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Postcode Overview
of NE8 3ED
NE8 3ED is a residential postcode located on Sunderland Road, Gateshead, NE8. It is the 774th largest postcode in the NE8 area.
It contains 33 houses and the most common type of property is a modern house built after 1980.
Average property prices
in NE8 3ED
The average house value is £181,662. Sales values have increased in the last 12 months by 1.6% and Rental values have increased by 8.3%.
Property sale values range from £133,540 for a freehold house, with 2 bedrooms split across 689 square feet of gross internal area and has a garden to £212,819 for a leasehold house, with 4 bedrooms split across 1,615 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE8 3ED is £154/ft2.
Properties achieve a rental yield of between 6.5% and 7.6%, and rental values range from £741 to £1,153 per month.
Recent sales
within NE8 3ED
The last sale was 15 Dec 2023 for £201,000 and since then the market in the area has increased by 7%. The postcode has had a total of 4 sales since 1995.
NE8 3ED has seen 4 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to NE8 3ED
NE8 3ED is the 774th largest and the 839th most expensive postcode out of the 1,084 postcodes in the NE8 area.
Nearby postcodes
to NE8 3ED
NE8 3ED is the 774th largest and the 839th most expensive postcode out of the 1,084 postcodes in the NE8 area.
Property types
in NE8 3ED
NE8 3ED is a residential postcode located on Sunderland Road, Gateshead, NE8 with 33 houses within its bounds.
The most common property type in NE8 3ED is a modern house built after 1980.
Energy Efficiency
of properties within NE8 3ED
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
Schools nearby
to NE8 3ED
Public transport nearby
to NE8 3ED
The closest station to NE8 3ED is Heworth station which is 1.8 kilometres away.
