Housing Market Analysis for PARK DRIVE, NE16 4SP

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £184,495 median price is £182,975 Standard Deviation is £41,905 with Total Sold: 12
    • The Last 5 Year average price is £220,750 with Total Sold: 4
    • The most recent sale happened at this postcode is 12 PARK DRIVE: £265,000 (Sold on 17 Jul 2023)
    • The first recorded sale happened at this postcode is 10 PARK DRIVE: £240,000 (Sold on 17 Nov 2023)
  • Terraced
    • The average price is around £166,550 median price is £179,950 Standard Deviation is £56,250 with Total Sold: 7
    • The Last 5 Year average price is £245,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 9 PARK DRIVE: £245,000 (Sold on 06 Feb 2020)
    • The first recorded sale happened at this postcode is 2 PARK DRIVE: £75,000 (Sold on 10 Apr 1996)
  • Detached
    • The average price is around £72,000 median price is £72,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 PARK DRIVE: £72,000 (Sold on 30 May 1997)
    • The first recorded sale happened at this postcode is 13 PARK DRIVE: £72,000 (Sold on 30 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 4SP 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
2023£252,500 £2,284 2
2019£189,000 £1,931 2
2018£170,998 £1,859 2
2016£214,000 £2,449 1
2013£176,000 £2,014 1
2006£189,950 £1,638 1
2005£152,000 £1,310 2
2002£105,000 £1,193 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£245,000 £2,149 1
2012£179,950 £2,045 1
2006£190,300 £2,019 3
2000£95,000 £1,080 1
1996£75,000 £852 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£72,000 £947 1

All the Sales in the PARK DRIVE, NE16 4SP

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

AddressSold DatePrice% Change
12 PARK DRIVESemi-Detached, FreeholdArea: 116 Sq.mtrAge: 1930-194917 Jul 2023£265,00039.51%
11 Aug 2006£189,95019.47%
16 May 2005£159,0009.66%
13 Jan 2005£145,000First Sale
9 PARK DRIVETerraced, FreeholdArea: 114 Sq.mtrAge: 1930-194906 Feb 2020£245,00022.53%
21 Dec 2006£199,950First Sale
15 PARK DRIVESemi-Detached, Freehold20 Dec 2019£210,000First Sale
8 PARK DRIVESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1930-194923 Oct 2019£168,000First Sale
5 PARK DRIVESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-196613 Jul 2018£189,99525.00%
27 Apr 2018£152,000First Sale
1 PARK DRIVESemi-Detached, FreeholdArea: 87.4 Sq.mtrAge: 1950-196622 Apr 2016£214,00021.59%
30 Aug 2013£176,000First Sale
11 PARK DRIVETerraced, FreeholdArea: 88 Sq.mtrAge: 1950-196614 Aug 2012£179,95071.38%
15 Jul 2002£105,000First Sale
2 PARK DRIVETerraced, FreeholdArea: 88 Sq.mtrAge: 1930-194907 Nov 2006£201,000111.58%
15 Jun 2000£95,00026.67%
10 Apr 1996£75,000First Sale
3 PARK DRIVETerraced, Freehold28 Jul 2006£169,950First Sale
13 PARK DRIVEDetached, FreeholdArea: 76 Sq.mtrAge: 1950-196630 May 1997£72,000First Sale
10 PARK DRIVESemi-Detached, Freehold17 Nov 2023£240,000First Sale

