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NE8 2SB
Home, House Prices, Derwentwater Road, Gateshead, North East
NE8 2SB

NE8 2SBHouse Prices / North East, Gateshead, Derwentwater Road

Last updated Jun 2026

Key Postcode Insights

NE8 2SB is a residential postcode situated on Derwentwater Road, Gateshead, NE8 with 25 addresses.

It ranks as the 589th largest and 148th 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 25 properties: 25 flats.

25
Properties
  • Flats

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House Pricesin NE8 2SB

Sale prices range from £71,062 for 2 bedroom leasehold flats (505 ft2) to £94,718 for 3 bedroom leasehold flats (979 ft2) .

Monthly rental prices range from £583 pcm for 2 bed flats to £791 pcm for 3 bed flats.

The gross rental yield is between 9.8% and 10.1%.

The average value per square foot is £116.

Average Sale Value
£83,365
Average Rental Value
£690 pcm
Average Rental Yield
9.9% /year
Average Value Per Sqft
£116 /ft2
Prices last updated 1st June 2026
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Sales Market Trendsin NE8 2SB

The last sale in NE8 2SB sold for £88,000 on 9th December 2025. Since then prices are up an average of 3.6%.

The current average value in the postcode is £83,365.
The NE8 2SB Sales Market has increased by 11.7% over the last 10 years.

PeriodYear on YearAverage Price
May 2026-0.1%£83,365
May 20250.3%£83,411
May 20241.6%£83,134
May 20232.7%£81,835
May 20224.4%£79,683
May 20212.4%£76,316
May 20200.1%£74,558
May 2019-0.7%£74,518
May 20181%£75,055
May 2017-0.5%£74,284
May 2016-0.3%£74,647
May 20150.1%£74,852
May 20140.8%£74,744
May 20130.3%£74,120
May 2012-2.2%£73,906
May 2011-4.6%£75,561
May 2010-1%£79,223
May 2009-12%£80,013
May 2008-1.9%£90,919
May 20070%£92,635
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Rental Market Trendsin NE8 2SB

The current average rental value in the postcode is £690.
The NE8 2SB Rental Market has increased by 39.6% over the last 10 years.

PeriodYear on YearAverage Price
May 20261.9%£690pcm
May 20254.8%£677pcm
May 20249.8%£646pcm
May 20236.4%£589pcm
May 20229.3%£553pcm
May 20213.2%£506pcm
May 20202.2%£491pcm
May 2019-1%£480pcm
May 2018-1%£485pcm
May 2017-1%£490pcm
May 2016-0.8%£494pcm
May 20150.1%£499pcm
May 2014-0.2%£498pcm
May 2013-1.2%£499pcm
May 2012-1.4%£505pcm
May 20111%£513pcm
May 2010-1.9%£508pcm
May 2009-4.9%£518pcm
May 20081.3%£545pcm
May 20070%£538pcm
Properties list background

Explore Buildingsin NE8 2SB, Derwentwater Road, Gateshead, NE8

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Sales History
in NE8 2SB

The last sale was on 9th December 2025 for £88,000 and since then the market in the area has increased by 3.6%. The postcode has had a total of 31 sales since 1995.

NE8 2SB has seen 2 sales in the last three years and 2 sales in the last twelve months.

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Nearby Postcodesto NE8 2SB

NE8 2SB is the 589th largest and the 148th most expensive postcode out of the 1,009 postcodes in the NE8 area.

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Property Typesin NE8 2SB

  • 25 modern flats built after 1980
  • modern flat (25)
Energy Efficiency

Energy Efficiencyof properties in NE8 2SB

  • Energy Performance Certificate (EPC) surveys conducted for 25 properties.
  • The dominant rating is B.
  • A (0)
  • E (0)
  • B (17)
  • F (0)
  • C (8)
  • G (0)
  • D (0)
  • No EPC (0)
properties list title title

Top 3 Most Expensive Saleson Derwentwater Road

Schools Nearby

Schools Nearby

The nearest primary school to NE8 2SB is St Aidan's Church of England Primary School, which is 100 metres away.
  • 100
    m
    St Aidan's Church of England Primary School
  • 600
    m
    Brighton Avenue Primary School
  • 900
    m
    St Philip Neri Catholic Primary School, Dunston
The nearest secondary school is North East Futures UTC, which is 1.5 kilometres away.
  • 1.5
    km
    North East Futures UTC
  • 2.0
    km
    Kingsmeadow Community School
  • 3.0
    km
    Grace College
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearby

The closest station to NE8 2SB is Dunston station, which is 1.2 kilometres away.

  • 1.2
    km
    Dunston
  • 1.6
    km
    Newcastle
  • 2.4
    km
    Manors
  • 2.7
    km
    MetroCentre
Source: National Rail