Richmond TerraceHouse Prices / North East, Gateshead
Key Street Insights
Richmond Terrace is a residential street with 18 addresses.
It ranks as the 295th largest and 675th 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: 12 houses and 6 flats.
- Houses
- Flats
Key Street Insights
Richmond Terrace is a residential street with 18 addresses.
It ranks as the 295th largest and 675th 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: 12 houses and 6 flats.
- Houses
- Flats
House Priceson Richmond Terrace
Sale prices range from £103,906 for 2 bedroom Leasehold flats (495 ft2) to £378,537 for 5 bedroom freehold houses with a garden (2,766 ft2) .
Monthly rental prices range from £692 pcm for 2 bed flats to £1,847 pcm for 5 bed houses.
The gross rental yield is between 5.7% and 8.0%.
The average value per square foot is £168.
Sales Market Trendson Richmond Terrace
The last sale on Richmond Terrace sold for £360,000 on 20th March 2020. Since then prices are up an average of 15.0%.
The current average value in the street is £259,235.
The Richmond Terrace Sales Market has increased by 19.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.2% | £259,235 |
| May 2025 | 0% | £258,715 |
| May 2024 | 0.7% | £258,633 |
| May 2023 | 5.6% | £256,731 |
| May 2022 | 4.5% | £243,128 |
| May 2021 | 3.1% | £232,560 |
| May 2020 | 0.4% | £225,517 |
| May 2019 | -0.1% | £224,645 |
| May 2018 | 3.4% | £224,843 |
| May 2017 | 0.5% | £217,469 |
| May 2016 | 0.6% | £216,399 |
| May 2015 | 1.9% | £215,160 |
| May 2014 | 1.2% | £211,208 |
| May 2013 | 1.7% | £208,729 |
| May 2012 | -1.2% | £205,166 |
| May 2011 | -4.1% | £207,659 |
| May 2010 | 3.3% | £216,583 |
| May 2009 | -11.1% | £209,688 |
| May 2008 | -0.7% | £235,814 |
| May 2007 | 0% | £237,468 |
Rental Market Trendson Richmond Terrace
The current average rental value in the street is £1,324.
The Richmond Terrace Rental Market has increased by 50.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2% | £1,324pcm |
| May 2025 | 4.5% | £1,299pcm |
| May 2024 | 9.2% | £1,242pcm |
| May 2023 | 8.9% | £1,138pcm |
| May 2022 | 9.9% | £1,045pcm |
| May 2021 | 4.1% | £951pcm |
| May 2020 | 2.7% | £913pcm |
| May 2019 | 0% | £889pcm |
| May 2018 | 0.8% | £889pcm |
| May 2017 | 0.5% | £882pcm |
| May 2016 | 0.2% | £878pcm |
| May 2015 | 1.3% | £876pcm |
| May 2014 | 0.8% | £865pcm |
| May 2013 | -0.3% | £858pcm |
| May 2012 | -0.6% | £861pcm |
| May 2011 | 2.4% | £866pcm |
| May 2010 | 2% | £846pcm |
| May 2009 | -3.3% | £829pcm |
| May 2008 | 2.3% | £858pcm |
| May 2007 | 0% | £839pcm |
Explore Propertieson Richmond Terrace, Gateshead, NE8
- 1, Richmond Terrace, Gateshead, NE8 1RN
- 2, Richmond Terrace, Gateshead, NE8 1RN5 bed period house
- 3, Richmond Terrace, Gateshead, NE8 1RN5 bed period house
- 4, Richmond Terrace, Gateshead, NE8 1RN5 bed period house
- 5, Richmond Terrace, Gateshead, NE8 1RN4 bed house
- 6, Richmond Terrace, Gateshead, NE8 1RN5 bed period house
- 7, Richmond Terrace, Gateshead, NE8 1RN5 bed house
- 8, Richmond Terrace, Gateshead, NE8 1RN
- 9, Richmond Terrace, Gateshead, NE8 1RN5 bed period house
- 10, Richmond Terrace, Gateshead, NE8 1RN4 bed house
- 11, Richmond Terrace, Gateshead, NE8 1RN5 bed period house
- 12, Richmond Terrace, Gateshead, NE8 1RN5 bed period house
- 13, Richmond Terrace, Gateshead, NE8 1RN2 bed mid-century flat
- 14, Richmond Terrace, Gateshead, NE8 1RN2 bed modern flat
- 15, Richmond Terrace, Gateshead, NE8 1RN2 bed modern flat
- 16, Richmond Terrace, Gateshead, NE8 1RN2 bed modern flat
- 17, Richmond Terrace, Gateshead, NE8 1RN2 bed modern flat
- 18, Richmond Terrace, Gateshead, NE8 1RN2 bed modern flat
Sales Historyon Richmond Terrace, Gateshead, NE8
The last sale was on 20th March 2020 for £360,000 and since then the market in the area has increased by 15.0%. The street has had a total of 11 sales since 1995.
Richmond Terrace, Gateshead, NE8 has seen no sales in the last three years and no sales in the last twelve months.
Top 3 Most Expensive Saleson Richmond Terrace, Gateshead, NE8
Nearby Streetsto Richmond Terrace, Gateshead, NE8
Richmond Terrace, Gateshead, NE8 is the 295th largest and the 675th most expensive street in the NE8 area.
- 33 mAshgrove Terrace, Gateshead, NE815 Addresses
- 41 mCambridge Terrace, Gateshead, NE816 Addresses
- 74 mOxford Terrace, Gateshead, NE816 Addresses
- 75 mCoatsworth Road, Gateshead, NE8147 Addresses
- 111 mAlexandra Road, Gateshead, NE870 Addresses
- 129 mGrasmere Street, Gateshead, NE823 Addresses
Postcodeson Richmond Terrace, Gateshead, NE8
There is 1 postcode on Richmond Terrace, Gateshead, NE8.
- House prices in NE8 1RN18 Addresses
Property Typesin Richmond Terrace
- 7 period houses built between 1800 and 1911
- 5 modern flats built after 1980
- 1 mid-century flat built between 1936 and 1979
- 3 houses of an unknown age
- 2 other addresses of unknown type
- period house (7)
- modern flat (5)
- mid-century flat (1)
- house (3)
- Unknown (2)
Energy Efficiencyof properties on Richmond Terrace
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The dominant rating is C.
- A (0)
- E (4)
- B (1)
- F (1)
- C (6)
- G (0)
- D (2)
- No EPC (4)
Schools Nearby
- 100mCaedmon Community Primary School
- 500mSt Joseph's Catholic Primary School, Gateshead
- 500mSouth Street Community Primary School
- 1.6kmNorth East Futures UTC
- 2.8kmGrace College
- 2.9kmCardinal Hume Catholic School, Gateshead
More reading links
Public Transport Nearby
The closest station to Richmond Terrace, Gateshead, NE8 is Newcastle station, which is 1.8 kilometres away.
- 1.8kmNewcastle
- 2.1kmManors
- 2.3kmDunston
