Housing Market Analysis for THE OAKS, NE16 4BF

Are you looking to understand NE16 4BF 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 4BF area, explore the NE16 4BF Area information page.
For comprehensive crime statistics in the NE16 4BF area, explore the NE16 4BF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE16 4BF postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £341,300 median price is £325,000 Standard Deviation is £44,382 with Total Sold: 5
    • The Last 5 Year average price is £325,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 THE OAKS: £325,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is 1 THE OAKS: £375,000 (Sold on 15 Dec 2015)
  • Detached
    • The average price is around £530,317 median price is £495,950 Standard Deviation is £52,865 with Total Sold: 3
    • The Last 5 Year average price is £605,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 THE OAKS: £490,000 (Sold on 21 Dec 2016)
    • The first recorded sale happened at this postcode is 5 THE OAKS: £605,000 (Sold on 18 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 4BF 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£325,0001
2018£295,0001
2017£410,0001
2016£301,5001
2015£375,000 £3,641 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£492,975 £2,834 2
2023£605,0001

All the Sales in the THE OAKS, NE16 4BF

See the table below for more details on the sold house prices in the NE16 4BF, Gateshead postcode.

AddressSold DatePrice% Change
2 THE OAKSTerraced, Freehold28 Mar 2024£325,00010.17%
07 Dec 2018£295,000First Sale
4 THE OAKSTerraced, Freehold05 Oct 2017£410,000First Sale
6 THE OAKSDetached, Freehold21 Dec 2016£490,000First Sale
3 THE OAKSTerraced, Freehold25 Aug 2016£301,500First Sale
5 THE OAKSDetached, FreeholdArea: 175 Sq.mtrAge: 2012 onwards15 Jul 2016£495,950-18.02%
18 Dec 2023£605,000First Sale
1 THE OAKSTerraced, FreeholdArea: 103 Sq.mtr15 Dec 2015£375,000First Sale

Check out the sold house prices near the NE16 4BF postcode. Properties currently for saleProperties currently for rent

THE OAKS, NE16 4BF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE16 4BF 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 4BF postcode.

