Housing Market Analysis for WESTACRES AVENUE, NE16 5AG

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £182,700 median price is £193,000 Standard Deviation is £91,997 with Total Sold: 10
- The Last 5 Year average price is £326,250 with Total Sold: 2
- The most recent sale happened at this postcode is 6 WESTACRES AVENUE: £322,500 (Sold on 23 Oct 2023)
- The first recorded sale happened at this postcode is 9 WESTACRES AVENUE: £71,000 (Sold on 23 May 1995)
Detached
- The average price is around £214,532 median price is £245,000 Standard Deviation is £78,541 with Total Sold: 14
- The Last 5 Year average price is £328,000 with Total Sold: 2
- The most recent sale happened at this postcode is 22 WESTACRES AVENUE: £360,000 (Sold on 04 Nov 2022)
- The first recorded sale happened at this postcode is 17 WESTACRES AVENUE: £80,000 (Sold on 15 Dec 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5AG 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£322,500	£3,624	1
2021	£330,000	£4,177	1
2017	£220,000	£2,857	1
2010	£230,000	£2,268	1
2005	£207,000	£2,326	1
2003	£179,000		1
2001	£102,000	£1,291	1
1998	£92,500		1
1995	£72,000	£924	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£328,000	£3,439	2
2017	£232,500	£2,713	2
2016	£250,000	£2,941	1
2012	£245,000	£3,485	1
2011	£249,950	£2,465	1
2010	£265,000	£2,606	1
2006	£250,000		1
2005	£207,000		1
2002	£130,500	£1,231	1
1999	£102,500	£1,103	2
1995	£80,000	£941	1

All the Sales in the WESTACRES AVENUE, NE16 5AG

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

Address	Sold Date	Price	% Change
6 WESTACRES AVENUESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1950-1966	23 Oct 2023	£322,500	55.80%
	07 Jul 2005	£207,000	First Sale
22 WESTACRES AVENUEDetached, FreeholdArea: 106 Sq.mtrAge: 1950-1966	04 Nov 2022	£360,000	175.86%
	25 Jul 2002	£130,500	First Sale
17 WESTACRES AVENUEDetached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	14 Jan 2022	£296,000	18.40%
	18 Feb 2016	£250,000	155.10%
	16 Jul 1999	£98,000	22.50%
	15 Dec 1995	£80,000	First Sale
27 WESTACRES AVENUESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1950-1966	28 May 2021	£330,000	223.53%
	05 Jan 2001	£102,000	39.73%
	24 Nov 1995	£73,000	First Sale
7 WESTACRES AVENUEDetached, FreeholdArea: 78 Sq.mtrAge: 1967-1975	19 Dec 2017	£220,000	First Sale
28 WESTACRES AVENUEDetached, FreeholdArea: 94 Sq.mtrAge: 1950-1966	30 Jun 2017	£245,000	First Sale
16 WESTACRES AVENUESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1967-1975	11 Apr 2017	£220,000	First Sale
2 WESTACRES AVENUEDetached, FreeholdArea: 70.3 Sq.mtrAge: 1950-1966	22 May 2012	£245,000	First Sale
24 WESTACRES AVENUEDetached, FreeholdArea: 101.39 Sq.mtr	23 Nov 2011	£249,950	8.67%
24 WESTACRES AVENUEDetached, FreeholdArea: 101.39 Sq.mtr	27 Jul 2010	£230,000	First Sale
1 WESTACRES AVENUEDetached, FreeholdArea: 101.7 Sq.mtrAge: 1950-1966	04 Aug 2010	£265,000	147.66%
	02 Aug 1999	£107,000	First Sale
4 WESTACRES AVENUEDetached, Freehold	22 Nov 2006	£250,000	20.77%
4 WESTACRES AVENUEDetached, Freehold	01 Jul 2005	£207,000	First Sale
8 WESTACRES AVENUESemi-Detached, Freehold	29 Aug 2003	£179,000	First Sale
18 WESTACRES AVENUESemi-Detached, Freehold	19 Jun 1998	£92,500	First Sale
9 WESTACRES AVENUESemi-Detached, Freehold	23 May 1995	£71,000	First Sale

