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House Prices in NE11 House Prices in NE11 (Gateshead)

The average house price in NE11 (Gateshead) is £230,664 using HM Land Registry data.

The average property price increased by £31,803 (20.04%) over the last 5 years and increased by £6,371 (3.15%) over the last 12 months.

Over the last year, there were 141 residential property sales – a decrease of 52 transactions (-36.88%) relative to the previous year. The majority of house sales (34) were in the £126,000 - £162,000 range. Then came properties in the £162,000 - £198,000 range, where 32 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 138 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,602 (-2%).

In January 2025, there were 34 new estate agency instructions, 32 agreed home sales and 21 property price reductions.

Nearby Postcodes: , CA6, CA8, CA9, DH1, DH2, DH3, DH7, DH8, DH9, DH97, DH98, DH99, DL13, NE1, NE10, NE15, NE16, NE17, NE18, NE19, NE2, NE20, NE21, NE3, NE37, NE39, NE4, NE40, NE41, NE42, NE43, NE44, NE45, NE46, NE47, NE48, NE49, NE5, NE6, NE8, NE82, NE83, NE85, NE88, NE9, NE99, TD8, TD9

5-Year Average Property Prices in NE11 (Gateshead)

20.04%

Property prices in NE11 (Gateshead) increased by 20.04% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NE11 (Gateshead) Over the Last Year

3.15%

Property prices in NE11 (Gateshead) increased by 3.15% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for NE11 (Gateshead) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NE11 (Gateshead)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NE11 (Gateshead)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NE11 (Gateshead)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NE11 (Gateshead) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE11 postcode area since 1995.

Recent Sales in NE11 (Gateshead)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
41 Beech Drive, Gateshead, Tyne And Wear, NE11 9PD£135,000£127,500-£7,50021 Mar 202419 Dec 2024273 Days
5 Victoria Street, Gateshead, Tyne And Wear, NE11 9AX£105,000£97,500-£7,50018 Sep 202418 Dec 202491 Days
13 Heath Close, Gateshead, Tyne And Wear, NE11 9TF£170,000£165,000-£5,00002 Oct 202416 Dec 202475 Days
15 Dryburgh, Gateshead, Tyne And Wear, NE11 9FP£425,000£405,000-£20,00030 Jun 202412 Dec 2024165 Days
7 Pinewood Gardens, Gateshead, Tyne And Wear, NE11 0DJ£165,000£160,875-£4,12525 Sep 202409 Dec 202475 Days
2a, Oak Avenue, Gateshead, Tyne And Wear, NE11 9UQ£165,000£160,000-£5,00013 Jun 202425 Nov 2024165 Days
24 Swallow Tail Drive, Gateshead, Tyne And Wear, NE11 9TG£190,000£185,000-£5,00026 Jun 202425 Nov 2024152 Days
30 Monkridge Gardens, Gateshead, Tyne And Wear, NE11 9XE£179,950£170,000-£9,95028 Sep 201215 Nov 20244431 Days
15 Larchwood Gardens, Gateshead, Tyne And Wear, NE11 0DT£130,000£120,000-£10,00001 Aug 202415 Nov 2024106 Days
35 Cheviot Gardens, Gateshead, Tyne And Wear, NE11 9LQ£160,000£155,000-£5,00015 Aug 202408 Nov 202485 Days
65 Oakfield Road, Gateshead, Tyne And Wear, NE11 0AD£190,000£180,000-£10,00015 May 202401 Nov 2024170 Days
22 Knoll Rise, Gateshead, Tyne And Wear, NE11 9QQ£220,000£217,000-£3,00002 Sep 202401 Nov 202460 Days
6 Mitford Gardens, Gateshead, Tyne And Wear, NE11 0BA£135,000£135,000£015 Jun 202401 Nov 2024139 Days
34 Redesdale Gardens, Gateshead, Tyne And Wear, NE11 9XH£230,000£225,000-£5,00021 May 202430 Oct 2024162 Days
49 Woodburn Gardens, Dunston, Gateshead, Tyne And Wear, NE11 9RT£160,000£160,000£027 Jun 202425 Oct 2024120 Days
17 Percy Gardens, Gateshead, Tyne And Wear, NE11 9RY£265,000£265,000£027 Apr 202425 Oct 2024181 Days
4 Woodside Gardens, Gateshead, Tyne And Wear, NE11 9RB£240,000£235,000-£5,00023 Mar 202424 Oct 2024215 Days
32 Barry Street, Dunston, Gateshead, Tyne And Wear, NE11 9AS£140,000£137,000-£3,00022 Apr 202423 Oct 2024184 Days
192 Rothbury Gardens, Gateshead, Tyne And Wear, NE11 0AX£150,000£150,000£014 Jun 202414 Oct 2024122 Days
63a, Wellington Road, Gateshead, Tyne And Wear, NE11 9HD£125,000£67,510-£57,49011 Feb 201921 Aug 20242018 Days

Most Expensive Streets in NE11 (Gateshead)

PostcodeStreetAreaAverageNo. of Sales
NE11 9QHWhickham HighwayGateshead£378,3333
NE11 9NDGrayling RoadGateshead£338,3336
NE11 9PTGibside CourtGateshead£333,3333
NE11 9QEPark AvenueGateshead£294,0836
NE11 0AGSimonside Walk, Lobley HillGateshead£291,6005
NE11 9DLMansion HeightsGateshead£289,14214
NE11 9DAMansion HeightsGateshead£285,2504
NE11 9QADunston BankGateshead£273,7515
NE11 9PZHexham CourtGateshead£272,5166
NE11 9PWFinchale CloseGateshead£249,7504

Least Expensive Streets in NE11 (Gateshead)

PostcodeStreetAreaAverageNo. of Sales
NE11 9NRWynyard StreetGateshead£68,8005
NE11 9HABaker Gardens, DunstonGateshead£70,60210
NE11 9UROak AvenueGateshead£73,5783
NE11 9HEWellington RoadGateshead£74,0006
NE11 9EXKelvin GardensGateshead£78,3624
NE11 9PPMeadow LaneGateshead£79,3507
NE11 9BBClephan StreetGateshead£79,5003
NE11 9HDWellington RoadGateshead£80,0024
NE11 9ADRavensworth RoadGateshead£80,4449
NE11 9EEDunston RoadGateshead£92,4005

Explore NE11 (Gateshead) using map

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