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Property Price Trends
Saltwell Road, Gateshead
NE8 4TP Gateshead District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the NE8 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
NE8
Most Expensive Property
£345,000
C D L South Shore Road, NE8 3AE
Sold: 25 April 2018
Cheapest Property
£37,000
5 Whitehall Road, NE8 4EQ
Sold: 09 August 2023
£161,000
The average house price in Gateshead was £161,000 in November 2024 (provisional), up 3.3% from November 2023. This was lower than the rise in the North East (5.9%) over the same period.
£729
Private rents rose to an average of £729 in December 2024, an annual increase of 9.0% from £669 in December 2023. This was similar to the rise in the North East over the year.
£143,000
The average price paid by first-time buyers was £143,000 in November 2024 (provisional). This was 3.6% higher than the average of £138,000 in November 2023 (revised).
£166,000
For homes bought with a mortgage, the average house price was £166,000 in November 2024 (provisional). This was 3.3% higher than the average of £161,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (, E08000037). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in NE8 4TP?
The graph below shows the five-year capital growth figures for properties for the NE8 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in NE8 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Tyne and Wear?
Homebuyers
For homebuyers in Tyne and Wear, the property market offers a diverse range of options across different towns and postcode regions. In recent years, house prices in popular areas such as Newcastle upon Tyne (NE1, NE3, NE13) and Sunderland (SR1, SR6) have shown a steady increase, making them attractive investment opportunities. The average house price in Tyne and Wear is currently around £180,000, with prices varying depending on location and property type. Availability of homes in desirable areas can be limited, so buyers should be prepared to act quickly when they find a property that meets their criteria.
Renters
Rent prices in Tyne and Wear are relatively affordable compared to other UK regions, with the average monthly rent for a two-bedroom property being around £650. Popular rental areas include Gateshead (NE8, NE10) and South Shields (NE33, NE34), where demand for rental properties is high. The availability of rental homes in Tyne and Wear is generally good, with a range of options to suit different budgets and preferences. Renters looking for long-term accommodation should consider areas with good transport links and amenities.
Investors
For investors, the property market in Tyne and Wear offers potential for good returns, especially in up-and-coming areas such as Whitley Bay (NE26) and Jarrow (NE32). Rental yields in the region are competitive, with an average yield of around 5%. The demand for rental properties in Tyne and Wear is driven by a growing population and a strong rental market. Investors should conduct thorough research and work with local estate agents to identify profitable opportunities in the area.
Homebuyers
For homebuyers in Tyne and Wear, the property market offers a diverse range of options across different towns and postcode regions. In recent years, house prices in popular areas such as Newcastle upon Tyne (NE1, NE3, NE13) and Sunderland (SR1, SR6) have shown a steady increase, making them attractive investment opportunities. The average house price in Tyne and Wear is currently around £180,000, with prices varying depending on location and property type. Availability of homes in desirable areas can be limited, so buyers should be prepared to act quickly when they find a property that meets their criteria.
Renters
Rent prices in Tyne and Wear are relatively affordable compared to other UK regions, with the average monthly rent for a two-bedroom property being around £650. Popular rental areas include Gateshead (NE8, NE10) and South Shields (NE33, NE34), where demand for rental properties is high. The availability of rental homes in Tyne and Wear is generally good, with a range of options to suit different budgets and preferences. Renters looking for long-term accommodation should consider areas with good transport links and amenities.
Investors
For investors, the property market in Tyne and Wear offers potential for good returns, especially in up-and-coming areas such as Whitley Bay (NE26) and Jarrow (NE32). Rental yields in the region are competitive, with an average yield of around 5%. The demand for rental properties in Tyne and Wear is driven by a growing population and a strong rental market. Investors should conduct thorough research and work with local estate agents to identify profitable opportunities in the area.
Last updated on 30 Apr 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for NE8 4TP
Estimated yield for property investors
4.65%
Yield
The estimated yield for the NE8 4TP postcode area is 4.65%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in NE8 4TP?
