NE8 1EQ is a residential postcode situated on High Street, Gateshead, NE8 with 30 addresses.
It ranks as the 651st largest and 164th most expensive of the 1,009 postcodes in the NE8 area.
The postcode contains a total of 30 properties: 2 houses and 28 flats.
NE8 1EQ is a residential postcode situated on High Street, Gateshead, NE8 with 30 addresses.
It ranks as the 651st largest and 164th most expensive of the 1,009 postcodes in the NE8 area.
The postcode contains a total of 30 properties: 2 houses and 28 flats.
Sale prices range from £74,994 for 2 bedroom Leasehold flats with a garden (699 ft2) to £152,814 for 3 bedroom freehold houses with a garden (824 ft2) .
Monthly rental prices range from £729 pcm for 2 bed flats to £1,323 pcm for 3 bed houses.
The gross rental yield is between 10.4% and 11.7%.
The average value per square foot is £134.
The last sale in NE8 1EQ sold for £52,675 on 15th February 2023. Since then prices are down an average of 0.0%.
The current average value in the postcode is £91,145.
The NE8 1EQ Sales Market has increased by 3.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.2% | £91,145 |
| April 2025 | 1.9% | £90,948 |
| April 2024 | -1.8% | £89,290 |
| April 2023 | 2.7% | £90,932 |
| April 2022 | 0.1% | £88,566 |
| April 2021 | 1.4% | £88,477 |
| April 2020 | 0.3% | £87,254 |
| April 2019 | -1.2% | £87,032 |
| April 2018 | -1.2% | £88,108 |
| April 2017 | 1.2% | £89,221 |
| April 2016 | 4.3% | £88,180 |
| April 2015 | 2.5% | £84,563 |
| April 2014 | 4.5% | £82,475 |
| April 2013 | -3.1% | £78,927 |
| April 2012 | -0.5% | £81,489 |
| April 2011 | 1.2% | £81,862 |
| April 2010 | -2.7% | £80,922 |
| April 2009 | -11.5% | £83,165 |
| April 2008 | -4.4% | £93,967 |
| April 2007 | 0% | £98,243 |
The current average rental value in the postcode is £835.
The NE8 1EQ Rental Market has increased by 42.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £835pcm |
| April 2025 | 3.3% | £818pcm |
| April 2024 | 9.3% | £792pcm |
| April 2023 | 9.6% | £724pcm |
| April 2022 | 9% | £661pcm |
| April 2021 | 1.1% | £607pcm |
| April 2020 | 2.3% | £600pcm |
| April 2019 | -0.2% | £587pcm |
| April 2018 | -1.1% | £588pcm |
| April 2017 | 1.9% | £595pcm |
| April 2016 | 1.5% | £584pcm |
| April 2015 | 1.8% | £575pcm |
| April 2014 | 1.4% | £565pcm |
| April 2013 | 0.2% | £557pcm |
| April 2012 | -0.4% | £556pcm |
| April 2011 | 3.3% | £558pcm |
| April 2010 | -0.4% | £540pcm |
| April 2009 | -2.6% | £543pcm |
| April 2008 | 1.8% | £557pcm |
| April 2007 | 0% | £547pcm |
The last sale was on 15th February 2023 for £52,675 and since then the market in the area has remained stable. The postcode has had a total of 7 sales since 1995.
NE8 1EQ has seen 1 sale in the last three years and no sales in the last twelve months.
NE8 1EQ is the 651st largest and the 164th most expensive postcode out of the 1,009 postcodes in the NE8 area.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NE8 1EQ, % of property is and % is .
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE8 1EQ, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE8 1EQ, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE8 1EQ, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.