Richmond Terrace - NE8 1RN
Key Street Insights
Richmond Terrace is a residential street with 18 addresses.
It ranks as the 296th largest and 675th most expensive of the 690 streets in the NE8 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 18 properties: 12 houses and 6 flats.
- Ave. Sale Price
- £257,288
- 10 Year change
- up 19.8%
- Ave. Rental Price
- £1,330pcm
- 10 Year change
- up 52.0%
- Ave. £ per ft²
- £165/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Street Insights
Richmond Terrace is a residential street with 18 addresses.
It ranks as the 296th largest and 675th most expensive of the 690 streets in the NE8 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 18 properties: 12 houses and 6 flats.
- Ave. Sale Price
- £257,288
- 10 Year change
- up 19.8%
- Ave. Rental Price
- £1,330pcm
- 10 Year change
- up 52.0%
- Ave. £ per ft²
- £165/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertieson Richmond Terrace, Gateshead, NE8
- 1 Richmond Terrace
Unknown
- 2 Richmond Terrace
5 Bed Period House
- 3 Richmond Terrace
5 Bed Period House
- 4 Richmond Terrace
5 Bed Period House
- 5 Richmond Terrace
4 Bed House
Sales Market Trends
The last sale on Richmond Terrace sold for £360,000 on 20th March 2020. Since then prices are up an average of 15.4%.
The current average value in the street is £257,288.
The Richmond Terrace Sales Market has increased by 19.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £257,288 |
| June 2025 | 0.2% | £256,749 |
| June 2024 | 1.3% | £256,189 |
| June 2023 | 4.1% | £252,931 |
| June 2022 | 5% | £243,027 |
| June 2021 | 2.7% | £231,525 |
| June 2020 | 1% | £225,333 |
| June 2019 | -0.3% | £223,048 |
| June 2018 | 3.8% | £223,830 |
| June 2017 | 0.4% | £215,643 |
| June 2016 | 0.5% | £214,716 |
| June 2015 | 1.8% | £213,646 |
| June 2014 | 1.6% | £209,890 |
| June 2013 | 1.9% | £206,632 |
| June 2012 | -1.7% | £202,808 |
| June 2011 | -3.7% | £206,318 |
| June 2010 | 3.3% | £214,315 |
| June 2009 | -10% | £207,537 |
| June 2008 | -2.4% | £230,490 |
| June 2007 | 0% | £236,069 |
Rental Market Trends
The current average rental value in the street is £1,330.
The Richmond Terrace Rental Market has increased by 52.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,330pcm |
| June 2025 | 4.4% | £1,298pcm |
| June 2024 | 9.3% | £1,244pcm |
| June 2023 | 8.2% | £1,138pcm |
| June 2022 | 10.2% | £1,052pcm |
| June 2021 | 4.3% | £954pcm |
| June 2020 | 3.1% | £915pcm |
| June 2019 | 0.1% | £887pcm |
| June 2018 | 1% | £887pcm |
| June 2017 | 0.3% | £877pcm |
| June 2016 | 0.3% | £875pcm |
| June 2015 | 1.1% | £872pcm |
| June 2014 | 1.1% | £863pcm |
| June 2013 | -0.5% | £853pcm |
| June 2012 | -0.6% | £858pcm |
| June 2011 | 2.2% | £863pcm |
| June 2010 | 2.9% | £844pcm |
| June 2009 | -3.7% | £820pcm |
| June 2008 | 2.1% | £852pcm |
| June 2007 | 0% | £834pcm |
Sales History
The last sale was on 20th March 2020 for £360,000 and since then the market in the area has increased by 15.4%. The street has had a total of 11 sales since 1995.
Richmond Terrace, Gateshead, NE8 has seen no sales in the last three years and no sales in the last twelve months.
- Sold Mar 2020£360,000 | 5 Bed House2, Richmond Terrace, Gateshead, NE8 1RN2, Richmond Terrace, Gateshead, NE8 1RN
- Sold Jul 2018£240,000 | 4 Bed House7, Richmond Terrace, Gateshead, NE8 1RN7, Richmond Terrace, Gateshead, NE8 1RN
- Sold Apr 2016£150,000 | 4 Bed House10, Richmond Terrace, Gateshead, NE8 1RN10, Richmond Terrace, Gateshead, NE8 1RN
- Sold Dec 2015£300,000 | 5 Bed House12, Richmond Terrace, Gateshead, NE8 1RN12, Richmond Terrace, Gateshead, NE8 1RN
- Sold Sep 2015£195,000 | 4 Bed House5, Richmond Terrace, Gateshead, NE8 1RN5, Richmond Terrace, Gateshead, NE8 1RN
Top 3 Most Expensive Sales
- Sold Mar 2020£360,000 | 5 Bed House2, Richmond Terrace, Gateshead, NE8 1RN2, Richmond Terrace, Gateshead, NE8 1RN
- Sold Dec 2015£300,000 | 5 Bed House12, Richmond Terrace, Gateshead, NE8 1RN12, Richmond Terrace, Gateshead, NE8 1RN
- Sold Jul 2018£240,000 | 4 Bed House7, Richmond Terrace, Gateshead, NE8 1RN7, Richmond Terrace, Gateshead, NE8 1RN
Nearby Streets
Richmond Terrace, Gateshead, NE8 is the 296th largest and the 675th most expensive street in the NE8 area.
- Ashgrove Terrace, Gateshead, NE815 Addresses|33 m away
- Cambridge Terrace, Gateshead, NE816 Addresses|41 m away
- Oxford Terrace, Gateshead, NE816 Addresses|74 m away
- Coatsworth Road, Gateshead, NE8147 Addresses|75 m away
- Alexandra Road, Gateshead, NE870 Addresses|111 m away
- Grasmere Street, Gateshead, NE823 Addresses|129 m away
Property Types
- 7 period houses built between 1800 and 1911
- 5 modern flats built after 1980
- 1 mid-century flat built between 1936 and 1979
- 3 houses of an unknown age
- 2 other addresses of unknown type
- period house (7)
- modern flat (5)
- mid-century flat (1)
- house (3)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is C.
- A (0)
- E (4)
- B (1)
- F (1)
- C (6)
- G (0)
- D (2)
- No EPC (4)
Schools Nearby
- Caedmon Community Primary School100 m away
- St Joseph's Catholic Primary School, Gateshead500 m away
- South Street Community Primary School500 m away
- North East Futures UTC1.6 km away
- Grace College2.8 km away
- Cardinal Hume Catholic School, Gateshead2.9 km away
More reading links
Public Transport Nearby
The closest station to Richmond Terrace, Gateshead, NE8 - NE8 1RN is Newcastle station, which is 1.8 kilometres away.
- Newcastle|1.8 km away
- Manors|2.1 km away
- Dunston|2.3 km away
