Housing Market Analysis for RICHMOND AVENUE, NE16 3HA

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

Overview of Sold House prices

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

Terraced
- The average price is around £65,041 median price is £65,500 Standard Deviation is £31,217 with Total Sold: 50
- The Last 5 Year average price is £107,800 with Total Sold: 5
- 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 15 RICHMOND AVENUE: £38,000 (Sold on 12 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 3HA 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
2024	£120,000		1
2023	£95,000	£880	1
2022	£117,000	£1,203	2
2021	£90,000	£891	1
2018	£85,500	£881	1
2017	£67,000	£819	2
2016	£59,000	£536	1
2014	£65,667	£690	3
2013	£58,650	£514	2
2011	£83,000	£965	1
2009	£75,000	£915	1
2008	£100,038		2
2007	£95,750	£988	4
2006	£103,000	£1,264	2
2005	£77,562	£927	2
2004	£81,740	£954	5
2003	£50,488	£546	4
2002	£25,000	£312	1
2001	£15,000	£192	1
2000	£29,950	£359	1
1999	£30,238	£381	4
1998	£16,000	£186	2
1997	£32,500		2
1996	£27,167	£285	3
1995	£38,000	£299	1

All the Sales in the RICHMOND AVENUE, NE16 3HA

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

Address	Sold Date	Price	% Change
18 RICHMOND AVENUETerraced, Freehold	24 Apr 2024	£120,000	50.09%
	13 Feb 2004	£79,950	40.26%
	09 May 2003	£57,000	58.33%
	20 Apr 1999	£36,000	First Sale
20 RICHMOND AVENUETerraced, FreeholdArea: 108 Sq.mtrAge: 1900-1929	10 Feb 2023	£95,000	71.02%
	01 Nov 2013	£55,550	-2.54%
	30 Apr 2003	£57,000	First Sale
23 RICHMOND AVENUETerraced, FreeholdArea: 110 Sq.mtrAge: 1900-1929	04 Nov 2022	£124,000	110.17%
	01 Jun 2016	£59,000	First Sale
27 RICHMOND AVENUETerraced, FreeholdArea: 86 Sq.mtrAge: 1900-1929	07 Feb 2022	£110,000	29.22%
	13 Oct 2005	£85,125	1.64%
	26 Mar 2004	£83,750	423.44%
	25 Mar 1998	£16,000	First Sale
21 RICHMOND AVENUETerraced, FreeholdArea: 101 Sq.mtrAge: 1900-1929	15 Jan 2021	£90,000	57.89%
	07 Feb 2014	£57,000	First Sale
38 RICHMOND AVENUETerraced, FreeholdArea: 97 Sq.mtrAge: 1900-1929	06 Jul 2018	£85,500	47.41%
	20 Jun 2007	£58,000	First Sale
43 RICHMOND AVENUETerraced, FreeholdArea: 83.5 Sq.mtrAge: 1900-1929	12 May 2017	£68,000	-25.27%
	05 Oct 2006	£91,000	203.84%
	12 May 2000	£29,950	36.14%
	08 Nov 1996	£22,000	First Sale
22 RICHMOND AVENUETerraced, FreeholdArea: 80.04 Sq.mtrAge: 1900-1929	12 Apr 2017	£66,000	169.39%
	12 Jul 1996	£24,500	First Sale
25 RICHMOND AVENUETerraced, FreeholdArea: 93 Sq.mtrAge: 1900-1929	02 May 2014	£65,000	-13.33%
	30 Apr 2014	£75,000	-16.67%
	05 Jul 2004	£90,000	172.73%
	30 Apr 1999	£33,000	First Sale
30 RICHMOND AVENUETerraced, Freehold	02 Sep 2013	£61,750	First Sale
41 RICHMOND AVENUETerraced, FreeholdArea: 86 Sq.mtrAge: 1930-1949	31 Mar 2011	£83,000	First Sale
24 RICHMOND AVENUETerraced, FreeholdArea: 82 Sq.mtrAge: 1900-1929	09 Apr 2009	£75,000	First Sale
37 RICHMOND AVENUETerraced, Freehold	08 Oct 2008	£114,000	32.44%
37 RICHMOND AVENUETerraced, Freehold	21 Jul 2008	£86,076	First Sale
50 RICHMOND AVENUETerraced, FreeholdArea: 81 Sq.mtrAge: 1900-1929	24 Sep 2007	£115,000	64.29%
	11 Mar 2005	£70,000	First Sale
47 RICHMOND AVENUETerraced, Freehold	06 Aug 2007	£90,000	21.62%
	08 Apr 2004	£74,000	72.29%
	31 Jan 2003	£42,950	16.08%
	17 Feb 1997	£37,000	First Sale
15 RICHMOND AVENUETerraced, FreeholdArea: 127 Sq.mtrAge: 1900-1929	20 Apr 2007	£120,000	215.79%
	12 May 1995	£38,000	First Sale
19 RICHMOND AVENUETerraced, FreeholdArea: 80 Sq.mtrAge: 1900-1929	04 Sep 2006	£115,000	360.00%
	09 May 2002	£25,000	First Sale
31 RICHMOND AVENUETerraced, Freehold	05 Nov 2004	£81,000	406.25%
31 RICHMOND AVENUETerraced, Freehold	12 Jan 1998	£16,000	First Sale
17 RICHMOND AVENUETerraced, FreeholdArea: 99 Sq.mtrAge: 1900-1929	26 Aug 2003	£45,000	First Sale
26 RICHMOND AVENUETerraced, FreeholdArea: 78 Sq.mtrAge: 1900-1929	06 Nov 2001	£15,000	First Sale
42 RICHMOND AVENUETerraced, Freehold	12 Aug 1999	£25,000	First Sale
49 RICHMOND AVENUETerraced, FreeholdArea: 72 Sq.mtrAge: 1900-1929	09 Jul 1999	£26,950	First Sale
46 RICHMOND AVENUETerraced, Freehold	06 Jun 1997	£28,000	First Sale
12 RICHMOND AVENUETerraced, Freehold	26 Apr 1996	£35,000	First Sale

