What can you afford in Gateshead?
2,011 homes changed hands in Gateshead over the last 12 months (Jul 2025 – Jun 2026). Half sold for £160,000 or less, a quarter for under £122,000, and three quarters for under £230,295. Buying the median home with a 10% deposit needs roughly a £32,000 salary at the typical 4.5× lending multiple , see what £32,000 takes home.
Affordability in one number: the median home here sold for 4.7× the local median full-time salary of £34,199 (ONS ASHE 2025). A typical lender stretches to about 4.5× one income plus your deposit, which is why the deposit and second incomes decide so much here.
Sold prices · Gateshead
£160,000
median sold price, Jul 2025 – Jun 2026
- A quarter under
- £122,000
- Three quarters under
- £230,295
- Sales
- 2,011
- HPI average
- £158,765
What each salary reaches here
Budget = 4.5× salary with a 10% deposit, against the 2,011 actual sales.
| Salary | Budget | Share of sales in reach |
|---|---|---|
| £25,000 | £125,000 | 26.9% |
| £35,000 | £175,000 | 57.5% |
| £50,000 | £250,000 | 80% |
| £75,000 | £375,000 | 94.6% |
| £100,000 | £500,000 | 95.6% |
By property type · median sold price
And the salary that price implies, at 4.5× with 10% down.
| Type | Median · sales | Salary needed |
|---|---|---|
| Flat | £102,500 · 313 | ≈£20,500 |
| Terraced house | £145,000 · 699 | ≈£29,000 |
| Semi-detached house | £175,000 · 724 | ≈£35,000 |
| Detached house | £315,000 · 275 | ≈£63,000 |
For context, the UK House Price Index puts Gateshead average prices up 6.3% over 12 months.
Nearby in the index
- Fenland
- Flintshire
- Folkestone and Hythe
- Forest of Dean
- Fylde
- Gedling
- Gloucester
- Gosport
- Gravesham
- Great Yarmouth
Sold prices: HM Land Registry Price Paid Data (standard residential sales), Jul 2025 – Jun 2026, standard residential sales, England & Wales. Averages: UK House Price Index (HM Land Registry / ONS). Lending estimates use a typical 4.5× single-income multiple and are not a mortgage offer or financial advice.