Housing Market Analysis for GRANGE LANE, NE16 5AD

Are you looking to understand NE16 5AD 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 5AD area, explore the NE16 5AD Area information page.
For comprehensive crime statistics in the NE16 5AD area, explore the NE16 5AD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE16 5AD postcode area, The average prices are as follows,

Detached
- The average price is around £335,905 median price is £379,950 Standard Deviation is £96,642 with Total Sold: 11
- The Last 5 Year average price is £380,000 with Total Sold: 5
- The most recent sale happened at this postcode is SOUTH VIEW GRANGE LANE: £270,000 (Sold on 27 Jun 2022)
- The first recorded sale happened at this postcode is 12 GRANGE LANE: £115,000 (Sold on 03 Oct 1997)
Semi-Detached
- The average price is around £178,623 median price is £162,500 Standard Deviation is £85,993 with Total Sold: 24
- The Last 5 Year average price is £264,300 with Total Sold: 5
- The most recent sale happened at this postcode is 19 GRANGE LANE: £262,500 (Sold on 11 Apr 2022)
- The first recorded sale happened at this postcode is 1 GRANGE LANE: £300,000 (Sold on 08 Aug 2024)
Terraced
- The average price is around £91,325 median price is £91,325 Standard Deviation is £36,325 with Total Sold: 2
- The most recent sale happened at this postcode is 33 GRANGE LANE: £127,650 (Sold on 02 Sep 2009)
- The first recorded sale happened at this postcode is 31 GRANGE LANE: £55,000 (Sold on 20 Jan 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5AD 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£270,000		1
2021	£417,500	£4,022	2
2019	£397,500	£3,565	2
2017	£435,000	£2,843	1
2014	£379,950	£2,483	1
2008	£252,500		2
2003	£360,000		1
1997	£115,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£262,500	£3,310	1
2021	£197,000	£2,494	2
2019	£365,000	£2,483	1
2018	£150,000	£1,569	1
2017	£288,500	£1,904	2
2016	£165,000	£2,081	1
2014	£199,000	£1,720	3
2012	£180,000	£1,883	1
2011	£125,000	£1,576	1
2005	£145,000		2
2003	£140,000	£1,398	2
2002	£112,500	£922	1
2001	£82,950		1
2000	£220,000		1
1998	£64,000	£529	1
1996	£65,500	£537	1
1995	£56,500		1
2024	£300,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2009	£127,650	£1,880	1
1997	£55,000		1

All the Sales in the GRANGE LANE, NE16 5AD

See the table below for more details on the sold house prices in the NE16 5AD, Gateshead postcode.

Address	Sold Date	Price	% Change
SOUTH VIEW GRANGE LANEDetached, Freehold	27 Jun 2022	£270,000	20.00%
SOUTH VIEW GRANGE LANEDetached, Freehold	23 Oct 2008	£225,000	First Sale
19 GRANGE LANESemi-Detached, FreeholdArea: 79.3 Sq.mtrAge: 1900-1929	11 Apr 2022	£262,500	59.09%
	29 Apr 2016	£165,000	32.00%
	09 Sep 2011	£125,000	First Sale
7 GRANGE LANESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1950-1966	17 Sep 2021	£249,000	71.72%
	25 Feb 2021	£145,000	First Sale
4 GRANGE LANEDetached, FreeholdArea: 115 Sq.mtrAge: 1930-1949	10 Jun 2021	£435,000	6.10%
	12 Apr 2019	£410,000	First Sale
10 GRANGE LANEDetached, FreeholdArea: 93.87 Sq.mtrAge: 1950-1966	27 Apr 2021	£400,000	First Sale
27 GRANGE LANESemi-Detached, FreeholdArea: 147 Sq.mtrAge: before 1900	06 Sep 2019	£365,000	First Sale
6 GRANGE LANEDetached, FreeholdArea: 108 Sq.mtrAge: 1930-1949	07 Mar 2019	£385,000	First Sale
21 GRANGE LANESemi-Detached, FreeholdArea: 95.6 Sq.mtrAge: 1900-1929	18 May 2018	£150,000	-17.58%
	27 Oct 2017	£182,000	1.11%
	20 Apr 2012	£180,000	12.50%
	28 Mar 2003	£160,000	First Sale
27A GRANGE LANEDetached, FreeholdArea: 153 Sq.mtrAge: 1996-2002	13 Sep 2017	£435,000	14.49%
	14 Nov 2014	£379,950	First Sale
25 GRANGE LANESemi-Detached, Freehold	08 Feb 2017	£395,000	First Sale
17 GRANGE LANESemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1900-1929	28 Aug 2014	£220,000	83.33%
	12 Jun 2003	£120,000	First Sale
9 GRANGE LANESemi-Detached, FreeholdArea: 122 Sq.mtrAge: 1930-1949	27 Aug 2014	£195,000	73.33%
	20 Jun 2002	£112,500	71.76%
	20 Sep 1996	£65,500	First Sale
1 GRANGE LANESemi-Detached, FreeholdArea: 121 Sq.mtrAge: 1930-1949	14 Feb 2014	£182,000	184.38%
	15 May 1998	£64,000	-78.67%
	08 Aug 2024	£300,000	First Sale
33 GRANGE LANETerraced, FreeholdArea: 67.9 Sq.mtrAge: 1900-1929	02 Sep 2009	£127,650	First Sale
39 GRANGE LANEDetached, Freehold	19 Sep 2008	£280,000	First Sale
23 GRANGE LANESemi-Detached, Freehold	30 Sep 2005	£150,000	First Sale
13 GRANGE LANESemi-Detached, Freehold	26 Aug 2005	£140,000	First Sale
12 GRANGE LANEDetached, Freehold	31 Oct 2003	£360,000	213.04%
12 GRANGE LANEDetached, Freehold	03 Oct 1997	£115,000	First Sale
5 GRANGE LANESemi-Detached, Freehold	23 Jul 2001	£82,950	46.81%
5 GRANGE LANESemi-Detached, Freehold	29 Sep 1995	£56,500	First Sale
15 GRANGE LANESemi-Detached, Freehold	27 Oct 2000	£220,000	First Sale
31 GRANGE LANETerraced, Freehold	20 Jan 1997	£55,000	First Sale