The recently sold properties table lists homes around NE8 4TP that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 08 December 2023 | £270,000 | 12 Dunsmuir Grove, Gateshead, NE8 4AT | Detached | Freehold |
| 19 February 2024 | £205,000 | 194 Prince Consort Road, Gateshead, NE8 4DX | Flat/Maisonette | Freehold |
| 09 August 2023 | £37,000 | 5 Whitehall Road, Gateshead, NE8 4EQ | Flat/Maisonette | Leasehold |
| 24 November 2023 | £81,000 | 6 Camborne Grove, Gateshead, NE8 4EX | Flat/Maisonette | Leasehold |
| 29 November 2023 | £140,000 | 18 Exeter Street, Gateshead, NE8 4EY | Flat/Maisonette | Leasehold |
| 13 October 2023 | £157,500 | 4 St Albans Terrace, Gateshead, NE8 4HA | Terraced | Freehold |
| 02 November 2023 | £165,500 | 153 Avenue Road, Gateshead, NE8 4JH | Flat/Maisonette | Leasehold |
| 12 July 2022 | £77,500 | 5 Edendale Terrace, Gateshead, NE8 4JN | Flat/Maisonette | Freehold |
| 10 November 2023 | £86,000 | 84 Brinkburn Avenue, Gateshead, NE8 4JU | Flat/Maisonette | Leasehold |
| 07 March 2024 | £77,500 | 112 Rodsley Avenue, Gateshead, NE8 4LA | Terraced | Leasehold |
| 10 January 2023 | £100,000 | 174 Westbourne Avenue, Gateshead, NE8 4NQ | Flat/Maisonette | Leasehold |
| 07 February 2024 | £75,000 | 196 Westbourne Avenue, Gateshead, NE8 4NR | Flat/Maisonette | Leasehold |
| 15 July 2022 | £101,000 | 195 Windsor Avenue, Gateshead, NE8 4NY | Flat/Maisonette | Leasehold |
| 20 December 2023 | £88,000 | 242 Windsor Avenue, Gateshead, NE8 4PA | Flat/Maisonette | Leasehold |
| 28 July 2023 | £215,000 | 7 Kelvin Grove, Gateshead, NE8 4QN | Semi-Detached | Freehold |
| 02 November 2023 | £61,000 | 39 Saltwell Street, Gateshead, NE8 4QX | Terraced | Freehold |
| 02 November 2023 | £61,000 | 37 Saltwell Street, Gateshead, NE8 4QX | Flat/Maisonette | Leasehold |
| 22 February 2024 | £57,000 | 3 Miller Street, Gateshead, NE8 4RA | Flat/Maisonette | Leasehold |
| 01 March 2024 | £145,000 | 75 Fern Dene Road, Gateshead, NE8 4RT | Terraced | Freehold |
| 23 February 2024 | £80,000 | 88 Fern Dene Road, Gateshead, NE8 4RX | Flat/Maisonette | Leasehold |
| 14 November 2023 | £73,000 | 13 Macadam Street, Gateshead, NE8 4TS | Flat/Maisonette | Leasehold |
| 29 February 2024 | £180,000 | 9 Armstrong Street, Gateshead, NE8 4ZS | Terraced | Freehold |
Nearby sold properties | ||||
| 14 November 2023 | £140,000 | 14 Regent Terrace, Gateshead, NE8 1LU | Terraced | Freehold |
| 29 February 2024 | £225,000 | 37 Bridges View, Gateshead, NE8 1NZ | Terraced | Freehold |
| 18 August 2023 | £78,000 | 15 Hillfield Street, Gateshead, NE8 1QE | Other | Freehold |
| 08 February 2024 | £67,000 | 17 Claremont South Avenue, Gateshead, NE8 1RJ | Flat/Maisonette | Freehold |
| 27 October 2023 | £60,000 | 69 Woodbine Street, Gateshead, NE8 1ST | Flat/Maisonette | Leasehold |
| 01 February 2024 | £138,000 | 27 Overhill Terrace, Gateshead, NE8 1TD | Other | Freehold |
| 24 November 2023 | £85,000 | 95 97 Rectory Road, Gateshead, NE8 1XJ | Terraced | Freehold |
| 04 January 2022 | £112,500 | Worsdell House Apartment 9 Wellington Street, Gateshead, NE8 2AJ | Flat/Maisonette | Leasehold |
| 23 February 2024 | £147,000 | December Courtyard 26 Christmas Place, Dunston, Gateshead, NE8 2BS | Flat/Maisonette | Leasehold |
| 01 March 2024 | £123,488 | 11 Colombo Square, Gateshead, NE8 2DF | Flat/Maisonette | Leasehold |
| 21 December 2023 | £140,000 | 91 Colombo Square, Gateshead, NE8 2DF | Flat/Maisonette | Leasehold |
| 29 February 2024 | £212,500 | Ochre Mews 33 Raven Road, Gateshead, NE8 2FF | Flat/Maisonette | Leasehold |
