Prospect Terrace - NE9 7YE
Key Street Insights
Prospect Terrace is a residential street with 16 addresses.
It ranks as the 436th largest and 839th most expensive of the 1,126 streets in the NE9 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 16 properties: 11 houses and 5 other properties.
- Ave. Sale Price
- £212,813
- 10 Year change
- up 28.1%
- Ave. Rental Price
- £1,121pcm
- 10 Year change
- up 56.2%
- Ave. £ per ft²
- £275/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Street Insights
Prospect Terrace is a residential street with 16 addresses.
It ranks as the 436th largest and 839th most expensive of the 1,126 streets in the NE9 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 16 properties: 11 houses and 5 other properties.
- Ave. Sale Price
- £212,813
- 10 Year change
- up 28.1%
- Ave. Rental Price
- £1,121pcm
- 10 Year change
- up 56.2%
- Ave. £ per ft²
- £275/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Properties on Prospect Terrace, Eighton Banks, Gateshead, NE9
- 1 Prospect Terrace
3 Bed Period House
- 2 Prospect Terrace
3 Bed Period House
- 3 Prospect Terrace
3 Bed House
- 4 Prospect Terrace
3 Bed Period House
- 5 Prospect Terrace
3 Bed Period House
Sales Market Trends
The last sale on Prospect Terrace sold for £210,000 on 24th April 2026. Since then prices are up an average of 0.3%.
The current average value in the street is £212,813.
The Prospect Terrace Sales Market has increased by 28.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £212,813 |
| June 2025 | 1.1% | £211,595 |
| June 2024 | 2% | £209,250 |
| June 2023 | 3.1% | £205,220 |
| June 2022 | 7.1% | £199,090 |
| June 2021 | 2.9% | £185,948 |
| June 2020 | 1.6% | £180,638 |
| June 2019 | 2.8% | £177,824 |
| June 2018 | 1% | £172,920 |
| June 2017 | 3% | £171,126 |
| June 2016 | 1.6% | £166,110 |
| June 2015 | 0.7% | £163,439 |
| June 2014 | 3.7% | £162,286 |
| June 2013 | 0.6% | £156,462 |
| June 2012 | -2.1% | £155,526 |
| June 2011 | 0.8% | £158,887 |
| June 2010 | 3.8% | £157,689 |
| June 2009 | -7% | £151,951 |
| June 2008 | -3% | £163,331 |
| June 2007 | 0% | £168,422 |
Rental Market Trends
The current average rental value in the street is £1,121.
The Prospect Terrace Rental Market has increased by 56.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,121pcm |
| June 2025 | 4.6% | £1,092pcm |
| June 2024 | 8.9% | £1,044pcm |
| June 2023 | 8.7% | £959pcm |
| June 2022 | 10.6% | £883pcm |
| June 2021 | 4.5% | £798pcm |
| June 2020 | 3.2% | £764pcm |
| June 2019 | 0.6% | £740pcm |
| June 2018 | 1.7% | £736pcm |
| June 2017 | 0.9% | £724pcm |
| June 2016 | 0.7% | £718pcm |
| June 2015 | 1.8% | £713pcm |
| June 2014 | 1.2% | £700pcm |
| June 2013 | 0% | £692pcm |
| June 2012 | -0.3% | £691pcm |
| June 2011 | 2.6% | £694pcm |
| June 2010 | 4.4% | £676pcm |
| June 2009 | -2.6% | £648pcm |
| June 2008 | 2.5% | £665pcm |
| June 2007 | 0% | £649pcm |
Sales History
The last recorded sale was on 24th April 2026 for £210,000 and since then the market in the area has increased by 0.3%.
Prospect Terrace, Eighton Banks, Gateshead, NE9 has had 3 sales since 1995, 3 of them in the last twelve months.
- Sold Apr 2026£210,000 | 3 Bed House1, Prospect Terrace, Gateshead, NE9 7YE1, Prospect Terrace, Gateshead, NE9 7YE
- Sold Feb 2026£227,500 | 3 Bed House14, Prospect Terrace, Gateshead, NE9 7YE14, Prospect Terrace, Gateshead, NE9 7YE
- Sold Dec 2025£251,000 | 4 Bed House15, Prospect Terrace, Gateshead, NE9 7YE15, Prospect Terrace, Gateshead, NE9 7YE
Top 3 Most Expensive Sales
- Sold Dec 2025£251,000 | 4 Bed House15, Prospect Terrace, Gateshead, NE9 7YE15, Prospect Terrace, Gateshead, NE9 7YE
- Sold Feb 2026£227,500 | 3 Bed House14, Prospect Terrace, Gateshead, NE9 7YE14, Prospect Terrace, Gateshead, NE9 7YE
- Sold Feb 2024£211,000 | 3 Bed House14, Prospect Terrace, Gateshead, NE9 7YE14, Prospect Terrace, Gateshead, NE9 7YE
Nearby Streets
Prospect Terrace, Eighton Banks, Gateshead, NE9 is the 436th largest and the 839th most expensive street in the NE9 area.
- Eighton Banks, Gateshead, NE99 Addresses|72 m away
- Hawthorn Terrace, Eighton Banks, Gateshead, NE911 Addresses|85 m away
- Thomas Street, Eighton Banks, Gateshead, NE931 Addresses|126 m away
- Sandy Lane, Gateshead, NE962 Addresses|163 m away
- Walmer Terrace, Gateshead, NE916 Addresses|177 m away
- Rockcliffe Way, Eighton Banks, Gateshead, NE939 Addresses|316 m away
Property Types
- 10 period houses built between 1800 and 1911
- 1 house of an unknown age
- 5 other addresses of unknown type
- period house (10)
- house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (2)
- G (0)
- D (6)
- No EPC (6)
Schools Nearby
- Springwell Village Primary School900 m away
- Birtley East Community Primary School1.2 km away
- Fell Dyke Community Primary School1.2 km away
- Cardinal Hume Catholic School, Gateshead2.1 km away
- Oxclose Community Academy2.6 km away
- Lord Lawson of Beamish Academy2.6 km away
More reading links
Public Transport Nearby
The closest station to Prospect Terrace, Eighton Banks, Gateshead, NE9 - NE9 7YE is Heworth station, which is 4.0 kilometres away.
- Heworth|4.0 km away
- Dunston|6.1 km away
- Newcastle|6.6 km away
