 HUXLEY CRESCENT: £153,000 (Sold on 06 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 £153,399 median price is £85,500 Standard Deviation is £631,221 with Total Sold: 168
- The Last 5 Year average price is £174,818 with Total Sold: 115
- The most recent sale happened at this postcode is , 115 AVENUE ROAD: £93,000 (Sold on 03 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 £248,134 median price is £240,000 Standard Deviation is £111,834 with Total Sold: 106
- The Last 5 Year average price is £268,122 with Total Sold: 24
- 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£188,777	£1,290	28
2023	£166,609	£1,559	49
2022	£160,570	£1,555	56
2021	£146,447	£1,308	35
2020	£167,305	£1,360	43
2019	£141,570	£1,274	39
2018	£164,875	£1,478	57
2017	£157,897	£1,134	40
2016	£154,314	£1,197	42
2015	£137,930	£1,162	30
2014	£153,494	£1,255	42
2013	£136,788	£1,317	26
2012	£123,956	£1,095	26
2011	£107,778	£1,064	29
2010	£124,374	£1,238	38
2009	£114,404	£974	24
2008	£114,233	£1,174	24
2007	£138,057	£1,234	62
2006	£126,306	£1,223	72
2005	£111,039	£1,110	83
2004	£92,681	£1,056	94
2003	£73,062	£704	112
2002	£45,196	£444	93
2001	£47,087	£411	73
2000	£40,925	£361	50
1999	£39,844	£318	63
1998	£44,119	£352	43
1997	£39,751	£308	39
1996	£40,442	£366	52
1995	£34,638	£297	24

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£117,705	£1,680	21
2023	£92,446	£1,322	112
2022	£106,551	£1,527	129
2021	£94,275	£1,285	102
2020	£86,611	£1,194	58
2019	£82,337	£1,138	73
2018	£77,789	£1,084	82
2017	£85,574	£1,171	124
2016	£79,529	£1,196	75
2015	£90,620	£1,254	117
2014	£81,237	£1,184	79
2013	£83,432	£1,274	77
2012	£74,004	£1,037	37
2011	£71,732	£971	59
2010	£73,100	£1,121	49
2009	£67,689	£1,035	52
2008	£83,679	£1,186	116
2007	£88,723	£1,267	286
2006	£75,584	£1,092	221
2005	£69,517	£968	253
2004	£59,265	£842	298
2003	£40,124	£573	258
2002	£26,089	£382	171
2001	£22,093	£316	121
2000	£22,418	£315	133
1999	£22,026	£306	120
1998	£20,756	£293	139
1997	£22,682	£338	118
1996	£21,536	£305	122
1995	£22,135	£324	102

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£243,967	£2,252	9
2023	£270,488	£2,447	17
2022	£238,566	£2,218	19
2021	£208,487	£1,819	28
2020	£180,782	£1,810	35
2019	£210,839	£2,102	19
2018	£206,628	£1,976	29
2017	£255,529	£2,002	36
2016	£219,571	£1,881	34
2015	£209,098	£1,968	22
2014	£218,894	£2,133	25
2013	£175,506	£1,734	19
2012	£172,675	£1,506	14
2011	£148,611	£1,578	6
2010	£213,556	£1,819	9
2009	£157,219	£1,631	8
2008	£161,938	£1,105	8
2007	£133,142	£1,518	24
2006	£155,257	£1,490	21
2005	£193,172	£1,779	16
2004	£106,857	£1,134	21
2003	£110,682	£883	17
2002	£79,306	£833	8
2001	£77,569	£745	16
2000	£59,309	£487	11
1999	£59,971	£575	19
1998	£61,587	£564	19
1997	£59,196	£644	13
1996	£61,640	£462	13
1995	£46,950	£444	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£107,000	£1,776	3
2023	£133,745	£1,291	22
2022	£97,102	£1,347	22
2021	£97,380	£1,358	27
2020	£489,935	£9,012	20
2019	£108,405	£1,010	21
2018	£105,245	£1,454	19
2017	£97,700	£1,214	15
2016	£120,750	£1,182	17
2015	£90,000	£1,261	1
2013	£59,000	£967	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,000		1
2023	£291,333	£2,413	3
2021	£236,130	£1,939	15
2020	£268,499	£2,269	4
2019	£595,000	£3,439	1
2018	£395,105	£2,421	10
2017	£298,422	£2,144	9
2016	£261,238	£2,166	6
2015	£262,300	£1,836	3
2014	£311,960	£2,432	5
2013	£297,290	£2,401	5
2011	£200,000	£1,773	1
2010	£197,983	£1,800	3
2009	£247,500		2
2007	£302,658	£2,030	6
2006	£201,990	£1,454	5
2005	£219,650	£1,727	3
2004	£210,000	£1,160	3
2002	£147,703	£873	3
2001	£149,500		3
2000	£135,000		1
1999	£105,738	£511	4
1998	£105,500	£953	2
1996	£107,300	£673	5
1995	£76,333		3

House Type in NE8 4NS area

The most common house types in the NE8 4NS postcode area are Flat (87), Shared house (42), and Terraced (16).

Total	151
Flat	87
Shared house	42
Terraced	16
Detached	2
Semi-detached	2
converted building	2
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 (95), and Owned: Owns with a mortgage or loan (32).

Private rented: Private landlord or letting agency	95
Owned: Owns with a mortgage or loan	32
Owned: Owns outright	17
Social rented: Other social rented	4
Private rented: Other private rented	4
Social rented: Rents from council or Local Authority	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 4NS have 1 person in household (70), and 2 people in household (56).

1 person in household	70
2 people in household	56
3 people in household	14
4 people in household	9
5 people in household	1
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0