Housing Market Analysis for MARKET LANE, NE16 3DZ

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

Overview of Sold House prices

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

  • Other
    • The average price is around £1,677,499 median price is £1,677,499 Standard Deviation is £1,422,499 with Total Sold: 2
    • The Last 5 Year average price is £255,000 with Total Sold: 1
    • The most recent sale happened at this postcode is LEVEN HOUSE, 323 MARKET LANE: £255,000 (Sold on 29 Nov 2021)
    • The first recorded sale happened at this postcode is ABBEYMORE NURSING HOME MARKET LANE: £3,099,998 (Sold on 24 Apr 2017)
  • Detached
    • The average price is around £225,000 median price is £225,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £225,000 with Total Sold: 1
    • The most recent sale happened at this postcode is LEVEN HOUSE, 323 MARKET LANE: £225,000 (Sold on 29 Nov 2021)
    • The first recorded sale happened at this postcode is LEVEN HOUSE, 323 MARKET LANE: £225,000 (Sold on 29 Nov 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 3DZ 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£255,0001
2017£3,099,9981
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£225,0001

All the Sales in the MARKET LANE, NE16 3DZ

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

AddressSold DatePrice% Change
LEVEN HOUSE, 323 MARKET LANEOther, Freehold29 Nov 2021£255,00013.33%
29 Nov 2021£225,000First Sale
ABBEYMORE NURSING HOME MARKET LANEOther, Freehold24 Apr 2017£3,099,998First Sale

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

MARKET LANE, NE16 3DZ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £109,240 median price is £100,000 Standard Deviation is £52,585 with Total Sold: 453
    • The Last 5 Year average price is £140,037 with Total Sold: 92
    • The most recent sale happened at this postcode is , 11 MORRIS ROAD: £120,000 (Sold on 09 Sep 2024)
    • The first recorded sale happened at this postcode is , 23 BYRON COURT: £38,500 (Sold on 28 Feb 1995)
  • Flat
    • The average price is around £55,357 median price is £53,500 Standard Deviation is £29,988 with Total Sold: 497
    • The Last 5 Year average price is £75,805 with Total Sold: 80
    • The most recent sale happened at this postcode is , 35 AXWELL TERRACE: £55,000 (Sold on 16 May 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 £76,639 median price is £75,000 Standard Deviation is £41,860 with Total Sold: 497
    • The Last 5 Year average price is £103,809 with Total Sold: 70
    • 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 , 12 PARK TERRACE: £31,500 (Sold on 06 Feb 1995)
  • Other
    • The average price is around £473,576 median price is £70,500 Standard Deviation is £1,030,294 with Total Sold: 43
    • The Last 5 Year average price is £480,520 with Total Sold: 30
    • The most recent sale happened at this postcode is , 21 CLAVERING ROAD: £225,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , CAMERON HOUSE METROCENTRE: £1,000,000 (Sold on 14 Aug 2015)
  • Detached
    • The average price is around £187,182 median price is £184,500 Standard Deviation is £59,097 with Total Sold: 60
    • The Last 5 Year average price is £249,875 with Total Sold: 4
    • The most recent sale happened at this postcode is , 20 BROADMEADOWS CLOSE: £278,500 (Sold on 27 Feb 2023)
    • The first recorded sale happened at this postcode is , WOBURNIA, 308 MARKET LANE: £79,950 (Sold on 02 Aug 1996)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£139,857 £1,845 7
2023£149,625 £1,820 12
2022£138,639 £1,862 18
2021£141,789 £1,479 19
2020£137,063 £1,650 15
2019£136,357 £1,557 21
2018£105,592 £1,364 16
2017£115,036 £1,448 14
2016£130,872 £1,524 16
2015£128,468 £1,405 19
2014£106,590 £1,387 21
2013£118,000 £1,347 6
2012£121,245 £1,271 10
2011£132,196 £1,511 12
2010£118,333 £1,333 9
2009£127,893 £1,427 7
2008£134,144 £1,667 10
2007£135,805 £1,628 33
2006£118,644 £1,380 18
2005£118,976 £1,386 19
2004£132,763 £1,501 16
2003£98,852 £1,143 27
2002£95,079 £971 22
2001£50,629 £570 14
2000£51,696 £654 14
1999£41,096 £526 14
1998£45,936 £497 14
1997£50,390 £644 14
1996£36,708 £457 12
1995£40,250 £463 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£55,0001
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£78,780 £1,245 20
2018£58,058 £923 13
2017£43,672 £740 20
2016£43,375 £737 8
2015£64,050 £1,127 10
2014£48,666 £819 16
2013£48,313 £757 9
2012£54,000 £965 4
2011£59,750 £1,132 4
2010£57,583 £967 6
2009£49,200 £831 10
2008£69,583 £1,171 11
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£42,604 £722 24
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£132,917 £1,573 6
2023£126,975 £1,490 10
2022£116,306 £1,636 18
2021£85,625 £1,108 12
2020£98,000 £1,088 6
2019£82,800 £1,206 18
2018£102,050 £1,309 10
2017£94,959 £1,223 16
2016£101,161 £1,192 9
2015£75,812 £881 8
2014£81,993 £855 7
2013£84,427 £1,169 13
2012£65,625 £965 4
2011£92,750 £1,322 12
2010£77,744 £1,129 8
2009£87,556 £1,100 8
2008£100,064 £1,090 9
2007£112,627 £1,367 26
2006£96,515 £1,386 28
2005£106,827 £1,402 24
2004£107,375 £1,385 51
2003£60,771 £873 29
2002£43,331 £604 26
2001£38,720 £622 22
2000£38,173 £570 22
1999£33,216 £408 19
1998£34,312 £529 17
1997£36,395 £552 21
1996£35,112 £494 17
1995£31,862 £486 21
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,0001
2023£633,400 £1,910 5
2022£44,498 £825 7
2021£997,583 £749 6
2020£80,000 £833 3
2019£560,828 £561 8
2018£524,607 £1,543 3
2017£461,550 £884 7
2016£53,500 £863 1
2015£545,0002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£278,500 £2,627 1
2022£160,000 £2,222 1
2021£280,5002
2017£236,500 £1,957 4
2016£151,500 £1,942 1
2014£121,0001
2013£156,666 £1,451 2
2012£185,500 £1,611 2
2010£150,000 £1,518 1
2009£168,800 £1,724 5
2008£168,500 £1,671 2
2007£267,500 £2,103 2
2006£231,000 £1,362 2
2005£181,333 £1,589 3
2004£208,636 £1,612 7
2003£197,799 £1,580 9
2002£178,350 £1,388 10
2001£152,0001
2000£59,000 £688 2
1999£82,5001
1996£79,9501

House Type in NE16 3DZ area

The most common house types in the NE16 3DZ postcode area are Flat (49), Terraced (27), and Shared house (19).

Total118
Flat49
Terraced27
Shared house19
Semi-detached11
Detached9
converted building3
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (41), and Owned: Owns outright (25).

Private rented: Private landlord or letting agency41
Owned: Owns outright25
Social rented: Other social rented25
Owned: Owns with a mortgage or loan24
Social rented: Rents from council or Local Authority3
Private rented: Other private rented2
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the NE16 3DZ have 1 person in household (62), and 2 people in household (39).

1 person in household62
2 people in household39
3 people in household11
4 people in household3
7 people in household1
0 people in household0
5 people in household0
6 people in household0
8 or more people in household0