Housing Market Analysis for NE16 5EQ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £191,383 median price is £191,383 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £191,383 with Total Sold: 1
    • The most recent sale happened at this postcode is BANKWELL HOUSE: £191,383 (Sold on 28 Feb 2020)
    • The first recorded sale happened at this postcode is BANKWELL HOUSE: £191,383 (Sold on 28 Feb 2020)
  • Terraced
    • The average price is around £100,000 median price is £100,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is WESTHOLME: £100,000 (Sold on 25 Apr 2007)
    • The first recorded sale happened at this postcode is WESTHOLME: £100,000 (Sold on 25 Apr 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5EQ 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
2020£191,383 £1,840 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£100,0001

All the Sales in the NE16 5EQ

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

AddressSold DatePrice% Change
BANKWELL HOUSEDetached, FreeholdArea: 104 Sq.mtrAge: 1950-196628 Feb 2020£191,383First Sale
WESTHOLMETerraced, Freehold25 Apr 2007£100,000First Sale

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

NE16 5EQ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £470,833 median price is £350,000 Standard Deviation is £197,993 with Total Sold: 3
    • The Last 5 Year average price is £750,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, CAUSEY OLD SCHOOL : £750,000 (Sold on 24 Sep 2021)
    • The first recorded sale happened at this postcode is 2, CAUSEY OLD SCHOOL : £350,000 (Sold on 28 Apr 2006)
  • Detached
    • The average price is around £297,128 median price is £295,000 Standard Deviation is £87,222 with Total Sold: 3
    • The Last 5 Year average price is £191,383 with Total Sold: 1
    • The most recent sale happened at this postcode is , BANKWELL HOUSE : £191,383 (Sold on 28 Feb 2020)
    • The first recorded sale happened at this postcode is 1, CAUSEY OLD SCHOOL : £295,000 (Sold on 06 Feb 2004)
  • Terraced
    • The average price is around £100,000 median price is £100,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , WESTHOLME : £100,000 (Sold on 25 Apr 2007)
    • The first recorded sale happened at this postcode is , WESTHOLME : £100,000 (Sold on 25 Apr 2007)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£750,000 £2,930 1
2014£312,500 £1,776 1
2006£350,000 £1,367 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£191,383 £1,840 1
2017£405,000 £3,068 1
2004£295,000 £1,676 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£100,0001

House Type in NE16 5EQ area

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