Housing Market Analysis for SOUTHFIELD TERRACE, NE16 4RE

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

Overview of Sold House prices

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

Terraced
- The average price is around £95,062 median price is £105,000 Standard Deviation is £34,569 with Total Sold: 21
- The Last 5 Year average price is £140,500 with Total Sold: 2
- The most recent sale happened at this postcode is 11 SOUTHFIELD TERRACE: £141,000 (Sold on 22 Jan 2024)
- The first recorded sale happened at this postcode is 14 SOUTHFIELD TERRACE: £41,500 (Sold on 02 May 1997)
Detached
- The average price is around £109,975 median price is £109,975 Standard Deviation is £14,975 with Total Sold: 2
- The most recent sale happened at this postcode is 20 SOUTHFIELD TERRACE: £124,950 (Sold on 15 Dec 2006)
- The first recorded sale happened at this postcode is 20 SOUTHFIELD TERRACE: £95,000 (Sold on 09 Dec 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 4RE 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£141,000	£1,602	1
2019	£140,000	£1,284	1
2017	£116,000	£1,365	1
2015	£109,950	£1,306	1
2014	£105,000	£963	1
2013	£119,000	£1,434	1
2011	£106,000	£1,264	2
2008	£132,000	£1,590	1
2007	£109,500	£1,047	2
2006	£125,000	£1,496	1
2004	£125,500	£1,512	1
2003	£86,250	£1,036	2
2001	£54,475	£495	2
2000	£42,950		1
1999	£49,950		1
1998	£36,000		1
1997	£41,500	£381	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£124,950	£1,506	1
2005	£95,000	£1,145	1

All the Sales in the SOUTHFIELD TERRACE, NE16 4RE

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

Address	Sold Date	Price	% Change
11 SOUTHFIELD TERRACETerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	22 Jan 2024	£141,000	First Sale
14 SOUTHFIELD TERRACETerraced, FreeholdArea: 109 Sq.mtrAge: 1900-1929	27 Sep 2019	£140,000	33.33%
	03 Feb 2014	£105,000	94.44%
	30 Jul 2001	£54,000	30.12%
	02 May 1997	£41,500	First Sale
16 SOUTHFIELD TERRACETerraced, FreeholdArea: 85 Sq.mtrAge: 1930-1949	06 Dec 2017	£116,000	First Sale
18 SOUTHFIELD TERRACETerraced, FreeholdArea: 84.2 Sq.mtrAge: 1930-1949	10 Jul 2015	£109,950	19.51%
	13 Sep 2011	£92,000	First Sale
2 SOUTHFIELD TERRACETerraced, FreeholdArea: 83 Sq.mtrAge: 1950-1966	20 Sep 2013	£119,000	-9.85%
	11 Jan 2008	£132,000	5.18%
	15 Oct 2004	£125,500	45.93%
	17 Oct 2003	£86,000	First Sale
13 SOUTHFIELD TERRACETerraced, FreeholdArea: 83.56 Sq.mtrAge: 1900-1929	19 Dec 2011	£120,000	-4.00%
	13 Oct 2006	£125,000	44.51%
	31 Mar 2003	£86,500	First Sale
7 SOUTHFIELD TERRACETerraced, Freehold	11 Jun 2007	£130,000	160.26%
7 SOUTHFIELD TERRACETerraced, Freehold	11 Jun 1999	£49,950	First Sale
15 SOUTHFIELD TERRACETerraced, FreeholdArea: 85 Sq.mtrAge: 1930-1949	08 Jan 2007	£89,000	First Sale
20 SOUTHFIELD TERRACEDetached, FreeholdArea: 82.96 Sq.mtrAge: 1900-1929	15 Dec 2006	£124,950	31.53%
	09 Dec 2005	£95,000	First Sale
22 SOUTHFIELD TERRACETerraced, Freehold	27 Jul 2001	£54,950	First Sale
17 SOUTHFIELD TERRACETerraced, Freehold	17 Mar 2000	£42,950	First Sale
6 SOUTHFIELD TERRACETerraced, Freehold	30 Oct 1998	£36,000	First Sale

