Housing Market Analysis for MARKET LANE, NE16 4TJ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £171,000 median price is £171,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is THE LODGE MARKET LANE: £171,000 (Sold on 16 May 2014)
    • The first recorded sale happened at this postcode is THE LODGE MARKET LANE: £171,000 (Sold on 16 May 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 4TJ 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
2014£171,0001

All the Sales in the MARKET LANE, NE16 4TJ

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

AddressSold DatePrice% Change
THE LODGE MARKET LANEDetached, Freehold16 May 2014£171,000First Sale

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

MARKET LANE, NE16 4TJ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £150,514 median price is £155,000 Standard Deviation is £69,513 with Total Sold: 429
    • The Last 5 Year average price is £207,710 with Total Sold: 82
    • The most recent sale happened at this postcode is , 17 CHERRYTREE DRIVE: £294,000 (Sold on 26 Jul 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 £148,788 median price is £155,000 Standard Deviation is £66,234 with Total Sold: 138
    • The Last 5 Year average price is £218,659 with Total Sold: 22
    • 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)
  • Detached
    • The average price is around £227,040 median price is £185,000 Standard Deviation is £133,015 with Total Sold: 225
    • The Last 5 Year average price is £409,171 with Total Sold: 26
    • 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 , 30 DUCKPOOL LANE NORTH: £130,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £91,394 median price is £79,000 Standard Deviation is £65,555 with Total Sold: 8
    • The Last 5 Year average price is £90,075 with Total Sold: 2
    • The most recent sale happened at this postcode is , 29 LUMLEY AVENUE: £170,000 (Sold on 21 Apr 2023)
    • The first recorded sale happened at this postcode is , 28 ASHFIELD PARK: £11,000 (Sold on 25 Oct 2016)
  • Flat
    • The average price is around £93,885 median price is £69,000 Standard Deviation is £62,784 with Total Sold: 20
    • The Last 5 Year average price is £84,700 with Total Sold: 1
    • The most recent sale happened at this postcode is , 21 COALWAY LANE: £84,700 (Sold on 02 Nov 2022)
    • The first recorded sale happened at this postcode is , 9 COALWAY LANE: £35,000 (Sold on 24 Apr 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£243,778 £2,662 9
2023£225,500 £2,105 10
2022£217,250 £2,552 10
2021£206,000 £2,093 18
2020£194,776 £1,959 19
2019£187,625 £1,955 16
2018£165,926 £1,897 15
2017£162,031 £1,871 16
2016£185,732 £1,861 19
2015£179,197 £1,742 15
2014£156,814 £1,815 11
2013£165,885 £1,725 20
2012£185,500 £1,612 13
2011£162,495 £1,631 11
2010£166,474 £1,715 21
2009£155,688 £1,639 8
2008£184,893 £1,626 9
2007£186,369 £1,772 24
2006£183,730 £1,624 15
2005£167,588 £1,431 16
2004£174,312 £1,560 8
2003£117,038 £1,108 12
2002£113,400 £1,129 15
2001£74,223 £753 16
2000£73,904 £756 13
1999£58,257 £402 15
1998£57,859 £644 17
1997£58,166 £612 20
1996£54,306 £475 8
1995£57,920 £661 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£244,0003
2023£250,000 £2,557 2
2022£261,667 £2,638 3
2021£232,667 £2,882 3
2020£189,500 £2,031 4
2019£191,071 £2,264 7
2018£185,000 £1,930 4
2017£165,500 £1,809 6
2016£159,575 £1,649 6
2015£168,000 £2,063 3
2014£174,950 £2,083 1
2013£161,475 £2,001 2
2012£211,490 £1,758 5
2011£133,571 £1,704 7
2010£162,064 £1,756 7
2009£162,583 £1,942 6
2008£188,333 £2,068 3
2007£178,389 £1,843 9
2006£197,156 £2,019 9
2005£168,000 £1,663 1
2004£170,5002
2003£107,488 £1,431 4
2002£98,719 £1,077 8
2001£91,492 £1,329 6
2000£82,000 £1,188 4
1998£69,288 £806 4
1997£58,106 £610 9
1996£66,700 £775 5
1995£48,657 £732 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£820,0001
2023£512,000 £3,869 4
2022£452,493 £2,961 7
2021£334,800 £2,379 5
2020£313,750 £2,712 4
2019£334,800 £2,316 5
2018£231,250 £2,649 4
2017£241,158 £2,295 6
2016£285,945 £2,416 8
2015£254,143 £2,207 7
2014£311,619 £2,392 8
2013£282,492 £2,283 6
2012£244,875 £1,848 4
2011£248,000 £2,772 1
2010£226,667 £2,127 3
2009£379,988 £2,637 4
2008£319,214 £2,503 7
2007£335,444 £2,177 9
2006£297,421 £2,399 7
2005£278,500 £1,981 4
2004£170,590 £1,526 10
2003£272,562 £1,760 8
2002£198,304 £1,383 13
2001£143,000 £137 6
2000£120,279 £809 7
1999£139,847 £1,084 22
1998£127,167 £931 41
1997£115,400 £842 5
1996£80,600 £484 4
1995£117,6005
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£170,000 £1,910 1
2019£10,1501
2018£75,0001
2017£62,500 £342 2
2016£117,000 £2,024 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£84,700 £1,486 1
2017£81,000 £1,588 1
2016£157,000 £1,938 1
2013£66,500 £1,330 1
2012£70,000 £1,365 1
2010£85,000 £1,706 1
2005£165,000 £1,241 1
2003£291,000 £1,508 1
2002£71,033 £1,164 3
2001£51,500 £1,004 1
2000£43,000 £754 1
1999£168,9502
1998£43,500 £873 1
1997£34,000 £663 1
1996£59,750 £668 2
1995£35,000 £702 1

House Type in NE16 4TJ area

The most common house types in the NE16 4TJ postcode area are Flat (49), Terraced (27), and Shared house (19).

Total118
Flat49
Terraced27
Shared house19
Semi-detached11
Detached9
converted building3
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (41), and Owned: Owns outright (25).

Private rented: Private landlord or letting agency41
Owned: Owns outright25
Social rented: Other social rented25
Owned: Owns with a mortgage or loan24
Social rented: Rents from council or Local Authority3
Private rented: Other private rented2
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the NE16 4TJ have 1 person in household (62), and 2 people in household (39).

1 person in household62
2 people in household39
3 people in household11
4 people in household3
7 people in household1
0 people in household0
5 people in household0
6 people in household0
8 or more people in household0