£65,000
Flats sold in Lobley Hill and Bensham
Half of similar homes sold within the box; most sold within the wider line.
An indicative model estimate, not a survey or formal valuation.
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 .
No recorded sales for this property in HM Land Registry data.
Based on 81 recent sales, the median property price is £162,500 (about £174 per square foot) in Lobley Hill and Bensham area, with individual transactions ranging from £40,000 up to £330,000.
| Type | Sales | Median | £/sq ft |
|---|---|---|---|
| Detached | 8 | £248,750 | £233 |
| Terraced | 23 | £176,000 | £157 |
| Semi-Detached | 37 | £162,500 | £193 |
| Flats | 13 | £71,500 | £104 |
Sale price
| Year | Detached | Flats | Semi-Detached | Terraced |
|---|---|---|---|---|
| 2016 | £221,100 | £73,500 | £118,000 | £134,000 |
| 2017 | £200,000 | £63,625 | £125,000 | £115,000 |
| 2018 | £228,926 | £66,500 | £131,500 | £139,950 |
| 2019 | £220,000 | £62,000 | £139,950 | £117,250 |
| 2020 | £198,500 | £56,875 | £145,000 | £108,000 |
| 2021 | £253,750 | £72,500 | £133,000 | £122,000 |
| 2022 | £250,000 | £61,000 | £160,000 | £140,000 |
| 2023 | £247,500 | £74,000 | £149,500 | £163,000 |
| 2024 | £283,000 | £77,000 | £157,500 | £160,875 |
| 2025 | £250,000 | £70,000 | £162,250 | £155,000 |
| 2026 | £243,750 | £71,500 | £161,000 | £197,000 |
Price per sq ft
| Year | Detached | Flats | Semi-Detached | Terraced |
|---|---|---|---|---|
| 2016 | £197 | £104 | £152 | £129 |
| 2017 | £200 | £86 | £157 | £112 |
| 2018 | £213 | £90 | £163 | £132 |
| 2019 | £200 | £81 | £175 | £114 |
| 2020 | £231 | £72 | £161 | £98 |
| 2021 | £214 | £91 | £174 | £143 |
| 2022 | £239 | £99 | £197 | £139 |
| 2023 | £238 | £105 | £188 | £160 |
| 2024 | £235 | £97 | £189 | £157 |
| 2025 | £273 | £114 | £190 | £157 |
| 2026 | £196 | £104 | £186 | £157 |
There were 50+ recent sold properties in the last 18 months near NE8 4YY.
| Date | Address | Type | Tenure | Price | Map |
|---|---|---|---|---|---|
| 27 Feb 2026 | 94, Armstrong Street, Gateshead, NE8 4XS | Semi-Detached | Freehold | £124,000 | |
| 08 Aug 2025 | 6, Sandown Gardens, Gateshead, NE8 4XU | Semi-Detached | Freehold | £167,000 | |
| 12 Jun 2026 | 24, Macadam Street, Gateshead, NE8 4TS | Detached | Freehold | £190,000 | |
| 19 Dec 2025 | 24, Telford Street, Gateshead, NE8 4TT | Terraced | Freehold | £130,000 | |
| 27 Aug 2025 | 5, Telford Street, Gateshead, NE8 4TT | Terraced | Freehold | £150,000 |
| Address | Tenure | Floor area | Last sale |
|---|---|---|---|
| 1, Wetherby Grove, Gateshead | Freehold | 84 m² | £90,000 (2020) |
| 3 Wetherby Grove, Gateshead | - | 86 m² | - |
| 4, Wetherby Grove, Gateshead | Freehold | 85 m² | £95,000 (2014) |
| 7, Wetherby Grove, Gateshead | Leasehold | 47 m² | £58,000 (2014) |
| 10, Wetherby Grove, Gateshead | - | 68 m² | - |
| 11 Wetherby Grove, Gateshead | - | 48 m² | - |
| 12, Wetherby Grove, Gateshead | - | 56 m² | - |
| 13, Wetherby Grove, Gateshead | - | 48 m² | - |
| 16 Wetherby Grove, Gateshead | - | 58 m² | - |
| 17, Wetherby Grove, Gateshead | - | 49 m² | - |
Postcode NE8 4YY is located in a major urban area, within the Lobley Hill and Bensham area of Gateshead in the North East region, and forms part of the Bensham North area. It has very high deprivation and very high crime levels, with around 124.7 crimes per 1,000 residents per year, in line with the North East average of 117 per 1,000. The average income per household in Bensham North is £38,098 per year. The median sale price in Lobley Hill and Bensham is £162,500 (around £174 per square foot), with typical sale prices between £130,000 and £220,000. The nearest station is Dunston, about 1 miles away. There are 9 primary and no secondary schools in the area.
Bensham North has a very high level of deprivation, ranked at position 2,118 out of 32,844 areas in England, placing it within the top 6% most deprived areas in England.
Bensham North has a very high crime rate, with approximately 124.7 reported incidents per 1,000 population each year.
Approximately 60.3% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 28.8% of dwellings are socially rented.
The average income per household in Bensham North is £38,098 per year.
Moderate noise level (65.0-69.9 dB) from rail, approximately 97 ft away from NE8 4YY.
Bensham North near NE8 4YY has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.
The nearest station is Dunston located about 1 miles away. There are no other stations nearby.
In the NE8 4YY postcode area, located within Bensham North, there are 9 primary and 0 secondary schools in close proximity.
7 nearby supermarkets & convenience stores within 0.5 mi of NE8 4YY
| Distance | Name | Address | Directions |
|---|---|---|---|
| 0.2 mi | International Food Store | 76-78 Saltwell Road, Gateshead, NE8 4XE | Walking directions to International Food Store |
| 0.2 mi | Lidl | Kyle Road, Gateshead, NE8 2YE | Walking directions to Lidl |
| 0.3 mi | The Corner Shop | 285 Rawling Road, Bensham, Gateshead, NE8 4QU | Walking directions to The Corner Shop |
| 0.3 mi | Shop Local | Bensham Road, Gateshead, NE8 4TE | Walking directions to Shop Local |
| 0.3 mi | Whitehall Convenience Store | Rawling Road, Gateshead, NE8 4QT | Walking directions to Whitehall Convenience Store |