Housing Market Analysis for WATT STREET, NE8 4TU

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £44,791 median price is £43,500 Standard Deviation is £22,695 with Total Sold: 39
    • The Last 5 Year average price is £71,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 44 WATT STREET: £71,500 (Sold on 12 May 2023)
    • The first recorded sale happened at this postcode is 21 WATT STREET: £26,950 (Sold on 30 Mar 1995)
  • Terraced
    • The average price is around £90,000 median price is £86,500 Standard Deviation is £19,222 with Total Sold: 4
    • The Last 5 Year average price is £97,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 34 WATT STREET: £120,000 (Sold on 16 Jan 2023)
    • The first recorded sale happened at this postcode is 28 WATT STREET: £67,000 (Sold on 08 Sep 2011)
  • Other
    • The average price is around £77,000 median price is £79,000 Standard Deviation is £22,293 with Total Sold: 4
    • The Last 5 Year average price is £98,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 27 WATT STREET: £100,000 (Sold on 02 Aug 2018)
    • The first recorded sale happened at this postcode is 43 WATT STREET: £98,000 (Sold on 06 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average NE8 4TU 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£71,500 £1,128 1
2017£54,000 £1,011 3
2016£35,000 £614 1
2012£58,000 £930 1
2011£48,500 £765 1
2007£78,900 £1,437 6
2006£64,9501
2005£67,500 £1,205 1
2004£60,612 £1,118 4
2003£48,667 £794 3
2002£19,125 £386 2
2001£23,790 £411 5
2000£19,950 £363 1
1999£24,500 £445 1
1998£23,500 £443 1
1997£25,950 £405 1
1996£20,812 £334 4
1995£21,600 £275 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£120,000 £2,449 1
2022£83,000 £1,404 1
2019£90,000 £714 1
2011£67,000 £1,134 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£100,000 £1,786 1
2017£60,000 £1,017 1
2016£50,000 £893 1
2023£98,000 £1,925 1

