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Postcode Overview
of NE8 4XB
NE8 4XB is a residential postcode located on Lobley Hill Road, Gateshead, NE8. It is the 814th largest postcode in the NE8 area.
It contains 35 residential addresses consisting of 3 houses, 23 flats and 9 unknown and the most common type of property is a early-century flat built between 1912 and 1935.
Average property prices
in NE8 4XB
The average house value is £57,932. Sales values have increased in the last 12 months by 3.2% and Rental values have increased by 9.9%.
Property sale values range from £51,178 for a leasehold flat, with 2 bedrooms split across 614 square feet of gross internal area and has no outside space to £188,599 for a freehold house, with 4 bedrooms split across 1,313 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE8 4XB is £86/ft2.
Properties achieve a rental yield of between 6.7% and 9.5%, and rental values range from £402 to £1,060 per month.
Recent sales
within NE8 4XB
The last sale was 18 Oct 2023 for £55,250 and since then the market in the area has increased by 4.8%. The postcode has had a total of 4 sales since 1995.
NE8 4XB has seen 4 sales in the last three years and 2 sales in the last twelve months.
Nearby postcodes
to NE8 4XB
NE8 4XB is the 814th largest and the 54th most expensive postcode out of the 1,084 postcodes in the NE8 area.
Nearby postcodes
to NE8 4XB
NE8 4XB is the 814th largest and the 54th most expensive postcode out of the 1,084 postcodes in the NE8 area.
Property types
in NE8 4XB
NE8 4XB is a residential postcode located on Lobley Hill Road, Gateshead, NE8 with 3 houses, 23 flats and 9 unknown within its bounds.
The most common property type in NE8 4XB is a early-century flat built between 1912 and 1935.
Energy Efficiency
of properties within NE8 4XB
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to NE8 4XB
Public transport nearby
to NE8 4XB
The closest station to NE8 4XB is Dunston station which is 1.2 kilometres away.
