NE8 3FN is a residential postcode situated on Locomotive Way, Gateshead, NE8 with 65 addresses.
It ranks as the 966th largest and 878th most expensive of the 1,009 postcodes in the NE8 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 65 properties: 65 houses.
NE8 3FN is a residential postcode situated on Locomotive Way, Gateshead, NE8 with 65 addresses.
It ranks as the 966th largest and 878th most expensive of the 1,009 postcodes in the NE8 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 65 properties: 65 houses.
Sale prices range from £182,817 for 2 bedroom freehold houses with a garden (656 ft2) to £286,938 for 4 bedroom freehold houses with a garden (1,377 ft2) .
Monthly rental prices range from £1,310 pcm for 2 bed houses to £2,052 pcm for 4 bed houses.
The gross rental yield is between 8.4% and 8.6%.
The average value per square foot is £247.
The last sale in NE8 3FN sold for £146,235 on 28th August 2025. Since then prices are down an average of 1.1%.
The current average value in the postcode is £212,218.
The NE8 3FN Sales Market has increased by 12.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.8% | £212,218 |
| April 2025 | 2.5% | £210,450 |
| April 2024 | -2.4% | £205,274 |
| April 2023 | 4.6% | £210,292 |
| April 2022 | 1.5% | £201,077 |
| April 2021 | 2.7% | £198,145 |
| April 2020 | 0.4% | £192,875 |
| April 2019 | -0.4% | £192,047 |
| April 2018 | 0.4% | £192,845 |
| April 2017 | 1.8% | £192,029 |
| April 2016 | 4.9% | £188,695 |
| April 2015 | 3.2% | £179,954 |
| April 2014 | 5% | £174,411 |
| April 2013 | -1.3% | £166,056 |
| April 2012 | 0.1% | £168,287 |
| April 2011 | 0.9% | £168,144 |
| April 2010 | -0.9% | £166,580 |
| April 2009 | -10.5% | £168,063 |
| April 2008 | -2.7% | £187,720 |
| April 2007 | 0% | £192,932 |
The current average rental value in the postcode is £1,510.
The NE8 3FN Rental Market has increased by 55.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £1,510pcm |
| April 2025 | 4% | £1,471pcm |
| April 2024 | 8.7% | £1,415pcm |
| April 2023 | 11.6% | £1,302pcm |
| April 2022 | 10.5% | £1,167pcm |
| April 2021 | 2.4% | £1,056pcm |
| April 2020 | 2.5% | £1,031pcm |
| April 2019 | 0.6% | £1,006pcm |
| April 2018 | 0.5% | £1,000pcm |
| April 2017 | 2.4% | £995pcm |
| April 2016 | 2.1% | £971pcm |
| April 2015 | 2.4% | £951pcm |
| April 2014 | 1.9% | £929pcm |
| April 2013 | 2.1% | £912pcm |
| April 2012 | 0.1% | £893pcm |
| April 2011 | 3.1% | £892pcm |
| April 2010 | 1.4% | £865pcm |
| April 2009 | -1.5% | £852pcm |
| April 2008 | 3.5% | £865pcm |
| April 2007 | 0% | £835pcm |
The last sale was on 28th August 2025 for £146,235 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 27 sales since 1995.
NE8 3FN has seen 27 sales in the last three years and 13 sales in the last twelve months.
NE8 3FN is the 966th largest and the 878th most expensive postcode out of the 1,009 postcodes in the NE8 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around NE8 3FN, % of property is and % is .
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE8 3FN, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE8 3FN, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE8 3FN, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.