Millway - NE9 5PQ
Key Postcode Insights
NE9 5PQ is a residential postcode situated on Millway, Gateshead, NE9 with 47 addresses.
It ranks as the 1380th largest and 403rd most expensive of the 1,508 postcodes in the NE9 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 47 properties: 26 houses and 21 flats.
- Ave. Sale Price
- £87,494
- 10 Year change
- up 21.3%
- Ave. Rental Price
- £607pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £139/ft²
- Ave. Gross Yield
- 8.3%/year/yr
Key Postcode Insights
NE9 5PQ is a residential postcode situated on Millway, Gateshead, NE9 with 47 addresses.
It ranks as the 1380th largest and 403rd most expensive of the 1,508 postcodes in the NE9 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 47 properties: 26 houses and 21 flats.
- Ave. Sale Price
- £87,494
- 10 Year change
- up 21.3%
- Ave. Rental Price
- £607pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £139/ft²
- Ave. Gross Yield
- 8.3%/year/yr
Explore Propertiesin NE9 5PQ
- St. Bedes House
Period Building | 16 Units
- 1 Millway
3 Bed Modern House
- 2 Millway
3 Bed Period House
- 3 Millway
2 Bed Modern Flat
- 4 Millway
1 Bed Modern Flat
Sales Market Trends
The last sale in NE9 5PQ sold for £120,000 on 6th December 2024. Since then prices are up an average of 2.4%.
The current average value in the postcode is £87,494.
The NE9 5PQ Sales Market has increased by 21.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £87,494 |
| June 2025 | 1.4% | £86,805 |
| June 2024 | 2.9% | £85,647 |
| June 2023 | 1% | £83,238 |
| June 2022 | 7.1% | £82,417 |
| June 2021 | 2.7% | £76,922 |
| June 2020 | 1.1% | £74,882 |
| June 2019 | 1.8% | £74,035 |
| June 2018 | -0.6% | £72,755 |
| June 2017 | 1.5% | £73,201 |
| June 2016 | 0.3% | £72,149 |
| June 2015 | -1.5% | £71,903 |
| June 2014 | 3% | £72,962 |
| June 2013 | -0.7% | £70,830 |
| June 2012 | -3.2% | £71,320 |
| June 2011 | -1% | £73,668 |
| June 2010 | -1.5% | £74,389 |
| June 2009 | -9.7% | £75,499 |
| June 2008 | -4% | £83,611 |
| June 2007 | 0% | £87,107 |
Rental Market Trends
The current average rental value in the postcode is £607.
The NE9 5PQ Rental Market has increased by 48.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £607pcm |
| June 2025 | 5% | £591pcm |
| June 2024 | 10% | £563pcm |
| June 2023 | 6.5% | £512pcm |
| June 2022 | 10.7% | £481pcm |
| June 2021 | 4.4% | £434pcm |
| June 2020 | 2.7% | £416pcm |
| June 2019 | -0.4% | £405pcm |
| June 2018 | -0.1% | £406pcm |
| June 2017 | -0.7% | £407pcm |
| June 2016 | -0.5% | £410pcm |
| June 2015 | -0.2% | £412pcm |
| June 2014 | 0.5% | £413pcm |
| June 2013 | -1.2% | £411pcm |
| June 2012 | -1.5% | £416pcm |
| June 2011 | 0.9% | £422pcm |
| June 2010 | -0.8% | £418pcm |
| June 2009 | -5.6% | £421pcm |
| June 2008 | 1.3% | £447pcm |
| June 2007 | 0% | £441pcm |
Sales History
The last sale was on 6th December 2024 for £120,000 and since then the market in the area has increased by 2.4%. The postcode has had a total of 23 sales since 1995.
NE9 5PQ has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Dec 2024£120,000 | 3 Bed House7, Millway, Gateshead, NE9 5PQ7, Millway, Gateshead, NE9 5PQ
- Sold Feb 2024£100,000 | 3 Bed House48, Millway, Gateshead, NE9 5PQ48, Millway, Gateshead, NE9 5PQ
- Sold Apr 2023£97,500 | 3 Bed House20, Millway, Gateshead, NE9 5PQ20, Millway, Gateshead, NE9 5PQ
- Sold Aug 2022£110,000 | 3 Bed House26, Millway, Gateshead, NE9 5PQ26, Millway, Gateshead, NE9 5PQ
- Sold Jul 2022£123,500 | 3 Bed House24, Millway, Gateshead, NE9 5PQ24, Millway, Gateshead, NE9 5PQ
Nearby Postcodes
NE9 5PQ is the 1380th largest and the 403rd most expensive postcode out of the 1,508 postcodes in the NE9 area.
- NE9 5PE, Millway Close, Gateshead, NE9NE9 5PE5 Addresses|46 m away
- NE9 5JW, Sheriff Mount North, Gateshead, NE9NE9 5JW10 Addresses|59 m away
- NE9 5JX, Sheriff Mount, Gateshead, NE9NE9 5JX9 Addresses|63 m away
- NE9 5JY, Stavordale Terrace, Gateshead, NE9NE9 5JY14 Addresses|79 m away
- NE9 5PG, Mary's Place, Gateshead, NE9NE9 5PG15 Addresses|80 m away
Property Types
- 18 period houses built between 1800 and 1911
- 16 period flats built between 1800 and 1911
- 2 modern houses built after 1980
- 5 modern flats built after 1980
- 4 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- period house (18)
- period flat (16)
- modern house (2)
- modern flat (5)
- mid-century house (4)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 45 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (4)
- F (0)
- C (24)
- G (0)
- D (15)
- No EPC (2)
Top 3 Most Expensive Sales
Schools Nearby
- Carr Hill Community Primary School300 m away
- St Peter's Catholic Primary School, Low Fell600 m away
- Falla Park Community Primary School1.0 km away
- Cardinal Hume Catholic School, Gateshead1.5 km away
- XP Gateshead1.6 km away
- Grace College2.1 km away
More reading links
Public Transport Nearby
The closest station to NE9 5PQ is Heworth station, which is 2.2 kilometres away.
- Heworth|2.2 km away
- Newcastle|3.2 km away
- Manors|3.2 km away
- Dunston|3.4 km away