Check out the sold house prices near the NE16 5AD postcode. Properties currently for saleProperties currently for rent

GRANGE LANE, NE16 5AD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE16 5AD 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 5AD postcode.

Semi-Detached
- The average price is around £165,981 median price is £169,950 Standard Deviation is £78,110 with Total Sold: 707
- The Last 5 Year average price is £248,210 with Total Sold: 142
- The most recent sale happened at this postcode is , 2 NAPIER COURT: £135,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 51 WARWICK AVENUE: £60,000 (Sold on 24 Feb 1995)
Detached
- The average price is around £276,070 median price is £250,000 Standard Deviation is £146,057 with Total Sold: 298
- The Last 5 Year average price is £395,964 with Total Sold: 63
- The most recent sale happened at this postcode is , 4 BIRCHWOOD AVENUE: £207,500 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 58 GRANGE LANE: £179,000 (Sold on 24 Feb 1995)
Terraced
- The average price is around £164,132 median price is £167,000 Standard Deviation is £73,270 with Total Sold: 285
- The Last 5 Year average price is £246,548 with Total Sold: 41
- The most recent sale happened at this postcode is , 25 THORNLEY CLOSE: £260,000 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 28 ASHFIELD ROAD: £71,000 (Sold on 19 May 1995)
Flat
- The average price is around £130,467 median price is £124,500 Standard Deviation is £66,463 with Total Sold: 77
- The Last 5 Year average price is £151,362 with Total Sold: 13
- The most recent sale happened at this postcode is , 16 NAPIER COURT: £127,000 (Sold on 23 May 2024)
- The first recorded sale happened at this postcode is , 6 NAPIER COURT: £56,000 (Sold on 31 Aug 1995)
Other
- The average price is around £204,939 median price is £195,000 Standard Deviation is £122,695 with Total Sold: 9
- The Last 5 Year average price is £200,742 with Total Sold: 6
- The most recent sale happened at this postcode is , 96 OAKFIELD ROAD: £115,000 (Sold on 02 Feb 2024)
- The first recorded sale happened at this postcode is , 96 OAKFIELD ROAD: £145,000 (Sold on 22 May 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£247,679	£2,899	14
2023	£269,190	£3,272	26
2022	£278,528	£2,999	25
2021	£238,316	£2,759	34
2020	£246,684	£2,662	19
2019	£209,435	£2,592	24
2018	£218,239	£2,315	23
2017	£215,988	£2,462	20
2016	£190,345	£2,433	30
2015	£206,410	£2,371	25
2014	£201,367	£2,082	27
2013	£185,034	£2,113	22
2012	£196,115	£2,166	13
2011	£181,923	£2,064	13
2010	£190,567	£2,024	15
2009	£180,569	£2,003	17
2008	£185,494	£2,364	8
2007	£203,573	£2,113	32
2006	£197,913	£2,212	23
2005	£163,907	£1,953	22
2004	£169,459	£1,995	16
2003	£152,255	£1,699	28
2002	£118,938	£1,307	33
2001	£90,361	£1,271	19
2000	£88,993	£1,032	29
1999	£72,989	£850	31
1998	£69,100	£888	35
1997	£63,736	£780	25
1996	£68,633	£700	40
1995	£61,545	£700	19

