Housing Market Analysis for THE COVERS, NE16 3DB

Are you looking to understand NE16 3DB 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 3DB area, explore the NE16 3DB Area information page.
For comprehensive crime statistics in the NE16 3DB area, explore the NE16 3DB Crime Rates page.

Overview of Sold House prices

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

Terraced
- The average price is around £108,145 median price is £117,500 Standard Deviation is £20,767 with Total Sold: 41
- The Last 5 Year average price is £129,417 with Total Sold: 6
- The most recent sale happened at this postcode is 21 THE COVERS: £165,000 (Sold on 31 Oct 2023)
- The first recorded sale happened at this postcode is 24 THE COVERS: £81,950 (Sold on 10 Oct 2002)
Semi-Detached
- The average price is around £115,450 median price is £110,000 Standard Deviation is £34,413 with Total Sold: 31
- The Last 5 Year average price is £124,125 with Total Sold: 4
- The most recent sale happened at this postcode is 9 THE COVERS: £200,000 (Sold on 30 Oct 2023)
- The first recorded sale happened at this postcode is 1 THE COVERS: £88,750 (Sold on 26 Jul 2002)
Flat
- The average price is around £107,725 median price is £107,725 Standard Deviation is £20,775 with Total Sold: 2
- The Last 5 Year average price is £128,500 with Total Sold: 1
- The most recent sale happened at this postcode is 11 THE COVERS: £86,950 (Sold on 01 Nov 2002)
- The first recorded sale happened at this postcode is 11 THE COVERS: £128,500 (Sold on 05 Jul 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 3DB 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.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£165,000		1
2022	£120,500	£2,015	3
2021	£125,000	£2,173	2
2018	£115,000	£2,018	1
2017	£118,000	£2,034	1
2016	£148,500	£2,357	1
2015	£118,000	£2,034	1
2013	£99,000	£1,678	1
2011	£118,000	£2,034	1
2009	£120,000	£2,069	1
2008	£135,000	£2,455	1
2007	£133,400	£2,300	1
2006	£119,950	£2,104	1
2005	£122,500	£2,112	1
2004	£118,300	£2,062	5
2003	£106,500	£1,584	5
2002	£84,721	£1,332	14

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£200,000	£2,667	1
2021	£130,000	£1,548	1
2019	£83,250	£1,435	2
2017	£182,500	£1,674	1
2015	£135,500	£1,807	1
2012	£136,000	£1,248	1
2008	£112,475	£1,986	2
2007	£144,500	£2,275	4
2006	£158,500	£2,201	1
2005	£135,000		1
2004	£128,738	£1,835	4
2003	£110,000		1
2002	£82,459	£1,331	11

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2002	£86,950	£1,338	1
2024	£128,500		1

