Housing Market Analysis for BROOM LANE, NE16 4QU

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £188,071 median price is £222,500 Standard Deviation is £102,004 with Total Sold: 14
    • The Last 5 Year average price is £265,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 49 BROOM LANE: £230,000 (Sold on 29 Jul 2022)
    • The first recorded sale happened at this postcode is 57 BROOM LANE: £63,500 (Sold on 02 Apr 1996)
  • Terraced
    • The average price is around £139,438 median price is £137,125 Standard Deviation is £21,119 with Total Sold: 4
    • The most recent sale happened at this postcode is 55 BROOM LANE: £150,000 (Sold on 11 Sep 2015)
    • The first recorded sale happened at this postcode is 53 BROOM LANE: £115,000 (Sold on 03 Nov 2006)
  • Detached
    • The average price is around £530,000 median price is £530,000 Standard Deviation is £10,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 59 BROOM LANE: £520,000 (Sold on 21 Sep 2007)
    • The first recorded sale happened at this postcode is 59A BROOM LANE: £540,000 (Sold on 31 Oct 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 4QU 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£230,000 £2,706 1
2021£300,000 £2,735 1
2014£325,000 £2,110 1
2009£245,000 £2,233 1
2007£280,000 £2,529 2
2005£233,000 £1,513 1
2003£129,667 £1,412 3
2001£83,500 £982 1
2000£145,0001
1999£59,000 £694 1
1996£63,500 £579 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£150,000 £2,419 1
2010£168,5001
2007£124,2501
2006£115,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£520,0001
2006£540,0001

All the Sales in the BROOM LANE, NE16 4QU

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

AddressSold DatePrice% Change
49 BROOM LANESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-196629 Jul 2022£230,0006.98%
20 Apr 2007£215,00079.17%
12 Sep 2003£120,00043.71%
16 Nov 2001£83,50041.53%
06 Aug 1999£59,000First Sale
57 BROOM LANESemi-Detached, FreeholdArea: 109.7 Sq.mtrAge: 1930-194922 Feb 2021£300,00022.45%
26 Oct 2009£245,000285.83%
02 Apr 1996£63,500First Sale
55 BROOM LANETerraced, FreeholdArea: 62 Sq.mtrAge: 1930-194911 Sep 2015£150,000First Sale
55A BROOM LANESemi-Detached, FreeholdArea: 154 Sq.mtrAge: 1930-194916 Jan 2014£325,00039.48%
25 Nov 2005£233,000First Sale
53 BROOM LANETerraced, Freehold25 Mar 2010£168,50035.61%
13 Apr 2007£124,2508.04%
03 Nov 2006£115,000First Sale
59 BROOM LANEDetached, Freehold21 Sep 2007£520,000First Sale
61 BROOM LANESemi-Detached, Freehold25 May 2007£345,00038.00%
30 May 2003£250,00072.41%
31 May 2000£145,000First Sale
59A BROOM LANEDetached, Freehold31 Oct 2006£540,000First Sale
51 BROOM LANESemi-Detached, Freehold23 Sep 2003£19,000First Sale

