NE8 2DG is a residential postcode situated on Spring Street, Gateshead, NE8 with 14 addresses.
It ranks as the 369th largest and 752nd most expensive of the 1,009 postcodes in the NE8 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 14 properties: 12 houses and 2 flats.
NE8 2DG is a residential postcode situated on Spring Street, Gateshead, NE8 with 14 addresses.
It ranks as the 369th largest and 752nd most expensive of the 1,009 postcodes in the NE8 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 14 properties: 12 houses and 2 flats.
Sale prices range from £129,686 for 3 bedroom leasehold flats (930 ft2) to £221,935 for 4 bedroom leasehold houses with a garden (1,205 ft2) .
Monthly rental prices range from £1,071 pcm for 3 bed flats to £1,765 pcm for 4 bed houses.
The gross rental yield is between 9.4% and 9.9%.
The average value per square foot is £217.
The last sale in NE8 2DG sold for £155,000 on 28th November 2022. Since then prices are up an average of 3.7%.
The current average value in the postcode is £174,457.
The NE8 2DG Sales Market has increased by 20.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.9% | £174,457 |
| April 2025 | 0.6% | £172,924 |
| April 2024 | 0.4% | £171,942 |
| April 2023 | 5.4% | £171,336 |
| April 2022 | 4% | £162,581 |
| April 2021 | 3.3% | £156,366 |
| April 2020 | 0.8% | £151,400 |
| April 2019 | -0.3% | £150,219 |
| April 2018 | 2.3% | £150,720 |
| April 2017 | 1.5% | £147,358 |
| April 2016 | 1.6% | £145,237 |
| April 2015 | 2% | £142,907 |
| April 2014 | 2.7% | £140,155 |
| April 2013 | 1% | £136,476 |
| April 2012 | 0% | £135,169 |
| April 2011 | -3.8% | £135,122 |
| April 2010 | 1.5% | £140,396 |
| April 2009 | -12.5% | £138,383 |
| April 2008 | -0.6% | £158,135 |
| April 2007 | 0% | £159,155 |
The current average rental value in the postcode is £1,388.
The NE8 2DG Rental Market has increased by 53.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £1,388pcm |
| April 2025 | 4.2% | £1,348pcm |
| April 2024 | 9% | £1,294pcm |
| April 2023 | 10.6% | £1,187pcm |
| April 2022 | 10.7% | £1,074pcm |
| April 2021 | 2.3% | £970pcm |
| April 2020 | 2.4% | £948pcm |
| April 2019 | 0.3% | £926pcm |
| April 2018 | 0% | £924pcm |
| April 2017 | 2.1% | £924pcm |
| April 2016 | 1.7% | £905pcm |
| April 2015 | 1.9% | £890pcm |
| April 2014 | 1.8% | £873pcm |
| April 2013 | 1.2% | £858pcm |
| April 2012 | -0.3% | £848pcm |
| April 2011 | 2.7% | £851pcm |
| April 2010 | -0.1% | £828pcm |
| April 2009 | -2.6% | £829pcm |
| April 2008 | 2.7% | £851pcm |
| April 2007 | 0% | £829pcm |
The last sale was on 28th November 2022 for £155,000 and since then the market in the area has increased by 3.7%. The postcode has had a total of 24 sales since 1995.
NE8 2DG has seen no sales in the last three years and no sales in the last twelve months.
NE8 2DG is the 369th largest and the 752nd most expensive postcode out of the 1,009 postcodes in the NE8 area.
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