All the Sales in the THE COVERS, NE16 3DB

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

Address	Sold Date	Price	% Change
21 THE COVERSTerraced, Freehold	31 Oct 2023	£165,000	11.11%
	22 Jul 2016	£148,500	25.85%
	04 Apr 2003	£118,000	28.33%
	02 Dec 2002	£91,950	First Sale
9 THE COVERSSemi-Detached, LeaseholdArea: 75 Sq.mtrAge: 2003-2006	30 Oct 2023	£200,000	47.60%
	23 Mar 2015	£135,500	52.33%
	25 Oct 2002	£88,950	First Sale
14 THE COVERSTerraced, Leasehold	14 Oct 2022	£124,000	59.08%
14 THE COVERSTerraced, Leasehold	24 Oct 2002	£77,950	First Sale
15 THE COVERSTerraced, LeaseholdArea: 58 Sq.mtrAge: 1983-1990	16 Mar 2022	£120,000	0.0
	28 Aug 2009	£120,000	-2.04%
	22 Dec 2005	£122,500	2.08%
	25 Jun 2004	£120,000	53.94%
	11 Oct 2002	£77,950	First Sale
19 THE COVERSTerraced, LeaseholdArea: 59.9 Sq.mtrAge: 1996-2002	28 Jan 2022	£117,500	22.40%
	02 May 2003	£96,000	18.59%
	29 Nov 2002	£80,950	First Sale
20 THE COVERSTerraced, LeaseholdArea: 58 Sq.mtrAge: 1996-2002	30 Sep 2021	£130,000	10.17%
	22 Sep 2017	£118,000	0.0
	25 Sep 2015	£118,000	0.0
	18 Feb 2011	£118,000	24.21%
	25 Apr 2003	£95,000	18.82%
	29 Nov 2002	£79,950	First Sale
12 THE COVERSSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 2003-2006	06 Aug 2021	£130,000	-23.53%
	22 Jun 2007	£170,000	79.42%
	01 Nov 2002	£94,750	First Sale
24 THE COVERSTerraced, FreeholdArea: 57 Sq.mtrAge: 2007 onwards	25 Feb 2021	£120,000	4.35%
	08 Jun 2018	£115,000	-4.13%
	28 Jan 2006	£119,950	5.68%
	03 Sep 2004	£113,500	38.50%
	10 Oct 2002	£81,950	First Sale
8 THE COVERSSemi-Detached, LeaseholdArea: 58 Sq.mtrAge: 1991-1995	19 Jul 2019	£100,000	50.38%
	15 Mar 2019	£66,500	-46.78%
	27 Jun 2008	£124,950	25.01%
	28 Jan 2004	£99,950	28.22%
	04 Oct 2002	£77,950	First Sale
17 THE COVERSSemi-Detached, FreeholdArea: 109 Sq.mtrAge: 1996-2002	12 May 2017	£182,500	34.19%
	21 Sep 2012	£136,000	-6.21%
	30 Sep 2004	£145,000	15.08%
	10 Oct 2003	£126,000	37.33%
	18 Oct 2002	£91,750	First Sale
26 THE COVERSTerraced, LeaseholdArea: 59 Sq.mtrAge: 1996-2002	22 Nov 2013	£99,000	-16.10%
	16 Sep 2004	£118,000	43.99%
	12 Dec 2002	£81,950	First Sale
5 THE COVERSSemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1991-1995	16 Dec 2008	£100,000	-20.00%
	15 Oct 2004	£125,000	60.77%
	13 Sep 2002	£77,750	First Sale
27 THE COVERSTerraced, LeaseholdArea: 55 Sq.mtrAge: 1991-1995	31 Jan 2008	£135,000	13.45%
	23 Mar 2004	£119,000	41.75%
	12 Dec 2002	£83,950	First Sale
1 THE COVERSSemi-Detached, FreeholdArea: 56 Sq.mtrAge: 1996-2002	27 Apr 2007	£136,500	53.80%
	26 Jul 2002	£88,750	First Sale
23 THE COVERSTerraced, LeaseholdArea: 58 Sq.mtrAge: 1996-2002	14 Mar 2007	£133,400	10.25%
	23 Dec 2004	£121,000	44.13%
	29 Nov 2002	£83,950	First Sale
6 THE COVERSSemi-Detached, LeaseholdArea: 60.2 Sq.mtrAge: 2003-2006	07 Feb 2007	£135,000	75.44%
	13 Sep 2002	£76,950	First Sale
2 THE COVERSSemi-Detached, LeaseholdArea: 57 Sq.mtrAge: 1991-1995	02 Feb 2007	£136,500	77.39%
	05 Aug 2002	£76,950	First Sale
18 THE COVERSSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 2003-2006	24 Mar 2006	£158,500	9.31%
	10 Sep 2004	£145,000	58.04%
	07 Nov 2002	£91,750	First Sale
3 THE COVERSSemi-Detached, Freehold	29 Apr 2005	£135,000	73.63%
3 THE COVERSSemi-Detached, Freehold	16 Aug 2002	£77,750	First Sale
25 THE COVERSTerraced, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	18 Sep 2003	£97,500	18.97%
	09 Dec 2002	£81,950	First Sale
10 THE COVERSSemi-Detached, Freehold	17 Jan 2003	£110,000	22.56%
10 THE COVERSSemi-Detached, Freehold	29 Oct 2002	£89,750	First Sale
22 THE COVERSTerraced, LeaseholdArea: 63 Sq.mtrAge: 1991-1995	29 Nov 2002	£93,950	First Sale
11 THE COVERSFlat, LeaseholdArea: 65 Sq.mtrAge: 1996-2002	01 Nov 2002	£86,950	-32.33%
11 THE COVERSFlat, LeaseholdArea: 65 Sq.mtrAge: 1996-2002	05 Jul 2024	£128,500	First Sale
16 THE COVERSTerraced, LeaseholdArea: 83 Sq.mtrAge: 1976-1982	28 Oct 2002	£88,950	First Sale
7 THE COVERSSemi-Detached, LeaseholdArea: 57 Sq.mtrAge: 1996-2002	04 Oct 2002	£76,950	First Sale
4 THE COVERSSemi-Detached, FreeholdArea: 62 Sq.mtrAge: 1996-2002	23 Aug 2002	£77,750	First Sale