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

BROOM LANE, NE16 4QU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £137,327 median price is £120,000 Standard Deviation is £90,465 with Total Sold: 405
    • The Last 5 Year average price is £208,456 with Total Sold: 68
    • The most recent sale happened at this postcode is , 15 BROOM GREEN: £180,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 6 BROADPOOL GREEN: £42,500 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £178,230 median price is £157,500 Standard Deviation is £109,809 with Total Sold: 401
    • The Last 5 Year average price is £262,092 with Total Sold: 66
    • The most recent sale happened at this postcode is , 19 THE CRESCENT: £163,000 (Sold on 02 Apr 2024)
    • The first recorded sale happened at this postcode is , 13 THE CRESCENT: £34,500 (Sold on 23 Jan 1995)
  • Detached
    • The average price is around £359,837 median price is £335,000 Standard Deviation is £205,919 with Total Sold: 259
    • The Last 5 Year average price is £560,779 with Total Sold: 47
    • The most recent sale happened at this postcode is , 2A MILLFIELD ROAD: £640,000 (Sold on 12 Dec 2023)
    • 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 £806,141 median price is £370,000 Standard Deviation is £693,670 with Total Sold: 7
    • The Last 5 Year average price is £365,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 30A BROOM LANE: £370,000 (Sold on 11 Sep 2020)
    • The first recorded sale happened at this postcode is , 8 MILLFIELD ROAD: £1,859,995 (Sold on 30 Jun 2016)
  • Flat
    • The average price is around £73,100 median price is £70,000 Standard Deviation is £42,471 with Total Sold: 15
    • The most recent sale happened at this postcode is , THE COTTAGE WASHINGWELL LANE: £124,000 (Sold on 24 Jun 2014)
    • The first recorded sale happened at this postcode is , 3 SOUTH VIEW TERRACE: £10,000 (Sold on 05 May 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£216,500 £2,230 4
2023£257,111 £2,884 9
2022£206,466 £2,277 18
2021£219,440 £2,245 15
2020£166,111 £1,895 9
2019£191,692 £2,139 13
2018£164,511 £1,951 11
2017£223,583 £1,920 6
2016£201,625 £1,720 12
2015£161,164 £1,826 14
2014£195,967 £1,611 18
2013£167,983 £1,787 16
2012£197,883 £1,806 9
2011£156,969 £1,646 16
2010£161,525 £1,702 10
2009£180,481 £1,887 8
2008£132,945 £1,339 10
2007£154,802 £1,789 18
2006£152,622 £1,623 18
2005£128,600 £1,407 5
2004£115,769 £1,252 13
2003£115,825 £1,177 16
2002£78,759 £872 23
2001£73,856 £662 23
2000£72,022 £728 16
1999£64,063 £653 15
1998£63,169 £803 16
1997£58,189 £531 23
1996£53,625 £528 8
1995£60,244 £723 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£186,500 £1,781 2
2023£279,750 £2,875 8
2022£256,312 £2,842 12
2021£242,024 £2,443 21
2020£296,234 £2,314 12
2019£270,364 £2,426 11
2018£268,353 £2,213 17
2017£223,657 £2,200 17
2016£233,874 £2,358 14
2015£177,907 £1,958 21
2014£242,392 £1,951 19
2013£190,988 £2,362 16
2012£206,342 £1,818 13
2011£203,667 £2,077 9
2010£181,000 £1,595 9
2009£205,587 £1,802 10
2008£158,714 £1,277 7
2007£209,807 £1,775 21
2006£160,419 £1,722 18
2005£165,944 £1,730 9
2004£178,188 £1,413 8
2003£132,389 £1,296 18
2002£132,481 £1,184 18
2001£115,611 £964 9
2000£67,528 £801 18
1999£75,065 £779 13
1998£78,985 £692 14
1997£67,728 £632 11
1996£70,114 £647 18
1995£62,525 £454 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£623,325 £3,591 8
2022£583,250 £3,537 8
2021£595,731 £3,726 13
2020£490,792 £2,927 12
2019£511,667 £3,573 6
2018£476,221 £3,448 7
2017£497,650 £2,730 10
2016£581,750 £2,877 6
2015£384,745 £2,567 10
2014£402,900 £2,707 5
2013£476,925 £2,342 10
2012£452,961 £2,620 11
2011£390,000 £2,182 5
2010£322,800 £2,512 5
2009£399,744 £2,507 8
2008£291,2502
2007£351,900 £2,456 10
2006£338,246 £2,132 12
2005£330,057 £2,026 14
2004£195,857 £1,740 7
2003£341,925 £1,906 12
2002£312,500 £1,337 2
2001£320,950 £1,593 5
2000£236,846 £1,188 13
1999£169,811 £829 9
1998£164,838 £892 12
1997£147,441 £823 17
1996£182,611 £1,032 9
1995£131,318 £535 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£365,0002
2018£547,500 £2,113 2
2016£1,272,663 £1,089 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£124,000 £2,138 1
2013£89,500 £1,377 1
2010£88,000 £1,417 1
2009£109,000 £1,535 1
2007£165,000 £2,292 1
2003£116,000 £1,933 1
2002£71,750 £1,002 2
2001£70,000 £1,077 1
2000£41,750 £685 2
1999£58,000 £806 1
1998£10,000 £161 1
1996£30,0001
1995£10,000 £161 1

House Type in NE16 4QU area

The most common house types in the NE16 4QU postcode area are Semi-detached (68), Terraced (52), and Detached (23).

Total144
Semi-detached68
Terraced52
Detached23
Flat1
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 (74), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright74
Owned: Owns with a mortgage or loan51
Private rented: Private landlord or letting agency15
Private rented: Other private rented2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NE16 4QU have 2 people in household (60), and 1 person in household (40).

2 people in household60
1 person in household40
3 people in household24
4 people in household16
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0