NE8 2GY is a residential postcode situated on Tynemouth Pass, Gateshead, NE8 with 38 addresses.
It ranks as the 484th largest of the 1,009 postcodes in the NE8 area.
The postcode contains a total of 38 properties: 15 houses, 4 flats and 19 other properties.
NE8 2GY is a residential postcode situated on Tynemouth Pass, Gateshead, NE8 with 38 addresses.
It ranks as the 484th largest of the 1,009 postcodes in the NE8 area.
The postcode contains a total of 38 properties: 15 houses, 4 flats and 19 other properties.
The last sale in NE8 2GY sold for £200,550 on 20th May 2024. Since then prices are up an average of 1.3%.
The current average value in the postcode is £176,234.
The NE8 2GY Sales Market has increased by 17.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.7% | £176,234 |
| April 2025 | 0.4% | £175,028 |
| April 2024 | 0.4% | £174,289 |
| April 2023 | 5% | £173,536 |
| April 2022 | 3.5% | £165,202 |
| April 2021 | 3% | £159,547 |
| April 2020 | 0.8% | £154,962 |
| April 2019 | -0.5% | £153,805 |
| April 2018 | 1.9% | £154,605 |
| April 2017 | 1.3% | £151,651 |
| April 2016 | 1.5% | £149,683 |
| April 2015 | 1.9% | £147,434 |
| April 2014 | 2.5% | £144,695 |
| April 2013 | 0.6% | £141,102 |
| April 2012 | 0% | £140,284 |
| April 2011 | -3.7% | £140,329 |
| April 2010 | 1.2% | £145,660 |
| April 2009 | -12.5% | £143,964 |
| April 2008 | -0.9% | £164,594 |
| April 2007 | 0% | £166,092 |
The current average rental value in the postcode is £1,363.
The NE8 2GY Rental Market has increased by 50.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £1,363pcm |
| April 2025 | 4% | £1,326pcm |
| April 2024 | 9.1% | £1,275pcm |
| April 2023 | 10.2% | £1,169pcm |
| April 2022 | 10.2% | £1,061pcm |
| April 2021 | 2% | £962pcm |
| April 2020 | 2.4% | £943pcm |
| April 2019 | 0.1% | £922pcm |
| April 2018 | -0.4% | £921pcm |
| April 2017 | 2% | £924pcm |
| April 2016 | 1.6% | £906pcm |
| April 2015 | 1.9% | £892pcm |
| April 2014 | 1.6% | £876pcm |
| April 2013 | 0.8% | £862pcm |
| April 2012 | -0.4% | £855pcm |
| April 2011 | 2.8% | £859pcm |
| April 2010 | -0.4% | £835pcm |
| April 2009 | -2.7% | £839pcm |
| April 2008 | 2.4% | £861pcm |
| April 2007 | 0% | £841pcm |
The last sale was on 20th May 2024 for £200,550 and since then the market in the area has increased by 1.3%. The postcode has had a total of 33 sales since 1995.
NE8 2GY has seen 3 sales in the last three years and no sales in the last twelve months.
NE8 2GY is the 484th largest and the 760th most expensive postcode out of the 1,009 postcodes in the NE8 area.
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