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

RICHMOND AVENUE, NE16 3HA Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £105,508 median price is £100,000 Standard Deviation is £48,847 with Total Sold: 626
- The Last 5 Year average price is £137,471 with Total Sold: 123
- 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 £56,488 median price is £54,000 Standard Deviation is £32,615 with Total Sold: 502
- The Last 5 Year average price is £76,455 with Total Sold: 81
- 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 £79,236 median price is £77,975 Standard Deviation is £41,295 with Total Sold: 548
- The Last 5 Year average price is £106,171 with Total Sold: 77
- 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 £452,260 median price is £70,500 Standard Deviation is £1,028,658 with Total Sold: 43
- The Last 5 Year average price is £465,347 with Total Sold: 31
- 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 , BOURGOGNES PUBLIC HOUSE HEXHAM ROAD: £90,000 (Sold on 14 Aug 2015)
Detached
- The average price is around £201,159 median price is £170,000 Standard Deviation is £85,641 with Total Sold: 149
- The Last 5 Year average price is £331,319 with Total Sold: 8
- The most recent sale happened at this postcode is , 26 ASHFIELD PARK: £440,000 (Sold on 30 Aug 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£135,556	£1,728	9
2023	£151,821	£1,883	14
2022	£142,897	£1,913	29
2021	£134,815	£1,495	27
2020	£135,909	£1,653	17
2019	£128,481	£1,537	27
2018	£103,891	£1,354	24
2017	£112,652	£1,406	23
2016	£118,272	£1,440	23
2015	£118,272	£1,388	29
2014	£105,456	£1,383	26
2013	£112,773	£1,362	11
2012	£117,419	£1,273	13
2011	£122,041	£1,457	16
2010	£114,115	£1,394	13
2009	£119,020	£1,382	10
2008	£129,876	£1,754	13
2007	£132,117	£1,669	43
2006	£116,848	£1,427	26
2005	£117,648	£1,392	24
2004	£122,775	£1,506	24
2003	£92,928	£1,110	35
2002	£86,442	£1,086	39
2001	£50,511	£584	19
2000	£49,038	£638	20
1999	£40,572	£518	18
1998	£42,795	£474	18
1997	£48,701	£631	16
1996	£37,246	£472	14
1995	£37,750	£463	6

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	£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	£53,465	£863	40
2002	£44,378	£755	25
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	£20,618	£340	14
1995	£19,500	£312	8

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£132,917	£1,573	6
2023	£130,562	£1,545	12
2022	£116,905	£1,674	21
2021	£91,250	£1,260	14
2020	£98,000	£1,088	6
2019	£82,800	£1,206	18
2018	£103,227	£1,373	11
2017	£96,631	£1,282	18
2016	£105,895	£1,309	10
2015	£80,500	£1,025	9
2014	£81,993	£855	7
2013	£85,468	£1,215	14
2012	£65,625	£965	4
2011	£94,692	£1,377	13
2010	£77,744	£1,129	8
2009	£91,045	£1,220	10
2008	£101,507	£1,283	11
2007	£113,811	£1,407	28
2006	£96,849	£1,408	31
2005	£107,454	£1,433	25
2004	£107,984	£1,453	57
2003	£67,496	£1,021	35
2002	£57,817	£891	40
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	£31,914	£484	22

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£225,000		1
2023	£633,400	£1,910	5
2022	£44,498	£825	7
2021	£997,583	£749	6
2020	£80,000	£833	3
2019	£499,642	£561	9
2018	£524,607	£1,543	3
2017	£548,850	£1,020	6
2016	£32,250	£863	2
2015	£90,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£359,250	£2,466	2
2022	£325,350	£2,780	3
2021	£280,500		2
2020	£395,000	£2,782	1
2018	£379,000	£3,509	1
2017	£249,200	£2,010	5
2016	£276,500	£2,520	4
2015	£309,000	£2,465	2
2014	£283,988	£2,384	4
2013	£234,657	£2,045	5
2012	£244,875	£1,848	4
2010	£150,000	£1,518	1
2009	£234,869	£1,992	8
2008	£168,500	£1,671	2
2007	£309,500	£2,103	4
2006	£307,167	£1,923	6
2005	£181,333	£1,589	3
2004	£208,636	£1,612	7
2003	£213,654	£1,615	11
2002	£184,230	£1,413	15
2001	£178,000		4
2000	£99,238	£936	4
1999	£154,170	£1,109	15
1998	£131,938	£958	35
1996	£79,950		1

House Type in NE16 3HA area

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

Total	104
Terraced	54
Semi-detached	46
Detached	3
Shared house	1
Flat	0
converted building	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 (35), and Owned: Owns with a mortgage or loan (31).

Owned: Owns outright	35
Owned: Owns with a mortgage or loan	31
Social rented: Rents from council or Local Authority	21
Private rented: Private landlord or letting agency	17
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

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

2 people in household	46
1 person in household	25
3 people in household	20
4 people in household	11
5 people in household	2
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0