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Gateshead House Prices

The average house price in Gateshead is £181,179 using HM Land Registry data.

The average property price increased by £16,368 (10.94%) over the last 5 years and increased by £3,272 (2.01%) over the last 12 months.

Over the last year, there were 1,010 residential property sales – a decrease of 270 transactions (-26.73%) relative to the previous year. The majority of house sales (289) were in the £122,000 - £164,000 range. Then came properties in the £80,000 - £122,000 range, where 215 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 49 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,784 (-2%).

In May 2025, there were 207 new estate agency instructions, 176 agreed home sales and 73 property price reductions.

5-Year Average Property Prices in Gateshead

10.94%

Property prices in Gateshead increased by 10.94% 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 Gateshead Over the Last Year

2.01%

Property prices in Gateshead increased by 2.01% 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.

Property Market Heat Gauge for 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 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 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 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 Gateshead since 1995

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

Recent Property Sales in Gateshead

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
55 Bridges View, Gateshead, Tyne And Wear, NE8 1NZ	£200,000	£195,000	-£5,000	16 Oct 2024	21 Feb 2025	128 Days
6 Longrigg, Gateshead, Tyne And Wear, NE10 8PH	£145,000	£145,000	£0	18 Sep 2024	18 Feb 2025	153 Days
127 Redgrave Close, Gateshead, Tyne And Wear, NE8 3JT	£95,000	£95,000	£0	23 Aug 2024	14 Feb 2025	175 Days
209 Dryden Road, Gateshead, Tyne And Wear, NE9 5DA	£300,000	£290,000	-£10,000	29 Jul 2024	07 Feb 2025	193 Days
90 Moorfoot Gardens, Gateshead, Tyne And Wear, NE11 9LB	£110,000	£108,000	-£2,000	02 Oct 2024	07 Feb 2025	128 Days
306 Victoria Road, Gateshead, Tyne And Wear, NE8 4XT	£120,000	£110,000	-£10,000	20 Aug 2024	07 Feb 2025	171 Days
27 Troutbeck Gardens, Gateshead, Tyne And Wear, NE9 6PU	£160,000	£160,000	£0	15 Nov 2024	31 Jan 2025	77 Days
77 Mountside Gardens, Gateshead, Tyne And Wear, NE11 9QD	£350,000	£340,000	-£10,000	31 Oct 2024	31 Jan 2025	92 Days
20a, Manor Gardens, Gateshead, Tyne And Wear, NE10 8UZ	£240,000	£240,000	£0	08 May 2024	31 Jan 2025	268 Days
30 Queen Victoria Street, Gateshead, Tyne And Wear, NE10 0QN	£175,000	£165,000	-£10,000	21 Aug 2024	31 Jan 2025	163 Days
12 St Thomas Street, Gateshead, Tyne And Wear, NE9 5XA	£135,000	£134,000	-£1,000	03 Sep 2024	27 Jan 2025	146 Days
35 Village Heights, Gateshead, Tyne And Wear, NE8 1PW	£140,000	£135,000	-£5,000	29 Aug 2024	24 Jan 2025	148 Days
1 Rosemount Avenue, Gateshead, Tyne And Wear, NE10 8EA	£260,000	£250,000	-£10,000	19 Jul 2024	24 Jan 2025	189 Days
435 Lobley Hill Road, Gateshead, Tyne And Wear, NE11 0BT	£275,000	£265,000	-£10,000	30 Jul 2024	20 Jan 2025	174 Days
113 Rodsley Avenue, Gateshead, Tyne And Wear, NE8 4LA	£80,000	£79,400	-£600	30 Sep 2024	17 Jan 2025	109 Days
21 Brighton Road, Gateshead, Tyne And Wear, NE8 1XQ	£95,000	£95,000	£0	29 Apr 2024	17 Jan 2025	263 Days
14 Birch Avenue, Gateshead, Tyne And Wear, NE10 8UX	£250,000	£240,000	-£10,000	01 Oct 2024	15 Jan 2025	106 Days
201 Redgrave Close, Gateshead, Tyne And Wear, NE8 3JT	£110,000	£110,000	£0	02 Oct 2024	13 Jan 2025	103 Days
5 Stratford Gardens, Gateshead, Tyne And Wear, NE9 5HE	£289,950	£285,000	-£4,950	08 Aug 2024	07 Jan 2025	152 Days
25 Sunderland Road Villas, Gateshead, Tyne And Wear, NE10 8HB	£309,950	£308,000	-£1,950	02 Aug 2024	07 Jan 2025	158 Days

Most Expensive Streets in Gateshead

Postcode	Street	Area	Average	No. of Sales
NE9 6DE	Carlton Terrace	Low Fell	£615,000	3
NE9 5AS	Heathfield Place	Low Fell	£488,539	7
NE9 7TA	Durham Road	Low Fell	£486,250	4
NE9 5DJ	Valley Drive	Low Fell	£475,200	3
NE9 5EZ	Whinney House	Durham Road	£474,380	5
NE9 6AD	Deneside Avenue	Low Fell	£457,000	3
NE9 5HT	Kells Lane	Low Fell	£450,833	3
NE9 5DN	Westover Gardens	Low Fell	£445,000	4
NE9 5TA	Musgrave Road	Low Fell	£420,333	3
NE9 5BE	Limetrees Gardens	Low Fell	£419,633	6

Least Expensive Streets in Gateshead

Postcode	Street	Area	Average	No. of Sales
NE9 6LZ	Block 1 To 126	Stretford Court	£33,916	3
NE9 7JF	Block 1 To 126	Willerby Court	£46,333	3
NE10 0NQ	Ridley Terrace	Heworth	£47,479	5
NE10 9QU	Stainton Drive	Felling Central	£51,666	3
NE10 8AJ	Wardley Court	Wardley	£52,983	3
NE8 1QE	Hillfield Street	Bensham	£55,666	3
NE9 5UG	The Fells	Salkeld Road	£55,833	6
NE8 3PT	Bayfield Gardens	Sunderland Road	£56,833	3
NE8 4QS	Rawling Road	Bensham	£57,200	5
NE8 1XT	Bensham Avenue	Bensham	£57,950	3