High Street - NE8 1EL
Key Postcode Insights
NE8 1EL is a residential postcode situated on High Street, Gateshead, NE8 with 8 addresses.
It ranks as the 253rd largest of the 1,010 postcodes in the NE8 area.
The postcode contains a total of 8 properties: 4 flats and 4 other properties.
- Ave. Sale Price
- £112,529
- 10 Year change
- up 15.8%
- Ave. Rental Price
- £765pcm
- 10 Year change
- up 46.9%
- Ave. £ per ft²
- £217/ft²
- Ave. Gross Yield
- 8.2%/year/yr
Key Postcode Insights
NE8 1EL is a residential postcode situated on High Street, Gateshead, NE8 with 8 addresses.
It ranks as the 253rd largest of the 1,010 postcodes in the NE8 area.
The postcode contains a total of 8 properties: 4 flats and 4 other properties.
- Ave. Sale Price
- £112,529
- 10 Year change
- up 15.8%
- Ave. Rental Price
- £765pcm
- 10 Year change
- up 46.9%
- Ave. £ per ft²
- £217/ft²
- Ave. Gross Yield
- 8.2%/year/yr
Explore Properties in NE8 1EL
- 264 High Street
House
- 282 High Street
Building | 4 Flats
- 284 High Street
House
- 286 High Street
House
- 288 High Street
House
Sales Market Trends
The last sale in NE8 1EL sold for £172,000 on 18th November 2022. Since then prices are down an average of 0.0%.
The current average value in the postcode is £112,529.
The NE8 1EL Sales Market has increased by 15.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £112,529 |
| June 2025 | 0.2% | £111,516 |
| June 2024 | 1.4% | £111,339 |
| June 2023 | 3.3% | £109,796 |
| June 2022 | 4% | £106,336 |
| June 2021 | 1.9% | £102,265 |
| June 2020 | 1.3% | £100,381 |
| June 2019 | -0.5% | £99,048 |
| June 2018 | 2.3% | £99,593 |
| June 2017 | 0.2% | £97,314 |
| June 2016 | 0.8% | £97,150 |
| June 2015 | 1.7% | £96,349 |
| June 2014 | 1.8% | £94,739 |
| June 2013 | 1.6% | £93,054 |
| June 2012 | -2.3% | £91,580 |
| June 2011 | -3.3% | £93,738 |
| June 2010 | 2.8% | £96,913 |
| June 2009 | -10.3% | £94,300 |
| June 2008 | -3.7% | £105,186 |
| June 2007 | 0% | £109,174 |
Rental Market Trends
The current average rental value in the postcode is £765.
The NE8 1EL Rental Market has increased by 46.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £765pcm |
| June 2025 | 3.9% | £742pcm |
| June 2024 | 9.6% | £714pcm |
| June 2023 | 7.9% | £651pcm |
| June 2022 | 8.9% | £604pcm |
| June 2021 | 3.5% | £554pcm |
| June 2020 | 3.2% | £536pcm |
| June 2019 | -0.4% | £519pcm |
| June 2018 | 0.1% | £521pcm |
| June 2017 | -0.1% | £520pcm |
| June 2016 | 0.5% | £521pcm |
| June 2015 | 1% | £518pcm |
| June 2014 | 1.2% | £513pcm |
| June 2013 | -0.4% | £507pcm |
| June 2012 | -1% | £509pcm |
| June 2011 | 2.2% | £514pcm |
| June 2010 | 2.5% | £503pcm |
| June 2009 | -4.3% | £491pcm |
| June 2008 | 0.8% | £513pcm |
| June 2007 | 0% | £509pcm |
Sales History
The last recorded sale was on 18th November 2022 for £172,000 and since then the market in the area has remained stable.
NE8 1EL has had 1 sale since 1995, none of them in the last three years.
- Sold Nov 2022£172,000 | 3 Bed House264, High Street, Gateshead, NE8 1EL264, High Street, Gateshead, NE8 1EL
Nearby Postcodes
NE8 1EL is the 253rd largest and the 406th most expensive postcode out of the 1,010 postcodes in the NE8 area.
- NE8 1XF, Grahamsley Street, Gateshead, NE8NE8 1XF7 Addresses|26 m away
- NE8 1EP, High Street, Gateshead, NE8NE8 1EP9 Addresses|56 m away
- NE8 1EQ, High Street, Gateshead, NE8NE8 1EQ30 Addresses|75 m away
- NE8 3JW, Park Lane, Gateshead, NE8NE8 3JW3 Addresses|109 m away
- NE8 1HA, Regent Court, Gateshead, NE8NE8 1HA80 Addresses|109 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (3)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Dec 2023£400,000 | 3 Bed House245, High Street, Gateshead, NE8 1EP245, High Street, Gateshead, NE8 1EP
- Sold May 2025£276,000 | 3 Bed House241, High Street, Gateshead, NE8 1EP241, High Street, Gateshead, NE8 1EP
- Sold Oct 2003£250,000 | 3 Bed House191, High Street, Gateshead, NE8 1AS191, High Street, Gateshead, NE8 1AS
Schools Nearby
- St Joseph's Catholic Primary School, Gateshead400 m away
- South Street Community Primary School900 m away
- Caedmon Community Primary School1.0 km away
- North East Futures UTC1.2 km away
- XP Gateshead3.1 km away
- Cardinal Hume Catholic School, Gateshead3.3 km away
More reading links
Public Transport Nearby
The closest station to NE8 1EL is Manors station, which is 1.3 kilometres away.
- Manors|1.3 km away
- Newcastle|1.3 km away
- Dunston|2.9 km away
- Heworth|3.0 km away