Housing Market Analysis for SPENCER GROVE, NE16 4BL

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £65,725 median price is £65,725 Standard Deviation is £24,225 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 SPENCER GROVE: £89,950 (Sold on 13 May 2016)
    • The first recorded sale happened at this postcode is 4 SPENCER GROVE: £41,500 (Sold on 01 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 4BL 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
2016£89,9501
1996£41,5001

All the Sales in the SPENCER GROVE, NE16 4BL

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

AddressSold DatePrice% Change
4 SPENCER GROVESemi-Detached, Freehold13 May 2016£89,950116.75%
01 Mar 1996£41,500First Sale

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

SPENCER GROVE, NE16 4BL Near By properties

Interactive Map

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

  • Flat
    • The average price is around £76,622 median price is £65,000 Standard Deviation is £48,405 with Total Sold: 800
    • The Last 5 Year average price is £86,188 with Total Sold: 130
    • 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 £95,313 median price is £88,000 Standard Deviation is £55,722 with Total Sold: 955
    • The Last 5 Year average price is £131,773 with Total Sold: 152
    • 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 £114,095 median price is £105,000 Standard Deviation is £64,333 with Total Sold: 922
    • The Last 5 Year average price is £158,581 with Total Sold: 168
    • 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)
  • Other
    • The average price is around £243,809 median price is £69,750 Standard Deviation is £538,973 with Total Sold: 48
    • The Last 5 Year average price is £107,399 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 , 9 FELLSIDE ROAD: £190,000 (Sold on 03 Apr 2014)
  • Detached
    • The average price is around £207,469 median price is £174,000 Standard Deviation is £113,618 with Total Sold: 279
    • The Last 5 Year average price is £330,086 with Total Sold: 44
    • The most recent sale happened at this postcode is , 5 THE OAKS: £605,000 (Sold on 18 Dec 2023)
    • The first recorded sale happened at this postcode is , 2 ALNWICK CLOSE: £88,000 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£94,875 £2,011 6
2023£88,160 £1,605 20
2022£83,620 £1,374 37
2021£96,227 £1,667 19
2020£75,665 £1,362 23
2019£88,380 £1,458 25
2018£77,812 £1,389 20
2017£80,631 £1,486 26
2016£79,053 £1,393 18
2015£87,047 £1,561 19
2014£59,198 £950 21
2013£75,074 £1,147 17
2012£64,769 £1,248 13
2011£89,698 £1,625 13
2010£89,786 £1,692 14
2009£79,622 £1,306 16
2008£77,589 £1,309 13
2007£96,417 £1,630 47
2006£96,015 £1,741 41
2005£94,718 £1,661 58
2004£101,474 £1,731 68
2003£102,351 £1,855 83
2002£41,621 £704 34
2001£36,583 £515 19
2000£28,273 £475 29
1999£45,067 £381 21
1998£27,568 £506 29
1997£23,925 £459 19
1996£25,322 £415 20
1995£25,219 £429 12
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£152,929 £1,839 14
2023£141,730 £1,667 20
2022£130,637 £1,769 32
2021£132,492 £1,604 31
2020£131,778 £1,556 25
2019£115,727 £1,487 30
2018£133,079 £1,551 32
2017£118,733 £1,327 23
2016£127,076 £1,501 27
2015£119,818 £1,418 20
2014£98,747 £1,240 17
2013£111,265 £1,527 28
2012£113,288 £1,360 12
2011£105,640 £1,433 25
2010£107,684 £1,417 16
2009£104,854 £1,251 14
2008£120,622 £1,522 17
2007£123,053 £1,498 49
2006£117,734 £1,606 48
2005£122,943 £1,609 43
2004£117,366 £1,507 75
2003£85,919 £1,153 54
2002£55,756 £794 39
2001£50,716 £684 45
2000£48,490 £638 44
1999£46,097 £548 35
1998£41,315 £514 33
1997£39,059 £568 35
1996£39,994 £550 35
1995£37,778 £558 37
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£151,545 £1,797 11
2023£182,583 £2,070 23
2022£156,361 £1,875 36
2021£166,315 £1,735 39
2020£146,429 £1,853 29
2019£147,116 £1,576 30
2018£117,153 £1,584 35
2017£122,738 £1,529 34
2016£121,569 £1,518 32
2015£126,047 £1,447 30
2014£113,362 £1,407 33
2013£132,482 £1,563 20
2012£125,337 £1,467 19
2011£118,809 £1,521 23
2010£130,346 £1,696 26
2009£125,650 £1,433 18
2008£147,283 £1,710 19
2007£144,141 £1,693 66
2006£134,091 £1,580 49
2005£115,334 £1,433 34
2004£124,377 £1,538 32
2003£103,168 £1,198 52
2002£75,205 £907 41
2001£58,309 £732 31
2000£58,718 £697 31
1999£50,526 £635 34
1998£50,680 £576 32
1997£61,600 £646 25
1996£45,237 £575 26
1995£44,833 £497 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,0001
2023£282,500 £1,792 2
2022£44,498 £825 7
2021£96,800 £670 5
2020£114,075 £1,097 7
2019£103,858 £561 6
2018£368,857 £1,543 7
2017£491,625 £1,514 8
2016£119,633 £863 3
2014£910,8922
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£422,889 £3,039 9
2022£374,460 £3,130 5
2021£282,857 £2,701 14
2020£284,350 £2,792 10
2019£340,333 £2,575 6
2018£252,000 £2,664 5
2017£231,667 £2,456 6
2016£325,695 £2,509 10
2015£222,111 £2,364 9
2014£237,304 £2,381 13
2013£248,056 £2,477 8
2012£230,300 £1,910 5
2011£268,238 £2,266 4
2010£200,000 £2,173 2
2009£259,158 £2,232 6
2008£376,250 £2,817 2
2007£293,455 £2,439 11
2006£294,136 £2,403 7
2005£174,500 £1,601 4
2004£224,995 £1,909 11
2003£233,800 £1,629 5
2002£171,647 £1,356 16
2001£134,900 £945 10
2000£110,268 £898 11
1999£131,854 £1,086 24
1998£126,449 £934 42
1997£87,921 £842 7
1996£80,238 £776 12
1995£92,400 £599 5

House Type in NE16 4BL area

The most common house types in the NE16 4BL postcode area are Semi-detached (72), Flat (41), and Shared house (13).

Total128
Semi-detached72
Flat41
Shared house13
Detached2
Terraced0
converted building0
commercial 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 (49), and Private rented: Private landlord or letting agency (28).

Social rented: Rents from council or Local Authority49
Private rented: Private landlord or letting agency28
Owned: Owns with a mortgage or loan24
Owned: Owns outright23
Social rented: Other social rented4
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE16 4BL have 1 person in household (76), and 2 people in household (32).

1 person in household76
2 people in household32
3 people in household16
4 people in household3
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0