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House Prices in NE8 House Prices in NE8 (Gateshead)

The average house price in NE8 (Gateshead) is £150,545 using HM Land Registry data.

The average property price increased by £14,956 (11.3%) over the last 5 years and increased by £2,989 (1.89%) over the last 12 months.

Over the last year, there were 277 residential property sales – a decrease of 141 transactions (-50.90%) relative to the previous year. The majority of house sales (55) were in the £134,000 - £166,000 range. Then came properties in the £166,000 - £198,000 range, where 55 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,226 (-3%).

In May 2025, there were 74 new estate agency instructions, 46 agreed home sales and 22 property price reductions.

Nearby Postcodes: , CA6, CA8, CA9, DH2, DH3, DH8, DH9, DH98, DL13, NE1, NE10, NE11, NE12, NE13, NE15, NE16, NE17, NE18, NE19, NE2, NE20, NE21, NE22, NE23, NE24, NE27, NE28, NE3, NE31, NE32, NE36, NE37, NE39, NE4, NE40, NE41, NE42, NE43, NE44, NE45, NE46, NE47, NE48, NE49, NE5, NE6, NE61, NE62, NE63, NE64, NE65, NE66, NE67, NE68, NE69, NE7, NE70, NE71, NE82, NE83, NE85, NE88, NE9, NE99, TD15, TD5, TD8, TD9

5-Year Average Property Prices in NE8 (Gateshead)

11.3%

Property prices in NE8 (Gateshead) increased by 11.3% 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 NE8 (Gateshead) Over the Last Year

1.89%

Property prices in NE8 (Gateshead) increased by 1.89% 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 NE8 (Gateshead) - May 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 NE8 (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 NE8 (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 NE8 (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 NE8 (Gateshead) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE8 postcode area since 1995.

Recent Sales in NE8 (Gateshead)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
55 Bridges View, Gateshead, Tyne And Wear, NE8 1NZ£200,000£195,000-£5,00016 Oct 202421 Feb 2025128 Days
127 Redgrave Close, Gateshead, Tyne And Wear, NE8 3JT£95,000£95,000£023 Aug 202414 Feb 2025175 Days
306 Victoria Road, Gateshead, Tyne And Wear, NE8 4XT£120,000£110,000-£10,00020 Aug 202407 Feb 2025171 Days
35 Village Heights, Gateshead, Tyne And Wear, NE8 1PW£140,000£135,000-£5,00029 Aug 202424 Jan 2025148 Days
113 Rodsley Avenue, Gateshead, Tyne And Wear, NE8 4LA£80,000£79,400-£60030 Sep 202417 Jan 2025109 Days
21 Brighton Road, Gateshead, Tyne And Wear, NE8 1XQ£95,000£95,000£029 Apr 202417 Jan 2025263 Days
201 Redgrave Close, Gateshead, Tyne And Wear, NE8 3JT£110,000£110,000£002 Oct 202413 Jan 2025103 Days
73 Cemetery Road, Gateshead, Tyne And Wear, NE8 3HH£154,950£151,500-£3,45008 Aug 202419 Dec 2024133 Days
38 St Cuthberts Road, Gateshead, Tyne And Wear, NE8 2LX£219,950£215,500-£4,45014 Aug 202406 Dec 2024114 Days
291 Rectory Road, Gateshead, Tyne And Wear, NE8 4RS£125,000£122,000-£3,00025 Jul 202426 Nov 2024124 Days
62 Rayleigh Grove, Gateshead, Tyne And Wear, NE8 4QQ£159,950£157,950-£2,00023 Apr 202411 Nov 2024202 Days
150a, Whitehall Road, Gateshead, Tyne And Wear, NE8 1TP£115,000£105,000-£10,00030 Apr 202408 Nov 2024192 Days
93 Sanderson Villas, Gateshead, Tyne And Wear, NE8 3BU£90,000£90,000£031 Jul 202406 Nov 202498 Days
9 Bridges View, Gateshead, Tyne And Wear, NE8 1NZ£79,950£78,000-£1,95027 Aug 202425 Oct 202459 Days
11 Avon Street, Gateshead, Tyne And Wear, NE8 3SH£150,000£140,000-£10,00001 Jul 202415 Oct 2024106 Days
2 St Edmunds Road, Gateshead, Tyne And Wear, NE8 4AX£199,950£190,000-£9,95007 May 202416 Aug 2024101 Days
213 Westbourne Avenue, Gateshead, Tyne And Wear, NE8 4NR£200,000£195,000-£5,00022 Feb 202405 Aug 2024165 Days
52 Ellison Villas, Gateshead, Tyne And Wear, NE8 3RX£105,000£100,000-£5,00010 Apr 202401 Aug 2024113 Days
44 Edison Gardens, Gateshead, Tyne And Wear, NE8 4SE£100,000£99,500-£50030 Jan 202405 Jul 2024157 Days
80 Shipcote Terrace, Gateshead, Tyne And Wear, NE8 4AA£70,000£70,000£008 Jan 202417 Jun 2024161 Days

Most Expensive Streets in NE8 (Gateshead)

PostcodeStreetAreaAverageNo. of Sales
NE8 4EGCamborne Park, ShipcoteGateshead£291,6663
NE8 4JRDurham Road, Low FellGateshead£285,8124
NE8 4NEAvondale Terrace, BenshamGateshead£282,6663
NE8 4JSSaltwell View, BenshamGateshead£278,5265
NE8 4SPWest Park Road, BenshamGateshead£271,6663
NE8 1TLClaremont Place, BenshamGateshead£263,0655
NE8 1XABarrington Place, BenshamGateshead£259,3333
NE8 1TYBewick Road, BenshamGateshead£253,3333
NE8 1TUWindermere Street, BenshamGateshead£253,2005
NE8 4NTSaltwell View, BenshamGateshead£244,2577

Least Expensive Streets in NE8 (Gateshead)

PostcodeStreetAreaAverageNo. of Sales
NE8 1QEHillfield Street, BenshamGateshead£55,6663
NE8 3PTBayfield Gardens, Sunderland RoadGateshead£56,8333
NE8 4QSRawling Road, BenshamGateshead£57,2005
NE8 1XTBensham Avenue, BenshamGateshead£57,9503
NE8 4QBHyde Park Street, BenshamGateshead£58,3754
NE8 3PNMoore Street, Sunderland RoadGateshead£61,6663
NE8 4SLMaple Grove, BenshamGateshead£63,0405
NE8 3PQHowe Street, Sunderland RoadGateshead£63,7504
NE8 3PRKing Edward Street, Sunderland RoadGateshead£64,0008
NE8 4QXSaltwell Street, BenshamGateshead£64,0628

Explore NE8 (Gateshead) using map

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