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Elysium Lane is a residential street with 6 addresses.
It ranks as the 113th largest and 266th most expensive of the 689 streets in the NE8 area.
The street contains a total of 6 properties: 5 houses and 1 flat.
Elysium Lane is a residential street with 6 addresses.
It ranks as the 113th largest and 266th most expensive of the 689 streets in the NE8 area.
The street contains a total of 6 properties: 5 houses and 1 flat.
Sale prices range from £62,604 for 1 bedroom Leasehold flats (441 ft2) to £201,215 for 4 bedroom freehold houses with a garden (1,373 ft2) .
Monthly rental prices range from £499 pcm for 1 bed flats to £1,109 pcm for 4 bed houses.
The gross rental yield is between 6.6% and 9.6%.
The average value per square foot is £154.
The last sale on Elysium Lane sold for £107,500 on 7th February 2022. Since then prices are up an average of 10.4%.
The current average value in the street is £128,724.
The Elysium Lane Sales Market has increased by 23.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1% | £128,724 |
| May 2025 | 0.6% | £127,436 |
| May 2024 | 1% | £126,697 |
| May 2023 | 5.2% | £125,453 |
| May 2022 | 5.6% | £119,214 |
| May 2021 | 3.7% | £112,888 |
| May 2020 | 0.5% | £108,825 |
| May 2019 | -0.3% | £108,302 |
| May 2018 | 3.2% | £108,578 |
| May 2017 | 0.7% | £105,178 |
| May 2016 | 0.5% | £104,496 |
| May 2015 | 1.5% | £103,945 |
| May 2014 | 1.4% | £102,426 |
| May 2013 | 1.7% | £101,059 |
| May 2012 | -1.4% | £99,377 |
| May 2011 | -4.7% | £100,833 |
| May 2010 | 2.1% | £105,826 |
| May 2009 | -12.1% | £103,684 |
| May 2008 | -0.7% | £117,901 |
| May 2007 | 0% | £118,764 |
The current average rental value in the street is £811.
The Elysium Lane Rental Market has increased by 55.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.8% | £811pcm |
| May 2025 | 5.1% | £789pcm |
| May 2024 | 9.5% | £750pcm |
| May 2023 | 8.5% | £685pcm |
| May 2022 | 11% | £632pcm |
| May 2021 | 4.8% | £569pcm |
| May 2020 | 2.8% | £543pcm |
| May 2019 | -0.2% | £528pcm |
| May 2018 | 0.6% | £529pcm |
| May 2017 | 0.7% | £526pcm |
| May 2016 | 0.1% | £522pcm |
| May 2015 | 0.9% | £522pcm |
| May 2014 | 0.9% | £517pcm |
| May 2013 | -0.4% | £512pcm |
| May 2012 | -0.9% | £514pcm |
| May 2011 | 1.8% | £519pcm |
| May 2010 | 0.8% | £509pcm |
| May 2009 | -4.4% | £506pcm |
| May 2008 | 2.3% | £529pcm |
| May 2007 | 0% | £517pcm |
The last sale was on 7th February 2022 for £107,500 and since then the market in the area has increased by 10.4%. The street has had a total of 4 sales since 1995.
Elysium Lane, Gateshead, NE8 has seen no sales in the last three years and no sales in the last twelve months.
Elysium Lane, Gateshead, NE8 is the 113th largest and the 266th most expensive street in the NE8 area.
There are 2 postcodes on Elysium Lane, Gateshead, NE8.
The closest station to Elysium Lane, Gateshead, NE8 is Dunston station which is 1.4 kilometres away.
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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 Elysium Lane, Gateshead, NE8, 46.8% of property is privately rented and 38.1% is socially rented.
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 Elysium Lane, Gateshead, NE8, 25.1% of residents are recorded as possessing school level qualifications and 16.6% 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 Elysium Lane, 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 Elysium Lane, 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 Elysium Lane, Gateshead, NE8, there are an average of 0.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.