Housing Market Analysis for THE DRIVE, NE16 4RP

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £98,800 median price is £107,000 Standard Deviation is £27,361 with Total Sold: 9
    • The Last 5 Year average price is £123,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 15 THE DRIVE: £126,000 (Sold on 24 Jul 2023)
    • The first recorded sale happened at this postcode is 5 THE DRIVE: £52,000 (Sold on 28 Mar 2002)
  • Semi-Detached
    • The average price is around £97,723 median price is £95,000 Standard Deviation is £23,144 with Total Sold: 11
    • The Last 5 Year average price is £110,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 87 THE DRIVE: £125,000 (Sold on 07 May 2021)
    • The first recorded sale happened at this postcode is 87 THE DRIVE: £44,950 (Sold on 29 May 1998)
  • Detached
    • The average price is around £39,800 median price is £39,800 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 59 THE DRIVE: £39,800 (Sold on 21 Oct 1999)
    • The first recorded sale happened at this postcode is 59 THE DRIVE: £39,800 (Sold on 21 Oct 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 4RP 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£126,000 £1,909 1
2021£122,500 £2,410 2
2018£107,000 £1,646 1
2015£95,500 £1,469 1
2007£122,700 £1,859 1
2004£70,500 £1,075 2
2002£52,000 £800 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£125,000 £1,603 1
2020£95,000 £1,418 1
2017£118,500 £1,445 1
2015£90,000 £1,344 1
2012£111,500 £1,253 1
2011£72,000 £865 1
2008£120,0001
2007£106,000 £1,235 2
2003£86,000 £966 1
1998£44,950 £576 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£39,8001

All the Sales in the THE DRIVE, NE16 4RP

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

AddressSold DatePrice% Change
15 THE DRIVETerraced, FreeholdArea: 66 Sq.mtrAge: 1950-196624 Jul 2023£126,0002.69%
16 Mar 2007£122,700First Sale
19 THE DRIVETerraced, FreeholdArea: 66 Sq.mtrAge: 1930-194930 Jul 2021£125,00047.06%
29 Oct 2004£85,000First Sale
87 THE DRIVESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1950-196607 May 2021£125,000178.09%
29 May 1998£44,950First Sale
25 THE DRIVETerraced, FreeholdArea: 41 Sq.mtrAge: 1950-196629 Jan 2021£120,000First Sale
75 THE DRIVESemi-Detached, FreeholdArea: 66.98 Sq.mtrAge: 1950-196621 Aug 2020£95,0005.56%
12 Nov 2015£90,000First Sale
5 THE DRIVETerraced, FreeholdArea: 65 Sq.mtrAge: 1930-194912 Oct 2018£107,00012.04%
26 Jun 2015£95,50070.54%
07 Sep 2004£56,0007.69%
28 Mar 2002£52,000First Sale
57 THE DRIVESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-196616 Aug 2017£118,5001.28%
30 Nov 2007£117,000First Sale
89 THE DRIVESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1930-194901 Jun 2012£111,50029.65%
05 Dec 2003£86,000First Sale
51 THE DRIVESemi-Detached, FreeholdArea: 83.22 Sq.mtrAge: 1930-194923 Mar 2011£72,000First Sale
55 THE DRIVESemi-Detached, Freehold20 Jun 2008£120,000First Sale
69 THE DRIVESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1930-194920 Dec 2007£95,000First Sale
59 THE DRIVEDetached, Freehold21 Oct 1999£39,800First Sale

