Housing Market Analysis for REDEWATER GARDENS, NE16 4LQ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £238,333 median price is £225,000 Standard Deviation is £45,886 with Total Sold: 6
    • The Last 5 Year average price is £265,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 8 REDEWATER GARDENS: £270,000 (Sold on 31 Jan 2023)
    • The first recorded sale happened at this postcode is 3 REDEWATER GARDENS: £320,000 (Sold on 16 Aug 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 4LQ 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
2023£270,0001
2024£262,5002
2013£200,000 £1,869 1
2008£217,5002

All the Sales in the REDEWATER GARDENS, NE16 4LQ

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

AddressSold DatePrice% Change
8 REDEWATER GARDENSDetached, Freehold31 Jan 2023£270,000First Sale
5 REDEWATER GARDENSDetached, Freehold22 Jan 2024£205,000First Sale
6 REDEWATER GARDENSDetached, FreeholdArea: 107 Sq.mtrAge: 1950-196621 Jun 2013£200,000First Sale
1 REDEWATER GARDENSDetached, Freehold19 Dec 2008£245,000First Sale
3 REDEWATER GARDENSDetached, Freehold02 Dec 2008£190,000-40.62%
16 Aug 2024£320,000First Sale

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

REDEWATER GARDENS, NE16 4LQ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £161,263 median price is £159,000 Standard Deviation is £89,231 with Total Sold: 763
    • The Last 5 Year average price is £241,987 with Total Sold: 127
    • The most recent sale happened at this postcode is , 44 ANCASTER ROAD: £380,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 2 MARSTON WALK: £59,950 (Sold on 24 Apr 1995)
  • Terraced
    • The average price is around £125,819 median price is £120,000 Standard Deviation is £65,511 with Total Sold: 685
    • The Last 5 Year average price is £169,610 with Total Sold: 115
    • 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 , 73 FRONT STREET: £60,000 (Sold on 07 Apr 1995)
  • Detached
    • The average price is around £245,138 median price is £223,000 Standard Deviation is £155,319 with Total Sold: 379
    • The Last 5 Year average price is £364,731 with Total Sold: 67
    • The most recent sale happened at this postcode is , 4 BIRCHWOOD AVENUE: £207,500 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 14A WHAGGS LANE: £190,000 (Sold on 17 Jan 1995)
  • Flat
    • The average price is around £112,702 median price is £113,000 Standard Deviation is £47,962 with Total Sold: 326
    • The Last 5 Year average price is £106,413 with Total Sold: 55
    • The most recent sale happened at this postcode is 52, CHASE COURT RECTORY LANE: £105,000 (Sold on 06 Aug 2024)
    • The first recorded sale happened at this postcode is , 24 MARSTON WALK: £47,500 (Sold on 16 Jan 1995)
  • Other
    • The average price is around £290,360 median price is £145,000 Standard Deviation is £461,180 with Total Sold: 23
    • The Last 5 Year average price is £171,450 with Total Sold: 10
    • The most recent sale happened at this postcode is , 96 OAKFIELD ROAD: £115,000 (Sold on 02 Feb 2024)
    • The first recorded sale happened at this postcode is , 9 FELLSIDE ROAD: £190,000 (Sold on 03 Apr 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£238,312 £2,563 8
2023£248,259 £3,107 27
2022£233,224 £2,701 19
2021£261,765 £2,709 34
2020£212,602 £2,353 21
2019£240,386 £2,407 18
2018£246,043 £2,515 22
2017£208,316 £2,337 28
2016£195,071 £2,262 35
2015£178,380 £2,326 22
2014£214,214 £2,003 32
2013£180,763 £2,107 34
2012£189,218 £2,123 11
