Housing Market Analysis for BROOM LANE, NE16 4RA

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £411,667 median price is £490,000 Standard Deviation is £117,922 with Total Sold: 3
    • The Last 5 Year average price is £500,000 with Total Sold: 1
    • The most recent sale happened at this postcode is MARSHALL LANDS FARM COTTAGE: £500,000 (Sold on 08 Oct 2020)
    • The first recorded sale happened at this postcode is THE COTTAGE MARSHALL LANDS FARM BROOM LANE: £245,000 (Sold on 26 Sep 2001)
  • Other
    • The average price is around £449,950 median price is £449,950 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £449,950 with Total Sold: 1
    • The most recent sale happened at this postcode is THE COTTAGE MARSHALL LANDS FARM BROOM LANE: £449,950 (Sold on 17 Jul 2019)
    • The first recorded sale happened at this postcode is THE COTTAGE MARSHALL LANDS FARM BROOM LANE: £449,950 (Sold on 17 Jul 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 4RA 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
2020£500,000 £3,247 1
2004£490,0001
2001£245,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£449,9501

All the Sales in the BROOM LANE, NE16 4RA

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

AddressSold DatePrice% Change
MARSHALL LANDS FARM COTTAGEDetached, FreeholdArea: 154 Sq.mtrAge: before 190008 Oct 2020£500,000First Sale
THE COTTAGE MARSHALL LANDS FARM BROOM LANEOther, Freehold17 Jul 2019£449,950-8.17%
11 Mar 2004£490,000100.00%
26 Sep 2001£245,000First Sale

