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Chester Place is a residential street with 18 addresses.
It ranks as the 284th largest and 220th most expensive of the 689 streets in the NE8 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 18 properties: 17 houses and 1 flat.
Chester Place is a residential street with 18 addresses.
It ranks as the 284th largest and 220th most expensive of the 689 streets in the NE8 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 18 properties: 17 houses and 1 flat.
Sale prices range from £72,983 for 2 bedroom Leasehold flats with a garden (592 ft2) to £151,734 for 3 bedroom freehold houses with a garden (775 ft2) .
Monthly rental prices range from £597 pcm for 2 bed flats to £938 pcm for 3 bed houses.
The gross rental yield is between 7.2% and 9.8%.
The average value per square foot is £124.
The last sale on Chester Place sold for £97,116 on 26th May 2023. Since then prices are up an average of 3.2%.
The current average value in the street is £109,630.
The Chester Place Sales Market has increased by 21.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.2% | £109,630 |
| May 2025 | 0.5% | £108,279 |
| May 2024 | 1% | £107,712 |
| May 2023 | 4.8% | £106,628 |
| May 2022 | 5.5% | £101,762 |
| May 2021 | 3.6% | £96,422 |
| May 2020 | 0.4% | £93,061 |
| May 2019 | -0.4% | £92,677 |
| May 2018 | 2.8% | £93,091 |
| May 2017 | 0.3% | £90,557 |
| May 2016 | 0.2% | £90,260 |
| May 2015 | 1.1% | £90,106 |
| May 2014 | 1% | £89,137 |
| May 2013 | 1.3% | £88,224 |
| May 2012 | -1.7% | £87,053 |
| May 2011 | -5% | £88,541 |
| May 2010 | 0.9% | £93,241 |
| May 2009 | -12.3% | £92,376 |
| May 2008 | -1% | £105,382 |
| May 2007 | 0% | £106,491 |
The current average rental value in the street is £697.
The Chester Place Rental Market has increased by 53.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3% | £697pcm |
| May 2025 | 5% | £677pcm |
| May 2024 | 9.5% | £644pcm |
| May 2023 | 8.1% | £589pcm |
| May 2022 | 10.9% | £545pcm |
| May 2021 | 4.6% | £491pcm |
| May 2020 | 2.8% | £469pcm |
| May 2019 | -0.4% | £457pcm |
| May 2018 | 0.2% | £459pcm |
| May 2017 | 0.3% | £457pcm |
| May 2016 | -0.2% | £456pcm |
| May 2015 | 0.5% | £457pcm |
| May 2014 | 0.6% | £455pcm |
| May 2013 | -0.7% | £452pcm |
| May 2012 | -1.1% | £455pcm |
| May 2011 | 1.4% | £460pcm |
| May 2010 | -0.3% | £454pcm |
| May 2009 | -4.7% | £455pcm |
| May 2008 | 2% | £478pcm |
| May 2007 | 0% | £468pcm |
The last sale was on 26th May 2023 for £97,116 and since then the market in the area has increased by 3.2%. The street has had a total of 26 sales since 1995.
Chester Place, Gateshead, NE8 has seen 2 sales in the last three years and no sales in the last twelve months.
Chester Place, Gateshead, NE8 is the 284th largest and the 220th most expensive street in the NE8 area.
There is 1 postcode on Chester Place, Gateshead, NE8.
The closest station to Chester Place, Gateshead, NE8 is Newcastle station which is 1.3 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Chester Place, Gateshead, NE8, 49.2% of property is privately rented and 28.8% is privately owned outright.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Chester Place, Gateshead, NE8, 12.3% of residents are recorded as possessing school level qualifications and 21.5% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Chester Place, Gateshead, NE8, the average age was 38.1 and the most common age was 27.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Chester Place, Gateshead, NE8, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Chester Place, Gateshead, NE8, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.