Housing Market Analysis for MARKET LANE, NE16 3EF

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £191,650 median price is £245,000 Standard Deviation is £79,010 with Total Sold: 3
    • The most recent sale happened at this postcode is WOBURNIA, 308 MARKET LANE: £250,000 (Sold on 04 May 2012)
    • 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:

Below table and chart gives the average NE16 3EF 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£250,0001
2004£245,0001
1996£79,9501

All the Sales in the MARKET LANE, NE16 3EF

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

AddressSold DatePrice% Change
WOBURNIA, 308 MARKET LANEDetached, Freehold04 May 2012£250,0002.04%
20 Aug 2004£245,000206.44%
02 Aug 1996£79,950First Sale

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

MARKET LANE, NE16 3EF Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £114,237 median price is £105,000 Standard Deviation is £60,073 with Total Sold: 522
    • The Last 5 Year average price is £153,603 with Total Sold: 101
    • 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 , 37 ALEXANDRA DRIVE: £55,250 (Sold on 17 Feb 1995)
  • Flat
    • The average price is around £51,952 median price is £50,000 Standard Deviation is £29,773 with Total Sold: 462
    • The Last 5 Year average price is £60,378 with Total Sold: 58
    • 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 £77,862 median price is £75,000 Standard Deviation is £43,125 with Total Sold: 507
    • The Last 5 Year average price is £105,809 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 £396,977 median price is £63,000 Standard Deviation is £986,373 with Total Sold: 43
    • The Last 5 Year average price is £407,525 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 £212,486 median price is £167,950 Standard Deviation is £118,714 with Total Sold: 153
    • The Last 5 Year average price is £397,937 with Total Sold: 15
    • The most recent sale happened at this postcode is , 3 BEECH AVENUE: £575,000 (Sold on 01 Dec 2023)
    • The first recorded sale happened at this postcode is , 14 COALWAY DRIVE: £96,000 (Sold on 21 Jun 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£183,600 £2,063 10
2023£174,450 £1,909 10
2022£146,825 £1,902 20
2021£155,500 £1,732 25
2020£145,863 £1,701 15
2019£139,119 £1,595 21
2018£111,233 £1,465 19
2017£125,806 £1,552 18
2016£141,105 £1,552 19
2015£124,767 £1,418 24
2014£110,322 £1,416 23
2013£117,000 £1,371 8
2012£149,964 £1,363 14
2011£132,200 £1,532 12
2010£133,235 £1,410 17
2009£112,440 £1,322 5
2008£139,826 £1,677 9
2007£147,371 £1,599 39
2006£133,963 £1,398 23
2005£123,330 £1,377 25
2004£122,451 £1,440 16
2003£88,783 £1,008 24
2002£79,965 £746 15
2001£57,142 £642 19
2000£57,953 £683 16
1999£46,855 £516 19
1998£46,676 £511 22
1997£56,161 £578 15
1996£42,354 £473 14
1995£42,125 £463 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£55,0001
2023£62,344 £1,040 8
2022£63,364 £969 20
2021£66,488 £1,050 4
2020£60,692 £946 13
2019£52,162 £879 12
2018£53,159 £858 11
2017£43,672 £740 20
2016£56,000 £871 9
2015£59,667 £1,028 9
2014£48,666 £819 16
2013£48,313 £757 9
2012£54,000 £965 4
2011£52,833 £939 3
2010£57,583 £967 6
2009£49,200 £831 10
2008£69,583 £1,171 11
2007£75,822 £1,301 38
2006£70,212 £1,166 28
2005£63,333 £1,052 38
2004£76,097 £1,224 43
2003£44,576 £660 34
2002£26,763 £427 19
2001£22,535 £327 10
2000£18,524 £307 16
1999£38,630 £320 15
1998£20,383 £337 17
1997£20,868 £356 15
1996£22,877 £364 15
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£124,083 £1,672 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£100,197 £1,246 17
2016£104,845 £1,192 10
2015£75,812 £881 8
2014£81,993 £855 7
2013£90,536 £1,248 14
2012£76,100 £1,055 5
2011£92,750 £1,322 12
2010£85,767 £1,150 9
2009£91,161 £1,100 9
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£106,992 £1,382 52
2003£60,305 £873 29
2002£46,096 £618 27
2001£38,720 £622 22
2000£38,173 £570 22
1999£33,216 £408 19
1998£34,394 £553 16
1997£40,492 £546 24
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£287,097 £561 8
2018£100,000 £1,543 2
2017£539,958 £1,020 6
2016£101,125 £1,637 4
2015£1,000,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£507,500 £2,304 2
2022£402,762 £2,746 4
2021£345,333 £1,979 3
2020£435,000 £3,040 2
2019£359,250 £2,271 4
2018£379,000 £3,509 1
2017£235,000 £1,877 2
2016£306,833 £2,433 6
2015£351,000 £2,432 3
2014£261,390 £2,384 5
2013£317,488 £2,374 4
2012£244,875 £1,848 4
2011£248,000 £2,772 1
2010£150,000 £1,518 1
2009£291,238 £2,350 4
2008£168,500 £1,671 2
2007£365,333 £2,038 6
2006£316,190 £2,449 5
2005£176,500 £1,916 2
2004£175,988 £1,672 8
2003£273,333 £1,629 3
2002£190,136 £1,471 7
2001£135,167 £137 6
2000£120,992 £788 6
1999£148,906 £1,109 16
1998£130,509 £945 38
1997£120,000 £736 3
1996£80,600 £484 4
1995£96,0001

House Type in NE16 3EF area

The most common house types in the NE16 3EF postcode area are Terraced (54), Semi-detached (46), and Detached (3).

Total104
Terraced54
Semi-detached46
Detached3
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (35), and Owned: Owns with a mortgage or loan (31).

Owned: Owns outright35
Owned: Owns with a mortgage or loan31
Social rented: Rents from council or Local Authority21
Private rented: Private landlord or letting agency17
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE16 3EF have 2 people in household (46), and 1 person in household (25).

2 people in household46
1 person in household25
3 people in household20
4 people in household11
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0