Housing Market Analysis for PENNYFINE ROAD, NE16 5EP

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £151,202 median price is £160,000 Standard Deviation is £67,580 with Total Sold: 25
    • The Last 5 Year average price is £207,025 with Total Sold: 8
    • The most recent sale happened at this postcode is 26 PENNYFINE ROAD: £334,000 (Sold on 28 May 2024)
    • The first recorded sale happened at this postcode is 33 PENNYFINE ROAD: £59,950 (Sold on 14 May 1997)
  • Terraced
    • The average price is around £135,075 median price is £151,000 Standard Deviation is £59,767 with Total Sold: 30
    • The Last 5 Year average price is £219,600 with Total Sold: 5
    • The most recent sale happened at this postcode is 13 PENNYFINE ROAD: £266,000 (Sold on 27 Mar 2024)
    • The first recorded sale happened at this postcode is 122 PENNYFINE ROAD: £57,000 (Sold on 27 Jul 1995)
  • Detached
    • The average price is around £312,325 median price is £172,000 Standard Deviation is £303,700 with Total Sold: 6
    • The Last 5 Year average price is £655,000 with Total Sold: 2
    • The most recent sale happened at this postcode is WREN COTTAGE PENNYFINE ROAD: £345,000 (Sold on 27 Jan 2023)
    • The first recorded sale happened at this postcode is 24 PENNYFINE ROAD: £59,950 (Sold on 31 Mar 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5EP 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
2024£334,0001
2023£187,500 £2,083 1
2021£242,200 £2,549 1
2020£175,000 £2,174 3
2019£183,750 £1,737 2
2018£160,000 £2,105 1
2016£165,000 £2,260 1
2014£155,000 £2,153 1
2013£169,000 £2,112 1
2011£135,500 £1,422 1
2010£150,000 £1,121 1
2007£177,0001
2005£174,500 £1,763 2
2004£192,500 £1,675 1
2002£85,500 £1,204 1
2001£77,5001
2000£63,0001
1998£59,950 £522 1
1997£61,6333
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£266,000 £2,634 1
2023£203,500 £2,236 2
2021£175,000 £2,188 1
2020£250,000 £2,404 1
2017£171,000 £2,004 3
2016£165,000 £1,919 1
2014£161,000 £2,205 1
2012£132,833 £1,728 3
2009£165,0001
2007£154,925 £1,754 2
2006£181,0001
2005£152,000 £1,842 1
2003£135,000 £1,667 1
2002£102,475 £1,182 4
2000£65,000 £714 1
1999£59,5001
1998£61,000 £813 1
1996£40,5003
1995£57,000 £712 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£345,000 £3,136 1
2022£965,000 £2,455 1
2016£166,000 £1,677 1
2006£178,0001
2004£160,0001
1999£59,950 £606 1

