Housing Market Analysis for NE16 5EH

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £379,250 median price is £390,000 Standard Deviation is £185,187 with Total Sold: 8
    • The Last 5 Year average price is £564,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 5, HEDLEY HALL FARM: £455,000 (Sold on 28 Jul 2023)
    • The first recorded sale happened at this postcode is HEDLEY HALL: £757,000 (Sold on 17 May 2024)
  • Terraced
    • The average price is around £415,000 median price is £395,000 Standard Deviation is £47,081 with Total Sold: 3
    • The Last 5 Year average price is £480,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4, HEDLEY HALL FARM: £480,000 (Sold on 25 Jun 2021)
    • The first recorded sale happened at this postcode is 3, HEDLEY HALL FARM: £370,000 (Sold on 30 Jun 2016)
  • Flat
    • The average price is around £130,000 median price is £130,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 4, HEDLEY HALL FARM: £130,000 (Sold on 11 Jun 1999)
    • The first recorded sale happened at this postcode is 4, HEDLEY HALL FARM: £130,000 (Sold on 11 Jun 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5EH 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
2023£467,500 £1,883 2
2008£390,000 £1,814 1
2006£390,000 £1,814 1
2002£230,000 £1,070 1
1999£200,000 £930 1
1995£132,000 £614 1
2024£757,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£480,000 £1,846 1
2017£395,000 £1,519 1
2016£370,000 £1,000 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£130,000 £500 1

All the Sales in the NE16 5EH

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

AddressSold DatePrice% Change
5, HEDLEY HALL FARMDetached, FreeholdArea: 215 Sq.mtrAge: 1996-200228 Jul 2023£455,00016.67%
01 Dec 2008£390,0000.0
15 Dec 2006£390,00069.57%
29 Nov 2002£230,00015.00%
17 Dec 1999£200,00051.52%
22 Dec 1995£132,000First Sale
6, HEDLEY HALL FARMDetached, FreeholdArea: 291 Sq.mtrAge: 1900-192905 May 2023£480,000First Sale
4, HEDLEY HALL FARMTerraced, FreeholdArea: 260 Sq.mtrAge: 1996-200225 Jun 2021£480,00021.52%
19 Dec 2017£395,000203.85%
11 Jun 1999£130,000First Sale
3, HEDLEY HALL FARMTerraced, FreeholdArea: 370 Sq.mtrAge: 1996-200230 Jun 2016£370,000First Sale
HEDLEY HALLDetached, Freehold17 May 2024£757,000First Sale

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

NE16 5EH Near By properties

Interactive Map

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

  • Detached
    • The average price is around £379,250 median price is £390,000 Standard Deviation is £185,187 with Total Sold: 8
    • The Last 5 Year average price is £564,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , HEDLEY HALL : £757,000 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is 5, HEDLEY HALL FARM : £132,000 (Sold on 22 Dec 1995)
  • Terraced
    • The average price is around £267,207 median price is £175,000 Standard Deviation is £131,902 with Total Sold: 7
    • The Last 5 Year average price is £327,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 4 HEDLEY HALL COTTAGES: £175,000 (Sold on 17 Jun 2022)
    • The first recorded sale happened at this postcode is 3, HEDLEY HALL FARM : £370,000 (Sold on 30 Jun 2016)
  • Flat
    • The average price is around £130,000 median price is £130,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 4, HEDLEY HALL FARM : £130,000 (Sold on 11 Jun 1999)
    • The first recorded sale happened at this postcode is 4, HEDLEY HALL FARM : £130,000 (Sold on 11 Jun 1999)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£757,0001
2023£467,500 £1,883 2
2008£390,000 £1,814 1
2006£390,000 £1,814 1
2002£230,000 £1,070 1
1999£200,000 £930 1
1995£132,000 £614 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£175,0001
2021£480,000 £1,846 1
2019£150,5001
2018£149,9752
2017£395,000 £1,519 1
2016£370,000 £1,000 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£130,000 £500 1

House Type in NE16 5EH area

The most common house types in the NE16 5EH postcode area are Detached (54), Semi-detached (54), and Terraced (16).

Total131
Detached54
Semi-detached54
Terraced16
converted building3
commercial building2
Flat1
Shared house1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (71), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright71
Owned: Owns with a mortgage or loan33
Private rented: Private landlord or letting agency17
Private rented: Other private rented5
Social rented: Rents from council or Local Authority4
Shared ownership: Shared ownership1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE16 5EH have 2 people in household (56), and 1 person in household (34).

2 people in household56
1 person in household34
3 people in household21
4 people in household10
5 people in household8
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0