Wallace Gardens - NE9 7BS
Key Postcode Insights
NE9 7BS is a residential postcode situated on Wallace Gardens, Gateshead, NE9 with 42 addresses.
It ranks as the 1331st largest and 41st most expensive of the 1,508 postcodes in the NE9 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 42 properties: 11 houses and 31 flats.
- Ave. Sale Price
- £68,114
- 10 Year change
- up 21.4%
- Ave. Rental Price
- £518pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £101/ft²
- Ave. Gross Yield
- 9.1%/year/yr
Key Postcode Insights
NE9 7BS is a residential postcode situated on Wallace Gardens, Gateshead, NE9 with 42 addresses.
It ranks as the 1331st largest and 41st most expensive of the 1,508 postcodes in the NE9 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 42 properties: 11 houses and 31 flats.
- Ave. Sale Price
- £68,114
- 10 Year change
- up 21.4%
- Ave. Rental Price
- £518pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £101/ft²
- Ave. Gross Yield
- 9.1%/year/yr
Explore Propertiesin NE9 7BS
- 1 Wallace Gardens
3 Bed Mid-century Flat
- 3 Wallace Gardens
2 Bed Early-century Flat
- 5 Wallace Gardens
3 Bed Early-century Flat
- 7 Wallace Gardens
2 Bed Mid-century Flat
- 9 Wallace Gardens
3 Bed Early-century Flat
Sales Market Trends
The last sale in NE9 7BS sold for £67,000 on 24th November 2016. Since then prices are up an average of 0.3%.
The current average value in the postcode is £68,114.
The NE9 7BS Sales Market has increased by 21.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £68,114 |
| June 2025 | 1.4% | £67,604 |
| June 2024 | 3% | £66,662 |
| June 2023 | 0.8% | £64,708 |
| June 2022 | 7.3% | £64,180 |
| June 2021 | 2.8% | £59,804 |
| June 2020 | 1.1% | £58,203 |
| June 2019 | 1.9% | £57,561 |
| June 2018 | -0.9% | £56,477 |
| June 2017 | 1.5% | £56,988 |
| June 2016 | 0.2% | £56,120 |
| June 2015 | -1.8% | £55,981 |
| June 2014 | 3% | £56,990 |
| June 2013 | -0.9% | £55,306 |
| June 2012 | -3.3% | £55,812 |
| June 2011 | -0.8% | £57,722 |
| June 2010 | -1.8% | £58,176 |
| June 2009 | -9.7% | £59,268 |
| June 2008 | -4.1% | £65,635 |
| June 2007 | 0% | £68,436 |
Rental Market Trends
The current average rental value in the postcode is £518.
The NE9 7BS Rental Market has increased by 47.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £518pcm |
| June 2025 | 4.9% | £504pcm |
| June 2024 | 10% | £480pcm |
| June 2023 | 6.4% | £436pcm |
| June 2022 | 10.7% | £410pcm |
| June 2021 | 4.4% | £370pcm |
| June 2020 | 2.6% | £355pcm |
| June 2019 | -0.4% | £346pcm |
| June 2018 | -0.2% | £347pcm |
| June 2017 | -0.7% | £348pcm |
| June 2016 | -0.7% | £350pcm |
| June 2015 | -0.4% | £353pcm |
| June 2014 | 0.4% | £354pcm |
| June 2013 | -1.3% | £353pcm |
| June 2012 | -1.5% | £357pcm |
| June 2011 | 0.8% | £363pcm |
| June 2010 | -1.1% | £360pcm |
| June 2009 | -5.8% | £364pcm |
| June 2008 | 1.3% | £386pcm |
| June 2007 | 0% | £381pcm |
Sales History
The last sale was on 24th November 2016 for £67,000 and since then the market in the area has increased by 0.3%. The postcode has had a total of 4 sales since 1995.
NE9 7BS has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2016£67,000 | 3 Bed House49, Wallace Gardens, Gateshead, NE9 7BS49, Wallace Gardens, Gateshead, NE9 7BS
- Sold Jun 2007£89,950 | 3 Bed House49, Wallace Gardens, Gateshead, NE9 7BS49, Wallace Gardens, Gateshead, NE9 7BS
- Sold Feb 2006£67,000 | 3 Bed House49, Wallace Gardens, Gateshead, NE9 7BS49, Wallace Gardens, Gateshead, NE9 7BS
- Sold Nov 2004£19,440 | 2 Bed Flat57, Wallace Gardens, Gateshead, NE9 7BS57, Wallace Gardens, Gateshead, NE9 7BS
Nearby Postcodes
NE9 7BS is the 1331st largest and the 41st most expensive postcode out of the 1,508 postcodes in the NE9 area.
- NE9 7BT, Wallace Gardens, Gateshead, NE9NE9 7BT39 Addresses|43 m away
- NE9 7AN, Lanchester Avenue, Gateshead, NE9NE9 7AN60 Addresses|121 m away
- NE9 7BU, Aycliffe Avenue, Gateshead, NE9NE9 7BU48 Addresses|126 m away
- NE9 7DA, Medomsley Gardens, Gateshead, NE9NE9 7DA6 Addresses|274 m away
- NE9 7BX, Aycliffe Avenue, Gateshead, NE9NE9 7BX42 Addresses|295 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 22 mid-century flats built between 1936 and 1979
- 7 early-century flats built between 1912 and 1935
- 8 other addresses of unknown type
- mid-century house (5)
- mid-century flat (22)
- early-century flat (7)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 34 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (28)
- G (0)
- D (6)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Nov 2024£110,000 | 3 Bed House87, Wallace Gardens, Gateshead, NE9 7BT87, Wallace Gardens, Gateshead, NE9 7BT
- Sold Apr 2007£95,000 | 3 Bed House119, Wallace Gardens, Gateshead, NE9 7BT119, Wallace Gardens, Gateshead, NE9 7BT
- Sold Jun 2007£89,950 | 3 Bed House49, Wallace Gardens, Gateshead, NE9 7BS49, Wallace Gardens, Gateshead, NE9 7BS
Schools Nearby
- Fell Dyke Community Primary School600 m away
- St Oswald's Catholic Primary, Wrekenton1.0 km away
- Roman Road Primary School1.0 km away
- Cardinal Hume Catholic School, Gateshead1.1 km away
- XP Gateshead1.6 km away
- Heworth Grange School2.1 km away
More reading links
Public Transport Nearby
The closest station to NE9 7BS is Heworth station, which is 2.5 kilometres away.
- Heworth|2.5 km away
- Manors|5.6 km away
- Newcastle|5.7 km away
- Dunston|5.7 km away
