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King Edward Place is a residential street with 2 addresses.
It ranks as the 48th largest and 88th most expensive of the 689 streets in the NE8 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 2 properties: 2 flats.
King Edward Place is a residential street with 2 addresses.
It ranks as the 48th largest and 88th most expensive of the 689 streets in the NE8 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 2 properties: 2 flats.
Sale prices range from £82,645 for 3 bedroom Leasehold flats with a garden (764 ft2) to £82,645 for 3 bedroom Leasehold flats with a garden (764 ft2) .
Monthly rental prices range from £694 pcm for 3 bed flats to £694 pcm for 3 bed flats.
The gross rental yield is between 10.1% and 10.1%.
The average value per square foot is £108.
The last sale on King Edward Place sold for £72,475 on 12th December 2003. Since then prices are down an average of 0.0%.
The current average value in the street is £82,645.
The King Edward Place Sales Market has increased by 17.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.9% | £82,645 |
| May 2025 | 1.2% | £81,894 |
| May 2024 | 1.5% | £80,942 |
| May 2023 | 2.3% | £79,774 |
| May 2022 | 5.8% | £77,956 |
| May 2021 | 3.1% | £73,654 |
| May 2020 | 0.2% | £71,425 |
| May 2019 | 0.2% | £71,264 |
| May 2018 | 0.2% | £71,123 |
| May 2017 | 0.5% | £70,972 |
| May 2016 | -0.2% | £70,591 |
| May 2015 | -0.4% | £70,764 |
| May 2014 | 1.6% | £71,077 |
| May 2013 | -0.4% | £69,936 |
| May 2012 | -2.7% | £70,200 |
| May 2011 | -3.2% | £72,127 |
| May 2010 | -1.5% | £74,540 |
| May 2009 | -11.3% | £75,694 |
| May 2008 | -2.1% | £85,346 |
| May 2007 | 0% | £87,183 |
The current average rental value in the street is £694.
The King Edward Place Rental Market has increased by 45.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.1% | £694pcm |
| May 2025 | 4.9% | £673pcm |
| May 2024 | 9.6% | £642pcm |
| May 2023 | 7% | £586pcm |
| May 2022 | 10.3% | £547pcm |
| May 2021 | 3.9% | £496pcm |
| May 2020 | 2.3% | £477pcm |
| May 2019 | -0.7% | £466pcm |
| May 2018 | -0.7% | £470pcm |
| May 2017 | -0.6% | £473pcm |
| May 2016 | -0.8% | £476pcm |
| May 2015 | -0.1% | £480pcm |
| May 2014 | -0.2% | £480pcm |
| May 2013 | -1.2% | £481pcm |
| May 2012 | -1.3% | £487pcm |
| May 2011 | 0.8% | £494pcm |
| May 2010 | -2% | £490pcm |
| May 2009 | -5% | £500pcm |
| May 2008 | 1.5% | £526pcm |
| May 2007 | 0% | £519pcm |
The last sale was on 12th December 2003 for £72,475 and since then the market in the area has remained stable. The street has had a total of 1 sales since 1995.
King Edward Place, Gateshead, NE8 has seen no sales in the last three years and no sales in the last twelve months.
King Edward Place, Gateshead, NE8 is the 48th largest and the 88th most expensive street in the NE8 area.
There is 1 postcode on King Edward Place, Gateshead, NE8.
The closest station to King Edward Place, Gateshead, NE8 is Heworth station which is 2.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around King Edward Place, Gateshead, NE8, 62.8% of property is privately rented and 15.0% is privately owned with a mortgage.
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 King Edward Place, Gateshead, NE8, 17.7% of residents are recorded as possessing school level qualifications and 29.1% 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 King Edward Place, Gateshead, NE8, the average age was 35.8 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 King Edward 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 King Edward Place, Gateshead, NE8, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.