Millway - NE9 5PR
Key Postcode Insights
NE9 5PR is a residential postcode situated on Millway, Gateshead, NE9 with 24 addresses.
It ranks as the 894th largest and 299th 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 24 properties: 24 houses.
- Ave. Sale Price
- £104,757
- 10 Year change
- up 34.7%
- Ave. Rental Price
- £689pcm
- 10 Year change
- up 64.7%
- Ave. £ per ft²
- £139/ft²
- Ave. Gross Yield
- 7.9%/year/yr
Key Postcode Insights
NE9 5PR is a residential postcode situated on Millway, Gateshead, NE9 with 24 addresses.
It ranks as the 894th largest and 299th 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 24 properties: 24 houses.
- Ave. Sale Price
- £104,757
- 10 Year change
- up 34.7%
- Ave. Rental Price
- £689pcm
- 10 Year change
- up 64.7%
- Ave. £ per ft²
- £139/ft²
- Ave. Gross Yield
- 7.9%/year/yr
Explore Propertiesin NE9 5PR
- 52 Millway
2 Bed Period House
- 54 Millway
3 Bed Period House
- 56 Millway
3 Bed Period House
- 58 Millway
3 Bed Mid-century House
- 60 Millway
2 Bed Period House
Sales Market Trends
The last sale in NE9 5PR sold for £95,000 on 14th May 2021. Since then prices are up an average of 29.3%.
The current average value in the postcode is £104,757.
The NE9 5PR Sales Market has increased by 34.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £104,757 |
| June 2025 | 2.2% | £102,871 |
| June 2024 | 2.5% | £100,607 |
| June 2023 | 2% | £98,106 |
| June 2022 | 9.1% | £96,212 |
| June 2021 | 4.8% | £88,187 |
| June 2020 | 1.9% | £84,182 |
| June 2019 | 2.4% | £82,639 |
| June 2018 | 0.5% | £80,686 |
| June 2017 | 3.3% | £80,305 |
| June 2016 | 1.1% | £77,757 |
| June 2015 | -0.7% | £76,877 |
| June 2014 | 3.9% | £77,420 |
| June 2013 | 0.4% | £74,539 |
| June 2012 | -3.2% | £74,227 |
| June 2011 | -0.8% | £76,708 |
| June 2010 | -0.5% | £77,317 |
| June 2009 | -10.3% | £77,682 |
| June 2008 | -3.3% | £86,579 |
| June 2007 | 0% | £89,562 |
Rental Market Trends
The current average rental value in the postcode is £689.
The NE9 5PR Rental Market has increased by 64.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £689pcm |
| June 2025 | 5.9% | £663pcm |
| June 2024 | 9.6% | £626pcm |
| June 2023 | 7.5% | £571pcm |
| June 2022 | 12.7% | £532pcm |
| June 2021 | 6.5% | £472pcm |
| June 2020 | 3.5% | £443pcm |
| June 2019 | 0.3% | £428pcm |
| June 2018 | 1% | £427pcm |
| June 2017 | 1.1% | £423pcm |
| June 2016 | 0.3% | £418pcm |
| June 2015 | 0.5% | £417pcm |
| June 2014 | 1.3% | £415pcm |
| June 2013 | -0.1% | £409pcm |
| June 2012 | -1.5% | £410pcm |
| June 2011 | 1.1% | £416pcm |
| June 2010 | 0.2% | £412pcm |
| June 2009 | -6.2% | £411pcm |
| June 2008 | 2% | £438pcm |
| June 2007 | 0% | £429pcm |
Sales History
The last sale was on 14th May 2021 for £95,000 and since then the market in the area has increased by 29.3%. The postcode has had a total of 5 sales since 1995.
NE9 5PR has seen no sales in the last three years and no sales in the last twelve months.
- Sold May 2021£95,000 | 2 Bed House61, Millway, Gateshead, NE9 5PR61, Millway, Gateshead, NE9 5PR
- Sold Nov 2017£74,800 | 2 Bed House61, Millway, Gateshead, NE9 5PR61, Millway, Gateshead, NE9 5PR
- Sold Aug 2014£43,860 | 3 Bed House77, Millway, Gateshead, NE9 5PR77, Millway, Gateshead, NE9 5PR
- Sold Mar 2012£67,000 | 2 Bed House61, Millway, Gateshead, NE9 5PR61, Millway, Gateshead, NE9 5PR
- Sold May 2005£57,000 | 2 Bed House61, Millway, Gateshead, NE9 5PR61, Millway, Gateshead, NE9 5PR
Nearby Postcodes
NE9 5PR is the 894th largest and the 299th most expensive postcode out of the 1,508 postcodes in the NE9 area.
- NE9 5PT, Pattinson Gardens, Carr Hill, Gateshead, NE9NE9 5PT7 Addresses|60 m away
- NE9 5LU, Carr Hill Road, Gateshead, NE9NE9 5LU8 Addresses|66 m away
- NE9 5PZ, Brownsea Place, Gateshead, NE9NE9 5PZ43 Addresses|83 m away
- NE9 5NE, Romford Place, Gateshead, NE9NE9 5NE16 Addresses|85 m away
- NE9 5PG, Mary's Place, Gateshead, NE9NE9 5PG15 Addresses|103 m away
Property Types
- 15 period houses built between 1800 and 1911
- 3 mid-century houses built between 1936 and 1979
- 6 other addresses of unknown type
- period house (15)
- mid-century house (3)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (18)
- No EPC (6)
Top 3 Most Expensive Sales
Schools Nearby
- Carr Hill Community Primary School300 m away
- St Peter's Catholic Primary School, Low Fell800 m away
- Falla Park Community Primary School900 m away
- XP Gateshead1.6 km away
- Cardinal Hume Catholic School, Gateshead1.6 km away
- Heworth Grange School2.3 km away
More reading links
Public Transport Nearby
The closest station to NE9 5PR is Heworth station, which is 2.1 kilometres away.
- Heworth|2.1 km away
- Newcastle|3.0 km away
- Manors|3.0 km away
- Dunston|3.4 km away