All the Sales in the PENNYFINE ROAD, NE16 5EP

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

AddressSold DatePrice% Change
26 PENNYFINE ROADSemi-Detached, Freehold28 May 2024£334,000First Sale
13 PENNYFINE ROADTerraced, FreeholdArea: 101 Sq.mtrAge: 1930-194927 Mar 2024£266,00036.41%
10 Mar 2017£195,000First Sale
8 PENNYFINE ROADSemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1930-194905 Jul 2023£187,500First Sale
127 PENNYFINE ROADTerraced, FreeholdArea: 91 Sq.mtrAge: 1930-194931 Mar 2023£195,00095.10%
01 Nov 2002£99,950First Sale
WREN COTTAGE PENNYFINE ROADDetached, FreeholdArea: 110 Sq.mtrAge: 2012 onwards27 Jan 2023£345,000First Sale
21 PENNYFINE ROADTerraced, FreeholdArea: 91 Sq.mtrAge: 1950-196604 Jan 2023£212,00041.33%
20 Jul 2007£150,000130.77%
03 Jul 2000£65,000First Sale
SILVERHILLS PENNYFINE ROADDetached, FreeholdArea: 393 Sq.mtrAge: 1976-198201 Apr 2022£965,000First Sale
5 PENNYFINE ROADSemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1930-194922 Oct 2021£242,20014.25%
22 Dec 2020£212,000First Sale
121 PENNYFINE ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1950-196602 Jul 2021£175,000First Sale
33 PENNYFINE ROADSemi-Detached, Freehold22 Dec 2020£150,000150.21%
14 May 1997£59,950First Sale
120 PENNYFINE ROADTerraced, FreeholdArea: 104 Sq.mtrAge: 1950-196601 Oct 2020£250,000First Sale
125 PENNYFINE ROADSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-196611 Mar 2020£163,000First Sale
ROSEVALE COTTAGE PENNYFINE ROADSemi-Detached, FreeholdArea: 133.78 Sq.mtrAge: before 190009 Aug 2019£257,50071.67%
09 Apr 2010£150,000First Sale
1 PENNYFINE ROADSemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1930-194906 Feb 2019£110,00028.65%
11 Oct 2002£85,500First Sale
126 PENNYFINE ROADSemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1930-194930 Jul 2018£160,000First Sale
19 PENNYFINE ROADTerraced, FreeholdArea: 81 Sq.mtrAge: 1930-194924 Jul 2017£158,00017.04%
09 Dec 2003£135,000First Sale
18 PENNYFINE ROADTerraced, FreeholdArea: 75.05 Sq.mtrAge: 1930-194924 May 2017£160,00016.36%
31 Aug 2012£137,50044.74%
05 Jul 2002£95,00055.74%
09 Apr 1998£61,000First Sale
2 PENNYFINE ROADSemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1930-194909 Dec 2016£165,000First Sale
17 PENNYFINE ROADTerraced, FreeholdArea: 86 Sq.mtrAge: 1930-194929 Apr 2016£165,0003.22%
19 Jan 2007£159,850First Sale
24 PENNYFINE ROADDetached, FreeholdArea: 99 Sq.mtrAge: 1930-194912 Feb 2016£166,000176.90%
31 Mar 1999£59,950First Sale
124 PENNYFINE ROADTerraced, FreeholdArea: 73 Sq.mtrAge: 1930-194922 Sep 2014£161,000First Sale
27 PENNYFINE ROADSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1930-194914 Mar 2014£155,00046.23%
01 Feb 2012£106,000First Sale
34 PENNYFINE ROADSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1930-194909 Sep 2013£169,000First Sale
128 PENNYFINE ROADTerraced, FreeholdArea: 82.5 Sq.mtrAge: 1930-194906 Aug 2012£155,0001.97%
15 Jul 2005£152,000First Sale
22 PENNYFINE ROADSemi-Detached, FreeholdArea: 95.3 Sq.mtrAge: 1930-194921 Jun 2011£135,500-19.35%
25 Oct 2005£168,000First Sale
129 PENNYFINE ROADTerraced, Freehold09 Mar 2009£165,000First Sale
29 PENNYFINE ROADSemi-Detached, Freehold30 Mar 2007£177,000First Sale
14 PENNYFINE ROADTerraced, Freehold11 Dec 2006£181,000722.73%
29 Mar 1996£22,000First Sale
12 PENNYFINE ROADDetached, Freehold05 Sep 2006£178,00011.25%
20 Aug 2004£160,000First Sale
31 PENNYFINE ROADSemi-Detached, Freehold04 Apr 2005£181,000178.46%
20 Jun 1997£65,000First Sale
28 PENNYFINE ROADSemi-Detached, FreeholdArea: 114.9 Sq.mtrAge: 1930-194931 Aug 2004£192,500221.10%
29 May 1998£59,950First Sale
32 PENNYFINE ROADTerraced, Freehold04 Nov 2002£99,950First Sale
20 PENNYFINE ROADTerraced, Freehold01 Nov 2002£115,000127.72%
28 Mar 1996£50,500First Sale
30 PENNYFINE ROADSemi-Detached, Freehold11 Jul 2001£77,50029.27%
31 Jul 1997£59,950First Sale
3 PENNYFINE ROADSemi-Detached, Freehold30 Aug 2000£63,000First Sale
16 PENNYFINE ROADTerraced, Freehold10 Jun 1999£59,500First Sale
15 PENNYFINE ROADTerraced, Freehold29 Mar 1996£49,000First Sale
122 PENNYFINE ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1930-194927 Jul 1995£57,000First Sale

