NE8 2FA is a residential postcode situated on Worsdell Drive, Gateshead, NE8 with 55 addresses.
It ranks as the 906th largest and 735th 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 55 properties: 55 flats.
NE8 2FA is a residential postcode situated on Worsdell Drive, Gateshead, NE8 with 55 addresses.
It ranks as the 906th largest and 735th 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 55 properties: 55 flats.
Sale prices range from £138,231 for 2 bedroom leasehold flats with a balcony (473 ft2) to £247,927 for 3 bedroom leasehold flats with a balcony (1,506 ft2) .
Monthly rental prices range from £815 pcm for 2 bed flats to £1,488 pcm for 3 bed flats.
The gross rental yield is between 7.0% and 7.2%.
The average value per square foot is £234.
The last sale in NE8 2FA sold for £115,000 on 24th October 2025. Since then prices are up an average of 1.4%.
The current average value in the postcode is £175,637.
The NE8 2FA Sales Market has increased by 6.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1% | £175,637 |
| May 2025 | 0% | £173,834 |
| May 2024 | -0.2% | £173,811 |
| May 2023 | 2.9% | £174,210 |
| May 2022 | 2% | £169,290 |
| May 2021 | 1.1% | £165,920 |
| May 2020 | 0.5% | £164,087 |
| May 2019 | -0.5% | £163,340 |
| May 2018 | 0.7% | £164,153 |
| May 2017 | -0.8% | £162,979 |
| May 2016 | 0.4% | £164,242 |
| May 2015 | 2.1% | £163,624 |
| May 2014 | 2% | £160,265 |
| May 2013 | 0.7% | £157,088 |
| May 2012 | -2.2% | £155,978 |
| May 2011 | -3.1% | £159,528 |
| May 2010 | 2.6% | £164,572 |
| May 2009 | -12.6% | £160,377 |
| May 2008 | -2.7% | £183,423 |
| May 2007 | 0% | £188,464 |
The current average rental value in the postcode is £1,052.
The NE8 2FA Rental Market has increased by 37.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.9% | £1,052pcm |
| May 2025 | 3.4% | £1,022pcm |
| May 2024 | 9.2% | £988pcm |
| May 2023 | 7.4% | £904pcm |
| May 2022 | 6.9% | £842pcm |
| May 2021 | 2.5% | £788pcm |
| May 2020 | 2.4% | £768pcm |
| May 2019 | -0.4% | £751pcm |
| May 2018 | -1.1% | £753pcm |
| May 2017 | -0.7% | £762pcm |
| May 2016 | -0.2% | £767pcm |
| May 2015 | 1.3% | £769pcm |
| May 2014 | 1.8% | £759pcm |
| May 2013 | -0.8% | £746pcm |
| May 2012 | -1% | £752pcm |
| May 2011 | 3% | £760pcm |
| May 2010 | 1.8% | £737pcm |
| May 2009 | -5.4% | £724pcm |
| May 2008 | 0.3% | £765pcm |
| May 2007 | 0% | £762pcm |
The last sale was on 24th October 2025 for £115,000 and since then the market in the area has increased by 1.4%. The postcode has had a total of 95 sales since 1995.
NE8 2FA has seen 10 sales in the last three years and 1 sale in the last twelve months.
NE8 2FA is the 906th largest and the 735th most expensive postcode out of the 1,009 postcodes in the NE8 area.
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