Gateshead House Prices 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.

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 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

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
6 Longrigg, Gateshead, Tyne And Wear, NE10 8PH£145,000£145,000£018 Sep 202418 Feb 2025153 Days
127 Redgrave Close, Gateshead, Tyne And Wear, NE8 3JT£95,000£95,000£023 Aug 202414 Feb 2025175 Days
209 Dryden Road, Gateshead, Tyne And Wear, NE9 5DA£300,000£290,000-£10,00029 Jul 202407 Feb 2025193 Days
90 Moorfoot Gardens, Gateshead, Tyne And Wear, NE11 9LB£110,000£108,000-£2,00002 Oct 202407 Feb 2025128 Days
306 Victoria Road, Gateshead, Tyne And Wear, NE8 4XT£120,000£110,000-£10,00020 Aug 202407 Feb 2025171 Days
27 Troutbeck Gardens, Gateshead, Tyne And Wear, NE9 6PU£160,000£160,000£015 Nov 202431 Jan 202577 Days
77 Mountside Gardens, Gateshead, Tyne And Wear, NE11 9QD£350,000£340,000-£10,00031 Oct 202431 Jan 202592 Days
20a, Manor Gardens, Gateshead, Tyne And Wear, NE10 8UZ£240,000£240,000£008 May 202431 Jan 2025268 Days
30 Queen Victoria Street, Gateshead, Tyne And Wear, NE10 0QN£175,000£165,000-£10,00021 Aug 202431 Jan 2025163 Days
12 St Thomas Street, Gateshead, Tyne And Wear, NE9 5XA£135,000£134,000-£1,00003 Sep 202427 Jan 2025146 Days
35 Village Heights, Gateshead, Tyne And Wear, NE8 1PW£140,000£135,000-£5,00029 Aug 202424 Jan 2025148 Days
1 Rosemount Avenue, Gateshead, Tyne And Wear, NE10 8EA£260,000£250,000-£10,00019 Jul 202424 Jan 2025189 Days
435 Lobley Hill Road, Gateshead, Tyne And Wear, NE11 0BT£275,000£265,000-£10,00030 Jul 202420 Jan 2025174 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
14 Birch Avenue, Gateshead, Tyne And Wear, NE10 8UX£250,000£240,000-£10,00001 Oct 202415 Jan 2025106 Days
201 Redgrave Close, Gateshead, Tyne And Wear, NE8 3JT£110,000£110,000£002 Oct 202413 Jan 2025103 Days
5 Stratford Gardens, Gateshead, Tyne And Wear, NE9 5HE£289,950£285,000-£4,95008 Aug 202407 Jan 2025152 Days
25 Sunderland Road Villas, Gateshead, Tyne And Wear, NE10 8HB£309,950£308,000-£1,95002 Aug 202407 Jan 2025158 Days

Most Expensive Streets in Gateshead

PostcodeStreetAreaAverageNo. of Sales
NE9 6DECarlton TerraceLow Fell£615,0003
NE9 5ASHeathfield PlaceLow Fell£488,5397
NE9 7TADurham RoadLow Fell£486,2504
NE9 5DJValley DriveLow Fell£475,2003
NE9 5EZWhinney HouseDurham Road£474,3805
NE9 6ADDeneside AvenueLow Fell£457,0003
NE9 5HTKells LaneLow Fell£450,8333
NE9 5DNWestover GardensLow Fell£445,0004
NE9 5TAMusgrave RoadLow Fell£420,3333
NE9 5BELimetrees GardensLow Fell£419,6336

Least Expensive Streets in Gateshead

PostcodeStreetAreaAverageNo. of Sales
NE9 6LZBlock 1 To 126Stretford Court£33,9163
NE9 7JFBlock 1 To 126Willerby Court£46,3333
NE10 0NQRidley TerraceHeworth£47,4795
NE10 9QUStainton DriveFelling Central£51,6663
NE10 8AJWardley CourtWardley£52,9833
NE8 1QEHillfield StreetBensham£55,6663
NE9 5UGThe FellsSalkeld Road£55,8336
NE8 3PTBayfield GardensSunderland Road£56,8333
NE8 4QSRawling RoadBensham£57,2005
NE8 1XTBensham AvenueBensham£57,9503

Explore Gateshead and Neighbouring Area House Prices

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