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

THE COVERS, NE16 3DB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE16 3DB 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 3DB postcode.

Detached
- The average price is around £222,170 median price is £204,000 Standard Deviation is £118,526 with Total Sold: 181
- The Last 5 Year average price is £394,000 with Total Sold: 18
- The most recent sale happened at this postcode is , 18 THE PAVILION: £230,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 3 LAKESIDE: £165,000 (Sold on 21 Aug 1997)
Semi-Detached
- The average price is around £130,330 median price is £115,000 Standard Deviation is £73,602 with Total Sold: 229
- The Last 5 Year average price is £169,922 with Total Sold: 32
- The most recent sale happened at this postcode is , 2 AXWELL PARK ROAD: £325,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 5 THE COPSE: £89,500 (Sold on 28 Apr 1995)
Flat
- The average price is around £55,614 median price is £54,000 Standard Deviation is £30,277 with Total Sold: 493
- The Last 5 Year average price is £77,284 with Total Sold: 79
- The most recent sale happened at this postcode is , 11 THE COVERS: £128,500 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 14 NAPIER ROAD: £12,000 (Sold on 04 May 1995)
Terraced
- The average price is around £83,644 median price is £78,000 Standard Deviation is £50,849 with Total Sold: 404
- The Last 5 Year average price is £116,004 with Total Sold: 51
- The most recent sale happened at this postcode is , 18 RICHMOND AVENUE: £120,000 (Sold on 24 Apr 2024)
- The first recorded sale happened at this postcode is , 8 THE COPSE: £39,950 (Sold on 27 Jan 1995)
Other
- The average price is around £169,253 median price is £54,250 Standard Deviation is £430,780 with Total Sold: 30
- The Last 5 Year average price is £204,217 with Total Sold: 23
- The most recent sale happened at this postcode is , SWALWELL FILLING STATION FRONT STREET: £1,200,000 (Sold on 04 Apr 2023)
- The first recorded sale happened at this postcode is , BOURGOGNES PUBLIC HOUSE HEXHAM ROAD: £90,000 (Sold on 14 Aug 2015)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£289,000	£2,900	2
2023	£313,625	£2,997	4
2022	£397,500	£2,526	2
2021	£448,062	£3,507	8
2020	£440,000	£2,435	2
2018	£259,000	£2,791	2
2017	£324,933	£2,430	9
2016	£241,650	£1,995	3
2015	£262,990	£2,692	5
2014	£423,000	£2,430	2
2013	£259,128	£2,123	10
2012	£275,975	£2,414	2
2011	£252,612	£2,205	4
2010	£274,500	£2,447	6
2009	£242,714	£1,954	7
2008	£230,817		3
2007	£276,300	£2,275	10
2006	£200,862	£1,362	4
2005	£183,075	£1,851	6
2004	£226,300	£1,742	10
2003	£193,290	£1,585	11
2002	£182,036	£1,348	18
2001	£121,406	£1,113	33
2000	£123,016	£988	16
1998	£130,000	£943	1
1997	£165,000	£943	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£380,000		2
2023	£228,500	£2,696	4
2022	£165,400	£2,084	5
2021	£194,857	£1,801	7
2020	£129,700	£1,357	5
2019	£102,667	£1,404	9
2018	£177,833	£2,068	6
2017	£232,000	£1,395	5
2016	£175,667	£1,818	3
2015	£144,658	£1,751	6
2014	£174,658	£1,722	6
2013	£165,667	£1,642	3
2012	£135,600	£1,441	5
2011	£124,238	£1,673	4
2010	£188,000	£2,140	3
2009	£134,333	£1,459	3
2008	£142,419	£1,717	8
2007	£157,914	£1,814	18
2006	£134,808	£1,688	12
2005	£140,241	£1,725	11
2004	£136,009	£1,622	17
2003	£134,725	£1,618	12
2002	£104,918	£1,265	26
2001	£96,046	£948	13
2000	£64,675	£626	8
1999	£64,375	£786	4
1998	£57,000	£614	5
1997	£48,908	£767	6
1996	£48,806	£495	8
1995	£61,590	£772	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£91,750		2
2023	£69,306	£1,184	9
2022	£77,432	£1,169	26
2021	£89,707	£1,326	7
2020	£68,755	£1,130	17
2019	£82,675	£1,270	18
2018	£56,312	£915	12
2017	£43,672	£740	20
2016	£43,375	£737	8
2015	£67,278	£1,131	9
2014	£48,666	£819	16
2013	£48,313	£757	9
2012	£52,000	£804	3
2011	£59,750	£1,132	4
2010	£57,583	£967	6
2009	£49,200	£831	10
2008	£71,641	£1,131	10
2007	£76,840	£1,301	39
2006	£71,584	£1,206	29
2005	£63,555	£1,077	39
2004	£76,097	£1,224	43
2003	£47,374	£844	39
2002	£44,378	£755	25
2001	£22,535	£327	10
2000	£18,524	£307	16
1999	£18,581	£320	13
1998	£20,383	£337	17
1997	£20,868	£356	15
1996	£20,618	£340	14
1995	£19,500	£312	8