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

SOUTHFIELD TERRACE, NE16 4RE Near By properties

Interactive Map

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

Terraced
- The average price is around £136,299 median price is £119,950 Standard Deviation is £91,395 with Total Sold: 371
- The Last 5 Year average price is £203,492 with Total Sold: 61
- 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 £180,561 median price is £141,000 Standard Deviation is £116,472 with Total Sold: 337
- The Last 5 Year average price is £271,429 with Total Sold: 52
- 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 £364,488 median price is £342,500 Standard Deviation is £206,477 with Total Sold: 254
- The Last 5 Year average price is £570,002 with Total Sold: 46
- 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 £761,618 median price is £409,975 Standard Deviation is £659,475 with Total Sold: 8
- The Last 5 Year average price is £393,317 with Total Sold: 3
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£216,500	£2,230	4
2023	£258,750	£2,858	8
2022	£204,199	£2,251	17
2021	£209,467	£2,162	12
2020	£166,111	£1,895	9
2019	£181,546	£2,044	11
2018	£159,056	£1,891	9
2017	£223,583	£1,920	6
2016	£200,864	£1,681	11
2015	£161,164	£1,826	14
2014	£195,967	£1,611	18
2013	£167,338	£1,748	14
2012	£201,369	£1,828	8
2011	£162,393	£1,645	14
2010	£161,525	£1,702	10
2009	£171,407	£1,887	7
2008	£132,945	£1,339	10
2007	£150,090	£1,783	16
2006	£155,713	£1,624	15
2005	£128,600	£1,407	5
2004	£116,167	£1,252	12
2003	£115,825	£1,177	16
2002	£79,066	£872	22
2001	£73,931	£670	19
2000	£73,493	£728	15
1999	£64,063	£653	15
1998	£62,607	£803	14
1997	£57,207	£519	21
1996	£53,625	£528	8
1995	£61,289	£668	11

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£186,500	£1,781	2
2023	£300,900	£2,871	5
2022	£253,833	£2,683	9
2021	£243,684	£2,396	19
2020	£335,413	£2,325	8
2019	£293,222	£2,421	9
2018	£270,875	£2,206	16
2017	£223,657	£2,200	17
2016	£241,480	£2,157	11
2015	£176,122	£1,869	16
2014	£247,262	£1,934	17
2013	£209,785	£2,460	10
2012	£204,792	£1,766	12
2011	£209,333	£1,852	6
2010	£181,000	£1,595	9
2009	£215,233	£1,802	8
2008	£158,714	£1,277	7
2007	£218,291	£1,818	17
2006	£154,903	£1,702	16
2005	£162,714	£1,716	7
2004	£176,929	£1,413	7
2003	£133,412	£1,296	17
2002	£134,481	£1,161	16
2001	£118,438	£869	8
2000	£60,038	£704	13
1999	£74,590	£774	10
1998	£79,792	£702	13
1997	£66,501	£627	10
1996	£70,507	£647	15
1995	£61,036	£424	7

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£623,325	£3,591	8
2022	£583,250	£3,537	8
2021	£622,458	£3,722	12
2020	£502,333	£2,997	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	£408,883	£2,601	9
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	£325,250	£2,488	4
2009	£399,744	£2,507	8
2008	£291,250		2
2007	£364,889	£2,456	9
2006	£352,632	£2,168	11
2005	£334,677	£2,026	13
2004	£232,625	£1,740	8
2003	£341,925	£1,906	12
2002	£312,500	£1,337	2
2001	£308,292	£1,593	6
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	£139,350	£535	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£365,000		2
2019	£449,950		1
2018	£547,500	£2,113	2
2016	£1,272,663	£1,089	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£30,000		1
1995	£10,000	£161	1

House Type in NE16 4RE area

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

Total	144
Semi-detached	68
Terraced	52
Detached	23
Flat	1
Shared house	0
converted building	0
commercial building	0
temporary structure	0

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 outright	74
Owned: Owns with a mortgage or loan	51
Private rented: Private landlord or letting agency	15
Private rented: Other private rented	2
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

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

2 people in household	60
1 person in household	40
3 people in household	24
4 people in household	16
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0