All the Sales in the WATT STREET, NE8 4TU

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

AddressSold DatePrice% Change
44 WATT STREETFlat, LeaseholdArea: 63.4 Sq.mtrAge: 1900-192912 May 2023£71,50047.42%
05 May 2011£48,500First Sale
34 WATT STREETTerraced, FreeholdArea: 49 Sq.mtrAge: 1900-192916 Jan 2023£120,000First Sale
28 WATT STREETTerraced, LeaseholdArea: 59.1 Sq.mtrAge: before 190019 Dec 2022£83,00023.88%
08 Sep 2011£67,000First Sale
30 - 32 WATT STREETTerraced, FreeholdArea: 126 Sq.mtrAge: 1900-192925 Jan 2019£90,000First Sale
27 WATT STREETOther, FreeholdArea: 56 Sq.mtrAge: 1930-194902 Aug 2018£100,000First Sale
31 WATT STREETFlat, LeaseholdArea: 48 Sq.mtrAge: 1950-196606 Dec 2017£39,999First Sale
2 WATT STREETFlat, LeaseholdArea: 57 Sq.mtrAge: 1900-192907 Jul 2017£60,00071.43%
18 Oct 2016£35,000First Sale
4 WATT STREETOther, FreeholdArea: 59 Sq.mtrAge: 1900-192907 Jul 2017£60,000First Sale
25 WATT STREETFlat, LeaseholdArea: 54 Sq.mtrAge: 1930-194919 May 2017£62,000-26.80%
12 Jan 2007£84,70041.28%
21 May 2004£59,950219.73%
27 Sep 2002£18,750First Sale
33 WATT STREETOther, LeaseholdArea: 56 Sq.mtrAge: 1930-194915 Nov 2016£50,000-25.93%
25 Feb 2005£67,500First Sale
48 WATT STREETFlat, LeaseholdArea: 62.37 Sq.mtrAge: 1900-192913 Aug 2012£58,00023.40%
29 Aug 2003£47,00088.00%
27 Jul 2001£25,000First Sale
5 WATT STREETFlat, FreeholdArea: 54 Sq.mtrAge: before 190022 Oct 2007£72,00012.50%
19 Nov 2004£64,000First Sale
3 WATT STREETFlat, LeaseholdArea: 57.3 Sq.mtrAge: 1930-194922 Oct 2007£72,000227.27%
17 Aug 2001£22,000First Sale
41 WATT STREETFlat, FreeholdArea: 60 Sq.mtrAge: 1930-194923 Jan 2007£80,000First Sale
39 WATT STREETFlat, LeaseholdArea: 62 Sq.mtrAge: 1950-196623 Jan 2007£80,000220.64%
07 Sep 2001£24,950-0.20%
26 Sep 1996£25,000First Sale
23 WATT STREETFlat, FreeholdArea: 44 Sq.mtrAge: 1930-194912 Jan 2007£84,700334.36%
12 Dec 2002£19,500First Sale
6 WATT STREETFlat, Leasehold27 Jan 2006£64,950First Sale
7 WATT STREETFlat, Leasehold11 Jun 2004£75,000284.62%
23 Aug 1996£19,500First Sale
21 WATT STREETFlat, Leasehold16 Jan 2004£43,50061.41%
30 Mar 1995£26,950First Sale
40 WATT STREETFlat, LeaseholdArea: 63 Sq.mtrAge: 1900-192903 Oct 2003£52,000First Sale
38 WATT STREETFlat, LeaseholdArea: 58 Sq.mtrAge: 1900-192910 Sep 2003£47,000First Sale
11 WATT STREETFlat, LeaseholdArea: 53 Sq.mtrAge: 1930-194930 Nov 2001£23,5000.0
29 May 1998£23,500First Sale
19 WATT STREETFlat, LeaseholdArea: 55 Sq.mtrAge: 1930-194909 Feb 2001£23,50017.79%
31 Mar 2000£19,950First Sale
46 WATT STREETFlat, LeaseholdArea: 55 Sq.mtrAge: 1900-192920 Aug 1999£24,500First Sale
9 WATT STREETFlat, LeaseholdArea: 64 Sq.mtrAge: 1930-194922 Oct 1997£25,9501.76%
02 Aug 1996£25,500First Sale
16 WATT STREETFlat, LeaseholdArea: 66 Sq.mtrAge: 1900-192915 Mar 1996£13,250First Sale
14 WATT STREETFlat, LeaseholdArea: 59 Sq.mtrAge: 1900-192931 Mar 1995£16,250First Sale
43 WATT STREETOther, FreeholdArea: 50.9 Sq.mtrAge: 1930-194906 Dec 2023£98,000First Sale

