Data from Land Registry, ONS, Bank of England
Compare with another area →Key indicators for buyers
The Gateshead market looks favourable for buyers. Affordability has improved from a peak of 5.9x in 2021 to 4.9x today. Rising rents (£784/mo, +6.1%) mean the cost of waiting is real.
Average sale prices · HM Land Registry / UK HPI
House price ÷ median earnings · ONS data
A home in Gateshead costs 4.9x the local median salary — relatively affordable, improving from a peak of 5.9x in 2021.
Average monthly rent · ONS Private Rental Index
Average monthly rent in Gateshead is £784, up 6.1% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Gateshead price of £150,116 with a 25% deposit (£38k), a 2-year fixed mortgage at 3.97% costs around £592 per month.
Monthly cost comparison based on current data
Monthly mortgage payments (£592) are £192 less than renting (£784). However, buying requires an upfront deposit of £38k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
8, IVY AVENUE NE40 3PU | Terraced | £242,000 | 26 Jan 2026 |
31, PARK VIEW AVENUE NE9 5EN | Semi-detached | £350,000 | 26 Jan 2026 |
53, FRONT STREET, WINLATON NE21 6AG | Terraced | £130,000 | 26 Jan 2026 |
29, GREBE CLOSE NE11 9FD | Flat/Maisonette | £125,000 | 23 Jan 2026 |
28, DONSIDE NE10 8RE | Semi-detached | £125,000 | 23 Jan 2026 |
27, HARLESTON WAY NE10 9BG | Semi-detached | £180,000 | 23 Jan 2026 |
7, COMMERCIAL STREET, WINLATON NE21 5QX | Terraced |
10postcode districts · Click for detailed prices
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in Gateshead sells for £150,116, down slightly (0.7%) over the past year. Prices have grown from around £39k in the mid-1990s.
| £90,000 |
| 23 Jan 2026 |
39, MOORMILL NE11 0YP | Terraced | £142,000 | 23 Jan 2026 |
35, THE WILLOWS NE10 8BW | Terraced | £160,000 | 23 Jan 2026 |
1, OTTOVALE CRESCENT NE21 6BG | Semi-detached | £198,000 | 23 Jan 2026 |
10, BURNLEY STREET NE21 4DD | Terraced | £125,000 | 21 Jan 2026 |
4, KING EDWARD ROAD NE40 3EJ | Terraced | £158,000 | 21 Jan 2026 |
87, MARIAN COURT NE8 2JB | Terraced | £105,000 | 19 Jan 2026 |
150, FERN DENE ROAD NE8 4RY | Terraced | £229,950 | 19 Jan 2026 |
2, TYNE VIEW GARDENS NE10 0YP | Semi-detached | £118,500 | 16 Jan 2026 |
51, WINDMILL WAY NE8 1PJ | Terraced | £236,000 | 16 Jan 2026 |
32, MALVERN GARDENS NE11 9LJ | Semi-detached | £148,000 | 16 Jan 2026 |
607, DURHAM ROAD NE9 5HA | Flat/Maisonette | £180,000 | 16 Jan 2026 |
38, BEWICKE VIEW, BIRTLEY DH3 1RU | Detached | £215,000 | 16 Jan 2026 |
28, FELLSIDE, BIRTLEY DH3 2NE | Terraced | £135,000 | 16 Jan 2026 |
The most recent recorded sale in Gateshead was a terraced property on Ivy Avenue for £242,000 in January 2026. Across the last 20 sales, the median price was £158,000.