2, Rectory Place - NE8 1XN
Key Building Insights
2, Rectory Place is a residential building situated on Rectory Place, Gateshead, NE8 with 2 addresses.
It ranks as the 73rd largest and 60th most expensive of the 431 buildings in the NE8 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £78,151
- 10 Year change
- up 13.3%
- Ave. Rental Price
- £661pcm
- 10 Year change
- up 43.7%
- Ave. £ per ft²
- £103/ft²
- Ave. Gross Yield
- 10.1%/year/yr
Key Building Insights
2, Rectory Place is a residential building situated on Rectory Place, Gateshead, NE8 with 2 addresses.
It ranks as the 73rd largest and 60th most expensive of the 431 buildings in the NE8 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £78,151
- 10 Year change
- up 13.3%
- Ave. Rental Price
- £661pcm
- 10 Year change
- up 43.7%
- Ave. £ per ft²
- £103/ft²
- Ave. Gross Yield
- 10.1%/year/yr
Explore Propertieson Rectory Place, Gateshead, NE8
Sales Market Trends
The last sale in 2, Rectory Place sold for £60,000 on 1st February 2024. Since then prices are up an average of 14.8%.
The current average value in the building is £78,151.
The 2, Rectory Place Sales Market has increased by 13.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.7% | £78,151 |
| June 2025 | 0.3% | £77,585 |
| June 2024 | 1.8% | £77,376 |
| June 2023 | 2.4% | £76,042 |
| June 2022 | 4.4% | £74,294 |
| June 2021 | 2.1% | £71,173 |
| June 2020 | 0.8% | £69,700 |
| June 2019 | -1.3% | £69,156 |
| June 2018 | 2.5% | £70,080 |
| June 2017 | -0.9% | £68,387 |
| June 2016 | -0.3% | £68,989 |
| June 2015 | 0.2% | £69,204 |
| June 2014 | 0.9% | £69,053 |
| June 2013 | 1% | £68,446 |
| June 2012 | -2.6% | £67,735 |
| June 2011 | -4.9% | £69,555 |
| June 2010 | -0.1% | £73,130 |
| June 2009 | -11.9% | £73,191 |
| June 2008 | -3.6% | £83,106 |
| June 2007 | 0% | £86,202 |
Rental Market Trends
The current average rental value in the building is £661.
The 2, Rectory Place Rental Market has increased by 43.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £661pcm |
| June 2025 | 4.4% | £642pcm |
| June 2024 | 9.8% | £615pcm |
| June 2023 | 6.4% | £560pcm |
| June 2022 | 9.6% | £526pcm |
| June 2021 | 3.7% | £480pcm |
| June 2020 | 2.8% | £463pcm |
| June 2019 | -0.9% | £450pcm |
| June 2018 | -0.2% | £454pcm |
| June 2017 | -1% | £455pcm |
| June 2016 | -0.5% | £460pcm |
| June 2015 | -0.5% | £462pcm |
| June 2014 | 0.4% | £465pcm |
| June 2013 | -1.3% | £462pcm |
| June 2012 | -1.5% | £469pcm |
| June 2011 | 0.9% | £476pcm |
| June 2010 | -0.4% | £471pcm |
| June 2009 | -5.8% | £473pcm |
| June 2008 | 0.8% | £502pcm |
| June 2007 | 0% | £499pcm |
Sales History
The last sale was on 1st February 2024 for £60,000 and since then the market in the area has increased by 14.8%. The building has had a total of 2 sales since 1995.
2, Rectory Place, Gateshead, NE8 1XN has seen 1 sale in the last three years and no sales in the last twelve months.
Property Types
- 2 period flats built between 1800 and 1911
- period flat (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Dec 2017£138,000 | 3 Bed House17, Rectory Place, Gateshead, NE8 1XN17, Rectory Place, Gateshead, NE8 1XN
- Sold Apr 2024£135,000 | 2 Bed Flat27, Rectory Place, Gateshead, NE8 1XN27, Rectory Place, Gateshead, NE8 1XN
- Sold Jan 2018£132,950 | 4 Bed House11, Rectory Place, Gateshead, NE8 1XN11, Rectory Place, Gateshead, NE8 1XN
Schools Nearby
- Brighton Avenue Primary School300 m away
- Caedmon Community Primary School600 m away
- St Aidan's Church of England Primary School600 m away
- North East Futures UTC1.3 km away
- Kingsmeadow Community School2.6 km away
- Grace College2.9 km away
More reading links
Public Transport Nearby
The closest station to 2, Rectory Place, Gateshead, NE8 1XN is Newcastle station, which is 1.5 kilometres away.
- Newcastle|1.5 km away
- Dunston|1.9 km away
- Manors|2.1 km away
- MetroCentre|3.4 km away