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

WATT STREET, NE8 4TU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £91,129 median price is £82,500 Standard Deviation is £56,922 with Total Sold: 1,160
    • The Last 5 Year average price is £141,202 with Total Sold: 176
    • The most recent sale happened at this postcode is , 251 WHITEHALL ROAD: £150,000 (Sold on 30 Aug 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 £101,434 median price is £99,000 Standard Deviation is £50,208 with Total Sold: 404
    • The Last 5 Year average price is £153,503 with Total Sold: 91
    • 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 £53,653 median price is £55,000 Standard Deviation is £29,614 with Total Sold: 2,428
    • The Last 5 Year average price is £78,009 with Total Sold: 255
    • The most recent sale happened at this postcode is , 321 WHITEHALL ROAD: £79,000 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is , 5 TREVETHICK STREET: £17,750 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £392,893 median price is £87,000 Standard Deviation is £1,698,056 with Total Sold: 103
    • The Last 5 Year average price is £216,489 with Total Sold: 64
    • 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 , BOOKER CASH & CARRY FIRST AVENUE: £2,700,000 (Sold on 24 Jul 2013)
  • Detached
    • The average price is around £177,916 median price is £186,000 Standard Deviation is £65,096 with Total Sold: 39
    • 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 , 353 RAWLING ROAD: £57,000 (Sold on 01 Apr 1999)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,875 £1,367 18
2023£146,688 £1,448 38
2022£139,320 £1,526 39
2021£133,514 £1,310 35
2020£138,281 £1,333 22
2019£142,208 £1,262 24
2018£134,942 £1,351 49
2017£134,758 £1,244 35
2016£136,989 £1,303 75
2015£119,516 £1,102 20
2014£113,864 £1,135 21
2013£107,724 £1,156 17
2012£111,924 £1,098 19
2011£89,600 £1,064 22
2010£103,610 £1,138 29
2009£93,313 £910 15
2008£97,186 £1,103 33
2007£131,208 £1,372 44
2006£113,028 £1,191 53
2005£93,873 £1,100 53
2004£77,593 £1,091 96
2003£60,727 £725 94
2002£40,484 £454 82
2001£35,988 £399 57
2000£34,255 £321 38
1999£33,406 £327 39
1998£32,585 £323 20
1997£31,348 £314 25
1996£34,061 £364 31
1995£33,532 £290 17
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£147,6754
2023£156,091 £1,746 11
2022£168,125 £1,919 14
2021£163,166 £1,573 18
2020£137,344 £1,549 30
2019£160,714 £1,711 14
2018£114,150 £1,306 12
2017£112,951 £1,446 12
2016£129,577 £1,418 13
2015£96,663 £1,251 15
2014£101,605 £1,437 10
2013£99,278 £1,206 9
2012£99,770 £1,204 10
2011£89,460 £1,085 5
2010£98,986 £1,168 7
2009£111,828 £1,280 9
2008£110,331 £1,245 13
2007£121,756 £1,482 27
2006£111,645 £1,528 20
2005£101,875 £1,388 12
2004£89,930 £1,240 31
2003£75,082 £856 17
2002£49,144 £694 12
2001£41,705 £532 11
2000£43,441 £414 11
1999£45,083 £592 12
1998£41,521 £452 14
1997£43,772 £538 9
1996£36,176 £445 12
1995£37,895 £483 10
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£75,333 £1,087 9
2023£75,442 £1,132 55
2022£82,988 £1,179 77
2021£79,372 £1,112 51
2020£75,141 £1,000 27
2019£72,171 £971 36
2018£72,940 £975 39
2017£67,979 £914 63
2016£67,785 £974 33
2015£65,565 £883 51
2014£66,439 £931 41
2013£65,531 £982 29
2012£60,268 £872 23
2011£60,374 £876 35
2010£65,435 £1,061 34
2009£69,114 £1,142 32
2008£77,766 £1,085 83
2007£83,741 £1,237 204
2006£72,243 £1,049 164
2005£64,645 £931 217
2004£56,362 £817 264
2003£36,979 £549 199
2002£24,293 £369 132
2001£19,690 £307 82
2000£18,447 £262 82
1999£18,212 £271 72
1998£18,613 £271 78
1997£20,059 £323 81
1996£19,817 £300 69
1995£20,736 £311 66
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£135,000 £1,776 1
2023£163,222 £1,548 20
2022£101,346 £1,443 14
2021£93,942 £1,252 13
2020£695,325 £953 10
2019£143,750 £733 6
2018£85,142 £1,034 10
2017£1,703,150 £1,442 10
2016£157,365 £912 13
2015£257,5002
2014£1,705,000 £1,618 2
2013£1,379,500 £967 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
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£131,000 £1,679 1
2015£94,000 £1,205 1
2013£235,000 £1,199 1
2010£179,975 £2,049 2
2006£211,667 £1,493 3
2005£249,950 £1,644 1
2004£182,665 £1,160 3
2003£59,5002
2002£102,000 £919 2
1999£94,983 £511 3

House Type in NE8 4TU area

The most common house types in the NE8 4TU postcode area are Flat (65), Shared house (22), and Terraced (20).

Total128
Flat65
Shared house22
Terraced20
Semi-detached11
Detached7
converted building3
commercial 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 (69), and Owned: Owns outright (24).

Private rented: Private landlord or letting agency69
Owned: Owns outright24
Owned: Owns with a mortgage or loan23
Social rented: Other social rented6
Social rented: Rents from council or Local Authority3
Lives rent free2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the NE8 4TU have 1 person in household (63), and 2 people in household (36).

1 person in household63
2 people in household36
3 people in household16
4 people in household9
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0