NE8 1PQ is a residential postcode situated on Mulgrave Terrace, Gateshead, NE8 with 16 addresses.
It ranks as the 412th largest and 271st most expensive of the 1,009 postcodes in the NE8 area.
The postcode contains a total of 16 properties: 1 house and 15 flats.
NE8 1PQ is a residential postcode situated on Mulgrave Terrace, Gateshead, NE8 with 16 addresses.
It ranks as the 412th largest and 271st most expensive of the 1,009 postcodes in the NE8 area.
The postcode contains a total of 16 properties: 1 house and 15 flats.
Sale prices range from £97,488 for 3 bedroom leasehold flats (710 ft2) to £152,814 for 3 bedroom freehold houses with a garden (957 ft2) .
Monthly rental prices range from £903 pcm for 3 bed flats to £1,323 pcm for 3 bed houses.
The gross rental yield is between 10.4% and 11.1%.
The average value per square foot is £137.
The current average value in the postcode is £100,946.
The NE8 1PQ Sales Market has increased by 3.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.4% | £100,946 |
| April 2025 | 2.9% | £100,536 |
| April 2024 | -2.7% | £97,678 |
| April 2023 | 2.6% | £100,423 |
| April 2022 | 0% | £97,906 |
| April 2021 | 1.7% | £97,913 |
| April 2020 | 0.2% | £96,256 |
| April 2019 | -1.3% | £96,074 |
| April 2018 | -1.4% | £97,300 |
| April 2017 | 1.3% | £98,677 |
| April 2016 | 5.5% | £97,436 |
| April 2015 | 2.9% | £92,384 |
| April 2014 | 5.4% | £89,761 |
| April 2013 | -3.6% | £85,130 |
| April 2012 | -0.5% | £88,305 |
| April 2011 | 2.3% | £88,759 |
| April 2010 | -3.5% | £86,791 |
| April 2009 | -11.1% | £89,899 |
| April 2008 | -4.7% | £101,127 |
| April 2007 | 0% | £106,156 |
The current average rental value in the postcode is £929.
The NE8 1PQ Rental Market has increased by 47.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.2% | £929pcm |
| April 2025 | 3.8% | £909pcm |
| April 2024 | 9.3% | £876pcm |
| April 2023 | 10% | £801pcm |
| April 2022 | 9.7% | £728pcm |
| April 2021 | 1.7% | £664pcm |
| April 2020 | 2.3% | £653pcm |
| April 2019 | 0% | £638pcm |
| April 2018 | -0.6% | £638pcm |
| April 2017 | 2% | £642pcm |
| April 2016 | 1.7% | £629pcm |
| April 2015 | 1.9% | £618pcm |
| April 2014 | 1.7% | £607pcm |
| April 2013 | 0.8% | £597pcm |
| April 2012 | -0.4% | £592pcm |
| April 2011 | 3.2% | £594pcm |
| April 2010 | 0.1% | £576pcm |
| April 2009 | -2.5% | £576pcm |
| April 2008 | 2.2% | £591pcm |
| April 2007 | 0% | £578pcm |
NE8 1PQ is the 412th largest and the 271st most expensive postcode out of the 1,009 postcodes in the NE8 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around NE8 1PQ, % 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 1PQ, 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 1PQ, 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 1PQ, 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.