7, Princess Street - NE10 0QT
Key Building Insights
7, Princess Street is a residential building situated on Princess Street, Pelaw, Gateshead, NE10 with 2 addresses.
It ranks as the 105th largest and 52nd most expensive of the 235 buildings in the NE10 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
- £71,002
- 10 Year change
- up 17.3%
- Ave. Rental Price
- £583pcm
- 10 Year change
- up 42.8%
- Ave. £ per ft²
- £104/ft²
- Ave. Gross Yield
- 9.9%/year/yr
Key Building Insights
7, Princess Street is a residential building situated on Princess Street, Pelaw, Gateshead, NE10 with 2 addresses.
It ranks as the 105th largest and 52nd most expensive of the 235 buildings in the NE10 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
- £71,002
- 10 Year change
- up 17.3%
- Ave. Rental Price
- £583pcm
- 10 Year change
- up 42.8%
- Ave. £ per ft²
- £104/ft²
- Ave. Gross Yield
- 9.9%/year/yr
Explore Properties on Princess Street, Pelaw, Gateshead, NE10
- 7A Princess Street
2 Bed Period Flat
- 7 Princess Street
2 Bed Period Flat
Sales Market Trends
The last sale in 7, Princess Street sold for £98,000 on 18th December 2008. Since then prices are up an average of 10.9%.
The current average value in the building is £71,002.
The 7, Princess Street Sales Market has increased by 17.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £71,002 |
| June 2025 | 0.9% | £70,334 |
| June 2024 | 3% | £69,702 |
| June 2023 | 1.1% | £67,694 |
| June 2022 | 5.6% | £66,979 |
| June 2021 | 1.8% | £63,439 |
| June 2020 | 1.8% | £62,320 |
| June 2019 | 0.8% | £61,210 |
| June 2018 | -0.3% | £60,745 |
| June 2017 | 0.7% | £60,916 |
| June 2016 | 0.7% | £60,516 |
| June 2015 | -1.1% | £60,122 |
| June 2014 | 2.8% | £60,765 |
| June 2013 | -0.2% | £59,085 |
| June 2012 | -3.4% | £59,193 |
| June 2011 | -1% | £61,285 |
| June 2010 | -0.6% | £61,925 |
| June 2009 | -10.1% | £62,280 |
| June 2008 | -4.7% | £69,256 |
| June 2007 | 0% | £72,638 |
Rental Market Trends
The current average rental value in the building is £583.
The 7, Princess Street Rental Market has increased by 42.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £583pcm |
| June 2025 | 4% | £568pcm |
| June 2024 | 10% | £545pcm |
| June 2023 | 6.9% | £496pcm |
| June 2022 | 9% | £464pcm |
| June 2021 | 3.6% | £425pcm |
| June 2020 | 2.9% | £410pcm |
| June 2019 | -0.8% | £399pcm |
| June 2018 | -0.5% | £402pcm |
| June 2017 | -1% | £404pcm |
| June 2016 | -0.1% | £408pcm |
| June 2015 | -0.1% | £409pcm |
| June 2014 | 0.4% | £409pcm |
| June 2013 | -0.8% | £408pcm |
| June 2012 | -1.3% | £411pcm |
| June 2011 | 1.2% | £416pcm |
| June 2010 | -0.2% | £411pcm |
| June 2009 | -5.5% | £412pcm |
| June 2008 | 0.8% | £436pcm |
| June 2007 | 0% | £433pcm |
Sales History
The last recorded sale was on 18th December 2008 for £98,000 and since then the market in the area has increased by 10.9%.
7, Princess Street, Pelaw, Gateshead, NE10 0QT has had 3 sales since 1995, none of them in the last three years.
- Sold Dec 2008£98,000 | 2 Bed Flat7A, Princess Street, Gateshead, NE10 0QT7A, Princess Street, Gateshead, NE10 0QT
- Sold Dec 2008£95,000 | 2 Bed Flat7, Princess Street, Gateshead, NE10 0QT7, Princess Street, Gateshead, NE10 0QT
- Sold Apr 2008£122,000 | 2 Bed Flat7, Princess Street, Gateshead, NE10 0QT7, Princess Street, Gateshead, NE10 0QT
Property Types
- 2 period flats built between 1800 and 1911
- period flat (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold May 2006£124,000 | 2 Bed Flat19, Princess Street, Gateshead, NE10 0QT19, Princess Street, Gateshead, NE10 0QT
- Sold Apr 2008£122,000 | 2 Bed Flat7, Princess Street, Gateshead, NE10 0QT7, Princess Street, Gateshead, NE10 0QT
- Sold Dec 2008£98,000 | 2 Bed Flat7A, Princess Street, Gateshead, NE10 0QT7A, Princess Street, Gateshead, NE10 0QT
Schools Nearby
- St Alban's Catholic Primary School, Pelaw200 m away
- Wardley Primary School500 m away
- Bill Quay Primary School700 m away
- Heworth Grange School800 m away
- St Joseph's Catholic Academy1.6 km away
- XP Gateshead1.7 km away
More reading links
Public Transport Nearby
The closest station to 7, Princess Street, Pelaw, Gateshead, NE10 0QT is Heworth station, which is 700 metres away.
- Heworth|700 m away
- Manors|4.3 km away
- Newcastle|4.9 km away
- Dunston|6.1 km away
