Elysium Lane - NE8 2XL
Key Postcode Insights
NE8 2XL is a residential postcode situated on Elysium Lane, Gateshead, NE8 with 2 addresses.
It ranks as the 97th largest and 892nd most expensive of the 1,010 postcodes in the NE8 area.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £230,630
- 10 Year change
- up 23.0%
- Ave. Rental Price
- £1,293pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £136/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
NE8 2XL is a residential postcode situated on Elysium Lane, Gateshead, NE8 with 2 addresses.
It ranks as the 97th largest and 892nd most expensive of the 1,010 postcodes in the NE8 area.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £230,630
- 10 Year change
- up 23.0%
- Ave. Rental Price
- £1,293pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £136/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Sales Market Trends
The last sale in NE8 2XL sold for £115,000 on 4th July 2003. Since then prices are down an average of 0.0%.
The current average value in the postcode is £230,630.
The NE8 2XL Sales Market has increased by 23.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £230,630 |
| June 2025 | 0.1% | £229,842 |
| June 2024 | 1% | £229,639 |
| June 2023 | 5% | £227,386 |
| June 2022 | 5.1% | £216,546 |
| June 2021 | 2.9% | £206,136 |
| June 2020 | 1.2% | £200,332 |
| June 2019 | 0% | £197,911 |
| June 2018 | 4.4% | £197,963 |
| June 2017 | 1.1% | £189,637 |
| June 2016 | 1% | £187,568 |
| June 2015 | 2.6% | £185,727 |
| June 2014 | 1.9% | £181,013 |
| June 2013 | 2.4% | £177,646 |
| June 2012 | -1.2% | £173,563 |
| June 2011 | -3% | £175,748 |
| June 2010 | 5.3% | £181,270 |
| June 2009 | -8.6% | £172,074 |
| June 2008 | -1.9% | £188,360 |
| June 2007 | 0% | £191,928 |
Rental Market Trends
The current average rental value in the postcode is £1,293.
The NE8 2XL Rental Market has increased by 56.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,293pcm |
| June 2025 | 4.2% | £1,261pcm |
| June 2024 | 9% | £1,210pcm |
| June 2023 | 9.2% | £1,110pcm |
| June 2022 | 10.3% | £1,017pcm |
| June 2021 | 4.5% | £922pcm |
| June 2020 | 3.3% | £882pcm |
| June 2019 | 0.4% | £854pcm |
| June 2018 | 1.6% | £851pcm |
| June 2017 | 1% | £837pcm |
| June 2016 | 0.8% | £829pcm |
| June 2015 | 1.9% | £823pcm |
| June 2014 | 1.5% | £807pcm |
| June 2013 | -0.1% | £796pcm |
| June 2012 | -0.1% | £796pcm |
| June 2011 | 2.9% | £797pcm |
| June 2010 | 5% | £775pcm |
| June 2009 | -2.3% | £738pcm |
| June 2008 | 2.6% | £755pcm |
| June 2007 | 0% | £736pcm |
Sales History
The last sale was on 4th July 2003 for £115,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sale since 1995.
NE8 2XL has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
NE8 2XL is the 97th largest and the 892nd most expensive postcode out of the 1,010 postcodes in the NE8 area.
- NE8 2XJ, Adler Close, Gateshead, NE8NE8 2XJ12 Addresses|37 m away
- NE8 2XH, Elysium Lane, Gateshead, NE8NE8 2XH4 Addresses|69 m away
- NE8 4XF, Lobley Hill Road, Gateshead, NE8NE8 4XF7 Addresses|109 m away
- NE8 1UU, Bensham Road, Gateshead, NE8NE8 1UU1 Addresses|133 m away
- NE8 2YL, Temple Green, Gateshead, NE8NE8 2YL32 Addresses|140 m away
Property Types
- 2 other addresses of unknown type
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jul 2003£115,000 | 5 Bed House4, Elysium Lane, Gateshead, NE8 2XL4, Elysium Lane, Gateshead, NE8 2XL
- Sold Feb 2022£107,500 | 3 Bed House1 Station Cottages, Elysium Lane, Gateshead, NE8 2XH1 Station Cottages, Elysium Lane, Gateshead, NE8 2XH
- Sold Sep 2004£99,950 | 3 Bed House2 Station Cottages, Elysium Lane, Gateshead, NE8 2XH2 Station Cottages, Elysium Lane, Gateshead, NE8 2XH
Schools Nearby
- Brighton Avenue Primary School200 m away
- St Aidan's Church of England Primary School400 m away
- Corpus Christi Catholic Primary School, Gateshead500 m away
- North East Futures UTC1.7 km away
- Kingsmeadow Community School2.3 km away
- Grace College2.6 km away
More reading links
Public Transport Nearby
The closest station to NE8 2XL is Dunston station, which is 1.5 kilometres away.
- Dunston|1.5 km away
- Newcastle|1.8 km away
- Manors|2.5 km away
- MetroCentre|3.1 km away