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Postcode Overview
of NE8 2EY
NE8 2EY is a residential postcode located on Worsdell Drive, Gateshead, NE8. It is the 973rd largest postcode in the NE8 area.
It contains 54 flats and the most common type of property is a modern flat built after 1980.
Average property prices
in NE8 2EY
The average house value is £144,534. Sales values have increased in the last 12 months by 2.6% and Rental values have increased by 9.2%.
Property sale values range from £88,977 for a studio leasehold flat of 248 square feet and has a balcony to £176,866 for a leasehold flat, with 3 bedrooms split across 936 square feet of gross internal area and has a balcony.
Average £/ft2 for properties in NE8 2EY is £228/ft2.
Properties achieve a rental yield of between 6.3% and 7%, and rental values range from £502 to £932 per month.
Recent sales
within NE8 2EY
The last sale was 26 Feb 2024 for £165,000 and since then the market in the area has increased by 5.7%. The postcode has had a total of 4 sales since 1995.
NE8 2EY has seen 4 sales in the last three years and 2 sales in the last twelve months.
Nearby postcodes
to NE8 2EY
NE8 2EY is the 973rd largest and the 627th most expensive postcode out of the 1,084 postcodes in the NE8 area.
Nearby postcodes
to NE8 2EY
NE8 2EY is the 973rd largest and the 627th most expensive postcode out of the 1,084 postcodes in the NE8 area.
Property types
in NE8 2EY
NE8 2EY is a residential postcode located on Worsdell Drive, Gateshead, NE8 with 54 flats within its bounds.
The most common property type in NE8 2EY is a modern flat built after 1980.
Energy Efficiency
of properties within NE8 2EY
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to NE8 2EY
Public transport nearby
to NE8 2EY
The closest station to NE8 2EY is Newcastle station which is 700 metres away.
