Local market reports › NE area › NE8 › NE8 2
Gateshead Quayside market report NE8 2, Gateshead
The standing NE8 2 (Gateshead Quayside) property market report, rebuilt from the full public record every month. This page is built from the public record and nothing else: 3,654 completed sales registered with HM Land Registry in NE8 2 (Gateshead) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the 2026 median for NE8 2 (Gateshead) is £161,000, from 48 registered sales, up 7% on five years earlier; the mean is £170,300, and by floor area homes here have averaged about £2,290 per square metre over the last five years. Behind the figures sit 3,654 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
NE8 2 is a postcode sector: one group of streets inside NE8 (Gateshead). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where NE8 2 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
NE8 2 sold prices: where the market stands
Across 48 registered 2026 sales, the typical (median) NE8 2 home went for £161,000. The mean is £170,300, somewhat above it, as happens wherever a market carries an expensive tail.
Price per square metre in NE8 2
Averaged across five years of sales, floor space in NE8 2 costs about £2,290 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
Set against the £285,000 England and Wales median, NE8 2 sits 44% below the national market.
A typical NE8 2 home, priced year by year (1995 to 2026)
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £161,000 | £161,000 | 48 |
| 2025 | £160,000 | £163,826 | 85 |
| 2024 | £162,000 | £172,239 | 87 |
| 2023 | £147,500 | £162,066 | 105 |
| 2022 | £164,000 | £192,309 | 165 |
| 2021 | £150,000 | £189,919 | 121 |
| 2020 | £146,000 | £189,438 | 99 |
| 2019 | £138,000 | £180,885 | 110 |
| 2018 | £148,200 | £197,553 | 156 |
| 2017 | £142,500 | £194,356 | 127 |
| 2016 | £145,000 | £202,856 | 220 |
| 2015 | £140,500 | £198,527 | 146 |
| 2014 | £142,000 | £201,452 | 146 |
| 2013 | £118,800 | £170,941 | 116 |
| 2012 | £120,000 | £176,625 | 135 |
| 2011 | £114,000 | £172,096 | 83 |
| 2010 | £128,700 | £201,835 | 66 |
| 2009 | £135,000 | £217,014 | 98 |
| 2008 | £134,000 | £219,654 | 113 |
| 2007 | £144,700 | £245,452 | 300 |
| 2006 | £146,200 | £253,785 | 231 |
| 2005 | £132,000 | £234,907 | 377 |
| 2004 | £120,500 | £218,852 | 222 |
| 2003 | £70,600 | £130,062 | 93 |
| 2002 | £76,000 | £142,993 | 72 |
| 2001 | £37,500 | £72,092 | 13 |
| 2000 | £27,500 | £53,969 | 23 |
| 1999 | £34,000 | £67,760 | 21 |
| 1998 | £32,200 | £64,998 | 26 |
| 1997 | £29,000 | £59,473 | 16 |
| 1996 | £26,500 | £55,887 | 21 |
| 1995 | £27,500 | £59,781 | 13 |
In cash terms the typical NE8 2 home went from £27,500 in 1995 to £161,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 169%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2006; the current median sits about 37% below that. Someone who bought at the 2006 peak has not yet seen that price back in real terms.
Year-on-year change in the NE8 2 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+102.7% on the year before); the weakest, 2000 (−19.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What NE8 2 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +0.6% | −1.7% |
| 5 years (since 2021) | +1.4% | −3.2% |
| 10 years (since 2016) | +1.1% | −2.3% |
| 20 years (since 2006) | +0.5% | −2.2% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Transaction volumes
How many homes change hands
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
NE8 2 recorded 48 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 166 sales a year before the financial crisis and 98 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
The rental side of NE8 2
NE8 2 falls under Gateshead, where the ONS puts the average private rent at £790 a month (May 2026 figures). A one-bed averages £581 a month here and a four-or-more-bed £1,179, so size does most of the work in setting the rent.
Average monthly rent by size, Gateshead
ONS Price Index of Private Rents, May 2026.
Against the £161,000 median purchase price, a rent of £790 a month (£9,480 a year) works out at a 5.9% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
What kind of market NE8 2 is
Only 48 sales completed here in the last twelve months of data, which makes NE8 2 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint.
What people ask about NE8 2 (Gateshead Quayside)
Are property prices falling in NE8 2 (Gateshead Quayside)?
Is NE8 2 (Gateshead Quayside) a good place to buy a house?
How much did a house sell for in NE8 2 (Gateshead Quayside)?
Are NE8 2 prices heading up or down?
The record answers a different question than "what happens next": the median is up 7% over five years in cash but down 15% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
NE8's current homes for sale
This is what you could actually buy today: 20 homes currently on the market from 4 agents publishing to HomesIndex.
These cover the whole NE8 district, not just NE8 2: live asking prices are collected per district.
Of everything listed here, 45% asks less than the sold record of comparable homes. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Worsdell Drive, Gateshead, Tyne and W...
- Curzon Place, Gateshead, Tyne and Wea...
- Willbrook House, gateshead, Tyne and ...
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every NE8 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
The price of an extra bedroom in NE
The Land Registry record, split by size: what each kind of home actually sold for across the NE area. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £239,250 | £322,500 (+35%) | £498,100 (+54%) | £700,000 (+41%) |
| Semi-detached | £157,000 | £168,000 (+7%) | £216,000 (+29%) | £335,000 (+55%) | £521,000 (+56%) |
| Terraced | £127,500 | £136,000 (+7%) | £170,000 (+25%) | £282,250 (+66%) | £393,500 (+39%) |
| Flat | £95,000 | £127,980 (+35%) | £190,000 (+48%) | £340,000 (+79%) | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the NE area is the point: the same five years treated these districts very differently.
Five-year change in the median, NE area districts
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in NE8
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of NE8, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NE8 1 | £125,000 | 21 |
| NE8 3 | £158,000 | 26 |
| NE8 4 | £130,000 | 55 |
Zoom out to the full NE8 district report for the type split, monthly volumes and how NE8 compares with its neighbours.
Selling in NE8 2? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at NE8 2's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim NE8 2.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NE8 2. Free, with a one click sign in.
See every individual NE8 2 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.