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Postcode Overview
of NE8 4EL
NE8 4EL is a residential postcode located on Durham Road, Gateshead, NE8. It is the 706th largest postcode in the NE8 area.
It contains 28 residential addresses consisting of 15 houses, 3 flats and 10 unknown and the most common type of property is a period house built between 1800 and 1911.
Average property prices
in NE8 4EL
The average house value is £166,717. Sales values have increased in the last 12 months by 2.0% and Rental values have increased by 8.7%.
Property sale values range from £101,235 for a leasehold flat, with 2 bedrooms split across 689 square feet of gross internal area and has a garden to £202,431 for a freehold house, with 5 bedrooms split across 1,884 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE8 4EL is £125/ft2.
Properties achieve a rental yield of between 7% and 9.4%, and rental values range from £777 to £1,212 per month.
Recent sales
within NE8 4EL
The last sale was 11 Nov 2020 for £155,000 and since then the market in the area has increased by 12.5%. The postcode has had a total of 4 sales since 1995.
NE8 4EL has seen no sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE8 4EL
NE8 4EL is the 706th largest and the 774th most expensive postcode out of the 1,084 postcodes in the NE8 area.
Nearby postcodes
to NE8 4EL
NE8 4EL is the 706th largest and the 774th most expensive postcode out of the 1,084 postcodes in the NE8 area.
Property types
in NE8 4EL
NE8 4EL is a residential postcode located on Durham Road, Gateshead, NE8 with 15 houses, 3 flats and 10 unknown within its bounds.
The most common property type in NE8 4EL is a period house built between 1800 and 1911.
Energy Efficiency
of properties within NE8 4EL
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being E.
Schools nearby
to NE8 4EL
Public transport nearby
to NE8 4EL
The closest station to NE8 4EL is Newcastle station which is 2.0 kilometres away.
