Key indicators for buyers
The NE9 market looks favourable for buyers. Prices have softened (-8.8%), which could present a buying opportunity. 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.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Gateshead area
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
Rental data shown for wider Gateshead area
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 £190,439 with a 25% deposit (£48k), a 2-year fixed mortgage at 3.97% costs around £752 per month.
Monthly cost comparison based on current data
Uses NE9 avg. price with Gateshead rental data
Monthly mortgage payments (£752) are £32 less than renting (£784). However, buying requires an upfront deposit of £48k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
31, PARK VIEW AVENUE NE9 5EN | Semi-detached | £350,000 | 26 Jan 2026 |
62, HEUGH HILL NE9 7NS | Semi-detached | £75,000 | 23 Jan 2026 |
2, HILLCROFT NORTH, STATION ROAD, LOW FELL NE9 6HD | Flat/Maisonette | £115,000 | 16 Jan 2026 |
1, JESSEL STREET NE9 6EP | Flat/Maisonette | £145,000 | 16 Jan 2026 |
607, DURHAM ROAD NE9 5HA | Flat/Maisonette | £180,000 | 16 Jan 2026 |
91, EASEDALE GARDENS NE9 6PZ | Terraced | £118,000 | 13 Jan 2026 |
28A, POPPLEWELL GARDENS NE9 6TU | Detached |
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 NE9 sold for £190,439 in 2026, with a median of £160,000 across 9 transactions. Prices fell 8.8% compared to the previous year.
| £371,000 |
| 9 Jan 2026 |
15, GLENRIDDING CLOSE NE9 6BF | Semi-detached | £199,950 | 5 Jan 2026 |
21, BORROWDALE GARDENS NE9 6ND | Semi-detached | £160,000 | 5 Jan 2026 |
4, LANGDALE ROAD NE9 5RN | Detached | £250,000 | 23 Dec 2025 |
87, HEUGH HILL NE9 7NS | Semi-detached | £135,000 | 22 Dec 2025 |
496, DURHAM ROAD NE9 6HU | Other | £200,000 | 22 Dec 2025 |
239, DURHAM ROAD NE9 5AB | Terraced | £327,000 | 19 Dec 2025 |
130, SHERIFFS HIGHWAY NE9 5SD | Terraced | £137,500 | 19 Dec 2025 |
3, MEDOMSLEY GARDENS NE9 7DA | Semi-detached | £125,000 | 19 Dec 2025 |
49, COLERIDGE AVENUE NE9 6EN | Semi-detached | £255,000 | 19 Dec 2025 |
10, FOSSE TERRACE NE9 5QL | Terraced | £120,000 | 19 Dec 2025 |
7, LYNDHURST GROVE, LOW FELL NE9 6AU | Detached | £625,000 | 19 Dec 2025 |
20, FLORENCE AVENUE NE9 5SQ | Terraced | £187,500 | 19 Dec 2025 |
7, WHINNEY PARK, DURHAM ROAD NE9 5FB | Flat/Maisonette | £360,000 | 18 Dec 2025 |
The most recent recorded sale in NE9 was a semi-detached property on Park View Avenue for £350,000 in January 2026. Across the last 20 sales, the median price was £187,500.