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NE8 3PR

NE8 3PR

Last update: Sep 2024

Postcode Overview

of NE8 3PR

NE8 3PR is a residential postcode located on King Edward Street, Gateshead, NE8. It is the 1012th largest postcode in the NE8 area.

It contains 59 residential addresses consisting of 7 houses, 48 flats and 4 unknown and the most common type of property is a period flat built between 1800 and 1911.

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Average property prices

in NE8 3PR

The average house value is £64,125. Sales values have increased in the last 12 months by 3.0% and Rental values have increased by 9.9%.

Property sale values range from £40,240 for a studio leasehold flat of 248 square feet and has a garden to £158,843 for a freehold house, with 4 bedrooms split across 1,335 square feet of gross internal area and has a garden.

Average £/ft2 for properties in NE8 3PR is £91/ft2.

Properties achieve a rental yield of between 7% and 9.7%, and rental values range from £316 to £926 per month.

Sale value change
12 months
3.0%
Rental value change
12 months
9.9%
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Recent sales

within NE8 3PR

The last sale was 15 Apr 2024 for £65,500 and since then the market in the area has increased by 1.3%. The postcode has had a total of 4 sales since 1995.

NE8 3PR has seen 4 sales in the last three years and 1 sale in the last twelve months.

£65,500
Apr-2024
Sold
£62,000
Jan-2023
Sold
£99,500
Sep-2021
Sold
£55,000
Aug-2021
Sold
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Nearby postcodes

to NE8 3PR

NE8 3PR is the 1012th largest and the 64th most expensive postcode out of the 1,084 postcodes in the NE8 area.

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Nearby postcodes

to NE8 3PR

NE8 3PR is the 1012th largest and the 64th most expensive postcode out of the 1,084 postcodes in the NE8 area.

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Property types

in NE8 3PR

NE8 3PR is a residential postcode located on King Edward Street, Gateshead, NE8 with 7 houses, 48 flats and 4 unknown within its bounds.

The most common property type in NE8 3PR is a period flat built between 1800 and 1911.

period house (3)
period flat (48)
modern house (3)
house (1)
Unknown (4)
Energy Efficiency

Energy Efficiency

of properties within NE8 3PR

The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being C.

A (0)
E (6)
B (1)
F (0)
C (32)
G (0)
D (16)
No EPC (4)
Schools nearby

Schools nearby

to NE8 3PR

The nearest primary school to NE8 3PR is Bede Community Primary School which is 400 metres away and is rated Good by Ofsted.
400 m
Bede Community Primary School
Good
800 m
South Street Community Primary School
Good
900 m
Carr Hill Community Primary School
Good
The nearest secondary school is North East Futures UTC which is 2.3 kilometres away and is rated RequiresImprovement by Ofsted.
2.3 km
North East Futures UTC
Requires improvement
2.3 km
Cardinal Hume Catholic School, Gateshead
Outstanding
2.4 km
Heworth Grange School
Requires improvement
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to NE8 3PR

The closest station to NE8 3PR is Heworth station which is 2.0 kilometres away.

2.0 km
Heworth
2.3 km
Manors
2.5 km
Newcastle
3.5 km
Dunston
Source: National Rail
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