Housing Market Analysis for WESTMINSTER STREET, NE8 4QE

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £165,247 median price is £178,495 Standard Deviation is £37,499 with Total Sold: 8
- The Last 5 Year average price is £178,568 with Total Sold: 7
- The most recent sale happened at this postcode is 20 WESTMINSTER STREET: £196,000 (Sold on 26 Aug 2022)
- The first recorded sale happened at this postcode is 57 WESTMINSTER STREET: £72,000 (Sold on 05 Sep 2007)
Flat
- The average price is around £45,376 median price is £47,000 Standard Deviation is £21,202 with Total Sold: 68
- The Last 5 Year average price is £75,500 with Total Sold: 1
- The most recent sale happened at this postcode is 29 WESTMINSTER STREET: £75,500 (Sold on 26 Jul 2022)
- The first recorded sale happened at this postcode is 41 WESTMINSTER STREET: £14,500 (Sold on 30 Jun 1995)
Terraced
- The average price is around £100,222 median price is £72,800 Standard Deviation is £57,147 with Total Sold: 17
- The Last 5 Year average price is £162,329 with Total Sold: 6
- The most recent sale happened at this postcode is 11 WESTMINSTER STREET: £136,000 (Sold on 25 Nov 2021)
- The first recorded sale happened at this postcode is 2 WESTMINSTER STREET: £55,000 (Sold on 15 Jun 1999)
Other
- The average price is around £115,000 median price is £115,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £115,000 with Total Sold: 1
- The most recent sale happened at this postcode is 1 WESTMINSTER STREET: £115,000 (Sold on 26 Mar 2021)
- The first recorded sale happened at this postcode is 1 WESTMINSTER STREET: £115,000 (Sold on 26 Mar 2021)
Detached
- The average price is around £183,995 median price is £183,995 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £183,995 with Total Sold: 1
- The most recent sale happened at this postcode is 12 WESTMINSTER STREET: £183,995 (Sold on 30 Sep 2020)
- The first recorded sale happened at this postcode is 12 WESTMINSTER STREET: £183,995 (Sold on 30 Sep 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 4QE 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£196,000	£2,021	1
2021	£190,000	£1,939	1
2020	£172,795	£1,802	5
2007	£72,000	£1,043	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£75,500	£1,094	1
2018	£55,125	£807	4
2017	£66,750	£940	1
2016	£57,000	£770	1
2015	£62,000	£838	1
2014	£51,000	£672	1
2011	£50,000	£784	2
2009	£50,000		1
2008	£67,900	£772	2
2007	£66,214	£924	7
2006	£73,625	£877	4
2005	£46,325	£712	4
2004	£53,996	£630	12
2003	£35,788	£462	13
2002	£17,700	£262	5
2001	£13,250	£135	2
2000	£13,500		1
1999	£13,667	£182	3
1998	£12,500	£142	1
1995	£14,250	£202	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£141,998	£1,760	2
2020	£172,495	£1,941	4
2009	£93,000		1
2008	£72,800	£743	1
2007	£121,000	£1,747	2
2005	£65,000	£816	2
2004	£54,750		2
2001	£13,750	£95	2
1999	£55,000	£756	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£115,000	£1,986	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£183,995	£1,878	1

