Housing Market Analysis for THE DRIVE, NE16 4RR

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £80,459 median price is £85,000 Standard Deviation is £37,824 with Total Sold: 10
    • The Last 5 Year average price is £128,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 28 THE DRIVE: £137,000 (Sold on 22 Feb 2022)
    • The first recorded sale happened at this postcode is 26 THE DRIVE: £43,500 (Sold on 30 May 1997)
  • Detached
    • The average price is around £142,000 median price is £142,000 Standard Deviation is £4,000 with Total Sold: 2
    • The Last 5 Year average price is £138,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 20 THE DRIVE: £138,000 (Sold on 11 Sep 2020)
    • The first recorded sale happened at this postcode is 20 THE DRIVE: £146,000 (Sold on 25 Nov 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 4RR 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£137,000 £1,292 1
2021£120,000 £1,846 1
2014£98,500 £1,526 2
2013£97,5002
2001£56,000 £862 1
2000£37,5001
1998£18,590 £286 1
1997£43,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£138,000 £1,394 1
2005£146,000 £1,475 1

All the Sales in the THE DRIVE, NE16 4RR

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

AddressSold DatePrice% Change
28 THE DRIVESemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1930-194922 Feb 2022£137,000First Sale
72 THE DRIVESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1930-194921 Sep 2021£120,0007.14%
05 Sep 2014£112,000100.00%
14 Dec 2001£56,000201.24%
22 Jun 1998£18,590First Sale
20 THE DRIVEDetached, FreeholdArea: 99 Sq.mtrAge: 1900-192911 Sep 2020£138,000-5.48%
25 Nov 2005£146,000First Sale
66 THE DRIVESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1930-194930 May 2014£85,000First Sale
10 THE DRIVESemi-Detached, Freehold22 Nov 2013£110,00029.41%
27 Mar 2013£85,000First Sale
68 THE DRIVESemi-Detached, Freehold21 Jul 2000£37,500First Sale
26 THE DRIVESemi-Detached, Freehold30 May 1997£43,500First Sale

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

THE DRIVE, NE16 4RR Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £115,541 median price is £110,000 Standard Deviation is £85,198 with Total Sold: 261
    • The Last 5 Year average price is £169,551 with Total Sold: 41
    • 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 £173,161 median price is £131,000 Standard Deviation is £117,359 with Total Sold: 277
    • The Last 5 Year average price is £261,710 with Total Sold: 42
    • 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 £371,907 median price is £350,000 Standard Deviation is £212,706 with Total Sold: 188
    • The Last 5 Year average price is £576,679 with Total Sold: 34
    • 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 £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£153,167 £2,235 3
2022£175,917 £2,079 12
2021£187,512 £1,940 8
2020£162,250 £1,878 8
2019£157,750 £1,907 8
2018£123,071 £1,578 7
2017£222,400 £1,920 5
2016£212,750 £1,607 8
2015£110,022 £1,462 9
2014£156,041 £1,460 11
2013£157,050 £1,650 10
2012£202,750 £1,606 4
2011£125,312 £1,375 8
2010£142,679 £1,621 7
2009£130,317 £1,596 3
2008£125,744 £1,288 8
2007£126,650 £1,542 13
2006£120,181 £1,404 8
2005£120,750 £1,407 4
2004£110,318 £1,252 11
2003£90,564 £1,147 11
2002£72,600 £788 17
2001£70,511 £670 17
2000£72,415 £648 13
1999£47,722 £592 9
1998£55,562 £779 8
1997£51,494 £484 16
1996£47,167 £463 6
1995£55,275 £668 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£163,000 £1,895 1
2023£300,900 £2,871 5
2022£229,400 £2,435 5
2021£197,308 £2,078 13
2020£330,367 £2,341 9
2019£293,222 £2,421 9
2018£266,769 £2,086 13
2017£216,129 £2,139 13
2016£237,910 £2,205 8
2015£155,958 £1,772 13
2014£242,000 £1,816 13
2013£183,094 £2,401 9
2012£201,429 £1,646 7
2011£185,200 £1,766 5
2010£186,857 £1,543 7
2009£213,124 £1,802 7
2008£178,875 £1,277 8
2007£208,723 £1,710 13
2006£137,688 £1,744 13
2005£162,714 £1,716 7
2004£172,250 £1,324 6
2003£136,289 £1,285 19
2002£126,977 £1,081 13
2001£115,357 £957 7
2000£60,182 £640 11
1999£70,286 £745 7
1998£79,358 £672 12
1997£64,786 £637 7
1996£68,154 £657 12
1995£60,700 £482 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£614,514 £3,591 7
2022£611,600 £3,774 5
2021£622,450 £3,463 10
2020£484,125 £3,084 8
2019£537,500 £3,900 4
2018£458,925 £3,529 6
2017£523,938 £2,741 8
2016£568,700 £3,023 5
2015£487,850 £2,646 7
2014£389,375 £2,707 4
2013£530,571 £2,464 7
2012£446,397 £2,706 9
2011£466,667 £1,969 3
2010£275,000 £3,126 1
2009£385,190 £2,639 5
2008£360,0001
2007£398,000 £2,953 5
2006£301,744 £2,037 8
2005£310,119 £2,028 8
2004£255,375 £1,535 8
2003£385,000 £1,907 8
2002£312,500 £1,337 2
2001£308,292 £1,593 6
2000£228,333 £1,185 9
1999£177,400 £848 7
1998£180,431 £917 8
1997£147,462 £793 13
1996£183,350 £930 10
1995£147,417 £485 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£365,0002
2019£449,9501
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
2007£165,000 £2,292 1
2002£85,000 £1,181 1
1999£58,000 £806 1

House Type in NE16 4RR area

The most common house types in the NE16 4RR 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 4RR 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