NE8 3QA is a residential postcode located on East Hill Road, Gateshead, NE8. It is the 424th largest postcode in the NE8 area.
It contains 9 flats and 3 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £55,861. Sales values have increased in the last 12 months by 3.0% and Rental values have increased by 9.8%.
Property sale values range from £55,373 for a leasehold flat, with 3 bedrooms split across 764 square feet of gross internal area and has no outside space to £58,543 for a leasehold flat, with 3 bedrooms split across 878 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in NE8 3QA is £72/ft2.
Properties achieve a rental yield of between 9% and 9.3%, and rental values range from £429 to £437 per month.
The last sale was 25 Feb 2022 for £52,500 and since then the market in the area has increased by 6.7%. The postcode has had a total of 2 sales since 1995.
NE8 3QA has seen 1 sale in the last three years and no sales in the last twelve months.
NE8 3QA is the 424th largest and the 50th most expensive postcode out of the 1,084 postcodes in the NE8 area.
NE8 3QA is the 424th largest and the 50th most expensive postcode out of the 1,084 postcodes in the NE8 area.
NE8 3QA is a residential postcode located on East Hill Road, Gateshead, NE8 with 9 flats and 3 unknown within its bounds.
The most common property type in NE8 3QA is a mid-century flat built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to NE8 3QA is Heworth station which is 1.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NE8 3QA, 31.3% of property is socially rented and 27.1% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE8 3QA, 19.1% of residents are recorded as possessing school level qualifications and 24.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE8 3QA, the average age was 35.8 and the most common age was 27.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE8 3QA, 1.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE8 3QA, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.