All the Sales in the WESTMINSTER STREET, NE8 4QE

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

Address	Sold Date	Price	% Change
20 WESTMINSTER STREETSemi-Detached, FreeholdArea: 97 Sq.mtrAge: 2012 onwards	26 Aug 2022	£196,000	13.30%
	30 Oct 2020	£172,995	First Sale
29 WESTMINSTER STREETFlat, LeaseholdArea: 69 Sq.mtrAge: before 1900	26 Jul 2022	£75,500	64.13%
	25 May 2004	£46,000	First Sale
11 WESTMINSTER STREETTerraced, FreeholdArea: 74 Sq.mtrAge: 1900-1929	25 Nov 2021	£136,000	First Sale
6 WESTMINSTER STREETSemi-Detached, FreeholdArea: 98 Sq.mtr	30 Sep 2021	£190,000	160.99%
	18 Jan 2008	£72,800	8.66%
	09 Mar 2005	£67,000	First Sale
16 WESTMINSTER STREETTerraced, FreeholdArea: 88 Sq.mtr	30 Sep 2021	£147,995	138.70%
	14 May 2004	£62,000	40.91%
	29 Sep 2003	£44,000	First Sale
1 WESTMINSTER STREETOther, FreeholdArea: 57.9 Sq.mtrAge: 1900-1929	26 Mar 2021	£115,000	130.00%
	06 Jan 2011	£50,000	809.09%
	28 Feb 2001	£5,500	First Sale
26 WESTMINSTER STREETSemi-Detached, FreeholdArea: 98 Sq.mtr	01 Dec 2020	£177,995	1171.39%
26 WESTMINSTER STREETSemi-Detached, FreeholdArea: 98 Sq.mtr	03 Aug 2001	£14,000	First Sale
28 WESTMINSTER STREETSemi-Detached, FreeholdArea: 98 Sq.mtr	30 Oct 2020	£178,995	289.12%
	23 Apr 2004	£46,000	268.00%
	21 Dec 2001	£12,500	First Sale
22 WESTMINSTER STREETSemi-Detached, FreeholdArea: 98 Sq.mtr	16 Oct 2020	£183,995	First Sale
18 WESTMINSTER STREETTerraced, FreeholdArea: 98 Sq.mtr	30 Sep 2020	£172,995	293.17%
18 WESTMINSTER STREETTerraced, FreeholdArea: 98 Sq.mtr	29 Sep 2003	£44,000	First Sale
12 WESTMINSTER STREETDetached, FreeholdArea: 98 Sq.mtr	30 Sep 2020	£183,995	328.39%
12 WESTMINSTER STREETDetached, FreeholdArea: 98 Sq.mtr	03 Dec 2003	£42,950	First Sale
8 WESTMINSTER STREETTerraced, FreeholdArea: 98 Sq.mtr	30 Sep 2020	£183,995	217.23%
	22 Jun 2004	£58,000	241.18%
	19 Mar 1999	£17,000	First Sale
14 WESTMINSTER STREETTerraced, FreeholdArea: 98 Sq.mtr	30 Sep 2020	£183,995	332.93%
	05 Mar 2004	£42,500	-1.05%
	03 Dec 2003	£42,950	First Sale
10 WESTMINSTER STREETSemi-Detached, FreeholdArea: 88 Sq.mtr	25 Sep 2020	£149,995	138.09%
	30 Apr 2008	£63,000	404.00%
	31 Jul 1998	£12,500	First Sale
4 WESTMINSTER STREETTerraced, FreeholdArea: 66.4 Sq.mtrAge: 1900-1929	25 Aug 2020	£148,995	104.66%
	18 Jan 2008	£72,800	15.56%
	27 May 2005	£63,000	First Sale
15 WESTMINSTER STREETFlat, LeaseholdArea: 71.9 Sq.mtrAge: 1900-1929	14 Dec 2018	£64,000	0.0
	18 Aug 2006	£64,000	First Sale
63 WESTMINSTER STREETFlat, FreeholdArea: 70 Sq.mtrAge: 1900-1929	12 Nov 2018	£50,000	0.0
	12 Nov 2018	£50,000	-19.35%
	29 Sep 2006	£62,000	First Sale
33 WESTMINSTER STREETFlat, LeaseholdArea: 62 Sq.mtrAge: 1900-1929	26 Apr 2018	£56,500	-35.43%
	08 Jun 2007	£87,500	38.89%
	07 Nov 2006	£63,000	57.50%
	23 Dec 2003	£40,000	First Sale
49 WESTMINSTER STREETFlat, LeaseholdArea: 71 Sq.mtrAge: 1900-1929	03 Nov 2017	£66,750	2.69%
	16 Apr 2004	£65,000	103.44%
	02 May 2003	£31,950	First Sale
43 WESTMINSTER STREETFlat, LeaseholdArea: 74 Sq.mtrAge: 1900-1929	01 Dec 2016	£57,000	First Sale
19 WESTMINSTER STREETFlat, LeaseholdArea: 74 Sq.mtrAge: 1900-1929	15 Jun 2015	£62,000	114.16%
	14 Mar 2003	£28,950	First Sale
