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NE8 4YY

NE8 4YY

Last update: Sep 2024

Postcode Overview

of NE8 4YY

NE8 4YY is a residential postcode located on Wetherby Grove, Gateshead, NE8. It is the 651st largest postcode in the NE8 area.

It contains 24 residential addresses consisting of 8 houses, 9 flats and 7 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.

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Average property prices

in NE8 4YY

The average house value is £116,806. Sales values have increased in the last 12 months by 3.4% and Rental values have increased by 10.2%.

Property sale values range from £66,261 for a leasehold flat, with 2 bedrooms split across 506 square feet of gross internal area and has no outside space to £132,875 for a freehold house, with 4 bedrooms split across 1,141 square feet of gross internal area and has a garden.

Average £/ft2 for properties in NE8 4YY is £128/ft2.

Properties achieve a rental yield of between 7.4% and 9.7%, and rental values range from £537 to £815 per month.

Sale value change
12 months
3.4%
Rental value change
12 months
10.2%
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Recent sales

within NE8 4YY

The last sale was 25 Aug 2020 for £90,000 and since then the market in the area has increased by 14.3%. The postcode has had a total of 4 sales since 1995.

NE8 4YY has seen no sales in the last three years and no sales in the last twelve months.

£90,000
Aug-2020
Sold
£112,500
May-2017
Sold
£95,000
Nov-2014
Sold
£58,000
Jun-2014
Sold
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Nearby postcodes

to NE8 4YY

NE8 4YY is the 651st largest and the 437th most expensive postcode out of the 1,084 postcodes in the NE8 area.

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Nearby postcodes

to NE8 4YY

NE8 4YY is the 651st largest and the 437th most expensive postcode out of the 1,084 postcodes in the NE8 area.

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Property types

in NE8 4YY

NE8 4YY is a residential postcode located on Wetherby Grove, Gateshead, NE8 with 8 houses, 9 flats and 7 unknown within its bounds.

The most common property type in NE8 4YY is a mid-century flat built between 1936 and 1979.

mid-century house (8)
mid-century flat (9)
Unknown (7)
Energy Efficiency

Energy Efficiency

of properties within NE8 4YY

The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.

A (0)
E (2)
B (0)
F (0)
C (10)
G (0)
D (5)
No EPC (7)
Schools nearby

Schools nearby

to NE8 4YY

The nearest primary school to NE8 4YY is Corpus Christi Catholic Primary School, Gateshead which is 400 metres away and is rated Outstanding by Ofsted.
400 m
Corpus Christi Catholic Primary School, Gateshead
Outstanding
500 m
Kelvin Grove Community Primary School
Good
600 m
Brighton Avenue Primary School
Outstanding
The nearest secondary school is Grace College which is 2.1 kilometres away and is rated RequiresImprovement by Ofsted.
2.1 km
Grace College
Requires improvement
2.2 km
North East Futures UTC
Requires improvement
2.3 km
Kingsmeadow Community Comprehensive School
Good
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to NE8 4YY

The closest station to NE8 4YY is Dunston station which is 1.6 kilometres away.

1.6 km
Dunston
2.4 km
Newcastle
3.0 km
Manors
3.4 km
MetroCentre
Source: National Rail
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