Medway Crescent - NE8 3SL
Key Postcode Insights
NE8 3SL is a residential postcode situated on Medway Crescent, Gateshead, NE8 with 50 addresses.
It ranks as the 882nd largest and 490th most expensive of the 1,010 postcodes in the NE8 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 50 properties: 47 houses and 3 flats.
- Ave. Sale Price
- £128,977
- 10 Year change
- up 24.7%
- Ave. Rental Price
- £855pcm
- 10 Year change
- up 55.3%
- Ave. £ per ft²
- £172/ft²
- Ave. Gross Yield
- 8.0%/year/yr
Key Postcode Insights
NE8 3SL is a residential postcode situated on Medway Crescent, Gateshead, NE8 with 50 addresses.
It ranks as the 882nd largest and 490th most expensive of the 1,010 postcodes in the NE8 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 50 properties: 47 houses and 3 flats.
- Ave. Sale Price
- £128,977
- 10 Year change
- up 24.7%
- Ave. Rental Price
- £855pcm
- 10 Year change
- up 55.3%
- Ave. £ per ft²
- £172/ft²
- Ave. Gross Yield
- 8.0%/year/yr
Explore Propertiesin NE8 3SL
- 1 Medway Crescent
2 Bed Early-century House
- 2 Medway Crescent
2 Bed Mid-century House
- 3 Medway Crescent
3 Bed Early-century House
- 4 Medway Crescent
3 Bed Early-century House
- 5 Medway Crescent
3 Bed Early-century House
Sales Market Trends
The last sale in NE8 3SL sold for £125,260 on 14th January 2022. Since then prices are up an average of 13.2%.
The current average value in the postcode is £128,977.
The NE8 3SL Sales Market has increased by 24.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.3% | £128,977 |
| June 2025 | 1.4% | £127,375 |
| June 2024 | 2.1% | £125,678 |
| June 2023 | 2.6% | £123,063 |
| June 2022 | 6.9% | £119,991 |
| June 2021 | 3.5% | £112,243 |
| June 2020 | 1.3% | £108,441 |
| June 2019 | 0.6% | £107,012 |
| June 2018 | 1.5% | £106,375 |
| June 2017 | 1.3% | £104,781 |
| June 2016 | 0.5% | £103,434 |
| June 2015 | -0.3% | £102,912 |
| June 2014 | 2.5% | £103,187 |
| June 2013 | 0.6% | £100,693 |
| June 2012 | -2.7% | £100,073 |
| June 2011 | -2.9% | £102,807 |
| June 2010 | 0% | £105,834 |
| June 2009 | -10.9% | £105,801 |
| June 2008 | -3.4% | £118,683 |
| June 2007 | 0% | £122,899 |
Rental Market Trends
The current average rental value in the postcode is £855.
The NE8 3SL Rental Market has increased by 55.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £855pcm |
| June 2025 | 5.2% | £827pcm |
| June 2024 | 9.7% | £786pcm |
| June 2023 | 7.5% | £717pcm |
| June 2022 | 11.3% | £667pcm |
| June 2021 | 5.2% | £599pcm |
| June 2020 | 3.1% | £570pcm |
| June 2019 | -0.3% | £552pcm |
| June 2018 | 0.5% | £554pcm |
| June 2017 | 0.2% | £551pcm |
| June 2016 | 0% | £550pcm |
| June 2015 | 0% | £551pcm |
| June 2014 | 1% | £551pcm |
| June 2013 | -0.8% | £545pcm |
| June 2012 | -1.2% | £549pcm |
| June 2011 | 1% | £556pcm |
| June 2010 | 0.2% | £551pcm |
| June 2009 | -5.8% | £550pcm |
| June 2008 | 1.4% | £583pcm |
| June 2007 | 0% | £575pcm |
Sales History
The last sale was on 14th January 2022 for £125,260 and since then the market in the area has increased by 13.2%. The postcode has had a total of 3 sales since 1995.
NE8 3SL has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jan 2022£125,260 | 3 Bed House15, Medway Crescent, Gateshead, NE8 3SL15, Medway Crescent, Gateshead, NE8 3SL
- Sold Sep 2019£66,000 | 3 Bed House9, Medway Crescent, Gateshead, NE8 3SL9, Medway Crescent, Gateshead, NE8 3SL
- Sold Aug 2003£18,700 | 3 Bed House9, Medway Crescent, Gateshead, NE8 3SL9, Medway Crescent, Gateshead, NE8 3SL
Nearby Postcodes
NE8 3SL is the 882nd largest and the 490th most expensive postcode out of the 1,010 postcodes in the NE8 area.
- NE8 3SQ, Severn Gardens, Gateshead, NE8NE8 3SQ45 Addresses|57 m away
- NE8 3UA, Split Crow Road, Gateshead, NE8NE8 3UA18 Addresses|58 m away
- NE8 3SN, Medway Crescent, Gateshead, NE8NE8 3SN44 Addresses|98 m away
- NE8 3TY, Split Crow Road, Gateshead, NE8NE8 3TY38 Addresses|112 m away
- NE8 3UP, Bayswater Road, Gateshead, NE8NE8 3UP8 Addresses|140 m away
Property Types
- 16 mid-century houses built between 1936 and 1979
- 21 early-century houses built between 1912 and 1935
- 3 early-century flats built between 1912 and 1935
- 10 other addresses of unknown type
- mid-century house (16)
- early-century house (21)
- early-century flat (3)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 40 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (4)
- F (0)
- C (21)
- G (0)
- D (14)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Jan 2022£125,260 | 3 Bed House15, Medway Crescent, Gateshead, NE8 3SL15, Medway Crescent, Gateshead, NE8 3SL
- Sold Feb 2023£93,000 | 3 Bed House55, Medway Crescent, Gateshead, NE8 3SN55, Medway Crescent, Gateshead, NE8 3SN
- Sold Mar 2020£79,000 | 3 Bed House118, Medway Crescent, Gateshead, NE8 3SN118, Medway Crescent, Gateshead, NE8 3SN
Schools Nearby
- Carr Hill Community Primary School600 m away
- Bede Community Primary School700 m away
- St Wilfrid's Catholic Primary School, Gateshead700 m away
- XP Gateshead1.7 km away
- Cardinal Hume Catholic School, Gateshead2.0 km away
- Heworth Grange School2.2 km away
More reading links
Public Transport Nearby
The closest station to NE8 3SL is Heworth station, which is 1.9 kilometres away.
- Heworth|1.9 km away
- Manors|2.7 km away
- Newcastle|2.7 km away
- Dunston|3.5 km away
