Housing Market Analysis for GRANGE LANE, NE16 5AJ

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £160,871 median price is £157,500 Standard Deviation is £73,132 with Total Sold: 12
- The Last 5 Year average price is £254,983 with Total Sold: 3
- The most recent sale happened at this postcode is 48 GRANGE LANE: £265,000 (Sold on 06 Apr 2023)
- The first recorded sale happened at this postcode is 48 GRANGE LANE: £63,500 (Sold on 19 Jun 1996)
Detached
- The average price is around £340,357 median price is £375,000 Standard Deviation is £110,981 with Total Sold: 7
- The most recent sale happened at this postcode is 58 GRANGE LANE: £470,000 (Sold on 27 Aug 2010)
- The first recorded sale happened at this postcode is 58 GRANGE LANE: £179,000 (Sold on 24 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5AJ 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	£297,500	£4,208	2
2019	£169,950		1
2017	£170,000	£2,490	2
2003	£167,500	£2,727	2
2002	£129,500	£1,697	2
2001	£85,000		1
1999	£83,000		1
1996	£63,500	£962	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2010	£470,000	£2,280	1
2008	£375,000	£2,131	1
2007	£425,000		1
2006	£370,000	£2,102	1
2003	£398,500	£1,934	1
1998	£165,000	£801	1
1995	£179,000	£869	1

All the Sales in the GRANGE LANE, NE16 5AJ

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

Address	Sold Date	Price	% Change
48 GRANGE LANESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1967-1975	06 Apr 2023	£265,000	47.22%
	17 Oct 2003	£180,000	60.71%
	28 Jan 2002	£112,000	76.38%
	19 Jun 1996	£63,500	First Sale
54 GRANGE LANESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1967-1975	16 Mar 2023	£330,000	83.33%
	16 Aug 2017	£180,000	First Sale
79 GRANGE LANESemi-Detached, Leasehold	12 Jul 2019	£169,950	First Sale
81 GRANGE LANESemi-Detached, LeaseholdArea: 62 Sq.mtrAge: 1950-1966	28 Apr 2017	£160,000	First Sale
58 GRANGE LANEDetached, FreeholdArea: 206.1 Sq.mtrAge: before 1900	27 Aug 2010	£470,000	17.94%
	14 Feb 2003	£398,500	141.52%
	25 Sep 1998	£165,000	-7.82%
	24 Feb 1995	£179,000	First Sale
46A GRANGE LANEDetached, FreeholdArea: 176 Sq.mtrAge: 2003-2006	18 Apr 2008	£375,000	1.35%
	13 Sep 2006	£370,000	First Sale
46 GRANGE LANEDetached, Freehold	19 Jun 2007	£425,000	First Sale
52 GRANGE LANESemi-Detached, Freehold	04 Sep 2003	£155,000	82.35%
52 GRANGE LANESemi-Detached, Freehold	27 Jun 2001	£85,000	First Sale
62 GRANGE LANESemi-Detached, Freehold	06 Sep 2002	£147,000	First Sale
50 GRANGE LANESemi-Detached, Freehold	12 Feb 1999	£83,000	First Sale

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

GRANGE LANE, NE16 5AJ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £160,463 median price is £166,750 Standard Deviation is £73,639 with Total Sold: 996
- The Last 5 Year average price is £238,407 with Total Sold: 191
- The most recent sale happened at this postcode is , 44 ANCASTER ROAD: £380,000 (Sold on 20 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 £249,188 median price is £235,000 Standard Deviation is £115,747 with Total Sold: 352
- The Last 5 Year average price is £353,562 with Total Sold: 73
- 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 £165,214 median price is £170,250 Standard Deviation is £73,220 with Total Sold: 364
- The Last 5 Year average price is £245,106 with Total Sold: 62
- 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 £116,540 median price is £112,000 Standard Deviation is £53,751 with Total Sold: 137
- The Last 5 Year average price is £139,989 with Total Sold: 18
- The most recent sale happened at this postcode is 6, GRANGE MANOR GRANGE LANE: £145,000 (Sold on 17 May 2024)
- The first recorded sale happened at this postcode is , 24 MARSTON WALK: £47,500 (Sold on 16 Jan 1995)
Other
- The average price is around £133,555 median price is £119,500 Standard Deviation is £68,978 with Total Sold: 20
- The Last 5 Year average price is £131,162 with Total Sold: 16
- 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	£255,975	£2,899	20
2023	£254,078	£3,170	38
2022	£266,817	£3,024	29
2021	£239,250	£2,770	43
2020	£215,636	£2,526	29
2019	£202,573	£2,574	32
2018	£210,938	£2,397	34
2017	£207,756	£2,457	32
2016	£183,330	£2,307	41
2015	£199,610	£2,333	34
2014	£194,485	£2,117	39
2013	£183,319	£2,122	32
2012	£178,287	£2,132	19
2011	£173,302	£2,157	23
2010	£187,548	£2,134	20
2009	£176,940	£2,015	21
2008	£165,182	£2,231	15
2007	£198,468	£2,099	41
2006	£195,032	£2,227	31
2005	£168,667	£2,149	32
2004	£177,426	£1,961	23
2003	£144,789	£1,617	36
2002	£116,833	£1,266	47
2001	£90,234	£1,142	35
2000	£88,170	£996	37
1999	£75,891	£853	49
1998	£68,829	£880	47
1997	£63,078	£799	36
1996	£67,733	£721	53
1995	£64,041	£736	28