  • Flat
    • The average price is around £113,536 median price is £113,250 Standard Deviation is £51,590 with Total Sold: 320
    • The Last 5 Year average price is £104,047 with Total Sold: 54
    • The most recent sale happened at this postcode is , 20 DEANS CLOSE: £75,750 (Sold on 27 Sep 2024)
    • The first recorded sale happened at this postcode is , 15 DEANS CLOSE: £41,125 (Sold on 20 Feb 1995)
  • Terraced
    • The average price is around £113,469 median price is £100,000 Standard Deviation is £70,205 with Total Sold: 659
    • The Last 5 Year average price is £152,693 with Total Sold: 122
    • The most recent sale happened at this postcode is , 6 JAMES STREET: £100,000 (Sold on 19 Sep 2024)
    • The first recorded sale happened at this postcode is , 22 CHURCH RISE: £59,950 (Sold on 05 Jan 1995)
  • Semi-Detached
    • The average price is around £122,635 median price is £109,000 Standard Deviation is £73,934 with Total Sold: 871
    • The Last 5 Year average price is £176,426 with Total Sold: 159
    • 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)
  • Detached
    • The average price is around £255,897 median price is £200,000 Standard Deviation is £159,587 with Total Sold: 277
    • The Last 5 Year average price is £418,477 with Total Sold: 42
    • The most recent sale happened at this postcode is , 1 WHICKHAM PARK: £820,000 (Sold on 02 Feb 2024)
    • The first recorded sale happened at this postcode is , 13 MILLFIELD ROAD: £180,000 (Sold on 13 Jan 1995)
  • Other
    • The average price is around £516,147 median price is £265,000 Standard Deviation is £643,262 with Total Sold: 32
    • The Last 5 Year average price is £457,186 with Total Sold: 9
    • The most recent sale happened at this postcode is , DOCKENDALE HOUSE DOCKENDALE LANE: £445,000 (Sold on 01 Dec 2023)
    • The first recorded sale happened at this postcode is , GATESHEAD METROPOLITAN BOROUGH COUNCIL FRONT STREET: £550,000 (Sold on 30 Aug 2013)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£102,850 £2,011 5
2023£108,704 £1,977 12
2022£95,700 £1,838 11
2021£110,566 £1,967 13
2020£96,075 £1,998 6
2019£104,764 £1,941 7
2018£105,050 £1,934 10
2017£115,612 £2,155 13
2016£112,106 £2,088 9
2015£104,718 £1,940 11
2014£99,875 £1,630 4
2013£104,344 £1,575 10
2012£68,500 £1,338 11
2011£100,758 £1,831 10
2010£113,938 £2,313 8
2009£146,650 £2,437 3
2008£97,417 £2,112 3
2007£159,800 £2,580 13
2006£162,968 £3,137 11
2005£162,176 £2,784 20
2004£151,002 £2,664 23
2003£146,991 £2,602 49
2002£66,069 £1,084 16
2001£61,975 £965 9
2000£42,440 £806 5
1999£128,880 £759 5
1998£40,045 £786 10
1997£32,300 £688 5
1996£43,860 £643 5
1995£36,375 £747 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£164,100 £2,073 10
2023£146,507 £1,687 14
2022£154,317 £2,027 28
2021£160,510 £1,773 25
2020£148,291 £1,799 17
2019£145,780 £1,754 28
2018£143,768 £1,672 29
2017£176,682 £1,759 19
2016£146,826 £1,657 21
2015£148,308 £1,890 13
2014£134,700 £1,732 11
2013£143,967 £1,735 18
2012£167,246 £1,683 12
2011£124,375 £1,497 20
2010£141,930 £1,657 15
2009£117,829 £1,608 12
2008£144,364 £1,674 11
2007£136,086 £1,676 32
2006£131,523 £1,834 33
2005£125,041 £1,631 17
2004£123,303 £1,631 32
2003£104,317 £1,400 32
2002£69,393 £868 23
2001£65,845 £796 33
2000£63,747 £702 36
1999£53,116 £642 22
1998£50,119 £669 25
1997£46,330 £556 25
1996£49,920 £617 20
1995£44,799 £655 26
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£179,615 £1,797 13
2023£178,155 £2,058 22
2022£170,300 £2,052 35
2021£183,609 £1,848 35
2020£168,824 £1,916 27
2019£179,714 £1,793 27
2018£121,454 £1,498 32
2017£150,359 £1,687 37
2016£143,661 £1,606 35
2015£131,438 £1,500 33
2014£122,000 £1,450 28
2013£135,126 £1,586 23
2012£148,566 £1,483 22
2011£128,712 £1,556 20
2010£145,656 £1,709 32
2009£138,600 £1,451 17
2008£166,356 £1,569 14
2007£150,180 £1,676 58
2006£136,270 £1,517 38
2005£117,506 £1,310 27
2004£134,805 £1,375 21
2003£94,555 £1,112 42
2002£85,874 £903 34
2001£69,394 £736 35
2000£58,641 £687 29
1999£50,318 £554 33
1998£55,052 £573 30
1997£64,747 £639 28
1996£50,575 £580 26
1995£49,019 £559 18
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£820,0001
2023£492,960 £3,670 10
2022£438,744 £2,808 8
2021£339,250 £2,732 10
2020£311,667 £2,653 6
2019£436,286 £2,709 7
2018£262,000 £2,527 5
2017£239,571 £2,287 7
2016£332,439 £2,491 9
2015£308,573 £2,285 13
2014£311,421 £2,500 7
2013£335,707 £2,222 7
2012£302,375 £1,892 4
2011£370,500 £2,090 6
2010£281,500 £2,718 2
2009£374,767 £2,510 9
2008£352,500 £2,733 5
2007£339,000 £2,273 8
2006£328,950 £2,329 11
2005£227,325 £1,835 6
2004£180,450 £1,515 11
2003£285,042 £1,768 12
2002£199,412 £1,388 12
2001£189,000 £891 5
2000£174,606 £930 9
1999£156,048 £1,010 25
1998£130,136 £931 43
1997£132,056 £799 9
1996£69,490 £484 5
1995£122,8005
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£420,000 £1,674 2
2021£99,9991
2020£264,8433
2019£793,3833
2018£424,7508
2017£377,807 £613 6
2016£727,565 £2,024 6
2014£910,8922
2013£550,0001

House Type in NE16 4BF area

The most common house types in the NE16 4BF postcode area are Terraced (68), Semi-detached (41), and Flat (34).

Total155
Terraced68
Semi-detached41
Flat34
Detached6
commercial building4
Shared house2
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (47), and Owned: Owns outright (44).

Social rented: Rents from council or Local Authority47
Owned: Owns outright44
Owned: Owns with a mortgage or loan39
Private rented: Private landlord or letting agency17
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE16 4BF have 1 person in household (68), and 2 people in household (44).

1 person in household68
2 people in household44
3 people in household27
4 people in household13
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0