Property profile

3 Watt Street

Map showing 3 Watt Street, Gateshead

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£70,000

Flats sold in Saltwell

The box shows the middle 50% of flats sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold22 Oct 2007
£72,000Change since last sale: −£4,000 (−5.3%)
Annualised change
−0.3% per yearGateshead annualised change (flats) since 2007: −0.1% per yearThis property's value is moving in line with the market
Price per sq ftLocal median £124 per sq ft
£115 per sq ftEstimate vs local median: −£9 per sq ft (−6.9%)
Local sold pricesMedian for flats in Saltwell
£100,000Estimate vs local median: −£32,000 (−32%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / End-Terrace
TenureLeasehold
Construction period1930-1949
Floor area55 m² / 592 sq ft
Rooms3 habitable / 3 heated
Floor level1
EPC ratingE
EPC inspection17 Aug 2024

Sales history

DatePriceChange
22 Oct 2007£72,000+227%
17 Aug 2001£22,000-

Local market

Property prices in Saltwell

Median price: £138,250
Price per sq ft: £149
Sales (last 12 months): 102
Typical range (middle 50%): £100K – £206K

Based on 102 recent sales, the median property price is £138,250 (about £149 per square foot) in Saltwell area, with individual transactions ranging from £60,000 up to £750,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Saltwell over the last year.
TypeSalesMedian£/sq ft
Detached5£552,000£295
Semi-Detached20£208,750£188
Terraced30£180,000£151
Flats47£100,000£124

10-year price trendmedian sale price in Saltwell

Sale price

Ten year median sale price trend for each property type in Saltwell.
YearDetachedFlatsSemi-DetachedTerraced
2016£250,000£75,650£249,950£164,000
2017£289,626£83,250£267,475£166,650
2018£404,950£76,000£229,000£162,675
2019£585,000£77,250£212,500£150,000
2020£383,000£87,000£179,995£170,000
2021£199,995£90,000£189,000£162,000
2022£193,385£89,250£196,000£156,828
2023£252,000£94,000£232,500£179,500
2024£391,000£100,000£199,600£162,500
2025£275,000£99,500£213,500£177,500
2026£400,000£105,500£165,000£180,000
Ten year median sale price trend for each property type in Saltwell.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Saltwell.
YearDetachedFlatsSemi-DetachedTerraced
2016£184£104£181£114
2017£194£109£187£122
2018£220£97£194£151
2019£233£90£175£114
2020£238£111£162£123
2021£162£117£156£132
2022£157£123£177£145
2023£207£124£206£145
2024£254£137£186£145
2025£258£127£217£152
2026£242£131£188£164
Ten year median sale price per square foot trend for each property type in Saltwell.

Price distribution by property typelast 12 months

Price distribution by property type for Saltwell in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near NE8 4TU.

Recent sold properties in the last 18 months near NE8 4TU
DateAddressTypeTenurePriceMap
11 Nov 202519, Watt Street, Gateshead, NE8 4TUFlatsLeasehold£67,000
19 Dec 202524, Telford Street, Gateshead, NE8 4TTTerracedFreehold£130,000
27 Aug 20255, Telford Street, Gateshead, NE8 4TTTerracedFreehold£150,000
26 Nov 2025264, Saltwell Road, Gateshead, NE8 4TPFlatsLeasehold£39,999
26 Nov 2025264, Saltwell Road, Gateshead, NE8 4TPFlatsLeasehold£39,999

Other properties at this postcode

AddressTenureFloor areaLast sale
2, Watt Street, GatesheadLeasehold57 m²£60,000 (2017)
4, Watt Street, GatesheadFreehold59 m²£60,000 (2017)
5, Watt Street, GatesheadFreehold54 m²£72,000 (2007)
8 Watt Street, Gateshead-61 m²-
9, Watt Street, GatesheadLeasehold64 m²£25,950 (1997)
10 Watt Street, GatesheadFreehold64 m²£68,000 (2025)
11 Watt Street, GatesheadLeasehold53 m²£23,500 (2001)
12 Watt Street, GatesheadLeasehold96 m²£68,000 (2025)
13 Watt Street, Gateshead-64 m²-
14, Watt Street, GatesheadLeasehold59 m²£16,250 (1995)