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£323,929	£3,248	7
2023	£385,000	£3,232	4
2022	£323,708	£3,173	12
2021	£381,177	£3,314	22
2020	£359,389	£2,685	9
2019	£341,979	£2,866	19
2018	£300,291	£2,463	17
2017	£313,909	£2,684	11
2016	£272,711	£2,428	9
2015	£254,878	£2,493	9
2014	£295,268	£2,486	11
2013	£254,806	£2,040	9
2012	£254,369	£2,455	8
2011	£213,740	£2,261	10
2010	£295,207	£2,470	7
2009	£240,909	£2,017	11
2008	£274,250	£2,131	6
2007	£258,930	£2,281	22
2006	£256,279	£2,358	14
2005	£276,443	£2,232	20
2004	£219,361	£1,914	22
2003	£238,864	£1,743	14
2002	£166,957	£1,343	15
2001	£124,750	£1,064	8
2000	£122,883	£1,264	9
1999	£121,000	£960	5
1998	£105,361	£886	9
1997	£107,115	£942	13
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	£276,115	£2,768	13
2022	£264,416	£2,739	12
2021	£230,929	£2,525	14
2020	£196,014	£2,390	7
2019	£226,650	£2,636	10
2018	£222,405	£2,468	11
2017	£205,742	£2,456	6
2016	£211,100	£2,238	5
2015	£212,861	£2,277	14
2014	£234,718	£1,844	11
2013	£181,167	£1,890	16
2012	£176,667	£1,901	9
2011	£181,944	£1,753	18
2010	£187,800	£1,966	10
2009	£177,342	£2,094	12
2008	£171,400	£1,928	10
2007	£206,464	£2,261	14
2006	£184,295	£2,268	19
2005	£169,993	£2,060	14
2004	£168,062	£2,446	8
2003	£151,454	£1,600	17
2002	£112,036	£1,198	14
2001	£91,364	£843	11
2000	£81,685	£922	10
1999	£83,854	£954	11
1998	£72,070	£854	10
1997	£68,746	£614	24
1996	£60,596	£626	12
1995	£66,091	£742	16

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£137,250	£2,050	4
2023	£184,867	£2,207	3
2022	£115,000	£1,967	2
2021	£125,033	£1,975	6
2020	£157,000	£2,526	2
2019	£122,000	£2,000	1
2018	£132,988	£2,084	4
2017	£116,000	£1,989	3
2016	£112,750	£1,809	4
2015	£126,475	£2,025	2
2014	£109,318	£1,768	11
2013	£106,417	£1,767	6
2012	£98,667	£1,441	6
2011	£106,700	£1,713	5
2010	£169,875	£2,351	4
2009	£107,000	£1,996	4
2008	£128,188	£1,705	8
2007	£187,600	£1,788	5
2006	£119,150	£2,008	6
2005	£128,890	£1,673	5
2004	£170,497	£2,306	15
2003	£94,075	£1,527	6
2002	£67,725	£1,107	2
2001	£59,633	£1,107	3
2000	£58,612	£964	4
1999	£49,112	£908	4
1998	£52,390	£701	5
1997	£41,500	£669	1
1996	£58,975	£718	2
1995	£44,238	£760	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£115,000		1
2023	£188,750	£2,358	4
2022	£82,167	£1,337	3
2021	£156,375	£1,910	4
2020	£110,000	£1,618	1
2019	£82,200	£1,346	3
2018	£142,500	£2,172	3
2015	£145,000		1

House Type in NE16 5AJ area

The most common house types in the NE16 5AJ postcode area are Semi-detached (93), Detached (30), and Terraced (2).

Total	125
Semi-detached	93
Detached	30
Terraced	2
Flat	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 (75), and Owned: Owns with a mortgage or loan (42).

Owned: Owns outright	75
Owned: Owns with a mortgage or loan	42
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	2
Social rented: Other social rented	1
Private rented: Private landlord or letting agency	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE16 5AJ have 2 people in household (44), and 1 person in household (36).

2 people in household	44
1 person in household	36
4 people in household	23
3 people in household	19
5 people in household	2
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0