Housing Market Analysis for MARKET LANE, NE16 3EQ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £171,890 median price is £142,500 Standard Deviation is £61,689 with Total Sold: 5
    • The Last 5 Year average price is £142,500 with Total Sold: 1
    • The most recent sale happened at this postcode is RYDAL MARKET LANE: £142,500 (Sold on 26 Apr 2019)
    • The first recorded sale happened at this postcode is GLENBRAE, 306 MARKET LANE: £96,000 (Sold on 31 Jul 1997)
  • 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 GLENBRAE, 306 MARKET LANE: £310,000 (Sold on 13 Nov 2007)
    • The first recorded sale happened at this postcode is GLENBRAE, 306 MARKET LANE: £310,000 (Sold on 13 Nov 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 3EQ 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£142,500 £1,549 1
2013£131,000 £1,379 1
2012£240,0001
2011£249,9501
1997£96,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£310,0001

All the Sales in the MARKET LANE, NE16 3EQ

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

AddressSold DatePrice% Change
RYDAL MARKET LANESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1930-194926 Apr 2019£142,500First Sale
DANESCROFT MARKET LANESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1930-194912 Jun 2013£131,000First Sale
PENSHURST, 304 MARKET LANESemi-Detached, Freehold22 Feb 2012£240,000First Sale
SELWYN, 300 MARKET LANESemi-Detached, Freehold26 Aug 2011£249,950First Sale
GLENBRAE, 306 MARKET LANEDetached, Freehold13 Nov 2007£310,000222.92%
31 Jul 1997£96,000First Sale

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

MARKET LANE, NE16 3EQ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £118,553 median price is £105,500 Standard Deviation is £64,592 with Total Sold: 465
    • The Last 5 Year average price is £161,583 with Total Sold: 90
    • 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 £48,536 median price is £48,000 Standard Deviation is £26,409 with Total Sold: 435
    • The Last 5 Year average price is £57,508 with Total Sold: 52
    • 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 £71,353 median price is £68,000 Standard Deviation is £40,888 with Total Sold: 364
    • The Last 5 Year average price is £108,921 with Total Sold: 49
    • 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 £387,480 median price is £61,500 Standard Deviation is £1,031,743 with Total Sold: 38
    • The Last 5 Year average price is £389,241 with Total Sold: 28
    • 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 , 28 ASHFIELD PARK: £11,000 (Sold on 25 Oct 2016)
  • Detached
    • The average price is around £218,722 median price is £169,995 Standard Deviation is £124,367 with Total Sold: 155
    • The Last 5 Year average price is £413,941 with Total Sold: 16
    • 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£149,417 £1,942 18
2021£163,152 £1,792 23
2020£156,814 £1,855 11
2019£155,277 £1,674 18
2018£109,246 £1,450 18
2017£125,806 £1,552 18
2016£141,105 £1,552 19
2015£133,727 £1,474 24
2014£110,781 £1,431 21
2013£117,000 £1,371 8
2012£162,107 £1,413 14
2011£136,840 £1,549 10
2010£141,316 £1,524 19
2009£104,940 £1,252 5
2008£150,906 £1,678 6
2007£148,903 £1,628 36
2006£149,192 £1,453 18
2005£116,693 £1,301 22
2004£95,357 £1,360 7
2003£88,826 £955 21
2002£88,057 £817 17
2001£58,750 £640 17
2000£62,350 £759 12
1999£46,894 £406 16
1998£47,043 £514 20
1997£57,458 £578 14
1996£44,828 £485 9
1995£39,688 £357 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£55,0001
2023£58,179 £992 7
2022£59,605 £921 17
2021£59,983 £945 3
2020£60,692 £946 13
2019£49,632 £857 11
2018£46,750 £790 9
2017£43,672 £740 20
2016£53,000 £836 8
2015£49,143 £889 7
2014£47,643 £807 15
2013£47,165 £736 8
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£66,344 £1,122 26
2005£63,333 £1,052 38
2004£54,650 £946 31
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£126,250 £1,255 4
2023£136,850 £1,526 5
2022£122,731 £1,632 13
2021£100,000 £1,179 10
2020£89,600 £1,068 5
2019£92,033 £1,267 12
2018£92,643 £1,252 7
2017£87,569 £1,202 13
2016£103,857 £1,077 7
2015£74,286 £881 7
2014£59,800 £711 5
2013£91,722 £1,244 9
2012£76,100 £1,055 5
2011£91,312 £1,318 8
2010£84,914 £1,061 7
2009£93,750 £1,121 6
2008£96,842 £1,258 9
2007£110,521 £1,295 19
2006£90,620 £1,292 21
2005£80,237 £1,172 13
2004£78,560 £1,158 29
2003£54,773 £657 22
2002£44,488 £591 21
2001£41,668 £633 17
2000£37,400 £529 17
1999£29,654 £388 14
1998£32,783 £498 12
1997£41,711 £539 18
1996£36,765 £464 13
1995£30,788 £456 16
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,0001
2023£491,750 £1,910 4
2022£44,498 £825 7
2021£997,583 £749 6
2020£56,500 £833 2
2019£287,097 £561 8
2018£100,000 £1,543 2
2017£805,250 £1,020 4
2016£101,125 £1,637 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£507,500 £2,304 2
2022£431,210 £2,887 5
2021£381,667 £2,179 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£309,750 £2,378 2
2007£363,143 £2,038 7
2006£316,190 £2,449 5
2005£248,000 £2,772 1
2004£175,988 £1,672 8
2003£273,333 £1,629 3
2002£200,369 £1,521 8
2001£131,800 £137 5
2000£120,992 £788 6
1999£145,441 £1,109 17
1998£130,509 £945 38
1997£120,000 £736 3
1996£80,600 £484 4
1995£96,0001

House Type in NE16 3EQ area

The most common house types in the NE16 3EQ 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 3EQ 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