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Gateshead property prices

The average property price in Gateshead city is £139k. The average price increased by £1.9k (1%) over the last twelve months. The price of an established property is £139k. The price of a newly built property is £195k. There were 1.4k property sales and sales dropped by 13.2% (-237 transactions). Most properties were sold in the £100k-£150k price range with 452 (32.0%) properties sold, followed by £50k-£100k price range with 424 (30.0%) properties sold.

Gateshead

city
November 2018 - October 2019

£139k

average property price

1%

average price percentage change

£1.9k

average price change

England + Wales

November 2018 - October 2019

£292k

average property price

-1%

average price percentage change

£-2.4k

average price change

Gateshead house prices map

shows the average property price in a given postcode sector between November 2018 - October 2019. The most affordable place was 'NE8 3' with the average price of £108k. The most expensive place was 'NE9 5', £192k.

Gateshead house prices map
Postcode sectorAverage price % of Gateshead avg. price (£139k)
NE10 0£116k84%
NE10 8£131k94%
NE10 9£115k83%
NE11 0£144k103%
NE11 9£133k95%
NE8 1£119k86%
NE8 2£143k103%
NE8 3£108k77%
NE8 4£109k79%
NE9 5£192k138%
NE9 6£180k130%
NE9 7£132k95%

Gateshead house prices compared to other cities

Comparison of the average property price and an average price percentage change by city. Price % change compares the average property price between November 2018 - October 2019 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in city.

Gateshead house prices compared to other citiesAverage price percentage change
Average property price

Gateshead house price rank

With the average price of £139k, Gateshead is the 20. cheapest city out of 113 England and Wales' cities.

Gateshead house price rank

Gateshead property sales share by price range

shows a number of properties sold in a given price range between November 2018 - October 2019.

Gateshead property sales share by price range
Property price rangeMarket shareSales volumes
under £50k3.8%54
£50k-£100k30.0%424
£100k-£150k32.0%452
£150k-£200k21.3%301
£200k-£250k6.7%95
£250k-£300k2.7%38
£300k-£400k2.1%30
£400k-£500k0.8%12
£500k-£750k0.6%8

Gateshead cost comparison of new homes and older homes

November 2018 - October 2019

Gateshead cost comparison of new homes and older homes

£195k

A newly built property

£139k

An established property

Gateshead cost comparison of houses and flats

November 2018 - October 2019

Gateshead cost comparison of houses and flats

£266k

Detached

£99.3k

Flat

£153k

Semi-Detached

£134k

Terraced

Gateshead real house prices

Yearly average nominal house prices adjusted for inflation.

Gateshead real house prices

Gateshead house prices compared to England & Wales' house prices

Yearly average nominal prices

Gateshead house prices

Gateshead house prices and nearby cities

Yearly average nominal prices

Gateshead house prices and nearby cities

Gateshead house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Gateshead house prices new vs established

Gateshead house prices by property type

Yearly average nominal prices

Gateshead house prices by property type
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