Housing Market Analysis for WELL CLOSE WALK, NE16 4LW

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £119,000 median price is £130,500 Standard Deviation is £43,828 with Total Sold: 4
    • The Last 5 Year average price is £158,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 8 WELL CLOSE WALK: £162,500 (Sold on 14 Jun 2022)
    • The first recorded sale happened at this postcode is 10 WELL CLOSE WALK: £52,500 (Sold on 01 Aug 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 4LW 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
2022£158,250 £2,453 2
2013£107,000 £1,672 1
1997£52,5001

All the Sales in the WELL CLOSE WALK, NE16 4LW

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

AddressSold DatePrice% Change
8 WELL CLOSE WALKSemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1950-196614 Jun 2022£162,500First Sale
4 WELL CLOSE WALKSemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1967-197521 Jan 2022£154,000First Sale
7 WELL CLOSE WALKSemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1967-197531 Jul 2013£107,000First Sale
10 WELL CLOSE WALKSemi-Detached, Freehold01 Aug 1997£52,500First Sale

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

WELL CLOSE WALK, NE16 4LW Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £125,062 median price is £116,000 Standard Deviation is £70,629 with Total Sold: 595
    • The Last 5 Year average price is £171,470 with Total Sold: 111
    • 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 , 4 HEATHWOOD AVENUE: £54,000 (Sold on 24 Feb 1995)
  • Semi-Detached
    • The average price is around £151,767 median price is £134,050 Standard Deviation is £93,011 with Total Sold: 728
    • The Last 5 Year average price is £217,412 with Total Sold: 128
    • The most recent sale happened at this postcode is , 28 ELSDON ROAD: £249,999 (Sold on 04 Sep 2024)
    • The first recorded sale happened at this postcode is , 5 HENDERSON AVENUE: £29,000 (Sold on 31 Mar 1995)
  • Detached
    • The average price is around £261,752 median price is £230,750 Standard Deviation is £166,807 with Total Sold: 398
    • The Last 5 Year average price is £391,279 with Total Sold: 73
    • The most recent sale happened at this postcode is , 3 REDEWATER GARDENS: £320,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 13 MILLFIELD ROAD: £180,000 (Sold on 13 Jan 1995)
  • Flat
    • The average price is around £112,965 median price is £115,000 Standard Deviation is £49,014 with Total Sold: 320
    • The Last 5 Year average price is £107,113 with Total Sold: 54
    • 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 , 37 BULLFINCH DRIVE: £44,700 (Sold on 31 Mar 1995)
  • Other
    • The average price is around £444,300 median price is £193,750 Standard Deviation is £618,234 with Total Sold: 24
    • The Last 5 Year average price is £191,225 with Total Sold: 9
    • The most recent sale happened at this postcode is , 22 CORSAIR: £120,000 (Sold on 02 Jun 2023)
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£176,500 £2,040 9
2023£185,038 £2,128 16
2022£176,244 £2,098 20
2021£175,601 £1,962 28
2020£141,550 £1,742 19
2019£176,468 £1,946 19
2018£149,166 £1,658 24
2017£179,042 £1,662 12
2016£144,874 £1,694 23
2015£169,590 £1,891 15
2014£165,981 £1,579 16
2013£149,105 £1,786 20
2012£157,842 £1,732 13
2011£152,175 £1,729 20
2010£136,188 £1,587 8
2009£152,779 £1,551 7
2008£133,308 £1,580 13
