NE8 4US is a residential postcode located on Berners-Lee Road, Gateshead, NE8. It is the 594th largest postcode in the NE8 area.
It contains 21 houses and the most common type of property is a modern house built after 1980.
The average house value is £183,031. Sales values have increased in the last 12 months by 2.3% and Rental values have increased by 9.0%.
Property sale values range from £175,795 for a freehold house, with 3 bedrooms split across 1,001 square feet of gross internal area and has a garden to £200,376 for a freehold house, with 4 bedrooms split across 1,152 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE8 4US is £170/ft2.
Properties achieve a rental yield of between 6.7% and 6.9%, and rental values range from £1,009 to £1,120 per month.
The last sale was 01 Dec 2023 for £45,000 and since then the market in the area has increased by 7.7%. The postcode has had a total of 4 sales since 1995.
NE8 4US has seen 3 sales in the last three years and 1 sale in the last twelve months.
NE8 4US is the 594th largest and the 843rd most expensive postcode out of the 1,084 postcodes in the NE8 area.
NE8 4US is the 594th largest and the 843rd most expensive postcode out of the 1,084 postcodes in the NE8 area.
NE8 4US is a residential postcode located on Berners-Lee Road, Gateshead, NE8 with 21 houses within its bounds.
The most common property type in NE8 4US is a modern house built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
The closest station to NE8 4US is Dunston station which is 1.6 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 4US, 42.0% of property is privately owned with a mortgage and 21.0% is privately rented.
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 4US, 19.9% of residents are recorded as possessing school level qualifications and 40.8% 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 4US, the average age was 35.8 and the most common age was 32.
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 4US, 0.0% 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 4US, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.