2011£158,834 £2,132 19
2010£172,346 £2,078 13
2009£167,171 £1,947 28
2008£192,023 £1,511 12
2007£183,801 £1,924 37
2006£190,919 £2,026 24
2005£165,153 £1,987 19
2004£181,158 £2,003 24
2003£145,878 £1,457 30
2002£118,024 £1,262 40
2001£89,895 £1,120 21
2000£81,479 £1,050 31
1999£71,167 £865 38
1998£71,696 £865 34
1997£67,378 £740 33
1996£67,542 £648 25
1995£64,796 £652 24
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£189,833 £2,445 9
2023£176,134 £2,090 12
2022£174,994 £2,148 22
2021£171,080 £1,998 29
2020£145,589 £1,801 22
2019£174,710 £2,100 21
2018£148,925 £1,792 27
2017£168,573 £1,826 13
2016£143,600 £1,753 26
2015£170,881 £1,846 18
2014£167,733 £1,644 18
2013£154,879 £1,793 24
2012£154,995 £1,682 11
2011£154,717 £1,769 23
2010£153,773 £1,737 11
2009£159,359 £1,766 11
2008£146,059 £1,737 17
2007£158,615 £1,902 33
2006£156,431 £2,042 32
2005£145,820 £1,944 23
2004£145,638 £1,785 29
2003£116,637 £1,410 35
2002£91,043 £1,159 30
2001£69,697 £750 31
2000£56,390 £698 24
1999£66,148 £709 25
1998£56,243 £609 28
1997£57,662 £601 32
1996£49,581 £600 26
1995£53,207 £714 23
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£246,8754
2023£465,333 £3,086 9
2022£364,286 £3,013 14
2021£365,909 £3,188 22
2020£351,650 £2,521 10
2019£324,375 £3,187 8
2018£347,217 £2,798 12
2017£381,182 £2,646 11
2016£356,857 £2,612 7
2015£264,636 £2,484 7
2014£264,176 £2,540 17
2013£275,982 £2,292 14
2012£307,068 £2,303 14
2011£235,700 £2,597 7
2010£204,421 £1,798 6
2009£271,500 £2,444 15
2008£238,500 £2,563 7
2007£255,122 £2,643 16
2006£292,224 £2,305 17
2005£266,190 £2,007 10
2004£231,972 £1,870 20
2003£236,003 £2,024 18
2002£144,685 £1,363 13
2001£109,500 £1,101 8
2000£160,354 £976 24
1999£104,159 £866 11
1998£113,379 £833 14
1997£128,219 £819 16
1996£83,095 £785 19
1995£102,250 £597 9
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£109,625 £2,011 4
2023£109,506 £2,031 9
2022£96,800 £1,810 10
2021£101,811 £1,942 14
2020£113,744 £2,024 8
2019£112,535 £2,003 10
2018£122,500 £2,188 8
2017£118,304 £2,179 13
2016£110,295 £1,998 10
2015£113,408 £2,057 12
2014£105,786 £1,693 7
2013£101,827 £1,534 9
2012£74,850 £1,308 10
2011£115,931 £2,006 8
2010£113,611 £2,229 9
2009£114,772 £2,031 9
2008£121,625 £2,693 2
2007£138,822 £2,307 18
2006£162,332 £3,217 11
2005£156,826 £2,674 20
2004£148,589 £2,594 23
2003£148,977 £2,668 46
2002£64,582 £990 11
2001£64,239 £1,210 7
2000£41,345 £669 11
1999£35,000 £678 7
1998£34,429 £611 7
1997£41,975 £792 2
1996£33,590 £560 5
1995£38,400 £637 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,0001
2023£257,500 £1,908 2
2022£120,000 £1,935 1
2021£238,750 £2,196 2
2020£45,667 £1,229 3
2019£350,0001
2018£409,5006
2017£135,000 £1,048 4
2015£145,0001
2014£910,8922

House Type in NE16 4LQ area

The most common house types in the NE16 4LQ postcode area are Detached (92), Semi-detached (34), and Terraced (4).

Total130
Detached92
Semi-detached34
Terraced4
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (93), and Owned: Owns with a mortgage or loan (15).

Owned: Owns outright93
Owned: Owns with a mortgage or loan15
Social rented: Rents from council or Local Authority8
Social rented: Other social rented5
Private rented: Private landlord or letting agency5
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 4LQ have 2 people in household (60), and 1 person in household (45).

2 people in household60
1 person in household45
3 people in household13
4 people in household10
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0