23 WESTMINSTER STREETFlat, LeaseholdArea: 75.84 Sq.mtrAge: before 1900	26 Nov 2014	£51,000	First Sale
3 WESTMINSTER STREETFlat, LeaseholdArea: 71 Sq.mtrAge: 1900-1929	06 Jan 2011	£50,000	First Sale
82 WESTMINSTER STREETTerraced, Freehold	21 Aug 2009	£93,000	First Sale
74 WESTMINSTER STREETFlat, Leasehold	31 Mar 2009	£50,000	First Sale
57 WESTMINSTER STREETSemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1900-1929	05 Sep 2007	£72,000	140.00%
	17 Jan 2003	£30,000	First Sale
59 WESTMINSTER STREETTerraced, LeaseholdArea: 62.21 Sq.mtrAge: 1900-1929	05 Sep 2007	£72,000	First Sale
55 WESTMINSTER STREETFlat, FreeholdArea: 70 Sq.mtrAge: 1900-1929	17 Aug 2007	£48,000	First Sale
53 WESTMINSTER STREETFlat, LeaseholdArea: 71 Sq.mtrAge: before 1900	17 Aug 2007	£48,000	First Sale
2 WESTMINSTER STREETTerraced, FreeholdArea: 72.74 Sq.mtrAge: before 1900	28 Mar 2007	£170,000	209.09%
	15 Jun 1999	£55,000	First Sale
42 WESTMINSTER STREETFlat, Leasehold	09 Feb 2007	£70,000	0.0
42 WESTMINSTER STREETFlat, Leasehold	09 Feb 2007	£70,000	First Sale
40 WESTMINSTER STREETFlat, Freehold	09 Feb 2007	£70,000	0.0
40 WESTMINSTER STREETFlat, Freehold	09 Feb 2007	£70,000	First Sale
37 - 39 WESTMINSTER STREETFlat, FreeholdArea: 147.72 Sq.mtrAge: 1900-1929	05 May 2006	£105,500	First Sale
27 WESTMINSTER STREETFlat, LeaseholdArea: 65 Sq.mtrAge: 1900-1929	22 Jul 2005	£62,150	195.95%
	15 Mar 2005	£21,000	First Sale
25 WESTMINSTER STREETFlat, FreeholdArea: 62.99 Sq.mtrAge: 1900-1929	22 Jul 2005	£62,150	417.92%
	04 Jun 1999	£12,000	First Sale
30 WESTMINSTER STREETFlat, LeaseholdArea: 68.58 Sq.mtrAge: 1900-1929	25 May 2005	£40,000	First Sale
84 WESTMINSTER STREETFlat, Leasehold	23 Dec 2004	£38,000	First Sale
72 WESTMINSTER STREETFlat, Leasehold	22 Oct 2004	£53,000	First Sale
17 WESTMINSTER STREETTerraced, Freehold	01 Oct 2004	£57,500	First Sale
78 WESTMINSTER STREETFlat, Leasehold	10 Sep 2004	£75,000	First Sale
76 WESTMINSTER STREETFlat, Leasehold	10 Sep 2004	£70,000	First Sale
48 WESTMINSTER STREETFlat, Leasehold	16 Jul 2004	£49,500	241.38%
48 WESTMINSTER STREETFlat, Leasehold	28 Mar 2002	£14,500	First Sale
54 WESTMINSTER STREETTerraced, Leasehold	04 Jun 2004	£52,000	First Sale
44 WESTMINSTER STREETFlat, Leasehold	14 May 2004	£42,950	82.77%
44 WESTMINSTER STREETFlat, Leasehold	23 Aug 2002	£23,500	First Sale
86 WESTMINSTER STREETFlat, Leasehold	05 Dec 2003	£39,950	81.59%
86 WESTMINSTER STREETFlat, Leasehold	12 Mar 2001	£22,000	First Sale
41 WESTMINSTER STREETFlat, LeaseholdArea: 74 Sq.mtrAge: 1900-1929	12 Nov 2003	£30,500	110.34%
	30 Jun 1995	£14,500	First Sale
38 WESTMINSTER STREETFlat, Leasehold	04 Sep 2003	£31,000	158.33%
38 WESTMINSTER STREETFlat, Leasehold	14 May 1999	£12,000	First Sale
36 WESTMINSTER STREETFlat, Freehold	04 Sep 2003	£31,000	55.00%
36 WESTMINSTER STREETFlat, Freehold	26 Apr 2002	£20,000	First Sale
46 WESTMINSTER STREETFlat, Leasehold	27 Mar 2003	£28,000	First Sale
50 WESTMINSTER STREETFlat, Freehold	28 Mar 2002	£14,500	First Sale
21 WESTMINSTER STREETFlat, LeaseholdArea: 61.16 Sq.mtrAge: 1900-1929	04 Feb 2002	£16,000	First Sale
58 WESTMINSTER STREETFlat, Leasehold	11 Aug 2000	£13,500	First Sale
61 WESTMINSTER STREETFlat, LeaseholdArea: 67 Sq.mtrAge: before 1900	30 Jun 1995	£14,000	First Sale