Area insights for NE8 4TU

Full area profile →

Overview

Postcode NE8 4TU is located in a major urban area, within the Saltwell area of Gateshead in the North East region, and forms part of the Bensham South & Saltwell area. It has very high deprivation and high crime levels, with around 87.4 crimes per 1,000 residents per year, about 25% below the North East average of 117 per 1,000. The average income per household in Bensham South & Saltwell is £45,511 per year. The median sale price in Saltwell is £138,250 (around £149 per square foot), with typical sale prices between £100,000 and £206,125. The nearest station is Dunston, about 1.1 miles away. There are 10 primary and no secondary schools in the area. There are 2 parks nearby, the closest large park is Saltwell Park.

Crime rate
8/10
Crimes per 1k residents
87
Deprivation level
9/10
Income level
7/10
Social housing
7%
Connectivity
N/A
Flood Risk
No risk
Noise Level
Moderate

Deprivation level

9/10

Bensham South & Saltwell has a very high level of deprivation, ranked at position 4,953 out of 32,844 areas in England, placing it within the top 15% most deprived areas in England.

Crime level

8/10

Bensham South & Saltwell has a high crime rate, with approximately 87.4 reported incidents per 1,000 population each year.

Social housing

7%

Approximately 7.0% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 15.4% of dwellings are socially rented.

Income level

7/10

The average income per household in Bensham South & Saltwell is £45,511 per year.

Noise Level

Moderate

Moderate noise level (65.0-69.9 dB) from rail, approximately 25 ft away from NE8 4TU.

Flood risk

No risk

Bensham South & Saltwell near NE8 4TU has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Dunston located about 1.1 miles away. There are no other stations nearby.

Parks

Nearby parks and green spaces for NE8 4TU
DistanceNameSizeDirections
0.4 miSaltwell ParkLargeWalking directions to Saltwell Park
0.5 miAvondale ParkSmallWalking directions to Avondale Park

Area Profile

Population
242
Population density
9,198.5 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
40.99(+6%)
Criminal damage and arson
10.75(-6%)
Vehicle crime
9.41(+129%)
Anti-social behaviour
7.39(-66%)
Other theft
7.39(+23%)
North East average

Demographics

Ethnic groups

British
185
76.76%
Other White
20
8.3%
African
7
2.9%
White and Black African (mixed)
7
2.9%
Other Asian
6
2.49%
Total population: 241

Economics

Education (age 16+)

No qualifications
46
23.83%
Level 4+ (Degree)
44
22.8%
Level 3 (A level)
34
17.62%
Level 2 (GCSEs 9-4)
26
13.47%
Apprenticeship
22
11.4%
Total 16+ residents: 193

Housing

Housing tenure

Private landlord or letting agency
69
53.91%
Owns outright
24
18.75%
Owns with a mortgage
23
17.97%
Other social rented
6
4.69%
Social rents from council
3
2.34%
Total households: 128

Schools

In the NE8 4TU postcode area, located within Bensham South & Saltwell, there are 10 primary and 0 secondary schools in close proximity.

Ratings include official Ofsted judgements and Area360 summaries of inspection grades. Open a school’s inspection details to see the full breakdown.

Nearby schools for NE8 4TU
DistancePhaseNameTypeRatingLinks
0.2 miPrimaryKelvin Grove Community Primary SchoolCommunity school
0.2 miPrimaryCorpus Christi Catholic Primary School, GatesheadAcademy converter
0.4 miPrimaryBrighton Avenue Primary SchoolCommunity school

Local amenities

9 nearby supermarkets & convenience stores within 0.5 mi of NE8 4TU

Nearby supermarkets & convenience stores for NE8 4TU
DistanceNameAddressDirections
0.2 miThe Corner Shop285 Rawling Road, Bensham, Gateshead, NE8 4QUWalking directions to The Corner Shop
0.2 miInternational Food Store76-78 Saltwell Road, Gateshead, NE8 4XEWalking directions to International Food Store
0.3 miWhitehall Convenience StoreRawling Road, Gateshead, NE8 4QTWalking directions to Whitehall Convenience Store
0.3 miShop LocalBensham Road, Gateshead, NE8 4TEWalking directions to Shop Local
0.3 miLidlKyle Road, Gateshead, NE8 2YEWalking directions to Lidl