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£130,000	£1,255	5
2023	£140,812	£1,373	4
2022	£152,292	£1,590	12
2021	£92,909	£1,279	11
2020	£102,325	£1,122	6
2019	£95,346	£1,232	13
2018	£127,583	£1,424	9
2017	£93,108	£1,180	13
2016	£99,900	£1,156	5
2015	£87,889	£1,232	9
2014	£81,993	£855	7
2013	£80,221	£979	7
2012	£71,375	£949	4
2011	£91,998	£1,395	7
2010	£91,244	£1,111	8
2009	£97,800	£1,148	8
2008	£104,507	£1,451	11
2007	£105,868	£1,399	17
2006	£113,681	£1,545	21
2005	£111,207	£1,415	21
2004	£112,865	£1,477	49
2003	£65,122	£992	29
2002	£62,624	£913	33
2001	£39,688	£556	13
2000	£36,227	£492	11
1999	£37,481	£451	15
1998	£31,935	£531	10
1997	£34,825	£593	8
1996	£41,125	£528	20
1995	£33,058	£492	18

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£675,000		2
2022	£44,498	£825	7
2021	£57,625	£749	4
2020	£80,000	£833	3
2019	£366,429	£561	7
2018	£125,000	£1,543	1
2017	£28,025	£884	4
2016	£53,500	£863	1
2015	£90,000		1

House Type in NE16 3DB area

The most common house types in the NE16 3DB postcode area are Semi-detached (75), Detached (15), and Terraced (9).

Total	108
Semi-detached	75
Detached	15
Terraced	9
Flat	6
converted building	3
Shared house	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (34), and Private rented: Private landlord or letting agency (30).

Owned: Owns outright	34
Private rented: Private landlord or letting agency	30
Owned: Owns with a mortgage or loan	25
Social rented: Rents from council or Local Authority	17
Social rented: Other social rented	2
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE16 3DB have 1 person in household (42), and 2 people in household (35).

1 person in household	42
2 people in household	35
3 people in household	15
4 people in household	9
5 people in household	4
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0