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

WESTACRES AVENUE, NE16 5AG Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £163,781 median price is £168,500 Standard Deviation is £74,883 with Total Sold: 868
- The Last 5 Year average price is £243,412 with Total Sold: 167
- 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 £264,932 median price is £245,000 Standard Deviation is £140,138 with Total Sold: 328
- The Last 5 Year average price is £384,603 with Total Sold: 68
- 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 £162,812 median price is £167,000 Standard Deviation is £72,284 with Total Sold: 335
- The Last 5 Year average price is £245,114 with Total Sold: 48
- 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 £130,961 median price is £125,000 Standard Deviation is £65,688 with Total Sold: 79
- 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 £137,138 median price is £134,000 Standard Deviation is £93,931 with Total Sold: 8
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£245,553	£2,899	19
2023	£262,186	£3,248	32
2022	£277,637	£3,016	27
2021	£238,888	£2,769	38
2020	£225,185	£2,603	24
2019	£207,998	£2,553	27
2018	£215,998	£2,337	29
2017	£212,341	£2,479	27
2016	£189,433	£2,389	33
2015	£200,175	£2,340	30
2014	£197,615	£2,151	34
2013	£185,555	£2,099	30
2012	£182,583	£2,146	18
2011	£174,902	£2,157	21
2010	£184,948	£2,160	20
2009	£174,938	£2,061	20
2008	£173,441	£2,271	13
2007	£202,666	£2,157	35
2006	£195,750	£2,206	30
2005	£168,688	£2,195	26
2004	£175,136	£2,064	21
2003	£150,498	£1,659	32
2002	£118,879	£1,326	40
2001	£91,752	£1,234	27
2000	£88,723	£1,001	35
1999	£76,505	£859	42
1998	£69,736	£881	38
1997	£62,947	£809	31
1996	£68,001	£711	45
1995	£62,635	£729	24

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£352,900	£3,392	5
2023	£390,000	£3,409	3
2022	£331,682	£3,066	11
2021	£464,995	£3,243	21
2020	£367,500	£2,907	9
2019	£341,979	£2,866	19
2018	£307,122	£2,493	16
2017	£306,708	£2,673	12
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	£254,369	£2,455	8
2011	£250,075	£2,353	6
2010	£292,681	£2,552	8
2009	£240,909	£2,017	11
2008	£274,250	£2,131	6
2007	£260,069	£2,281	21
2006	£286,381	£2,488	13
2005	£289,793	£2,376	20
2004	£229,275	£1,869	18
2003	£238,392	£1,743	13
2002	£169,311	£1,380	14
2001	£142,250	£1,097	6
2000	£127,333	£1,180	9
1999	£121,000	£960	5
1998	£104,625	£865	10
1997	£113,900	£889	10
1996	£87,618	£749	11
1995	£113,472	£760	9

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£260,417	£2,857	6
2023	£287,722	£2,912	9
2022	£269,710	£2,823	9
2021	£220,273	£2,576	11
2020	£197,433	£2,415	6
2019	£225,500	£2,384	7
2018	£222,405	£2,468	11
2017	£205,742	£2,456	6
2016	£219,375	£2,205	4
2015	£212,861	£2,277	14
2014	£234,718	£1,844	11
2013	£178,712	£1,887	15
2012	£176,625	£1,931	8
2011	£182,353	£1,749	17
2010	£184,389	£2,012	9
2009	£170,254	£2,086	12
2008	£172,625	£1,903	8
2007	£197,893	£2,284	14
2006	£186,113	£2,263	19
2005	£172,492	£2,081	13
2004	£173,250	£2,349	6
2003	£148,301	£1,586	19
2002	£108,550	£1,145	15
2001	£91,100	£843	10
2000	£81,340	£976	10
1999	£82,783	£943	12
1998	£72,156	£869	8
1997	£68,686	£622	21
1996	£60,855	£637	11
1995	£66,964	£771	14

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	£185,371	£2,461	12
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	£2,600	£38	1
2018	£195,000	£2,708	1
2015	£145,000		1

House Type in NE16 5AG area

The most common house types in the NE16 5AG 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 5AG 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