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Postcode Overview
of NE8 1TS
NE8 1TS is a residential postcode located on Grasmere Street West, Gateshead, NE8. It is the 703rd largest postcode in the NE8 area.
It contains 28 residential addresses consisting of 3 houses, 17 flats and 8 unknown and the most common type of property is a period flat built between 1800 and 1911.
Average property prices
in NE8 1TS
The average house value is £140,735. Sales values have increased in the last 12 months by 3.2% and Rental values have increased by 9.9%.
Property sale values range from £95,069 for a leasehold flat, with 3 bedrooms split across 845 square feet of gross internal area and has a garden to £301,359 for a freehold house, with 5 bedrooms split across 2,131 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE8 1TS is £114/ft2.
Properties achieve a rental yield of between 6% and 9.3%, and rental values range from £736 to £1,501 per month.
Recent sales
within NE8 1TS
The last sale was 30 Mar 2021 for £180,000 and since then the market in the area has increased by 12.3%. The postcode has had a total of 4 sales since 1995.
NE8 1TS has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE8 1TS
NE8 1TS is the 703rd largest and the 601st most expensive postcode out of the 1,084 postcodes in the NE8 area.
Nearby postcodes
to NE8 1TS
NE8 1TS is the 703rd largest and the 601st most expensive postcode out of the 1,084 postcodes in the NE8 area.
Property types
in NE8 1TS
NE8 1TS is a residential postcode located on Grasmere Street West, Gateshead, NE8 with 3 houses, 17 flats and 8 unknown within its bounds.
The most common property type in NE8 1TS is a period flat built between 1800 and 1911.
Energy Efficiency
of properties within NE8 1TS
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to NE8 1TS
Public transport nearby
to NE8 1TS
The closest station to NE8 1TS is Newcastle station which is 1.8 kilometres away.
