Old Durham Road - NE9 5LB
Key Postcode Insights
NE9 5LB is a residential postcode situated on Old Durham Road, Gateshead, NE9 with 37 addresses.
It ranks as the 1230th largest and 208th most expensive of the 1,508 postcodes in the NE9 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 37 properties: 30 flats and 7 other properties.
- Ave. Sale Price
- £90,261
- 10 Year change
- up 15.6%
- Ave. Rental Price
- £719pcm
- 10 Year change
- up 44.9%
- Ave. £ per ft²
- £124/ft²
- Ave. Gross Yield
- 9.6%/year/yr
Key Postcode Insights
NE9 5LB is a residential postcode situated on Old Durham Road, Gateshead, NE9 with 37 addresses.
It ranks as the 1230th largest and 208th most expensive of the 1,508 postcodes in the NE9 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 37 properties: 30 flats and 7 other properties.
- Ave. Sale Price
- £90,261
- 10 Year change
- up 15.6%
- Ave. Rental Price
- £719pcm
- 10 Year change
- up 44.9%
- Ave. £ per ft²
- £124/ft²
- Ave. Gross Yield
- 9.6%/year/yr
Explore Properties in NE9 5LB
- 377 Old Durham Road
3 Bed Period Flat
- 379 Old Durham Road
3 Bed Period Flat
- 381 Old Durham Road
2 Bed Period Flat
- 383 Old Durham Road
2 Bed Period Flat
- 385 Old Durham Road
2 Bed Period Flat
Sales Market Trends
The last sale in NE9 5LB sold for £106,000 on 6th February 2025. Since then prices are up an average of 1.6%.
The current average value in the postcode is £90,261.
The NE9 5LB Sales Market has increased by 15.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £90,261 |
| June 2025 | -0.1% | £89,275 |
| June 2024 | 2% | £89,345 |
| June 2023 | 2.5% | £87,589 |
| June 2022 | 4.4% | £85,433 |
| June 2021 | 2% | £81,829 |
| June 2020 | 1.2% | £80,210 |
| June 2019 | -0.4% | £79,241 |
| June 2018 | 1.7% | £79,583 |
| June 2017 | 0.3% | £78,275 |
| June 2016 | -0.1% | £78,074 |
| June 2015 | -0.1% | £78,133 |
| June 2014 | 1.7% | £78,199 |
| June 2013 | 0.8% | £76,916 |
| June 2012 | -2.8% | £76,319 |
| June 2011 | -3.1% | £78,507 |
| June 2010 | -0.1% | £80,992 |
| June 2009 | -10.7% | £81,037 |
| June 2008 | -4.3% | £90,757 |
| June 2007 | 0% | £94,827 |
Rental Market Trends
The current average rental value in the postcode is £719.
The NE9 5LB Rental Market has increased by 44.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £719pcm |
| June 2025 | 3.8% | £696pcm |
| June 2024 | 9.7% | £670pcm |
| June 2023 | 7.1% | £611pcm |
| June 2022 | 9% | £570pcm |
| June 2021 | 3.6% | £523pcm |
| June 2020 | 3.1% | £505pcm |
| June 2019 | -0.8% | £489pcm |
| June 2018 | 0% | £493pcm |
| June 2017 | -0.5% | £493pcm |
| June 2016 | -0.5% | £496pcm |
| June 2015 | -0.2% | £498pcm |
| June 2014 | 0.6% | £499pcm |
| June 2013 | -1% | £496pcm |
| June 2012 | -1.5% | £501pcm |
| June 2011 | 1.5% | £509pcm |
| June 2010 | -0.1% | £501pcm |
| June 2009 | -5.2% | £502pcm |
| June 2008 | 0.3% | £529pcm |
| June 2007 | 0% | £527pcm |
Sales History
The last recorded sale was on 6th February 2025 for £106,000 and since then the market in the area has increased by 1.6%.
NE9 5LB has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Feb 2025£106,000 | 2 Bed Flat393, Old Durham Road, Gateshead, NE9 5LB393, Old Durham Road, Gateshead, NE9 5LB
- Sold Apr 2024£80,000 | 2 Bed Flat383, Old Durham Road, Gateshead, NE9 5LB383, Old Durham Road, Gateshead, NE9 5LB
- Sold Feb 2024£89,000 | 2 Bed Flat449, Old Durham Road, Gateshead, NE9 5LB449, Old Durham Road, Gateshead, NE9 5LB
Nearby Postcodes
NE9 5LB is the 1230th largest and the 208th most expensive postcode out of the 1,508 postcodes in the NE9 area.
- NE9 5LE, Kitchener Street, Gateshead, NE9NE9 5LE34 Addresses|60 m away
- NE9 5LD, Baden Powell Street, Gateshead, NE9NE9 5LD42 Addresses|62 m away
- NE9 5LH, Mafeking Street, Gateshead, NE9NE9 5LH25 Addresses|73 m away
- NE9 5JY, Stavordale Terrace, Gateshead, NE9NE9 5JY14 Addresses|87 m away
- NE9 5EB, Valley Gardens, Gateshead, NE9NE9 5EB21 Addresses|106 m away
Property Types
- 30 period flats built between 1800 and 1911
- 7 other addresses of unknown type
- period flat (30)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 30 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (0)
- F (0)
- C (14)
- G (0)
- D (13)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Jun 2021£333,500 | 4 Bed House498, Old Durham Road, Gateshead, NE9 5DR498, Old Durham Road, Gateshead, NE9 5DR
- Sold Oct 2024£330,000 | 4 Bed House474, Old Durham Road, Gateshead, NE9 5DR474, Old Durham Road, Gateshead, NE9 5DR
- Sold Aug 2024£294,500 | 3 Bed House478, Old Durham Road, Gateshead, NE9 5DR478, Old Durham Road, Gateshead, NE9 5DR
Schools Nearby
- Carr Hill Community Primary School500 m away
- St Peter's Catholic Primary School, Low Fell700 m away
- South Street Community Primary School700 m away
- Cardinal Hume Catholic School, Gateshead1.8 km away
- XP Gateshead1.9 km away
- Grace College2.2 km away
More reading links
Public Transport Nearby
The closest station to NE9 5LB is Heworth station, which is 2.4 kilometres away.
- Heworth|2.4 km away
- Newcastle|2.8 km away
- Manors|3.0 km away
- Dunston|3.2 km away