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House Prices in NE10 House Prices in NE10 (Gateshead)

The average house price in NE10 (Gateshead) is £143,816 using HM Land Registry data.

The average property price increased by £21,889 (15.15%) over the last 5 years and increased by £4,386 (2.47%) over the last 12 months.

Over the last year, there were 261 residential property sales – a decrease of 62 transactions (-23.75%) relative to the previous year. The majority of house sales (68) were in the £108,000 - £136,000 range. Then came properties in the £136,000 - £164,000 range, where 58 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,695 (-2%).

In Oct 24, there were new estate agency instructions, agreed home sales and property price reductions.

Nearby Postcodes: , DH3, NE1, NE11, NE13, NE19, NE2, NE20, NE22, NE23, NE24, NE28, NE31, NE32, NE34, NE35, NE36, NE37, NE38, NE4, NE6, NE61, NE62, NE63, NE64, NE65, NE66, NE67, NE68, NE69, NE7, NE70, NE71, NE8, NE82, NE83, NE85, NE88, NE9, NE99, SR5, SR6, TD15, TD5, TD8

5-Year Average Property Prices in NE10 (Gateshead)

15.15%

Property prices in Gateshead increased by 15.15% 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 NE10 (Gateshead) Over the Last Year

2.47%

Property prices in Gateshead increased by 2.47% 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 NE10 (Gateshead) - Oct 24

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 NE10 (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 NE10 (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 NE10 (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 NE10 (Gateshead) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE10 postcode area since 1995.

Recent Sales in NE10 (Gateshead)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 East View Terrace, Gateshead, Tyne And Wear, NE10 9AS£150,000£142,500-£7,50013 Mar 202419 Aug 2024159 Days
14 Rosemount Avenue, Gateshead, Tyne And Wear, NE10 8EA£250,000£250,000£0001 Mar 202402 Aug 2024154 Days
1 Ell Dene Crescent, Gateshead, Tyne And Wear, NE10 9UN£100,000£100,000£0029 Jan 202422 Jul 2024175 Days
5 Slaley Close, Gateshead, Tyne And Wear, NE10 8TW£95,000£92,000-£3,00016 Jan 202408 Jul 2024174 Days
28 Kenmore Close, Gateshead, Tyne And Wear, NE10 8WJ£120,000£110,000-£10,00026 Feb 202424 Jun 2024119 Days
58 Planesway, Gateshead, Tyne And Wear, NE10 8LG£170,000£170,000£0015 Dec 202321 Jun 2024189 Days
1 Netherfarm Road, Gateshead, Tyne And Wear, NE10 0YR£250,000£250,000£0016 Jan 202421 Jun 2024157 Days
37 Parklands Way, Wardley, Gateshead, Tyne And Wear, NE10 8GA£230,000£230,000£0008 Mar 202431 May 202484 Days
117 Dykes Way, Gateshead, Tyne And Wear, NE10 8QN£120,000£120,000£0001 Feb 202424 May 2024113 Days
73 Wardley Drive, Gateshead, Tyne And Wear, NE10 8AH£210,000£200,000-£10,00016 Oct 202308 May 2024205 Days
5 Chesterwood Terrace, Gateshead, Tyne And Wear, NE10 0RU£169,950£168,000-£1,95010 Nov 202330 Apr 2024172 Days
7 Parklands Way, Wardley, Gateshead, Tyne And Wear, NE10 8GA£195,000£192,235-£2,76524 Oct 202326 Apr 2024185 Days
54 Coverdale, Gateshead, Tyne And Wear, NE10 8HU£129,950£129,000-£95005 Jan 202426 Apr 2024112 Days
40 Glanton Close, Gateshead, Tyne And Wear, NE10 8UH£195,000£185,000-£10,00015 Nov 202325 Apr 2024162 Days
26 Briardene Drive, Gateshead, Tyne And Wear, NE10 8AN£240,000£225,000-£15,00020 Sep 202319 Apr 2024212 Days
53 Kenmore Close, Gateshead, Tyne And Wear, NE10 8WJ£310,000£305,000-£5,00010 Oct 202317 Apr 2024190 Days
32 Parklands Court, Gateshead, Tyne And Wear, NE10 8YJ£159,950£158,500-£1,45019 Oct 202310 Apr 2024174 Days
13 Windyridge, Gateshead, Tyne And Wear, NE10 9DE£110,000£97,500-£12,50016 Aug 202305 Apr 2024233 Days
50 Seaton Close, Gateshead, Tyne And Wear, NE10 8SG£159,950£155,000-£4,95005 Sep 202302 Apr 2024210 Days
45 Seaton Close, Gateshead, Tyne And Wear, NE10 8SF£239,950£238,000-£1,95010 May 202302 Apr 2024328 Days

Most Expensive Streets in NE10 (Gateshead)

PostcodeStreetAreaAverageNo. of Sales
NE10 0NNSt Marys TerraceGateshead£321,6663
NE10 0PBHigh Heworth LaneGateshead£290,0003
NE10 8UEHaswell CloseGateshead£276,2445
NE10 0BZHarrison CloseGateshead£263,74128
NE10 0YRNetherfarm RoadGateshead£259,7503
NE10 8HBSunderland Road VillasGateshead£254,3754
NE10 0TBPlantation GroveGateshead£246,8754
NE10 8HHLaburnum AvenueGateshead£243,2498
NE10 9SFCheviot View, Windy NookGateshead£233,2416
NE10 0THBrunton WayGateshead£226,6503

Least Expensive Streets in NE10 (Gateshead)

PostcodeStreetAreaAverageNo. of Sales
NE10 0NQRidley TerraceGateshead£43,0994
NE10 9QUStainton DriveGateshead£51,6663
NE10 8AJWardley CourtGateshead£52,9833
NE10 9HESpringfield Terrace, FellingGateshead£61,3333
NE10 9UAWindsor Court, FellingGateshead£64,8577
NE10 9UDKensington Court, FellingGateshead£65,9287
NE10 9UBSandringham Court, FellingGateshead£68,4905
NE10 9HTWoodlands TerraceGateshead£69,2857
NE10 0QTPrincess Street, PelawGateshead£70,2624
NE10 9HQHewitson TerraceGateshead£72,1916

Explore NE10 (Gateshead) using map

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