NE8 2AW is a residential postcode situated on Fletcher Road, Gateshead, NE8 with 35 addresses.
It ranks as the 733rd largest and 751st most expensive of the 1,009 postcodes in the NE8 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 35 properties: 35 flats.
NE8 2AW is a residential postcode situated on Fletcher Road, Gateshead, NE8 with 35 addresses.
It ranks as the 733rd largest and 751st most expensive of the 1,009 postcodes in the NE8 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 35 properties: 35 flats.
Sale prices range from £116,877 for 1 bedroom leasehold flats (387 ft2) to £209,630 for 3 bedroom leasehold flats (1,151 ft2) .
Monthly rental prices range from £814 pcm for 1 bed flats to £1,462 pcm for 3 bed flats.
The gross rental yield is between 8.4% and 8.6%.
The average value per square foot is £213.
The last sale in NE8 2AW sold for £178,000 on 23rd February 2026. Since then prices are up an average of 0.9%.
The current average value in the postcode is £179,375.
The NE8 2AW Sales Market has decreased by 3.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £179,375 |
| April 2025 | 2.4% | £179,943 |
| April 2024 | -2.4% | £175,719 |
| April 2023 | 1.1% | £180,015 |
| April 2022 | -1.4% | £177,978 |
| April 2021 | 0.6% | £180,470 |
| April 2020 | 0.1% | £179,333 |
| April 2019 | -2% | £179,202 |
| April 2018 | -2.6% | £182,771 |
| April 2017 | 0.7% | £187,602 |
| April 2016 | 5% | £186,304 |
| April 2015 | 2.6% | £177,443 |
| April 2014 | 4.8% | £172,948 |
| April 2013 | -4.9% | £164,987 |
| April 2012 | -0.8% | £173,490 |
| April 2011 | 2.4% | £174,818 |
| April 2010 | -4.7% | £170,710 |
| April 2009 | -11.6% | £179,041 |
| April 2008 | -5.6% | £202,474 |
| April 2007 | 0% | £214,484 |
The current average rental value in the postcode is £1,264.
The NE8 2AW Rental Market has increased by 37.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £1,264pcm |
| April 2025 | 3.3% | £1,246pcm |
| April 2024 | 9.7% | £1,207pcm |
| April 2023 | 8.5% | £1,100pcm |
| April 2022 | 8.2% | £1,013pcm |
| April 2021 | 0.6% | £937pcm |
| April 2020 | 2.2% | £931pcm |
| April 2019 | -0.7% | £911pcm |
| April 2018 | -1.8% | £917pcm |
| April 2017 | 1.4% | £934pcm |
| April 2016 | 1.3% | £921pcm |
| April 2015 | 1.6% | £909pcm |
| April 2014 | 1.1% | £895pcm |
| April 2013 | -0.6% | £886pcm |
| April 2012 | -0.6% | £891pcm |
| April 2011 | 3.3% | £897pcm |
| April 2010 | -1.2% | £868pcm |
| April 2009 | -3% | £878pcm |
| April 2008 | 1.3% | £906pcm |
| April 2007 | 0% | £894pcm |
The last sale was on 23rd February 2026 for £178,000 and since then the market in the area has increased by 0.9%. The postcode has had a total of 67 sales since 1995.
NE8 2AW has seen 7 sales in the last three years and 3 sales in the last twelve months.
NE8 2AW is the 733rd largest and the 751st most expensive postcode out of the 1,009 postcodes in the NE8 area.
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