NE8 3HX is a residential postcode situated on Sunderland Road, Gateshead, NE8 with 89 addresses.
It ranks as the 1001st largest and 467th 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 89 properties: 89 flats.
NE8 3HX is a residential postcode situated on Sunderland Road, Gateshead, NE8 with 89 addresses.
It ranks as the 1001st largest and 467th 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 89 properties: 89 flats.
Sale prices range from £127,498 for 1 bedroom leasehold flats (409 ft2) to £163,225 for 2 bedroom leasehold flats (645 ft2) .
Monthly rental prices range from £886 pcm for 1 bed flats to £1,141 pcm for 2 bed flats.
The gross rental yield is between 8.3% and 8.5%.
The average value per square foot is £308.
The last sale in NE8 3HX sold for £130,000 on 5th September 2024. Since then prices are down an average of 0.3%.
The current average value in the postcode is £134,351.
The NE8 3HX Sales Market has increased by 9.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.1% | £134,351 |
| April 2025 | -0.1% | £134,158 |
| April 2024 | 0.9% | £134,312 |
| April 2023 | 3.5% | £133,131 |
| April 2022 | 2.4% | £128,570 |
| April 2021 | 1.5% | £125,612 |
| April 2020 | 0.5% | £123,738 |
| April 2019 | -1.2% | £123,161 |
| April 2018 | 0.6% | £124,646 |
| April 2017 | 0.6% | £123,853 |
| April 2016 | 0.4% | £123,098 |
| April 2015 | 1.1% | £122,660 |
| April 2014 | 1.6% | £121,275 |
| April 2013 | -0.7% | £119,395 |
| April 2012 | -0.5% | £120,206 |
| April 2011 | -4.2% | £120,860 |
| April 2010 | 0.3% | £126,168 |
| April 2009 | -13.1% | £125,829 |
| April 2008 | -1.2% | £144,801 |
| April 2007 | 0% | £146,624 |
The current average rental value in the postcode is £939.
The NE8 3HX Rental Market has increased by 37.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £939pcm |
| April 2025 | 3.3% | £920pcm |
| April 2024 | 9.5% | £891pcm |
| April 2023 | 8.5% | £814pcm |
| April 2022 | 8.6% | £750pcm |
| April 2021 | 0.5% | £691pcm |
| April 2020 | 2.2% | £687pcm |
| April 2019 | -0.9% | £673pcm |
| April 2018 | -1.7% | £678pcm |
| April 2017 | 1.2% | £691pcm |
| April 2016 | 0.9% | £682pcm |
| April 2015 | 1.3% | £676pcm |
| April 2014 | 0.8% | £668pcm |
| April 2013 | -0.9% | £662pcm |
| April 2012 | -0.9% | £668pcm |
| April 2011 | 2.7% | £674pcm |
| April 2010 | -1.8% | £656pcm |
| April 2009 | -3% | £668pcm |
| April 2008 | 1.8% | £689pcm |
| April 2007 | 0% | £677pcm |
The last sale was on 5th September 2024 for £130,000 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 172 sales since 1995.
NE8 3HX has seen 82 sales in the last three years and no sales in the last twelve months.
NE8 3HX is the 1001st largest and the 467th most expensive postcode out of the 1,009 postcodes in the NE8 area.
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