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

PARK DRIVE, NE16 4SP Near By properties

Interactive Map

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

  • Flat
    • The average price is around £110,668 median price is £102,250 Standard Deviation is £54,070 with Total Sold: 260
    • The Last 5 Year average price is £103,637 with Total Sold: 48
    • The most recent sale happened at this postcode is , 20 DEANS CLOSE: £75,750 (Sold on 27 Sep 2024)
    • The first recorded sale happened at this postcode is , 15 DEANS CLOSE: £41,125 (Sold on 20 Feb 1995)
  • Semi-Detached
    • The average price is around £134,320 median price is £124,000 Standard Deviation is £73,968 with Total Sold: 829
    • The Last 5 Year average price is £194,080 with Total Sold: 152
    • The most recent sale happened at this postcode is , 11 MORRIS ROAD: £120,000 (Sold on 09 Sep 2024)
    • The first recorded sale happened at this postcode is , 37 ALEXANDRA DRIVE: £55,250 (Sold on 17 Feb 1995)
  • Terraced
    • The average price is around £142,195 median price is £121,750 Standard Deviation is £89,234 with Total Sold: 446
    • The Last 5 Year average price is £200,862 with Total Sold: 74
    • The most recent sale happened at this postcode is , 53 CHERRYTREE DRIVE: £302,000 (Sold on 03 Jul 2024)
    • The first recorded sale happened at this postcode is , 22 CHURCH RISE: £59,950 (Sold on 05 Jan 1995)
  • Other
    • The average price is around £479,766 median price is £232,200 Standard Deviation is £608,051 with Total Sold: 26
    • The Last 5 Year average price is £427,568 with Total Sold: 10
    • The most recent sale happened at this postcode is , 5 CONISTON AVENUE: £386,000 (Sold on 27 Mar 2024)
    • The first recorded sale happened at this postcode is , GATESHEAD METROPOLITAN BOROUGH COUNCIL FRONT STREET: £550,000 (Sold on 30 Aug 2013)
  • Detached
    • The average price is around £260,753 median price is £214,500 Standard Deviation is £157,372 with Total Sold: 314
    • The Last 5 Year average price is £423,689 with Total Sold: 40
    • The most recent sale happened at this postcode is , 1 WHICKHAM PARK: £820,000 (Sold on 02 Feb 2024)
    • The first recorded sale happened at this postcode is , 13 MILLFIELD ROAD: £180,000 (Sold on 13 Jan 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£102,850 £2,011 5
2023£108,704 £1,977 12
2022£88,712 £1,878 8
2021£113,636 £1,996 10
2020£96,075 £1,998 6
2019£104,764 £1,941 7
2018£95,643 £1,959 7
2017£124,681 £2,406 8
2016£113,250 £2,086 8
2015£95,550 £1,907 8
2014£82,667 £1,630 3
2013£104,779 £1,582 7
2012£59,850 £1,263 10
2011£93,953 £1,708 9
2010£113,938 £2,313 8
2009£146,650 £2,437 3
2008£64,000 £1,531 2
2007£169,688 £2,763 8
2006£162,968 £3,137 11
2005£169,804 £2,992 15
2004£148,739 £2,725 18
2003£147,767 £2,749 36
2002£60,870 £1,047 10
2001£59,421 £965 7
2000£42,440 £806 5
1999£128,880 £759 5
1998£41,328 £794 9
1997£32,300 £688 5
1996£48,400 £652 7
1995£36,375 £747 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£219,000 £2,038 15
2023£200,045 £2,152 20
2022£186,435 £2,184 30
2021£187,765 £1,997 31
2020£202,024 £1,953 31
2019£181,512 £1,921 25
2018£147,466 £1,700 31
2017£154,943 £1,719 39
2016£153,904 £1,672 36
2015£147,052 £1,573 28
2014£131,532 £1,521 30
2013£153,702 £1,695 28
2012£158,737 £1,519 23
2011£140,705 £1,612 18
2010£157,627 £1,727 35
2009£146,012 £1,500 17
2008£174,732 £1,605 15
2007£154,559 £1,649 54
2006£147,445 £1,584 29
2005£137,297 £1,373 29
2004£144,866 £1,467 19
2003£100,374 £1,133 33
2002£93,233 £980 33
2001£75,374 £755 30
2000£62,202 £707 23
1999£55,500 £536 28
1998£56,145 £585 35
1997£57,306 £651 28
1996£55,172 £573 23
1995£53,511 £643 13
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£236,250 £2,135 6
2023£241,207 £2,463 7
2022£188,000 £2,255 17
2021£225,800 £2,139 10
2020£182,045 £2,132 11
2019£187,015 £2,109 23
2018£174,137 £1,830 21
2017£195,688 £1,881 16
2016£212,203 £1,690 17
2015£184,450 £2,246 11
2014£246,983 £2,085 6
2013£211,362 £1,942 8
2012£203,238 £1,791 13
2011£130,800 £1,539 15
2010£157,030 £1,746 15
2009£142,063 £1,675 15
2008£161,778 £1,715 9
2007£157,314 £1,828 22
2006£155,960 £1,876 29
2005£154,028 £1,563 7
2004£125,375 £1,590 12
2003£122,727 £1,537 13
2002£92,011 £1,012 19
2001£84,962 £894 21
2000£77,315 £757 23
1999£66,935 £763 13
1998£61,297 £721 26
1997£64,681 £627 16
1996£67,606 £720 9
1995£51,991 £730 16
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£386,000 £2,902 1
2023£307,500 £1,910 2
2021£99,9991
2020£264,8433
2019£793,3833
2018£338,6673
2017£377,807 £613 6
2016£727,565 £2,024 6
2013£550,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£820,0001
2023£471,622 £3,670 9
2022£430,306 £2,915 8
2021£368,150 £2,813 10
2020£341,000 £2,879 5
2019£436,286 £2,709 7
2018£262,000 £2,527 5
2017£247,439 £2,284 9
2016£359,459 £2,527 12
2015£349,389 £2,270 14
2014£323,661 £2,342 9
2013£338,883 £2,281 9
2012£311,900 £2,089 5
2011£370,500 £2,090 6
2010£281,000 £2,491 3
2009£370,112 £2,382 8
2008£324,312 £2,503 8
2007£338,200 £2,214 10
2006£316,881 £2,329 13
2005£304,595 £2,062 10
2004£194,660 £1,492 15
2003£285,038 £1,768 13
2002£198,782 £1,383 14
2001£214,688 £891 8
2000£174,606 £930 9
1999£153,876 £1,010 27
1998£130,136 £931 43
1997£133,350 £799 10
1996£126,779 £554 7
1995£118,143 £485 7

House Type in NE16 4SP area

The most common house types in the NE16 4SP postcode area are Semi-detached (73), Detached (38), and Flat (11).

Total125
Semi-detached73
Detached38
Flat11
Terraced1
Shared house1
converted building1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (66), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright66
Owned: Owns with a mortgage or loan33
Private rented: Private landlord or letting agency19
Private rented: Other private rented4
Social rented: Rents from council or Local Authority2
Shared ownership: Shared ownership1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE16 4SP have 2 people in household (49), and 1 person in household (42).

2 people in household49
1 person in household42
3 people in household22
4 people in household13
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0