Gateshead, Bensham

House Prices in NE8

Properties in NE8 have an average house price of £130,669.00 and had 1769 Property Transactions within the last 3 years.
The most expensive property was sold for £770,000.00.

Property Price Paid in NE8 by Year

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The average sold property price by year was:

Year Average Sold Price Sold Properties
2026 £144,640.00 231 Properties
2025 £131,079.00 466 Properties
2024 £131,321.00 486 Properties
2023 £124,294.00 586 Properties
2022 £128,502.00 630 Properties
2021 £122,215.00 541 Properties
2020 £121,287.00 433 Properties
2019 £115,879.00 452 Properties
2018 £111,227.00 621 Properties
2017 £117,547.00 535 Properties
2016 £122,452.00 650 Properties
2015 £116,618.00 538 Properties
2014 £116,145.00 521 Properties
2013 £114,056.00 396 Properties
2012 £110,392.00 366 Properties
2011 £101,392.00 329 Properties
2010 £110,564.00 314 Properties
2009 £111,439.00 322 Properties
2008 £113,713.00 514 Properties
2007 £115,513.00 1,187 Properties
2006 £108,042.00 1,042 Properties
2005 £101,848.00 1,260 Properties
2004 £97,412.00 1,353 Properties
2003 £80,856.00 1,202 Properties
2002 £47,560.00 814 Properties
2001 £33,445.00 457 Properties
2000 £31,444.00 469 Properties
1999 £30,226.00 427 Properties
1998 £27,564.00 397 Properties
1997 £29,837.00 348 Properties
1996 £28,654.00 376 Properties
1995 £27,504.00 287 Properties

Property Price per Property Type in NE8

Here you can find historic sold price data in order to help with your property search.

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The average Property Paid Price for specific property types in the last three years are:

Property Type Average Sold Price Sold Properties
Detached House £249,125.00 24 Detached Houses
Flat £106,449.00 1,025 Flats
Semi Detached House £157,970.00 174 Semi Detached Houses
Terraced House £162,228.00 546 Terraced Houses

Houses and Flats for sale in NE8, Gateshead, Bensham

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There are 137 results. Property prices in NE8 range from £50k to £313k with an average price of £140k.


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Property market in NE8

Average asking price £138k typical £124k
Most prices £55k – £334k leaving out the extremes
Homes for sale 137 32 more under offer
New to the market 42 in the last 30 days
Typical time to sell 8 weeks last 12 months
Asking prices, year on year +4.2% homes newly listed
Gross rental yield 7.8–10.5% houses 7.8%, flats 10.5%

What's for sale

163 homes · share, count and typical price
Flats and apartments 75.5% 123 · £100k
Terraced houses 14.1% 23 · £200k
Semi-detached houses 9.2% 15 · £190k
Other homes 1.2% 2 · £308k

How many bedrooms

share, count and typical price
Studio 0.6% 1 · £70k
1 bedroom 6.8% 11 · £98k
2 bedrooms 65.8% 106 · £100k
3 bedrooms 19.3% 31 · £190k
4 bedrooms 2.5% 4 · £185k
5+ bedrooms 5.0% 8 · £245k

Price bands

163 homes
Under £85k 19.6% 32
£85k – £100k 17.2% 28
£100k – £140k 20.9% 34
£140k – £190k 21.5% 35
£190k and over 20.9% 34

Houses and flats compared

HousesFlats
Share of homes for sale23%75%
Typical asking price£200k£100k
Average bedrooms3.32.0
Typical time to sell4 weeks12 weeks
Gross rental yield7.8%10.5%

Asking prices over time

typical asking price of the homes first listed each quarter · −14.7% since 2024 Q4 Median asking price per quarter in NE8 2024 Q4: £140k (246 new listings) £140k 2024 Q4 2025 Q1: £130k (305 new listings) £130k 2025 Q1 2025 Q2: £115k (293 new listings) £115k 2025 Q2 2025 Q3: £125k (301 new listings) £125k 2025 Q3 2025 Q4: £120k (237 new listings) £120k 2025 Q4 2026 Q1: £125k (246 new listings) £125k 2026 Q1 2026 Q2: £125k (247 new listings) £125k 2026 Q2 2026 Q3: £119k (224 new listings) £119k 2026 Q3

Prices in and around NE8

typical asking price, cheapest first
  1. NE8 £124k
  2. NE1 £140k
  3. NE11 £210k

Schools in NE8

8 primary · 0 secondary · 90% rated good or outstanding
  • Brighton Avenue Primary School primary · Outstanding
  • Corpus Christi Catholic Primary School primary · Outstanding
  • Kelvin Grove Community Primary School primary · Good
  • Caedmon Community Primary School primary · Good
  • St Aidan's Church of England Primary School primary · Good
  • St Joseph's Roman Catholic Voluntary Aided Primary School, Gateshead primary · Good

Based on 163 homes for sale on Houses now, 1,006 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Aug 2026 (Crown copyright). Schools: Ofsted. Updated November 2026.


Frequently Asked Questions about NE8


What is the average house price in NE8?

The average home for sale in NE8 is priced at £138,000. A few very expensive homes pull that average up, so a more typical price is £124,000. This is based on the 163 homes for sale on Houses right now.


How much does a 2 or 3 bedroom home cost in NE8?

A typical 2-bedroom home in NE8 costs £100,000 and a 3-bedroom home £190,000. So the extra bedroom adds about £90,000. 1-bedroom homes start at around £98,000.


What price range should I expect in NE8?

Most homes in NE8 are priced between £55,000 and £334,000, leaving out the very cheapest and most expensive. One in five costs less than £85,000, and one in five £190,000 or more.


How many homes are for sale in NE8?

There are 137 homes for sale in NE8 on Houses right now, plus 32 already under offer. 42 new listings came onto the market in the last 30 days.


Are house prices going up in NE8?

Yes. Homes put up for sale in NE8 over the last 12 months were advertised at a typical £125,000, 4.2% higher than the year before (£120,000). By size, 2-bedroom homes are down 9%, 3-bedroom homes are up 3% and 4-bedroom homes are down 11%.


How long does it take to sell a home in NE8?

Homes usually sell or come off the market within about 8 weeks. About 35% go within the first month, and a quarter take longer than about 5 months. Houses go faster, in about 4 weeks against about 12 weeks for flats.


What rental yield can I get in NE8?

About 10.5% gross for flats and 7.8% for houses. That compares typical rents with what flats and houses actually sold for in NE8 over the last year. Running costs, voids and mortgage interest are not taken off.


What type of homes are for sale in NE8?

Flats and apartments are the most common, about three quarters of homes for sale in NE8. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £100,000, and terraced houses the most expensive, at about £200,000.


Where are the cheapest places to buy near NE8?

Of the areas around NE8, NE1 is the cheapest, with a typical asking price of £140,000, followed by NE11 (£210,000). NE8 itself is £124,000.


Are homes in NE8 freehold or leasehold?

About a quarter of homes for sale in NE8 are freehold and the rest leasehold, which is mostly flats. There is 1 new-build home on the market too.


What are the schools like in NE8?

There are 8 primary and 0 secondary schools in NE8. 90% of those inspected by Ofsted were rated good or outstanding, and 4 were outstanding.


Which areas are included in the NE8 postcode district?

The main areas within NE8 include Gateshead and Bensham.


What has been the average sold property price in NE8 over the last three years?

Flats in NE8 have an average sold price of £106,449, while Terraced Houses have an average of £162,228. Semi Detached Houses have an average of £157,970 and Detached Houses have an average of £249,125. The average sold property price in NE8 over the last three years is approximately £135,680.