Housing Market Analysis for GRANGE LANE, NE16 5AE

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £238,214 median price is £195,000 Standard Deviation is £101,686 with Total Sold: 7
    • The Last 5 Year average price is £393,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 24 GRANGE LANE: £410,000 (Sold on 01 Mar 2023)
    • The first recorded sale happened at this postcode is 26 GRANGE LANE: £159,000 (Sold on 27 Feb 2009)
  • Detached
    • The average price is around £413,750 median price is £382,500 Standard Deviation is £131,167 with Total Sold: 4
    • The most recent sale happened at this postcode is 16A GRANGE LANE: £265,000 (Sold on 27 Oct 2017)
    • The first recorded sale happened at this postcode is 30 GRANGE LANE: £375,000 (Sold on 11 Mar 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5AE 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£410,000 £3,694 1
2022£377,000 £2,674 1
2018£155,750 £1,403 2
2015£215,000 £1,525 1
2011£195,000 £1,383 1
2009£159,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£265,000 £2,732 1
2012£625,000 £3,502 1
2007£390,000 £2,185 1
2004£375,000 £2,101 1

All the Sales in the GRANGE LANE, NE16 5AE

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

AddressSold DatePrice% Change
24 GRANGE LANESemi-Detached, FreeholdArea: 111 Sq.mtrAge: 1950-196601 Mar 2023£410,000125.90%
17 May 2018£181,50039.62%
28 Mar 2018£130,000First Sale
22 GRANGE LANESemi-Detached, FreeholdArea: 141 Sq.mtrAge: 1950-196604 Nov 2022£377,00075.35%
09 Jan 2015£215,00010.26%
16 Sep 2011£195,000First Sale
16A GRANGE LANEDetached, FreeholdArea: 97 Sq.mtrAge: 1950-196627 Oct 2017£265,000First Sale
30 GRANGE LANEDetached, FreeholdArea: 178.49 Sq.mtrAge: before 190027 Apr 2012£625,00060.26%
22 Mar 2007£390,0004.00%
11 Mar 2004£375,000First Sale
26 GRANGE LANESemi-Detached, Freehold27 Feb 2009£159,000First Sale

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

GRANGE LANE, NE16 5AE Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £164,424 median price is £169,950 Standard Deviation is £75,489 with Total Sold: 848
    • The Last 5 Year average price is £244,081 with Total Sold: 165
    • 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 £268,690 median price is £247,000 Standard Deviation is £142,216 with Total Sold: 323
    • The Last 5 Year average price is £390,091 with Total Sold: 66
    • 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 £161,769 median price is £165,000 Standard Deviation is £73,142 with Total Sold: 336
    • The Last 5 Year average price is £244,421 with Total Sold: 51
    • 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 £124,264 median price is £119,450 Standard Deviation is £66,906 with Total Sold: 87
    • 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 , 3 SOUTH VIEW TERRACE: £10,000 (Sold on 05 May 1995)
  • Other
    • The average price is around £155,233 median price is £145,000 Standard Deviation is £102,286 with Total Sold: 9
    • The Last 5 Year average price is £126,183 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£244,028 £2,899 18
2023£262,186 £3,248 32
2022£274,193 £2,990 27
2021£241,465 £2,759 36
2020£231,056 £2,594 26
2019£207,210 £2,589 26
2018£218,274 £2,352 29
2017£210,489 £2,490 27
2016£189,433 £2,389 33
2015£200,175 £2,340 30
2014£200,085 £2,140 34
2013£185,684 £2,099 28
2012£195,630 £2,160 15
2011£176,339 £2,191 19
2010£184,945 £2,115 19
2009£178,138 £2,077 19
2008£172,269 £2,198 12
2007£202,666 £2,157 35
2006£192,732 £2,217 28
2005£168,389 £1,998 28
2004£174,097 £2,024 19
2003£153,066 £1,659 32
2002£118,491 £1,326 39
2001£91,752 £1,234 27
2000£89,141 £1,018 34
1999£74,848 £859 42
1998£69,392 £878 37
1997£63,324 £796 29
1996£69,211 £705 44
1995£62,635 £729 24
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£352,900 £3,392 5
2023£356,250 £3,273 4
2022£353,650 £3,230 10
2021£473,245 £3,215 20
2020£367,500 £2,907 9
2019£347,089 £2,860 18
2018£317,872 £2,690 16
2017£331,192 £2,596 13
2016£285,925 £2,514 8
2015£301,986 £2,451 7
2014£296,772 £2,590 9
2013£355,425 £2,337 10
2012£266,744 £2,518 8
2011£257,090 £2,416 5
2010£292,681 £2,552 8
2009£240,909 £2,017 11
2008£274,250 £2,131 6
2007£258,930 £2,281 22
2006£278,889 £2,323 14
2005£292,150 £2,408 19
2004£228,056 £1,869 17
2003£244,925 £1,767 12
2002£169,311 £1,380 14
2001£145,100 £1,141 5
2000£127,333 £1,180 9
1999£121,000 £960 5
1998£106,705 £865 11
1997£113,900 £889 10
1996£90,867 £785 9
1995£113,472 £760 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£248,500 £2,857 5
2023£287,722 £2,912 9
2022£263,599 £2,834 9
2021£232,154 £2,595 13
2020£197,433 £2,415 6
2019£228,722 £2,479 9
2018£222,328 £2,491 9
2017£203,900 £2,456 5
2016£193,500 £1,973 5
2015£222,186 £2,288 11
2014£234,718 £1,844 11
2013£177,378 £1,861 15
2012£174,750 £1,895 8
2011£182,917 £1,760 18
2010£184,389 £2,012 9
2009£175,927 £2,086 13
2008£170,571 £1,903 7
2007£208,346 £2,259 13
2006£182,808 £2,206 20
2005£173,855 £2,040 11
2004£173,250 £2,349 6
2003£148,301 £1,586 19
2002£106,942 £1,170 13
2001£93,250 £843 12
2000£81,340 £976 10
1999£83,334 £943 13
1998£72,886 £850 11
1997£68,305 £615 21
1996£60,855 £637 11
1995£66,964 £771 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£143,3333
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£95,750 £1,532 2
2012£105,500 £1,521 3
2011£114,000 £1,752 2
2010£164,125 £2,226 4
2009£124,333 £1,877 3
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£185,371 £2,461 12
2002£73,750 £1,045 2
2001£74,988 £1,006 4
2000£59,667 £1,023 3
1999£54,000 £877 1
1998£47,490 £590 5
1997£49,250 £810 2
1996£50,000 £675 4
1995£35,667 £511 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,0001
2023£179,000 £2,296 2
2022£1,500 £25 1
2021£280,000 £2,222 1
2019£2,600 £38 1
2018£247,500 £2,411 2
2015£145,0001

House Type in NE16 5AE area

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

Total135
Semi-detached58
Detached56
Flat21
Terraced0
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 outright (89), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright89
Owned: Owns with a mortgage or loan33
Private rented: Private landlord or letting agency11
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NE16 5AE have 2 people in household (64), and 1 person in household (42).

2 people in household64
1 person in household42
4 people in household16
3 people in household11
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0