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Postcode Overview
of NE8 3TR
NE8 3TR is a residential postcode located on Old Durham Road, Gateshead, NE8. It is the 514th largest postcode in the NE8 area.
It contains 17 residential addresses consisting of 9 houses, 5 flats and 3 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in NE8 3TR
The average house value is £139,440. Sales values have increased in the last 12 months by 3.3% and Rental values have increased by 10.0%.
Property sale values range from £85,004 for a leasehold flat, with 2 bedrooms split across 624 square feet of gross internal area and has no outside space to £197,227 for a freehold house, with 5 bedrooms split across 1,658 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE8 3TR is £140/ft2.
Properties achieve a rental yield of between 7% and 9.4%, and rental values range from £665 to £1,177 per month.
Recent sales
within NE8 3TR
The last sale was 01 Mar 2024 for £118,000 and since then the market in the area has increased by 3.5%. The postcode has had a total of 4 sales since 1995.
NE8 3TR has seen 3 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to NE8 3TR
NE8 3TR is the 514th largest and the 598th most expensive postcode out of the 1,084 postcodes in the NE8 area.
Nearby postcodes
to NE8 3TR
NE8 3TR is the 514th largest and the 598th most expensive postcode out of the 1,084 postcodes in the NE8 area.
Property types
in NE8 3TR
NE8 3TR is a residential postcode located on Old Durham Road, Gateshead, NE8 with 9 houses, 5 flats and 3 unknown within its bounds.
The most common property type in NE8 3TR is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within NE8 3TR
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 3TR
Public transport nearby
to NE8 3TR
The closest station to NE8 3TR is Newcastle station which is 2.2 kilometres away.
