Mortgages · Gateshead

Mortgages in Gateshead. The typical home needs £15,604 down.

The average home in Gateshead is £156,036 in the UK House Price Index for August 2026, up 4.4% on a year earlier. With a 10% deposit of £15,604, you would borrow £140,432.

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Mortgages in Gateshead: a Homie illustration

£156,036average home, UK HPI
£15,60410% deposit
£31,207household income at 4.5× the loan
£0stamp duty for a first-time buyer

The short answer

Mortgages in Gateshead, in 30 seconds

The price: The average home in Gateshead is £156,036.
The deposit: 10% is £15,604. 5% deposit mortgages exist, but the rates are higher.
The income: Many lenders cap borrowing at around 4.5 times income, so a £140,432 loan needs roughly £31,207 a year, alone or jointly.
The advice: A free consultation with a specialist adviser looks at deals across the market for your own numbers.

Ten years of prices

Gateshead house prices since 2016

From £120,728 to £156,036. Up 14.5% over five years.

Average price each year to August 2026, Gateshead.

Nearby

How Gateshead compares with its neighbours

Average home in each council area, with the change over five years.

Newcastle upon Tyne £211,255+23.2%
Wallsend £205,554+22.5%
South Shields £160,518+18.1%
Gateshead £156,036+14.5%
Sunderland £147,763+18.3%

FAQ

Mortgages in Gateshead: your questions

How much deposit do I need to buy in Gateshead?

At the average price of £156,036, a 10% deposit is £15,604 and 5% is £7,802. A bigger deposit usually unlocks lower rates.

What salary do I need for a mortgage in Gateshead?

With 10% down on the average home, the loan is £140,432. At 4.5 times income that means around £31,207 a year. Each lender sets its own limits, so treat this as a starting point.

Have Gateshead house prices gone up?

Over five years the average home is up 14.5%, and over the last year it is up 4.4%.

How do Gateshead house prices compare with nearby towns?

The average home in Gateshead is £156,036. It costs more in Newcastle upon Tyne (£211,255) and Wallsend (£205,554). It costs less in Sunderland (£147,763).

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