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

BROOM LANE, NE16 4RA Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £163,928 median price is £150,000 Standard Deviation is £90,467 with Total Sold: 185
    • The Last 5 Year average price is £254,519 with Total Sold: 27
    • The most recent sale happened at this postcode is , 2 NAPIER COURT: £135,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 5 ELM COURT: £71,000 (Sold on 22 Jun 1995)
  • Flat
    • The average price is around £123,015 median price is £123,000 Standard Deviation is £69,185 with Total Sold: 26
    • The Last 5 Year average price is £131,125 with Total Sold: 4
    • The most recent sale happened at this postcode is , 16 NAPIER COURT: £127,000 (Sold on 23 May 2024)
    • The first recorded sale happened at this postcode is , 6 NAPIER COURT: £56,000 (Sold on 31 Aug 1995)
  • Detached
    • The average price is around £311,925 median price is £297,475 Standard Deviation is £179,126 with Total Sold: 156
    • The Last 5 Year average price is £466,520 with Total Sold: 38
    • The most recent sale happened at this postcode is , 10 THE CEDARS: £526,000 (Sold on 27 Mar 2024)
    • The first recorded sale happened at this postcode is , 79 BROOM LANE: £148,000 (Sold on 10 Feb 1995)
  • Terraced
    • The average price is around £136,005 median price is £121,350 Standard Deviation is £76,002 with Total Sold: 108
    • The Last 5 Year average price is £213,577 with Total Sold: 18
    • The most recent sale happened at this postcode is , 1 ASHFIELD RISE: £300,000 (Sold on 09 Feb 2024)
    • The first recorded sale happened at this postcode is , 28 ASHFIELD ROAD: £71,000 (Sold on 19 May 1995)
  • Other
    • The average price is around £282,650 median price is £300,000 Standard Deviation is £144,206 with Total Sold: 3
    • The Last 5 Year average price is £449,950 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE COTTAGE MARSHALL LANDS FARM BROOM LANE: £449,950 (Sold on 17 Jul 2019)
    • The first recorded sale happened at this postcode is , 16 SOUTHFIELD GREEN: £98,000 (Sold on 07 Nov 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£217,5002
2023£375,000 £3,409 1
2022£276,500 £2,753 8
2021£223,778 £2,441 9
2020£248,200 £2,352 5
2019£297,500 £2,465 2
2018£225,125 £2,216 8
2017£235,750 £2,023 4
2016£242,500 £2,374 2
2015£217,595 £2,143 10
2014£193,695 £1,928 10
2013£168,980 £1,974 5
2012£217,750 £1,917 6
2011£210,333 £1,891 6
2010£173,917 £1,617 6
2009£177,666 £1,664 4
2008£138,500 £1,707 2
2007£199,622 £1,673 9
2006£173,400 £1,861 5
2005£144,306 £1,280 8
2004£147,500 £1,680 4
2003£171,019 £1,762 8
2002£120,000 £1,186 9
2001£85,800 £1,020 8
2000£84,500 £693 10
1999£68,660 £526 5
1998£64,954 £728 10
1997£64,700 £798 5
1996£72,417 £611 9
1995£62,490 £523 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£127,0001
2023£135,000 £1,997 1
2022£127,500 £1,992 1
2021£135,000 £1,917 1
2017£125,000 £1,761 1
2016£123,000 £1,826 2
2010£311,000 £2,560 1
2009£156,000 £2,219 1
2007£152,650 £2,328 3
2006£140,000 £1,973 2
2005£115,000 £1,797 1
2004£335,000 £1,882 1
2002£89,000 £1,266 1
2001£85,9752
2000£60,500 £1,023 2
1998£53,000 £746 1
1997£57,000 £950 1
1996£50,000 £708 2
1995£56,000 £862 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£526,000 £2,955 1
2023£512,500 £3,531 4
2022£492,600 £3,966 5
2021£560,786 £3,212 11
2020£397,000 £2,887 10
2019£364,300 £3,024 7
2018£354,790 £2,818 5
2017£396,250 £2,914 6
2016£342,475 £2,079 2
2015£341,667 £3,258 3
2014£395,650 £2,653 3
2013£619,667 £2,926 3
2012£499,192 £2,608 3
2011£258,750 £2,177 2
2010£309,000 £2,626 4
2009£291,000 £1,984 2
2008£242,5003
2007£292,994 £2,167 8
2006£307,492 £2,075 6
2005£286,217 £2,096 9
2004£270,857 £1,676 7
2003£279,620 £1,395 5
2002£195,983 £1,288 6
2001£225,150 £1,275 5
2000£215,000 £1,407 3
1999£104,933 £818 3
1998£153,583 £901 6
1997£113,875 £688 8
1996£166,500 £989 7
1995£127,361 £711 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£220,500 £2,230 2
2023£290,750 £3,089 4
2022£235,097 £2,577 4
2021£165,000 £2,400 4
2020£180,000 £1,538 1
2019£153,333 £1,683 3
2018£173,625 £1,983 4
2017£137,000 £1,779 3
2015£129,050 £1,537 4
2014£184,190 £1,715 5
2013£135,500 £1,681 2
2011£153,100 £1,741 5
2010£185,250 £1,885 4
2009£181,520 £2,001 5
2008£113,500 £1,368 2
2007£159,450 £2,040 6
2006£160,464 £1,796 7
2005£160,0001
2004£94,800 £1,232 5
2003£113,583 £1,068 6
2002£79,886 £879 7
2001£71,150 £593 6
2000£58,488 £723 4
1999£69,150 £901 3
1998£58,000 £886 3
1997£45,362 £381 4
1996£46,667 £427 3
1995£71,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£449,9501
2018£300,000 £2,113 1
2016£98,000 £1,089 1

House Type in NE16 4RA area

The most common house types in the NE16 4RA postcode area are Semi-detached (71), Detached (42), and Terraced (14).

Total127
Semi-detached71
Detached42
Terraced14
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 (79), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright79
Owned: Owns with a mortgage or loan41
Private rented: Private landlord or letting agency3
Social rented: Other social rented2
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE16 4RA have 2 people in household (52), and 1 person in household (34).

2 people in household52
1 person in household34
4 people in household19
3 people in household18
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0