If you’re buying, selling, or simply keeping an eye on the housing market in Gateshead and the surrounding areas, understanding the local market statistics is essential. At Bells Estate Agents, we’re committed to providing you with clear, data-driven insights. Here’s a breakdown of everything you need to know about property trends in NE9, NE8, NE10, and NE11 from May 2025—without the fluff.
This month’s numbers show important shifts in supply, demand, and pricing that could shape your property decisions in the months ahead.
NE9 Property Market – May 2025
NE9, which includes areas such as Wrekenton, Springwell, and Beacon Lough, experienced notable growth in new listings, but a slight cooling in buyer activity.
Headline Figures:
- Properties for Sale: 229
⬆️ Up 10.63% compared to May 2024 - New Listings: 71
⬆️ A significant 61.36% year-on-year increase - Sales Agreed: 57
⬇️ Down 9.52% compared to May last year
These figures reflect a more active seller landscape with increased choice for buyers, but also heightened competition among listings.
Asking Price Data:
Type | May 2025 | YoY Change |
---|---|---|
Avg. Asking Price (New Listings) | £198,496 | ⬇️ -6.75% |
Avg. Asking Price (Sales Agreed) | £213,367 | ⬆️ +3.06% |
£ per sq ft (New Listings) | £206 | ⬆️ +8.99% |
£ per sq ft (Sales Agreed) | £181 | ⬇️ -13.00% |
The fall in per-square-foot sale prices suggests some sellers are accepting lower offers to secure deals, even as average sale asking prices tick upward.
Market Conditions:
Metric | May 2025 | Change vs. 2024 |
---|---|---|
Price Changes | 20 | ⬇️ -20.00% |
Withdrawn Listings | 15 | ⬇️ -25.00% |
Fall-Throughs | 17 | ⬆️ +54.55% |
A sharp rise in fall-throughs points to increased uncertainty or tighter buyer criteria, while fewer withdrawals may signal improved seller commitment.
NE8, NE10 & NE11 Market – May 2025
These postcodes cover popular areas such as Felling, Pelaw, Heworth, and Low Fell—key growth areas for both first-time buyers and investors.
Market Supply & Demand:
- Properties for Sale: 553
⬆️ Up 7.38% year-on-year - New Listings: 136
⬇️ Down 5.56% from May 2024 - Sales Agreed: 120
➡️ Unchanged from last year
A modest rise in listings paired with stable buyer activity shows this market segment is more balanced, avoiding the surge seen in NE9.
Price Breakdown:
Type | May 2025 | YoY Change |
---|---|---|
Avg. Asking Price (New Listings) | £149,853 | ⬇️ -6.63% |
Avg. Asking Price (Sales Agreed) | £145,157 | ⬆️ +8.57% |
£ per sq ft (New Listings) | £175 | ⬆️ +2.94% |
£ per sq ft (Sales Agreed) | £172 | ⬆️ +9.55% |
Unlike NE9, these areas have seen healthy growth in sale values per square foot—showing that buyer willingness to pay has increased, especially for competitively priced homes.
Additional Market Activity:
Metric | May 2025 | Change vs. 2024 |
---|---|---|
Price Changes | 64 | ⬆️ +10.34% |
Withdrawn Listings | 34 | ⬇️ -22.73% |
Fall-Throughs | 24 | ⬇️ -25.00% |
Lower withdrawal and fall-through rates suggest a stronger deal pipeline in NE8/10/11 and fewer last-minute surprises during the sales process.
At-a-Glance: Key Comparisons
Metric | NE9 | NE8/10/11 |
---|---|---|
Avg. New Asking Price | £198,496 | £149,853 |
Sales Agreed | 57 | 120 |
Avg. Agreed £/sq ft | £181 | £172 |
Fall-Throughs | 17 | 24 |
- NE9 leads in price per sq ft for listings, but NE8–NE11 outperforms on actual sales completion and buyer demand stability.
- Sellers in NE9 may need to price more strategically as buyer caution increases.
Why This Matters
Whether you’re an investor comparing yield potential or a homeowner weighing up your next move, these May 2025 property statistics offer vital clarity. Gateshead continues to be a resilient and in-demand area, but the data clearly shows that pricing, timing, and presentation are more important than ever.
Need Advice on Buying or Selling?
Bells Estate Agents are your local experts for NE9, NE8, NE10, and NE11. We interpret more than just the numbers—we help you act on them.
📞 Get in touch today for a free valuation or some complimentary advice.
Follow our pages on Instagram and Facebook to see properties before they hit the market or for some free advice.