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£381,125	£3,392	4
2023	£350,000	£3,465	3
2022	£353,650	£3,230	10
2021	£480,771	£3,236	19
2020	£380,750	£2,941	10
2019	£346,624	£2,858	17
2018	£326,897	£2,691	15
2017	£331,192	£2,596	13
2016	£285,925	£2,514	8
2015	£310,658	£2,451	6
2014	£300,744	£2,636	8
2013	£400,781	£2,343	8
2012	£284,000	£2,656	6
2011	£257,090	£2,416	5
2010	£292,681	£2,552	8
2009	£261,875	£2,076	8
2008	£274,250	£2,131	6
2007	£261,287	£2,301	19
2006	£290,788	£2,382	12
2005	£298,158	£2,399	18
2004	£253,600	£1,838	15
2003	£250,827	£1,767	11
2002	£169,311	£1,380	14
2001	£175,700	£1,141	5
2000	£138,500	£1,180	7
1999	£121,000	£960	5
1998	£106,705	£865	11
1997	£113,900	£889	10
1996	£92,250	£794	8
1995	£113,472	£760	9

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£248,500	£2,857	5
2023	£305,643	£3,104	7
2022	£267,231	£2,822	6
2021	£226,500	£2,637	12
2020	£189,320	£2,417	5
2019	£243,083	£2,420	6
2018	£222,328	£2,491	9
2017	£203,900	£2,456	5
2016	£219,375	£2,205	4
2015	£222,186	£2,288	11
2014	£234,718	£1,844	11
2013	£171,310	£1,877	12
2012	£176,143	£1,909	7
2011	£185,300	£1,710	15
2010	£188,688	£2,034	8
2009	£170,254	£2,086	12
2008	£170,571	£1,903	7
2007	£204,136	£2,301	11
2006	£187,762	£2,193	16
2005	£169,161	£2,040	9
2004	£173,250	£2,349	6
2003	£147,557	£1,586	17
2002	£106,225	£1,068	10
2001	£92,505	£843	10
2000	£85,175	£957	8
1999	£82,783	£943	12
1998	£70,500	£869	6
1997	£68,581	£620	18
1996	£57,914	£634	7
1995	£68,115	£800	13

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£143,333		3
2023	£185,000	£2,137	3
2022	£123,750	£2,031	2
2021	£134,550	£2,067	4
2020	£197,000	£2,526	1
2018	£151,000	£2,542	2
2017	£125,000	£1,761	1
2016	£117,000	£1,814	4
2015	£133,000	£2,145	1
2014	£96,500	£1,556	1
2013	£102,000	£1,688	1
2012	£105,500	£1,521	3
2011	£114,000	£1,752	2
2010	£189,500	£2,631	3
2009	£132,000	£2,219	2
2008	£133,625	£1,332	4
2007	£205,190	£2,183	5
2006	£140,000	£1,973	2
2005	£141,238	£1,956	4
2004	£192,445	£2,726	10
2002	£89,000	£1,266	1
2001	£76,650	£935	3
2000	£59,667	£1,023	3
1999	£54,000	£877	1
1998	£56,862	£734	4
1997	£49,250	£810	2
1996	£56,667	£675	3
1995	£48,500	£862	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£115,000		1
2023	£179,000	£2,296	2
2022	£1,500	£25	1
2021	£280,000	£2,222	1
2019	£449,950		1
2018	£247,500	£2,411	2
2015	£145,000		1

House Type in NE16 5AD area

The most common house types in the NE16 5AD postcode area are Semi-detached (58), Detached (56), and Flat (21).

Total	135
Semi-detached	58
Detached	56
Flat	21
Terraced	0
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 (89), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright	89
Owned: Owns with a mortgage or loan	33
Private rented: Private landlord or letting agency	11
Social rented: Other social rented	1
Private rented: Other private 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 5AD have 2 people in household (64), and 1 person in household (42).

2 people in household	64
1 person in household	42
4 people in household	16
3 people in household	11
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0