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

PENNYFINE ROAD, NE16 5EP Near By properties

Interactive Map

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

  • Detached
    • The average price is around £262,140 median price is £250,000 Standard Deviation is £126,776 with Total Sold: 228
    • The Last 5 Year average price is £354,135 with Total Sold: 103
    • The most recent sale happened at this postcode is , 4 LILY CLOSE: £475,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 21 BURDON PARK: £90,000 (Sold on 27 Feb 1995)
  • Semi-Detached
    • The average price is around £149,684 median price is £150,000 Standard Deviation is £71,945 with Total Sold: 141
    • The Last 5 Year average price is £199,271 with Total Sold: 28
    • The most recent sale happened at this postcode is , 26 PENNYFINE ROAD: £334,000 (Sold on 28 May 2024)
    • The first recorded sale happened at this postcode is , 5 BURDON LODGE: £47,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £95,306 median price is £88,000 Standard Deviation is £51,399 with Total Sold: 255
    • The Last 5 Year average price is £151,161 with Total Sold: 40
    • The most recent sale happened at this postcode is , 8 ALEXANDRA TERRACE: £155,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 7 ELM STREET: £37,950 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £454,927 median price is £155,550 Standard Deviation is £919,010 with Total Sold: 13
    • The Last 5 Year average price is £202,056 with Total Sold: 9
    • The most recent sale happened at this postcode is , CHEVIOT VIEW STREETGATE: £190,000 (Sold on 03 May 2024)
    • The first recorded sale happened at this postcode is , 13 SUN STREET: £155,550 (Sold on 01 May 2015)
  • Flat
    • The average price is around £37,333 median price is £40,000 Standard Deviation is £5,249 with Total Sold: 3
    • The most recent sale happened at this postcode is , 2 GRANBY TERRACE: £42,000 (Sold on 24 Jun 2004)
    • The first recorded sale happened at this postcode is , 14 ALEXANDRA TERRACE: £40,000 (Sold on 15 Aug 1997)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£335,333 £2,933 6
2023£349,429 £2,510 7
2022£444,249 £3,163 6
2021£356,871 £3,088 28
2020£357,790 £2,851 36
2019£323,978 £2,681 20
2018£278,800 £2,033 5
2017£253,667 £2,746 3
2016£214,833 £1,840 3
2015£200,000 £2,083 1
2014£256,312 £2,147 8
2013£274,658 £2,112 6
2012£244,150 £2,090 6
2011£270,000 £2,041 1
2010£251,750 £2,080 4
2009£180,500 £1,190 2
2008£350,333 £1,955 2
2007£261,571 £1,869 7
2006£262,667 £1,583 3
2005£209,333 £1,852 3
2004£230,400 £2,075 5
2003£183,000 £1,311 5
2002£141,656 £1,498 9
2001£169,314 £1,207 11
2000£107,214 £798 7
1999£121,491 £1,104 9
1998£90,306 £1,132 9
1997£75,000 £679 1
1996£108,682 £698 11
1995£103,0004
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£291,9752
2023£167,833 £2,185 6
2022£187,250 £2,011 2
2021£209,238 £2,270 5
2020£192,827 £2,215 9
2019£208,122 £2,132 4
2018£126,790 £1,504 5
2017£134,333 £1,478 3
2016£149,625 £1,822 4
2015£212,667 £1,672 3
2014£192,210 £1,701 9
2013£171,357 £1,535 7
2012£105,000 £1,182 2
2011£178,875 £1,650 4
2010£167,500 £1,533 4
2009£270,000 £1,393 1
2008£211,125 £1,659 4
2007£206,500 £2,321 6
2006£114,0001
2005£165,500 £1,713 4
2004£152,382 £1,751 11
2003£149,000 £1,494 7
2002£109,357 £1,081 7
2001£76,200 £1,088 3
2000£63,0001
1999£77,383 £694 9
1998£90,633 £522 3
1997£59,486 £522 7
1996£48,250 £542 4
1995£61,000 £636 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,500 £2,634 2
2023£198,000 £2,692 5
2022£141,786 £1,555 7
2021£156,281 £1,916 14
2020£157,167 £1,854 6
2019£85,333 £966 6
2018£109,667 £1,177 9
2017£128,250 £1,702 8
2016£119,994 £1,557 8
2015£115,000 £1,449 4
2014£125,636 £1,564 7
2013£98,212 £1,453 8
2012£109,600 £1,448 9
2011£95,875 £903 4
2010£105,125 £1,869 4
2009£126,806 £1,461 8
2008£124,857 £1,423 7
2007£124,146 £1,398 12
2006£127,707 £1,245 7
2005£95,340 £1,169 10
2004£99,325 £1,083 6
2003£78,654 £945 14
2002£74,331 £884 16
2001£54,520 £605 14
2000£45,833 £600 9
1999£47,300 £423 11
1998£42,010 £541 10
1997£36,660 £404 10
1996£38,683 £458 9
1995£38,650 £391 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£190,0001
2023£245,833 £1,797 3
2022£97,5001
2021£543,500 £2,013 1
2020£150,0001
2019£50,0002
2018£1,313,333 £30,769 3
2015£155,5501
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£42,0001
2001£30,000 £337 1
1997£40,0001

House Type in NE16 5EP area

The most common house types in the NE16 5EP postcode area are Detached (99), Semi-detached (74), and Terraced (5).

Total178
Detached99
Semi-detached74
Terraced5
Flat0
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 with a mortgage or loan (86), and Owned: Owns outright (79).

Owned: Owns with a mortgage or loan86
Owned: Owns outright79
Private rented: Private landlord or letting agency8
Private rented: Other private rented4
Social rented: Other social 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 5EP have 2 people in household (68), and 1 person in household (38).

2 people in household68
1 person in household38
4 people in household32
3 people in household30
5 people in household6
6 people in household3
8 or more people in household1
0 people in household0
7 people in household0