NE8 1YL

NE8 1YLHouse Prices / North East, Gateshead, Balfour Street

Last updated May 2026

Key Postcode Insights

NE8 1YL is a residential postcode situated on Balfour Street, Gateshead, NE8 with 43 addresses.

It ranks as the 820th largest and 103rd 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 43 properties: 3 houses and 40 flats.

43
Properties
  • Houses
  • Flats

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House Pricesin NE8 1YL

Sale prices range from £68,122 for 2 bedroom leasehold flats with a garden (570 ft2) to £262,147 for 5 bedroom freehold houses with a garden (2,088 ft2) .

Monthly rental prices range from £675 pcm for 2 bed flats to £2,142 pcm for 5 bed houses.

The gross rental yield is between 9.8% and 12.1%.

The average value per square foot is £106.

Average Sale Value
£86,233
Average Rental Value
£836 pcm
Average Rental Yield
11.6% /year
Average Value Per Sqft
£106 /ft2
Prices last updated 1st May 2026
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Explore Propertiesin NE8 1YL, Balfour Street, Gateshead, NE8

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Sales History
in NE8 1YL

The last sale was on 12th September 2025 for £55,000 and since then the market in the area has increased by 14.2%. The postcode has had a total of 62 sales since 1995.

NE8 1YL has seen 1 sale in the last three years and 1 sale in the last twelve months.

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Nearby Postcodesto NE8 1YL

NE8 1YL is the 820th largest and the 103rd most expensive postcode out of the 1,009 postcodes in the NE8 area.

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Property Typesin NE8 1YL

  • 38 period flats built between 1800 and 1911
  • 2 mid-century flats built between 1936 and 1979
  • 3 other addresses of unknown type
  • period flat (38)
  • mid-century flat (2)
  • Unknown (3)
Energy Efficiency

Energy Efficiencyof properties in NE8 1YL

  • Energy Performance Certificate (EPC) surveys conducted for 40 properties.
  • The dominant rating is C.
  • A (0)
  • E (4)
  • B (0)
  • F (0)
  • C (22)
  • G (0)
  • D (14)
  • No EPC (3)
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Schools Nearby

Schools Nearbyto NE8 1YL

The nearest primary school to NE8 1YL is Brighton Avenue Primary School which is 133 metres away.
  • 133
    m
    Brighton Avenue Primary School
  • 393
    m
    Corpus Christi Catholic Primary School, Gateshead
  • 447
    m
    Kelvin Grove Community Primary School
The nearest secondary school is North East Futures UTC which is 1.6 kilometres away.
  • 1.6
    km
    North East Futures UTC
  • 2.6
    km
    Kingsmeadow Community School
  • 2.6
    km
    Grace College
More reading links
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearbyto NE8 1YL

The closest station to NE8 1YL is Newcastle station which is 1.8 kilometres away.

  • 1.8
    km
    Newcastle
  • 1.8
    km
    Dunston
  • 2.3
    km
    Manors
  • 3.5
    km
    MetroCentre
Source: National Rail
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