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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE8 2XLHouse Prices / North East, Gateshead, Elysium Lane
Last updated May 2026
Key Postcode Insights
NE8 2XL is a residential postcode situated on Elysium Lane, Gateshead, NE8 with 2 addresses.
It ranks as the 94th largest and 885th most expensive of the 1,009 postcodes in the NE8 area.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
Key Postcode Insights
NE8 2XL is a residential postcode situated on Elysium Lane, Gateshead, NE8 with 2 addresses.
It ranks as the 94th largest and 885th most expensive of the 1,009 postcodes in the NE8 area.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
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House Pricesin NE8 2XL
Sale prices range from £176,377 for 5 bedroom freehold houses with a garden (1,689 ft2) to £262,147 for 5 bedroom freehold houses with a garden (1,689 ft2) .
Monthly rental prices range from £1,727 pcm for 5 bed houses to £2,142 pcm for 5 bed houses.
The gross rental yield is between 9.8% and 11.7%.
The average value per square foot is £130.
Average Sale Value
£219,262
Average Rental Value
£1,935 pcm
Average Rental Yield
10.6% /year
Average Value Per Sqft
£130 /ft2
Sales Market Trendsin NE8 2XL
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 £219,262.
The NE8 2XL Sales Market has increased by 23.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.4% | £219,262 |
| April 2025 | -0.3% | £218,412 |
| April 2024 | 0.5% | £218,987 |
| April 2023 | 7.3% | £217,974 |
| April 2022 | 4.1% | £203,143 |
| April 2021 | 3.2% | £195,066 |
| April 2020 | 0.7% | £188,949 |
| April 2019 | 0.3% | £187,619 |
| April 2018 | 3.8% | £187,036 |
| April 2017 | 1.6% | £180,225 |
| April 2016 | 1% | £177,324 |
| April 2015 | 2.6% | £175,567 |
| April 2014 | 1.8% | £171,191 |
| April 2013 | 3.5% | £168,107 |
| April 2012 | 1.3% | £162,483 |
| April 2011 | -5% | £160,465 |
| April 2010 | 5.1% | £168,932 |
| April 2009 | -12.1% | £160,745 |
| April 2008 | 1.2% | £182,792 |
| April 2007 | 0% | £180,591 |
Rental Market Trendsin NE8 2XL
The current average rental value in the postcode is £1,935.
The NE8 2XL Rental Market has increased by 53.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,935pcm |
| April 2025 | 3.7% | £1,888pcm |
| April 2024 | 8.5% | £1,822pcm |
| April 2023 | 11.9% | £1,679pcm |
| April 2022 | 10% | £1,501pcm |
| April 2021 | 2.1% | £1,364pcm |
| April 2020 | 2.4% | £1,336pcm |
| April 2019 | 0.7% | £1,304pcm |
| April 2018 | 0.6% | £1,295pcm |
| April 2017 | 2.4% | £1,288pcm |
| April 2016 | 2.2% | £1,257pcm |
| April 2015 | 2.7% | £1,230pcm |
| April 2014 | 1.8% | £1,198pcm |
| April 2013 | 2.5% | £1,177pcm |
| April 2012 | 0.5% | £1,149pcm |
| April 2011 | 3.3% | £1,143pcm |
| April 2010 | 1.9% | £1,106pcm |
| April 2009 | -1.2% | £1,086pcm |
| April 2008 | 3.6% | £1,099pcm |
| April 2007 | 0% | £1,061pcm |
Explore Propertiesin NE8 2XL, Elysium Lane, Gateshead, NE8
Sales Historyin NE8 2XL
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 sales since 1995.
NE8 2XL has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto NE8 2XL
NE8 2XL is the 94th largest and the 885th most expensive postcode out of the 1,009 postcodes in the NE8 area.
- 37 mNE8 2XJ, Adler Close, Gateshead, NE8NE8 2XJ12 Addresses
- 69 mNE8 2XH, Elysium Lane, Gateshead, NE8NE8 2XH4 Addresses
- 109 mNE8 4XF, Lobley Hill Road, Gateshead, NE8NE8 4XF7 Addresses
- 133 mNE8 1UU, Bensham Road, Gateshead, NE8NE8 1UU1 Addresses
- 140 mNE8 2YL, Temple Green, Gateshead, NE8NE8 2YL32 Addresses
- 149 mNE8 2XB, Sidney Grove, Gateshead, NE8NE8 2XB5 Addresses
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Property Typesin NE8 2XL
- 2 other addresses of unknown type
- Unknown (2)
Energy Efficiencyof properties in NE8 2XL
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The dominant 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 Saleson Elysium Lane
Schools Nearbyto NE8 2XL
The nearest primary school to NE8 2XL is Brighton Avenue Primary School which is 238 metres away.
- 238mBrighton Avenue Primary School
- 356mSt Aidan's Church of England Primary School
- 536mCorpus Christi Catholic Primary School, Gateshead
The nearest secondary school is North East Futures UTC which is 1.7 kilometres away.
- 1.7kmNorth East Futures UTC
- 2.3kmKingsmeadow Community School
- 2.6kmGrace College
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Public Transport Nearbyto NE8 2XL
The closest station to NE8 2XL is Dunston station which is 1.5 kilometres away.
- 1.5kmDunston
- 1.8kmNewcastle
- 2.5kmManors
- 3.1kmMetroCentre
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