Oakwood - NE10 8LU
Key Postcode Insights
NE10 8LU is a residential postcode situated on Oakwood, Gateshead, NE10 with 61 addresses.
It ranks as the 1466th largest and 507th most expensive of the 1,508 postcodes in the NE10 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 61 properties: 61 houses.
- Ave. Sale Price
- £117,084
- 10 Year change
- up 33.1%
- Ave. Rental Price
- £765pcm
- 10 Year change
- up 61.8%
- Ave. £ per ft²
- £165/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Key Postcode Insights
NE10 8LU is a residential postcode situated on Oakwood, Gateshead, NE10 with 61 addresses.
It ranks as the 1466th largest and 507th most expensive of the 1,508 postcodes in the NE10 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 61 properties: 61 houses.
- Ave. Sale Price
- £117,084
- 10 Year change
- up 33.1%
- Ave. Rental Price
- £765pcm
- 10 Year change
- up 61.8%
- Ave. £ per ft²
- £165/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Sales Market Trends
The last sale in NE10 8LU sold for £133,000 on 21st February 2025. Since then prices are up an average of 3.5%.
The current average value in the postcode is £117,084.
The NE10 8LU Sales Market has increased by 33.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £117,084 |
| June 2025 | 2% | £115,317 |
| June 2024 | 2.5% | £113,081 |
| June 2023 | 2.2% | £110,304 |
| June 2022 | 8.6% | £107,963 |
| June 2021 | 4.2% | £99,379 |
| June 2020 | 1.9% | £95,402 |
| June 2019 | 2.7% | £93,643 |
| June 2018 | 0.4% | £91,194 |
| June 2017 | 3.3% | £90,863 |
| June 2016 | 1.4% | £87,958 |
| June 2015 | -0.4% | £86,767 |
| June 2014 | 4% | £87,129 |
| June 2013 | 0.3% | £83,769 |
| June 2012 | -2.9% | £83,546 |
| June 2011 | -0.1% | £86,016 |
| June 2010 | 0.7% | £86,123 |
| June 2009 | -9.1% | £85,511 |
| June 2008 | -3.2% | £94,119 |
| June 2007 | 0% | £97,253 |
Rental Market Trends
The current average rental value in the postcode is £765.
The NE10 8LU Rental Market has increased by 61.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £765pcm |
| June 2025 | 5.4% | £739pcm |
| June 2024 | 9.4% | £701pcm |
| June 2023 | 7.9% | £641pcm |
| June 2022 | 12.1% | £594pcm |
| June 2021 | 5.8% | £530pcm |
| June 2020 | 3.4% | £501pcm |
| June 2019 | 0.3% | £485pcm |
| June 2018 | 1.1% | £483pcm |
| June 2017 | 1% | £478pcm |
| June 2016 | 0.4% | £473pcm |
| June 2015 | 0.9% | £471pcm |
| June 2014 | 1.3% | £467pcm |
| June 2013 | -0.1% | £461pcm |
| June 2012 | -1.1% | £461pcm |
| June 2011 | 1.5% | £466pcm |
| June 2010 | 1.6% | £459pcm |
| June 2009 | -5.1% | £452pcm |
| June 2008 | 2.2% | £477pcm |
| June 2007 | 0% | £467pcm |
Sales History
The last sale was on 21st February 2025 for £133,000 and since then the market in the area has increased by 3.5%. The postcode has had a total of 30 sales since 1995.
NE10 8LU has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2025£133,000 | 3 Bed House24, Oakwood, Gateshead, NE10 8LU24, Oakwood, Gateshead, NE10 8LU
- Sold Oct 2021£120,000 | 3 Bed House22, Oakwood, Gateshead, NE10 8LU22, Oakwood, Gateshead, NE10 8LU
- Sold Aug 2019£87,750 | 3 Bed House4, Oakwood, Gateshead, NE10 8LU4, Oakwood, Gateshead, NE10 8LU
- Sold Jun 2016£88,000 | 3 Bed House24, Oakwood, Gateshead, NE10 8LU24, Oakwood, Gateshead, NE10 8LU
- Sold Jun 2016£97,026 | 3 Bed House29, Oakwood, Gateshead, NE10 8LU29, Oakwood, Gateshead, NE10 8LU
Nearby Postcodes
NE10 8LU is the 1466th largest and the 507th most expensive postcode out of the 1,508 postcodes in the NE10 area.
- NE10 8LS, Staneway, Gateshead, NE10NE10 8LS59 Addresses|81 m away
- NE10 8LQ, Hawksfeld, Gateshead, NE10NE10 8LQ26 Addresses|82 m away
- NE10 8LP, Pontdyke, Gateshead, NE10NE10 8LP21 Addresses|143 m away
- NE10 8LX, Oakwood, Gateshead, NE10NE10 8LX26 Addresses|151 m away
- NE10 8ND, Wallinfen, Gateshead, NE10NE10 8ND28 Addresses|151 m away
Property Types
- 1 modern house built after 1980
- 40 mid-century houses built between 1936 and 1979
- 20 other addresses of unknown type
- modern house (1)
- mid-century house (40)
- Unknown (20)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 41 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (17)
- G (0)
- D (22)
- No EPC (20)
Top 3 Most Expensive Sales
- Sold Aug 2024£180,000 | 3 Bed House92, Oakwood, Gateshead, NE10 8LW92, Oakwood, Gateshead, NE10 8LW
- Sold Nov 2025£178,599 | 3 Bed House84, Oakwood, Gateshead, NE10 8LX84, Oakwood, Gateshead, NE10 8LX
- Sold Nov 2007£160,000 | 4 Bed House110, Oakwood, Gateshead, NE10 8LW110, Oakwood, Gateshead, NE10 8LW
Schools Nearby
- Roman Road Primary School700 m away
- Fell Dyke Community Primary School900 m away
- St Augustine's Catholic Primary School, Gateshead1.0 km away
- Cardinal Hume Catholic School, Gateshead1.0 km away
- XP Gateshead1.2 km away
- Heworth Grange School1.6 km away
More reading links
Public Transport Nearby
The closest station to NE10 8LU is Heworth station, which is 2.0 kilometres away.
- Heworth|2.0 km away
- Manors|5.3 km away
- Newcastle|5.4 km away
- Dunston|5.6 km away
