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Gateshead Quayside market report NE8 3, Gateshead

The NE8 3 (Gateshead Quayside) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 4,034 sales recorded by HM Land Registry in NE8 3 (Gateshead) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.

Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.

In short: 26 registered 2026 sales put the NE8 3 (Gateshead) median at £158,000, up 59% on five years earlier, with a mean of £150,500, and by floor area homes here have averaged about £1,920 per square metre over the last five years. Everything rests on 4,034 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.

NE8 3 is one sector of NE8 (Gateshead): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.

Today's NE8 3 prices, from the sold record

The NE8 3 median stands at £158,000 for 2026, built from 26 registered sales; the mean, the figure usually quoted as the "average house price", is £150,500, almost on top of it, so sales bunch tightly around the typical price.

Price per square metre in NE8 3

Averaged across five years of sales, floor space in NE8 3 costs about £1,920 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.

For scale: the England and Wales median is £285,000, so NE8 3 trades 45% below the country as a whole.

In cash terms the typical NE8 3 home went from £33,200 in 1995 to £158,000 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 119%, a genuine increase in what a home here costs. Measured in today's money the market peaked in 2003; the current median sits about 29% below that. Someone who bought at the 2003 peak has not yet seen that price back in real terms.

The strongest year on record here is 2002 (+157.4% on the year before); the weakest, 2016 (−22.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

Over the last twelve months of data, 26 sales completed in NE8 3. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 233 sales a year before the financial crisis and 101 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.

Rents around NE8 3

For renting purposes NE8 3 sits in Gateshead. The ONS average private rent there is £790 a month (May 2026). The spread runs from £581 a month for a typical one-bed to £1,179 at four-plus bedrooms, which is size doing most of the pricing.

Against the £158,000 median purchase price, a rent of £790 a month (£9,480 a year) works out at a 6.0% 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.

The shape of the NE8 3 market

Only 26 sales completed here in the last twelve months of data, which makes NE8 3 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint.

NE8 3 (Gateshead Quayside): the questions that come up

Where do NE8 3 prices go next?

The record answers a different question than "what happens next": the median is up 59% over five years in cash and up 26% 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

What another bedroom costs in NE

The risers and the fallers

The spread across the NE area is the point: the same five years treated these districts very differently.

Other sectors in NE8

Sector boundaries hide real price steps. The rest of NE8, one report each:

Zoom out to the full NE8 district report for the type split, monthly volumes and how NE8 compares with its neighbours.

Before you sell in NE8 3: what the record supports

Keep digging

Behind the answers sits the same Land Registry record as this page, with NE8 3 already set as the subject. Free, one click sign in.

The live map plots every individual NE8 3 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.

Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.