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

THE DRIVE, NE16 4RP Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £117,708 median price is £112,000 Standard Deviation is £85,814 with Total Sold: 269
    • The Last 5 Year average price is £173,919 with Total Sold: 42
    • 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 £169,844 median price is £130,500 Standard Deviation is £113,663 with Total Sold: 278
    • The Last 5 Year average price is £253,414 with Total Sold: 43
    • 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 £355,144 median price is £322,000 Standard Deviation is £212,276 with Total Sold: 163
    • The Last 5 Year average price is £557,683 with Total Sold: 30
    • The most recent sale happened at this postcode is , 9 CORNMOOR ROAD: £860,000 (Sold on 01 Dec 2023)
    • The first recorded sale happened at this postcode is , 79 BROOM LANE: £148,000 (Sold on 10 Feb 1995)
  • Other
    • The average price is around £395,492 median price is £365,000 Standard Deviation is £209,006 with Total Sold: 6
    • 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 , 16 SOUTHFIELD GREEN: £98,000 (Sold on 07 Nov 2016)
  • Flat
    • The average price is around £108,000 median price is £104,500 Standard Deviation is £40,417 with Total Sold: 4
    • 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 MILLFIELD COURT: £58,000 (Sold on 11 Aug 1999)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£160,500 £1,602 2
2023£198,625 £2,558 4
2022£181,231 £2,118 13
2021£187,512 £1,940 8
2020£162,250 £1,878 8
2019£147,857 £1,716 7
2018£123,071 £1,578 7
2017£221,250 £1,589 4
2016£212,750 £1,607 8
2015£120,720 £1,547 10
2014£156,041 £1,460 11
2013£153,250 £1,552 10
2012£202,750 £1,606 4
2011£134,722 £1,455 9
2010£148,607 £1,593 7
2009£137,475 £1,736 4
2008£125,744 £1,288 8
2007£129,188 £1,517 13
2006£132,470 £1,473 10
2005£128,600 £1,407 5
2004£110,318 £1,252 11
2003£97,631 £1,015 13
2002£73,103 £813 19
2001£68,981 £615 16
2000£72,029 £688 14
1999£50,050 £653 10
1998£41,700 £494 5
1997£51,494 £484 16
1996£47,167 £463 6
1995£55,418 £668 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£163,000 £1,895 1
2023£300,900 £2,871 5
2022£238,500 £2,451 7
2021£198,571 £2,091 14
2020£305,829 £2,236 7
2019£293,222 £2,421 9
2018£260,923 £2,059 13
2017£202,475 £2,187 13
2016£237,910 £2,205 8
2015£155,958 £1,772 13
2014£242,000 £1,816 13
2013£187,539 £2,501 9
2012£204,375 £1,627 8
2011£185,200 £1,766 5
2010£175,714 £1,537 7
2009£213,124 £1,802 7
2008£158,714 £1,277 7
2007£212,800 £1,798 15
2006£139,532 £1,707 14
2005£162,714 £1,716 7
2004£136,900 £1,324 5
2003£133,412 £1,296 17
2002£126,977 £1,081 13
2001£93,083 £923 6
2000£56,550 £630 10
1999£73,433 £745 9
1998£75,435 £653 11
1997£64,786 £637 7
1996£67,527 £651 13
1995£60,700 £482 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£623,000 £3,678 5
2022£611,600 £3,774 5
2021£619,944 £3,454 9
2020£467,556 £3,023 9
2019£385,000 £4,107 2
2018£458,925 £3,529 6
2017£509,500 £2,882 7
2016£568,700 £3,023 5
2015£349,990 £2,783 5
2014£389,375 £2,707 4
2013£556,800 £2,651 5
2012£442,197 £2,804 8
2011£250,000 £1,729 1
2010£275,000 £3,126 1
2009£271,983 £2,639 3
2008£360,0001
2007£373,167 £2,597 6
2006£301,744 £2,037 8
2005£322,279 £2,028 7
2004£229,667 £1,661 6
2003£331,562 £2,097 8
2002£312,500 £1,337 2
2001£297,950 £1,543 5
2000£228,333 £1,185 9
1999£142,933 £642 3
1998£168,064 £880 7
1997£133,500 £796 12
1996£182,611 £1,032 9
1995£140,900 £485 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£365,0002
2019£449,9501
2018£547,500 £2,113 2
2016£98,000 £1,089 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£124,000 £2,138 1
2007£165,000 £2,292 1
2002£85,000 £1,181 1
1999£58,000 £806 1

House Type in NE16 4RP area

The most common house types in the NE16 4RP postcode area are Semi-detached (65), Terraced (45), and Detached (4).

Total114
Semi-detached65
Terraced45
Detached4
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 with a mortgage or loan (38), and Owned: Owns outright (31).

Owned: Owns with a mortgage or loan38
Owned: Owns outright31
Social rented: Rents from council or Local Authority31
Private rented: Private landlord or letting agency6
Social rented: Other social rented4
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE16 4RP have 1 person in household (41), and 2 people in household (37).

1 person in household41
2 people in household37
3 people in household23
4 people in household9
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0