Locomotive Way - NE8 3FN
Key Street Insights
Locomotive Way is a residential street with 68 addresses.
It ranks as the 603rd largest and 599th most expensive of the 690 streets in the NE8 area. The most common property type is a modern house built after 1980.
The street contains a total of 68 properties: 68 houses.
- Ave. Sale Price
- £214,783
- 10 Year change
- up 24.5%
- Ave. Rental Price
- £1,101pcm
- 10 Year change
- up 57.9%
- Ave. £ per ft²
- £250/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Street Insights
Locomotive Way is a residential street with 68 addresses.
It ranks as the 603rd largest and 599th most expensive of the 690 streets in the NE8 area. The most common property type is a modern house built after 1980.
The street contains a total of 68 properties: 68 houses.
- Ave. Sale Price
- £214,783
- 10 Year change
- up 24.5%
- Ave. Rental Price
- £1,101pcm
- 10 Year change
- up 57.9%
- Ave. £ per ft²
- £250/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertieson Locomotive Way, Gateshead, NE8
- 1 Locomotive Way
3 Bed Modern House
- 2 Locomotive Way
4 Bed Modern House
- 3 Locomotive Way
2 Bed Modern House
- 4 Locomotive Way
3 Bed Modern House
- 5 Locomotive Way
2 Bed Modern House
Sales Market Trends
The last sale on Locomotive Way sold for £146,235 on 28th August 2025. Since then prices are up an average of 0.8%.
The current average value in the street is £214,783.
The Locomotive Way Sales Market has increased by 24.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.7% | £214,783 |
| June 2025 | 0.8% | £213,293 |
| June 2024 | 1% | £211,570 |
| June 2023 | 4.5% | £209,466 |
| June 2022 | 5.6% | £200,389 |
| June 2021 | 3% | £189,725 |
| June 2020 | 1.4% | £184,126 |
| June 2019 | 0.2% | £181,608 |
| June 2018 | 3.7% | £181,198 |
| June 2017 | 1.3% | £174,754 |
| June 2016 | 1.2% | £172,545 |
| June 2015 | 2.5% | £170,425 |
| June 2014 | 2.1% | £166,301 |
| June 2013 | 2.1% | £162,861 |
| June 2012 | -1.4% | £159,519 |
| June 2011 | -2.8% | £161,798 |
| June 2010 | 4.8% | £166,534 |
| June 2009 | -8.8% | £158,901 |
| June 2008 | -2.1% | £174,255 |
| June 2007 | 0% | £178,064 |
Rental Market Trends
The current average rental value in the street is £1,101.
The Locomotive Way Rental Market has increased by 57.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,101pcm |
| June 2025 | 4.6% | £1,070pcm |
| June 2024 | 9.1% | £1,023pcm |
| June 2023 | 9.2% | £937pcm |
| June 2022 | 10.7% | £858pcm |
| June 2021 | 4.7% | £776pcm |
| June 2020 | 3.3% | £741pcm |
| June 2019 | 0.4% | £717pcm |
| June 2018 | 1.4% | £715pcm |
| June 2017 | 1% | £704pcm |
| June 2016 | 1% | £697pcm |
| June 2015 | 1.8% | £691pcm |
| June 2014 | 1.5% | £679pcm |
| June 2013 | 0% | £669pcm |
| June 2012 | -0.1% | £668pcm |
| June 2011 | 2.6% | £669pcm |
| June 2010 | 4.5% | £652pcm |
| June 2009 | -2.7% | £624pcm |
| June 2008 | 2.4% | £641pcm |
| June 2007 | 0% | £626pcm |
Sales History
The last sale was on 28th August 2025 for £146,235 and since then the market in the area has increased by 0.8%. The street has had a total of 27 sales since 1995.
Locomotive Way, Gateshead, NE8 has seen 27 sales in the last three years and 6 sales in the last twelve months.
- Sold Aug 2025£146,235 | 3 Bed House44, Locomotive Way, Gateshead, NE8 3FN44, Locomotive Way, Gateshead, NE8 3FN
- Sold Aug 2025£116,956 | 3 Bed House46, Locomotive Way, Gateshead, NE8 3FN46, Locomotive Way, Gateshead, NE8 3FN
- Sold Aug 2025£116,956 | 3 Bed House48, Locomotive Way, Gateshead, NE8 3FN48, Locomotive Way, Gateshead, NE8 3FN
- Sold Aug 2025£146,235 | 3 Bed House50, Locomotive Way, Gateshead, NE8 3FN50, Locomotive Way, Gateshead, NE8 3FN
- Sold Aug 2025£146,235 | 3 Bed House40, Locomotive Way, Gateshead, NE8 3FN40, Locomotive Way, Gateshead, NE8 3FN
Top 3 Most Expensive Sales
- Sold Mar 2025£334,995 | 4 Bed House2, Locomotive Way, Gateshead, NE8 3FN2, Locomotive Way, Gateshead, NE8 3FN
- Sold Jun 2025£269,995 | 4 Bed House34, Locomotive Way, Gateshead, NE8 3FN34, Locomotive Way, Gateshead, NE8 3FN
- Sold May 2025£264,995 | 4 Bed House28, Locomotive Way, Gateshead, NE8 3FN28, Locomotive Way, Gateshead, NE8 3FN
Nearby Streets
Locomotive Way, Gateshead, NE8 is the 603rd largest and the 599th most expensive street in the NE8 area.
- Chaucer Close, Gateshead, NE8133 Addresses|164 m away
- Rennison Close, Gateshead, NE816 Addresses|194 m away
- Grand Central Way, Gateshead, NE841 Addresses|205 m away
- Park Road, Gateshead, NE81 Addresses|242 m away
- Engine Close, Gateshead, NE87 Addresses|271 m away
- Blake Walk, Gateshead, NE839 Addresses|281 m away
Property Types
- 68 modern houses built after 1980
- modern house (68)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 68 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (68)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- Bede Community Primary School700 m away
- St Wilfrid's Catholic Primary School, Gateshead700 m away
- St Joseph's Catholic Primary School, Gateshead800 m away
- North East Futures UTC1.7 km away
- XP Gateshead2.6 km away
- Heworth Grange School2.9 km away
More reading links
Public Transport Nearby
The closest station to Locomotive Way, Gateshead, NE8 - NE8 3FN is Manors station, which is 1.6 kilometres away.
- Manors|1.6 km away
- Newcastle|1.8 km away
- Heworth|2.5 km away
