Foster Drive - NE8 3JG
Key Postcode Insights
NE8 3JG is a residential postcode situated on Foster Drive, Gateshead, NE8 with 57 addresses.
It ranks as the 928th largest and 283rd most expensive of the 1,010 postcodes in the NE8 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 57 properties: 14 houses and 43 flats.
- Ave. Sale Price
- £123,930
- 10 Year change
- up 18.3%
- Ave. Rental Price
- £853pcm
- 10 Year change
- up 49.6%
- Ave. £ per ft²
- £161/ft²
- Ave. Gross Yield
- 8.3%/year/yr
Key Postcode Insights
NE8 3JG is a residential postcode situated on Foster Drive, Gateshead, NE8 with 57 addresses.
It ranks as the 928th largest and 283rd most expensive of the 1,010 postcodes in the NE8 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 57 properties: 14 houses and 43 flats.
- Ave. Sale Price
- £123,930
- 10 Year change
- up 18.3%
- Ave. Rental Price
- £853pcm
- 10 Year change
- up 49.6%
- Ave. £ per ft²
- £161/ft²
- Ave. Gross Yield
- 8.3%/year/yr
Explore Propertiesin NE8 3JG
- 2 Foster Drive
4 Bed Modern House
- 4 Foster Drive
4 Bed Modern House
- 6 Foster Drive
4 Bed Modern House
- 8 Foster Drive
3 Bed Flat
- 10 Foster Drive
2 Bed Modern Flat
Sales Market Trends
The last sale in NE8 3JG sold for £87,000 on 15th January 2025. Since then prices are up an average of 1.6%.
The current average value in the postcode is £123,930.
The NE8 3JG Sales Market has increased by 18.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £123,930 |
| June 2025 | 1.1% | £122,966 |
| June 2024 | 1.5% | £121,628 |
| June 2023 | 2.8% | £119,865 |
| June 2022 | 5% | £116,574 |
| June 2021 | 2.3% | £111,026 |
| June 2020 | 1.3% | £108,537 |
| June 2019 | 0% | £107,121 |
| June 2018 | 1.9% | £107,154 |
| June 2017 | 0.4% | £105,125 |
| June 2016 | 0.9% | £104,716 |
| June 2015 | 1.4% | £103,796 |
| June 2014 | 2% | £102,411 |
| June 2013 | 1.1% | £100,401 |
| June 2012 | -2.2% | £99,285 |
| June 2011 | -3% | £101,562 |
| June 2010 | 2.2% | £104,695 |
| June 2009 | -10.2% | £102,444 |
| June 2008 | -3.5% | £114,022 |
| June 2007 | 0% | £118,216 |
Rental Market Trends
The current average rental value in the postcode is £853.
The NE8 3JG Rental Market has increased by 49.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £853pcm |
| June 2025 | 4.5% | £828pcm |
| June 2024 | 9.6% | £793pcm |
| June 2023 | 7.8% | £723pcm |
| June 2022 | 9.8% | £670pcm |
| June 2021 | 4% | £611pcm |
| June 2020 | 3% | £587pcm |
| June 2019 | -0.3% | £570pcm |
| June 2018 | 0.3% | £572pcm |
| June 2017 | -0.1% | £570pcm |
| June 2016 | 0.5% | £570pcm |
| June 2015 | 0.8% | £568pcm |
| June 2014 | 1.1% | £563pcm |
| June 2013 | -0.5% | £557pcm |
| June 2012 | -0.8% | £560pcm |
| June 2011 | 1.8% | £564pcm |
| June 2010 | 2% | £554pcm |
| June 2009 | -4.5% | £543pcm |
| June 2008 | 1.1% | £569pcm |
| June 2007 | 0% | £562pcm |
Sales History
The last sale was on 15th January 2025 for £87,000 and since then the market in the area has increased by 1.6%. The postcode has had a total of 122 sales since 1995.
NE8 3JG has seen 10 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2025£87,000 | 2 Bed Flat66, Foster Drive, Gateshead, NE8 3JG66, Foster Drive, Gateshead, NE8 3JG
- Sold Sep 2024£85,000 | 2 Bed Flat18, Foster Drive, Gateshead, NE8 3JG18, Foster Drive, Gateshead, NE8 3JG
- Sold Aug 2024£90,000 | 2 Bed Flat72, Foster Drive, Gateshead, NE8 3JG72, Foster Drive, Gateshead, NE8 3JG
- Sold Dec 2023£210,000 | 4 Bed House24, Foster Drive, Gateshead, NE8 3JG24, Foster Drive, Gateshead, NE8 3JG
- Sold Dec 2023£91,000 | 2 Bed Flat68, Foster Drive, Gateshead, NE8 3JG68, Foster Drive, Gateshead, NE8 3JG
Nearby Postcodes
NE8 3JG is the 928th largest and the 283rd most expensive postcode out of the 1,010 postcodes in the NE8 area.
- NE8 3JF, Renforth Close, Gateshead, NE8NE8 3JF29 Addresses|35 m away
- NE8 3JA, Foster Drive, Gateshead, NE8NE8 3JA47 Addresses|40 m away
- NE8 3JB, Renforth Close, Gateshead, NE8NE8 3JB33 Addresses|62 m away
- NE8 3JE, Redgrave Close, Gateshead, NE8NE8 3JE46 Addresses|70 m away
- NE8 3JH, Ovett Gardens, Gateshead, NE8NE8 3JH66 Addresses|79 m away
Property Types
- 12 modern houses built after 1980
- 39 modern flats built after 1980
- 1 mid-century flat built between 1936 and 1979
- 1 flat of an unknown age
- 4 other addresses of unknown type
- modern house (12)
- modern flat (39)
- mid-century flat (1)
- flat (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 52 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (12)
- F (0)
- C (39)
- G (0)
- D (0)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Aug 2018£360,000 | 3 Bed House69, Foster Drive, Gateshead, NE8 3JA69, Foster Drive, Gateshead, NE8 3JA
- Sold Feb 2023£280,000 | 3 Bed House69, Foster Drive, Gateshead, NE8 3JA69, Foster Drive, Gateshead, NE8 3JA
- Sold Feb 2022£235,000 | 3 Bed House57, Foster Drive, Gateshead, NE8 3JA57, Foster Drive, Gateshead, NE8 3JA
Schools Nearby
- Bede Community Primary School400 m away
- St Wilfrid's Catholic Primary School, Gateshead400 m away
- South Street Community Primary School1.1 km away
- North East Futures UTC2.1 km away
- XP Gateshead2.3 km away
- Heworth Grange School2.6 km away
More reading links
Public Transport Nearby
The closest station to NE8 3JG is Manors station, which is 1.9 kilometres away.
- Manors|1.9 km away
- Heworth|2.1 km away
- Newcastle|2.2 km away
- Dunston|3.7 km away