2007£151,082 £1,775 28
2006£145,814 £1,843 25
2005£147,613 £1,833 19
2004£139,672 £1,679 29
2003£112,821 £1,332 29
2002£83,675 £1,120 22
2001£67,786 £758 28
2000£57,418 £677 21
1999£62,598 £678 23
1998£56,903 £551 25
1997£56,052 £609 23
1996£49,266 £557 22
1995£50,855 £670 19
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£175,143 £1,706 7
2023£233,495 £2,822 22
2022£195,991 £2,305 27
2021£238,574 £2,480 33
2020£209,247 £2,162 21
2019£217,056 £2,021 18
2018£224,907 £2,262 22
2017£213,374 £2,247 27
2016£183,227 £2,092 29
2015£158,721 £2,075 17
2014£208,941 £1,848 27
2013£178,962 £2,006 26
2012£174,262 £2,010 13
2011£147,413 £1,971 19
2010£144,353 £1,930 17
2009£156,640 £1,765 21
2008£176,139 £1,592 16
2007£170,386 £1,863 42
2006£158,840 £1,819 26
2005£140,168 £1,813 19
2004£157,336 £1,731 32
2003£130,150 £1,481 39
2002£106,610 £1,163 40
2001£85,138 £964 23
2000£75,081 £959 24
1999£67,519 £842 31
1998£67,048 £843 23
1997£68,249 £712 29
1996£61,184 £672 22
1995£60,575 £568 16
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£262,5002
2023£497,050 £3,236 12
2022£381,635 £3,120 13
2021£378,457 £3,188 23
2020£336,385 £2,758 13
2019£403,500 £3,232 10
2018£357,633 £2,833 12
2017£367,750 £2,655 12
2016£410,494 £2,683 8
2015£324,541 £2,449 11
2014£268,857 £2,613 14
2013£302,609 £2,300 16
2012£362,636 £2,366 11
2011£319,690 £2,385 10
2010£211,205 £1,711 5
2009£320,967 £2,482 15
2008£238,500 £2,563 7
2007£273,367 £2,742 15
2006£301,271 £2,305 14
2005£280,238 £1,739 8
2004£237,833 £1,852 21
2003£266,253 £1,973 16
2002£152,132 £1,379 14
2001£146,222 £1,276 9
2000£160,458 £993 24
1999£126,164 £955 18
1998£125,070 £927 15
1997£138,806 £810 18
1996£84,015 £875 20
1995£107,188 £593 12
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£109,625 £2,011 4
2023£117,439 £2,112 9
2022£96,800 £1,810 10
2021£105,883 £1,933 14
2020£101,850 £1,941 7
2019£112,535 £2,003 10
2018£122,500 £2,188 8
2017£118,496 £2,202 12
2016£109,994 £2,020 9
2015£113,408 £2,057 12
2014£105,300 £1,648 5
2013£101,431 £1,509 8
2012£74,222 £1,315 9
2011£117,493 £2,050 7
2010£113,611 £2,229 9
2009£115,369 £1,953 8
2008£121,625 £2,693 2
2007£138,378 £2,306 18
2006£162,332 £3,217 11
2005£161,290 £2,752 19
2004£146,150 £2,507 24
2003£148,977 £2,668 46
2002£63,877 £1,015 13
2001£61,961 £949 7
2000£41,345 £669 11
1999£59,312 £648 8
1998£34,429 £611 7
1997£35,317 £765 3
1996£34,000 £532 5
1995£36,580 £600 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£257,500 £1,908 2
2021£148,750 £2,170 2
2020£139,632 £1,229 4
2019£350,0001
2018£409,5006
2017£162,250 £2,500 4
2016£1,338,1303
2014£910,8922

House Type in NE16 4LW area

The most common house types in the NE16 4LW postcode area are Semi-detached (61), Detached (38), and Terraced (18).

Total128
Semi-detached61
Detached38
Terraced18
Flat11
Shared house0
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 (52), and Owned: Owns outright (37).

Social rented: Rents from council or Local Authority52
Owned: Owns outright37
Social rented: Other social rented18
Private rented: Private landlord or letting agency14
Owned: Owns with a mortgage or loan6
Private rented: Other private rented1
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the NE16 4LW have 1 person in household (74), and 2 people in household (41).

1 person in household74
2 people in household41
3 people in household9
4 people in household4
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0