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Postcode Overview
of NE8 1TR
NE8 1TR is a residential postcode located on Grasmere Street, Gateshead, NE8. It is the 622nd largest postcode in the NE8 area.
It contains 23 residential addresses consisting of 11 houses, 4 flats and 8 unknown and the most common type of property is a period house built between 1800 and 1911.
Average property prices
in NE8 1TR
The average house value is £229,029. Sales values have increased in the last 12 months by 1.5% and Rental values have increased by 8.1%.
Property sale values range from £117,052 for a leasehold flat, with 2 bedrooms split across 581 square feet of gross internal area and has a garden to £301,359 for a freehold house, with 5 bedrooms split across 3,186 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE8 1TR is £145/ft2.
Properties achieve a rental yield of between 6% and 8.7%, and rental values range from £848 to £1,501 per month.
Recent sales
within NE8 1TR
The last sale was 03 May 2024 for £275,000 and since then the market in the area has decreased by -0.1%. The postcode has had a total of 4 sales since 1995.
NE8 1TR has seen 2 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to NE8 1TR
NE8 1TR is the 622nd largest and the 934th most expensive postcode out of the 1,084 postcodes in the NE8 area.
Nearby postcodes
to NE8 1TR
NE8 1TR is the 622nd largest and the 934th most expensive postcode out of the 1,084 postcodes in the NE8 area.
Property types
in NE8 1TR
NE8 1TR is a residential postcode located on Grasmere Street, Gateshead, NE8 with 11 houses, 4 flats and 8 unknown within its bounds.
The most common property type in NE8 1TR is a period house built between 1800 and 1911.
Energy Efficiency
of properties within NE8 1TR
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to NE8 1TR
Public transport nearby
to NE8 1TR
The closest station to NE8 1TR is Newcastle station which is 1.8 kilometres away.