| 29 February 2024 | £190,000 | April Courtyard 4 Shrove Pass, Gateshead, NE8 2GD | Terraced | Leasehold |
| 12 February 2024 | £100,000 | March Courtyard 5 Ash Street, Gateshead, NE8 2GF | Flat/Maisonette | Leasehold |
| 08 March 2024 | £112,000 | 59 Tyne View Place, Gateshead, NE8 2HR | Semi-Detached | Freehold |
| 01 March 2024 | £125,000 | 2 Watson Street, Gateshead, NE8 2PQ | Terraced | Freehold |
| 16 November 2023 | £164,500 | 2 Heritage Close, Gateshead, NE8 2PT | Detached | Freehold |
| 08 March 2024 | £92,000 | 18 Almond Crescent, Gateshead, NE8 2TE | Semi-Detached | Freehold |
| 25 April 2018 | £345,000 | C D L South Shore Road, Gateshead, NE8 3AE | Other | Leasehold |
| 28 November 2023 | £89,950 | 20 Sanderson Villas, Gateshead, NE8 3DD | Flat/Maisonette | Leasehold |
| 14 November 2023 | £157,000 | 23 St Vincent Court, Gateshead, NE8 3DZ | Semi-Detached | Leasehold |
| 26 January 2022 | £108,500 | 8 Fleetwood Way, Gateshead, NE8 3FD | Flat/Maisonette | Leasehold |
| 26 January 2022 | £108,500 | 8 Fleetwood Way, Gateshead, NE8 3FD | Flat/Maisonette | Leasehold |
| 02 November 2023 | £142,000 | 3 Walcher Grove, Gateshead, NE8 3FJ | Terraced | Freehold |
| 08 March 2024 | £76,000 | 8 Wordsworth Street, Gateshead, NE8 3HE | Terraced | Leasehold |
| 21 June 2023 | £162,500 | Chad House 25 Sunderland Road, Gateshead, NE8 3HX | Flat/Maisonette | Leasehold |
| 21 June 2023 | £162,500 | Chad House 35 Sunderland Road, Gateshead, NE8 3HX | Flat/Maisonette | Leasehold |
| 21 June 2023 | £162,500 | Chad House 45 Sunderland Road, Gateshead, NE8 3HX | Flat/Maisonette | Leasehold |
| 21 June 2023 | £162,500 | Chad House 65 Sunderland Road, Gateshead, NE8 3HX | Flat/Maisonette | Leasehold |
| 21 June 2023 | £162,500 | Chad House 75 Sunderland Road, Gateshead, NE8 3HX | Flat/Maisonette | Leasehold |
| 30 October 2023 | £130,000 | Chad House 50 Sunderland Road, Gateshead, NE8 3HX | Flat/Maisonette | Leasehold |
| 26 July 2023 | £130,000 | Chad House 81 Sunderland Road, Gateshead, NE8 3HX | Flat/Maisonette | Leasehold |
| 06 March 2023 | £95,000 | 105 Redgrave Close, Gateshead, NE8 3JD | Flat/Maisonette | Leasehold |
| 06 March 2023 | £95,000 | 105 Redgrave Close, Gateshead, NE8 3JD | Flat/Maisonette | Leasehold |
| 08 December 2023 | £91,000 | 68 Foster Drive, Gateshead, NE8 3JG | Flat/Maisonette | Leasehold |
| 24 November 2023 | £92,000 | 16 Ovett Gardens, Gateshead, NE8 3JH | Flat/Maisonette | Leasehold |
| 24 November 2023 | £92,000 | 16 Ovett Gardens, Gateshead, NE8 3JH | Flat/Maisonette | Leasehold |
| 01 December 2023 | £165,000 | 61 Chaucer Close, Gateshead, NE8 3NG | Semi-Detached | Freehold |
| 28 November 2023 | £48,000 | 40 Howe Street, Gateshead, NE8 3PP | Flat/Maisonette | Leasehold |
| 28 October 2022 | £73,000 | 45 Howe Street, Gateshead, NE8 3PQ | Other | Leasehold |
| 27 October 2023 | £97,000 | 370 Sunderland Road, Gateshead, NE8 3QP | Flat/Maisonette | Leasehold |
| 23 June 2023 | £125,000 | 428 Sunderland Road, Gateshead, NE8 3QR | Flat/Maisonette | Leasehold |
| 08 December 2023 | £98,500 | Baltic Quay 106 Mill Road, Gateshead, NE8 3QX | Flat/Maisonette | Leasehold |
| 23 February 2024 | £163,000 | Baltic Quay 137 Mill Road, Gateshead, NE8 3QY | Flat/Maisonette | Leasehold |
| 15 December 2023 | £87,160 | 143 Split Crow Road, Gateshead, NE8 3UA | Semi-Detached | Freehold |
Please note that house prices for properties sold in and around NE8 4TP during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