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

WESTMINSTER STREET, NE8 4QE Near By properties

Interactive Map

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

Terraced
- The average price is around £91,014 median price is £81,170 Standard Deviation is £58,249 with Total Sold: 1,610
- The Last 5 Year average price is £141,417 with Total Sold: 241
- 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 £102,037 median price is £98,500 Standard Deviation is £52,970 with Total Sold: 430
- The Last 5 Year average price is £156,030 with Total Sold: 93
- 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)
Flat
- The average price is around £54,641 median price is £56,000 Standard Deviation is £33,259 with Total Sold: 3,721
- The Last 5 Year average price is £81,134 with Total Sold: 426
- The most recent sale happened at this postcode is , 39 WESTBOURNE AVENUE: £86,000 (Sold on 24 Jun 2024)
- The first recorded sale happened at this postcode is , 24 BALFOUR STREET: £16,000 (Sold on 04 Jan 1995)
Other
- The average price is around £206,743 median price is £85,000 Standard Deviation is £794,160 with Total Sold: 175
- The Last 5 Year average price is £261,834 with Total Sold: 117
- The most recent sale happened at this postcode is , 92 FARADAY GROVE: £135,000 (Sold on 07 Mar 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 £159,081 median price is £167,000 Standard Deviation is £68,879 with Total Sold: 59
- The Last 5 Year average price is £209,173 with Total Sold: 17
- The most recent sale happened at this postcode is , 12 DUNSMUIR GROVE: £270,000 (Sold on 08 Dec 2023)
- The first recorded sale happened at this postcode is , 1 SIDNEY GROVE: £59,100 (Sold on 11 Oct 1996)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£172,576	£1,367	23
2023	£145,714	£1,458	52
2022	£145,042	£1,443	59
2021	£131,147	£1,297	38
2020	£127,488	£1,225	32
2019	£132,824	£1,183	37
2018	£136,791	£1,320	59
2017	£134,862	£1,200	52
2016	£138,762	£1,287	98
2015	£121,695	£1,058	27
2014	£119,284	£1,072	34
2013	£110,057	£1,126	22
2012	£109,565	£1,065	24
2011	£94,506	£983	35
2010	£106,816	£1,140	37
2009	£100,226	£1,023	23
2008	£96,388	£1,069	39
2007	£124,515	£1,275	65
2006	£113,385	£1,256	74
2005	£96,009	£1,162	87
2004	£79,045	£1,100	126
2003	£59,485	£714	132
2002	£39,399	£445	111
2001	£35,868	£390	74
2000	£34,732	£324	60
1999	£33,778	£311	58
1998	£30,999	£295	34
1997	£32,777	£302	35
1996	£34,840	£342	42
1995	£31,857	£276	21

