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Postcode Overview
of NE8 3ST
NE8 3ST is a residential postcode located on Mersey Place, Gateshead, NE8. It is the 425th largest postcode in the NE8 area.
It contains 12 residential addresses consisting of 8 houses, 3 flats and 1 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in NE8 3ST
The average house value is £91,574. Sales values have increased in the last 12 months by 4.1% and Rental values have increased by 11.0%.
Property sale values range from £73,590 for a leasehold flat, with 3 bedrooms split across 872 square feet of gross internal area and has no outside space to £98,347 for a freehold house, with 3 bedrooms split across 915 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE8 3ST is £108/ft2.
Properties achieve a rental yield of between 7.7% and 9%, and rental values range from £550 to £633 per month.
Recent sales
within NE8 3ST
The last sale was 18 Jun 2021 for £85,000 and since then the market in the area has increased by 11.3%. The postcode has had a total of 4 sales since 1995.
NE8 3ST has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE8 3ST
NE8 3ST is the 425th largest and the 255th most expensive postcode out of the 1,084 postcodes in the NE8 area.
Nearby postcodes
to NE8 3ST
NE8 3ST is the 425th largest and the 255th most expensive postcode out of the 1,084 postcodes in the NE8 area.
Property types
in NE8 3ST
NE8 3ST is a residential postcode located on Mersey Place, Gateshead, NE8 with 8 houses, 3 flats and 1 unknown within its bounds.
The most common property type in NE8 3ST is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within NE8 3ST
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to NE8 3ST
Public transport nearby
to NE8 3ST
The closest station to NE8 3ST is Heworth station which is 1.8 kilometres away.
