šĀ House Prices in Gateshead
The average house price in Gateshead now sits at approximately £151,000, up from around £149,000 a year ago.
This represents modest annual growth of around 1%, showing that while the market has stabilised, values are still edging upward rather than falling - particularly important in the current economic climate.
š Ā Property Prices by Type
Average prices across Gateshead currently sit at approximately:
⢠Detached: £282,000
⢠Semi-detached: £176,000
⢠Terraced: £147,000
⢠Flats: £95,000
Semi-detached and terraced homes continue to perform well, while flats remain one of the most accessible entry points for first-time buyers and buy-to-let investors.
š·Ā Rental Market Update
The rental market remains one of Gatesheadās strongest fundamentals.
⢠Average monthly rent: ~£782
⢠Annual rental growth: ~7.3%
Rents in Gateshead now sit above the North East average, reflecting sustained tenant demand.
Typical monthly rents:
⢠1-bed: ~£575
⢠2-bed: ~£703
⢠3-bed: ~£820
⢠4+ beds: £1,170+
Demand remains strong across both smaller rental properties and family homes.
šĀ What This Means for Landlords
From a property investment perspective, Gateshead continues to stand out as a market offering a strong combination of:
⢠Robust rental performance
⢠Stable, resilient capital values
⢠Relatively low entry prices compared to national averages
This creates opportunities for investors seeking income-led strategies, long-term growth, or a balanced approach combining both. Terraced and semi-detached homes remain particularly popular, supported by consistent demand and attractive yields.
Thinking of Buying, Selling, Letting, or Investing in Gateshead?
Market data is useful - but local expertise makes the real difference.
If youāre considering your next move in Gateshead, the team at NGU Homes can help you:
⢠Identify the right opportunities
⢠Price accurately and competitively
⢠Market effectively
⢠Make informed decisions based on real-world local market conditions
š Get in touch today to discuss your plans.
Recent properties weāve marketed inĀ GatesheadĀ include:
2 Bed Terraced Flat for sale - Meadow Lane, Dunston, Gateshead, NE11
Marketed £50,000
3 Bed End Terraced House to rent - Masefield Drive, Gateshead, NE8
Marketed £750 per month
šĀ Speak to one of our investment specialists today


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