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£147,675		4
2023	£183,083	£1,733	12
2022	£168,125	£1,919	14
2021	£164,052	£1,552	19
2020	£136,366	£1,534	31
2019	£155,769	£1,672	13
2018	£114,150	£1,306	12
2017	£112,951	£1,446	12
2016	£123,792	£1,378	12
2015	£96,663	£1,251	15
2014	£114,186	£1,408	11
2013	£96,682	£1,237	11
2012	£103,882	£1,228	11
2011	£89,460	£1,085	5
2010	£98,986	£1,168	7
2009	£111,828	£1,280	9
2008	£111,736	£1,245	14
2007	£121,548	£1,453	29
2006	£113,471	£1,527	21
2005	£108,393	£1,394	14
2004	£92,293	£1,187	37
2003	£76,837	£821	19
2002	£48,441	£604	13
2001	£44,769	£535	13
2000	£47,988	£414	12
1999	£37,182	£521	11
1998	£44,206	£449	16
1997	£40,744	£519	8
1996	£39,086	£445	13
1995	£41,121	£474	12

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£79,135	£1,120	17
2023	£78,610	£1,171	100
2022	£95,663	£1,364	116
2021	£81,901	£1,136	88
2020	£68,305	£942	45
2019	£66,310	£891	60
2018	£70,247	£988	69
2017	£71,582	£958	101
2016	£67,508	£962	62
2015	£66,461	£899	82
2014	£66,812	£947	69
2013	£71,246	£1,022	48
2012	£65,638	£907	38
2011	£65,801	£917	52
2010	£68,115	£1,072	46
2009	£67,327	£1,060	50
2008	£80,422	£1,160	117
2007	£84,119	£1,238	317
2006	£72,026	£1,049	247
2005	£65,043	£943	316
2004	£55,526	£806	370
2003	£36,444	£538	299
2002	£24,035	£361	196
2001	£19,685	£293	125
2000	£19,225	£274	126
1999	£17,788	£260	113
1998	£18,885	£265	126
1997	£21,011	£327	112
1996	£20,168	£293	116
1995	£21,032	£308	98

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£135,000	£1,776	1
2023	£297,031	£1,750	29
2022	£106,994	£1,425	26
2021	£93,369	£1,336	26
2020	£691,850	£8,790	22
2019	£111,961	£932	13
2018	£91,066	£1,263	20
2017	£108,342	£1,334	19
2016	£86,984	£1,107	16
2015	£105,000		1
2014	£110,000	£1,618	1
2013	£59,000	£967	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£252,000	£2,229	2
2022	£186,000	£1,860	1
2021	£206,303	£1,824	13
2020	£183,995	£1,878	1
2017	£173,982	£1,741	3
2016	£190,500	£1,679	2
2015	£94,000	£1,205	1
2013	£201,000	£1,373	2
2010	£189,317	£2,049	3
2009	£155,000		1
2007	£189,000	£1,473	3
2006	£168,000	£1,348	5
2005	£175,150	£1,586	3
2004	£171,999	£1,160	4
2003	£59,500		2
2002	£96,000	£854	4
2001	£71,000		1
1999	£73,817	£511	3
1998	£56,000		1
1997	£58,983	£717	3
1996	£59,100	£451	1

House Type in NE8 4QE area

The most common house types in the NE8 4QE postcode area are Flat (44), Shared house (24), and Terraced (10).

Total	92
Flat	44
Shared house	24
Terraced	10
Semi-detached	9
Detached	4
commercial building	1
converted 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 (49), and Owned: Owns with a mortgage or loan (18).

Private rented: Private landlord or letting agency	49
Owned: Owns with a mortgage or loan	18
Owned: Owns outright	12
Social rented: Other social rented	6
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	2
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the NE8 4QE have 1 person in household (44), and 2 people in household (30).

1 person in household	44
2 people in household	30
3 people in household	10
4 people in household	5
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0