Avenue Road - NE8 4JE
Key Postcode Insights
NE8 4JE is a residential postcode situated on Avenue Road, Gateshead, NE8 with 38 addresses.
It ranks as the 775th largest and 337th most expensive of the 1,010 postcodes in the NE8 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 38 properties: 1 house and 37 flats.
- Ave. Sale Price
- £114,941
- 10 Year change
- up 17.9%
- Ave. Rental Price
- £884pcm
- 10 Year change
- up 49.3%
- Ave. £ per ft²
- £127/ft²
- Ave. Gross Yield
- 9.2%/year/yr
Key Postcode Insights
NE8 4JE is a residential postcode situated on Avenue Road, Gateshead, NE8 with 38 addresses.
It ranks as the 775th largest and 337th most expensive of the 1,010 postcodes in the NE8 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 38 properties: 1 house and 37 flats.
- Ave. Sale Price
- £114,941
- 10 Year change
- up 17.9%
- Ave. Rental Price
- £884pcm
- 10 Year change
- up 49.3%
- Ave. £ per ft²
- £127/ft²
- Ave. Gross Yield
- 9.2%/year/yr
Explore Propertiesin NE8 4JE
- 52 Avenue Road
2 Bed Period Flat
- 54 Avenue Road
Flat
- 56-58 Avenue Road
5 Bed Period House
- 60 Avenue Road
3 Bed Period Flat
- 62 Avenue Road
2 Bed Period Flat
Sales Market Trends
The last sale in NE8 4JE sold for £150,000 on 17th May 2024. Since then prices are up an average of 1.0%.
The current average value in the postcode is £114,941.
The NE8 4JE Sales Market has increased by 17.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £114,941 |
| June 2025 | 0% | £113,865 |
| June 2024 | 1.3% | £113,882 |
| June 2023 | 3.8% | £112,430 |
| June 2022 | 4.4% | £108,304 |
| June 2021 | 2.4% | £103,749 |
| June 2020 | 1.2% | £101,308 |
| June 2019 | -0.7% | £100,109 |
| June 2018 | 3.2% | £100,844 |
| June 2017 | 0.2% | £97,742 |
| June 2016 | 0.5% | £97,517 |
| June 2015 | 1.2% | £97,070 |
| June 2014 | 1.5% | £95,881 |
| June 2013 | 1.7% | £94,454 |
| June 2012 | -2.2% | £92,907 |
| June 2011 | -3.8% | £95,005 |
| June 2010 | 2.3% | £98,754 |
| June 2009 | -10.6% | £96,546 |
| June 2008 | -3.4% | £107,952 |
| June 2007 | 0% | £111,707 |
Rental Market Trends
The current average rental value in the postcode is £884.
The NE8 4JE Rental Market has increased by 49.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £884pcm |
| June 2025 | 4.1% | £857pcm |
| June 2024 | 9.2% | £823pcm |
| June 2023 | 8% | £753pcm |
| June 2022 | 9.5% | £697pcm |
| June 2021 | 4% | £637pcm |
| June 2020 | 3.2% | £612pcm |
| June 2019 | -0.4% | £593pcm |
| June 2018 | 0.6% | £595pcm |
| June 2017 | 0% | £592pcm |
| June 2016 | 0.2% | £592pcm |
| June 2015 | 0.6% | £590pcm |
| June 2014 | 1% | £587pcm |
| June 2013 | -0.7% | £581pcm |
| June 2012 | -1.1% | £585pcm |
| June 2011 | 1.9% | £591pcm |
| June 2010 | 2% | £580pcm |
| June 2009 | -4.4% | £569pcm |
| June 2008 | 1% | £595pcm |
| June 2007 | 0% | £589pcm |
Sales History
The last sale was on 17th May 2024 for £150,000 and since then the market in the area has increased by 1.0%. The postcode has had a total of 37 sales since 1995.
NE8 4JE has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold May 2024£150,000 | 3 Bed Flat90, Avenue Road, Gateshead, NE8 4JE90, Avenue Road, Gateshead, NE8 4JE
- Sold Feb 2024£118,500 | 3 Bed Flat100, Avenue Road, Gateshead, NE8 4JE100, Avenue Road, Gateshead, NE8 4JE
- Sold Nov 2023£111,000 | 3 Bed Flat92, Avenue Road, Gateshead, NE8 4JE92, Avenue Road, Gateshead, NE8 4JE
- Sold Jun 2023£165,000 | 3 Bed Flat94, Avenue Road, Gateshead, NE8 4JE94, Avenue Road, Gateshead, NE8 4JE
- Sold Jun 2021£135,000 | 3 Bed Flat112, Avenue Road, Gateshead, NE8 4JE112, Avenue Road, Gateshead, NE8 4JE
Nearby Postcodes
NE8 4JE is the 775th largest and the 337th most expensive postcode out of the 1,010 postcodes in the NE8 area.
- NE8 4JY, Rodsley Avenue, Gateshead, NE8NE8 4JY76 Addresses|48 m away
- NE8 4JH, Avenue Road, Gateshead, NE8NE8 4JH34 Addresses|57 m away
- NE8 4JL, Silverdale Terrace, Gateshead, NE8NE8 4JL39 Addresses|73 m away
- NE8 4JP, Cotterdale Avenue, Gateshead, NE8NE8 4JP12 Addresses|91 m away
- NE8 4JN, Edendale Terrace, Gateshead, NE8NE8 4JN13 Addresses|97 m away
Property Types
- 1 period house built between 1800 and 1911
- 29 period flats built between 1800 and 1911
- 1 flat of an unknown age
- 7 other addresses of unknown type
- period house (1)
- period flat (29)
- flat (1)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 31 properties.
- The most common rating is D.
- A (0)
- E (8)
- B (0)
- F (1)
- C (6)
- G (0)
- D (16)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Dec 2019£237,500 | 3 Bed Flat149, Avenue Road, Gateshead, NE8 4JH149, Avenue Road, Gateshead, NE8 4JH
- Sold Dec 2021£198,400 | 4 Bed House44, Avenue Road, Gateshead, NE8 4JD44, Avenue Road, Gateshead, NE8 4JD
- Sold Jun 2010£188,000 | 4 Bed House34, Avenue Road, Gateshead, NE8 4JD34, Avenue Road, Gateshead, NE8 4JD
Schools Nearby
- Caedmon Community Primary School500 m away
- South Street Community Primary School500 m away
- Kelvin Grove Community Primary School500 m away
- Grace College2.2 km away
- North East Futures UTC2.2 km away
- Cardinal Hume Catholic School, Gateshead2.3 km away
More reading links
Public Transport Nearby
The closest station to NE8 4JE is Newcastle station, which is 2.4 kilometres away.
- Newcastle|2.4 km away
- Dunston|2.5 km away
- Manors|2.7 km away
- Heworth|3.0 km away
