NE8 2FB is a residential postcode located on Worsdell Drive, Gateshead, NE8. It is the 1004th largest postcode in the NE8 area.
It contains 58 flats and the most common type of property is a modern flat built after 1980.
The average house value is £167,186. Sales values have increased in the last 12 months by 3.4% and Rental values have increased by 10.1%.
Property sale values range from £95,450 for a studio leasehold flat of 237 square feet and has no outside space to £206,873 for a leasehold flat, with 3 bedrooms split across 1,033 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in NE8 2FB is £243/ft2.
Properties achieve a rental yield of between 6.3% and 6.8%, and rental values range from £539 to £1,090 per month.
The last sale was 17 May 2024 for £190,000 and since then the market in the area has increased by 0.5%. The postcode has had a total of 4 sales since 1995.
NE8 2FB has seen 4 sales in the last three years and 3 sales in the last twelve months.
NE8 2FB is the 1004th largest and the 776th most expensive postcode out of the 1,084 postcodes in the NE8 area.
NE8 2FB is the 1004th largest and the 776th most expensive postcode out of the 1,084 postcodes in the NE8 area.
NE8 2FB is a residential postcode located on Worsdell Drive, Gateshead, NE8 with 58 flats within its bounds.
The most common property type in NE8 2FB is a modern flat built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to NE8 2FB is Newcastle station which is 700 metres away.