Housing Market Analysis for NE16 3BJ

Are you looking to understand NE16 3BJ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Gateshead postcode.

For the location information and nearby amenities in the NE16 3BJ area, explore the NE16 3BJ Area information page.
For comprehensive crime statistics in the NE16 3BJ area, explore the NE16 3BJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE16 3BJ postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE16 3BJ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

    Please note that this data is populated based on the sold houses data given by the Land Registry.

    All the Sales in the NE16 3BJ

    See the table below for more details on the sold house prices in the NE16 3BJ, Gateshead postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the NE16 3BJ postcode. Properties currently for saleProperties currently for rent

    NE16 3BJ Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the NE16 3BJ postcode area

    Nearby Sold House Price Statstics

    Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NE16 3BJ postcode.

    • Other
      • The average price is around £1,337,295 median price is £354,000 Standard Deviation is £2,445,725 with Total Sold: 31
      • The Last 5 Year average price is £1,180,691 with Total Sold: 24
      • The most recent sale happened at this postcode is UNIT 6, FACTORY SHOP CENTRE TUNDRY WAY: £500,000 (Sold on 12 Sep 2023)
      • The first recorded sale happened at this postcode is , ARMSTRONG WORKS SCOTSWOOD ROAD: £6,000,000 (Sold on 30 Sep 2013)
    • Semi-Detached
      • The average price is around £310,000 median price is £310,000 Standard Deviation is £0 with Total Sold: 1
      • The most recent sale happened at this postcode is UNIT 7, CHAINBRIDGE INDUSTRIAL ESTATE TUNDRY WAY: £310,000 (Sold on 13 Jun 2007)
      • The first recorded sale happened at this postcode is UNIT 7, CHAINBRIDGE INDUSTRIAL ESTATE TUNDRY WAY: £310,000 (Sold on 13 Jun 2007)

    Sold Price Trend Over the Years:

    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£890,0003
    2022£1,100,0003
    2021£2,879,4885
    2020£272,9105
    2019£825,5748
    2018£450,0001
    2017£14,5651
    2016£3,700,0001
    2015£227,5002
    2013£4,250,0002
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2007£310,0001

    House Type in NE16 3BJ area

    The most common house types in the NE16 3BJ postcode area are Semi-detached (67), Detached (54), and Terraced (49).

    Total181
    Semi-detached67
    Detached54
    Terraced49
    Flat11
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (76), and Owned: Owns outright (75).

    Owned: Owns with a mortgage or loan76
    Owned: Owns outright75
    Private rented: Private landlord or letting agency26
    Private rented: Other private rented4
    Does not apply0
    Shared ownership: Shared ownership0
    Social rented: Rents from council or Local Authority0
    Social rented: Other social rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE16 3BJ have 2 people in household (66), and 1 person in household (50).

    2 people in household66
    1 person in household50
    3 people in household30
    4 people in household25
    5 people in household6
    6 people in household2
    7 people in household1
    0 people in household0
    8 or more people in household0