NE8 1TN is a residential postcode situated on Sedgewick Place, Gateshead, NE8 with 7 addresses.
It ranks as the 230th largest and 273rd most expensive of the 1,009 postcodes in the NE8 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 7 properties: 2 houses and 5 flats.
NE8 1TN is a residential postcode situated on Sedgewick Place, Gateshead, NE8 with 7 addresses.
It ranks as the 230th largest and 273rd most expensive of the 1,009 postcodes in the NE8 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 7 properties: 2 houses and 5 flats.
Sale prices range from £82,424 for 3 bedroom leasehold flats with a garden (1,410 ft2) to £223,025 for 5 bedroom freehold houses with a garden (1,657 ft2) .
Monthly rental prices range from £805 pcm for 3 bed flats to £1,975 pcm for 5 bed houses.
The gross rental yield is between 10.6% and 11.7%.
The average value per square foot is £95.
The last sale in NE8 1TN sold for £147,000 on 27th August 2025. Since then prices are up an average of 0.4%.
The current average value in the postcode is £126,900.
The NE8 1TN Sales Market has increased by 16.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.5% | £126,900 |
| April 2025 | -0.5% | £126,312 |
| April 2024 | 0.8% | £126,984 |
| April 2023 | 5.5% | £125,982 |
| April 2022 | 3.8% | £119,361 |
| April 2021 | 2.4% | £115,042 |
| April 2020 | 0.7% | £112,383 |
| April 2019 | -0.5% | £111,645 |
| April 2018 | 2.4% | £112,192 |
| April 2017 | 0.7% | £109,526 |
| April 2016 | 0% | £108,723 |
| April 2015 | 1.5% | £108,770 |
| April 2014 | 1% | £107,122 |
| April 2013 | 1.4% | £106,088 |
| April 2012 | 0.4% | £104,618 |
| April 2011 | -5.8% | £104,164 |
| April 2010 | 2.4% | £110,622 |
| April 2009 | -13.4% | £108,015 |
| April 2008 | 0.2% | £124,792 |
| April 2007 | 0% | £124,496 |
The current average rental value in the postcode is £1,167.
The NE8 1TN Rental Market has increased by 45.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £1,167pcm |
| April 2025 | 3.4% | £1,138pcm |
| April 2024 | 8.8% | £1,101pcm |
| April 2023 | 10% | £1,012pcm |
| April 2022 | 9.6% | £919pcm |
| April 2021 | 1.3% | £839pcm |
| April 2020 | 2.4% | £828pcm |
| April 2019 | -0.1% | £809pcm |
| April 2018 | -0.7% | £810pcm |
| April 2017 | 1.5% | £816pcm |
| April 2016 | 1.2% | £804pcm |
| April 2015 | 1.7% | £795pcm |
| April 2014 | 0.9% | £782pcm |
| April 2013 | 0.4% | £775pcm |
| April 2012 | -0.3% | £771pcm |
| April 2011 | 2.5% | £774pcm |
| April 2010 | -0.7% | £755pcm |
| April 2009 | -2.7% | £761pcm |
| April 2008 | 2.6% | £782pcm |
| April 2007 | 0% | £763pcm |
The last sale was on 27th August 2025 for £147,000 and since then the market in the area has increased by 0.4%. The postcode has had a total of 10 sales since 1995.
NE8 1TN has seen 4 sales in the last three years and 1 sale in the last twelve months.
NE8 1TN is the 230th largest and the 273rd 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 1TN, 62.7% of property is privately rented and 17.0% is privately owned outright.
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 1TN, 24.4% of residents are recorded as possessing school level qualifications and 27.1% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE8 1TN, the average age was 38.1 and the most common age was 27.
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 1TN, 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 1TN, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.