Housing Market Analysis for OAKFIELD ROAD, NE16 5HG

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

Overview of Sold House prices

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

Terraced
- The average price is around £194,181 median price is £199,250 Standard Deviation is £63,530 with Total Sold: 26
- The Last 5 Year average price is £250,500 with Total Sold: 8
- The most recent sale happened at this postcode is 4 OAKFIELD ROAD: £300,000 (Sold on 15 Jun 2023)
- The first recorded sale happened at this postcode is 16 OAKFIELD ROAD: £71,250 (Sold on 27 Nov 1995)
Semi-Detached
- The average price is around £172,950 median price is £172,950 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 27 OAKFIELD ROAD: £172,950 (Sold on 24 Jan 2007)
- The first recorded sale happened at this postcode is 27 OAKFIELD ROAD: £172,950 (Sold on 24 Jan 2007)
Detached
- The average price is around £210,000 median price is £210,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 11 OAKFIELD ROAD: £210,000 (Sold on 07 Jul 2006)
- The first recorded sale happened at this postcode is 11 OAKFIELD ROAD: £210,000 (Sold on 07 Jul 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5HG 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£286,750	£2,858	2
2021	£237,833	£2,584	3
2020	£197,000	£2,031	1
2019	£260,000	£2,493	2
2017	£229,500		1
2016	£208,750	£2,296	2
2015	£207,000	£2,043	2
2013	£210,000	£1,882	1
2012	£200,000	£2,040	2
2011	£192,500	£1,975	1
2008	£161,750	£1,467	2
2006	£226,000	£2,112	1
2004	£180,500		1
2002	£148,000	£1,519	1
2000	£94,000	£927	1
1997	£68,975	£640	2
1995	£71,250		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£172,950		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£210,000		1

All the Sales in the OAKFIELD ROAD, NE16 5HG

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

Address	Sold Date	Price	% Change
4 OAKFIELD ROADTerraced, FreeholdArea: 109.4 Sq.mtrAge: 1950-1966	15 Jun 2023	£300,000	40.85%
	13 Aug 2015	£213,000	3.90%
	22 Jun 2012	£205,000	8.75%
	18 Jul 2008	£188,500	First Sale
23 OAKFIELD ROADTerraced, FreeholdArea: 92 Sq.mtrAge: 1930-1949	09 Jun 2023	£273,500	First Sale
12 OAKFIELD ROADTerraced, FreeholdArea: 88.4 Sq.mtrAge: 1950-1966	04 Oct 2021	£301,000	52.41%
	20 May 2016	£197,500	1.28%
	11 Jan 2012	£195,000	First Sale
25 OAKFIELD ROADTerraced, FreeholdArea: 94 Sq.mtrAge: 1950-1966	31 Mar 2021	£222,500	First Sale
6 OAKFIELD ROADTerraced, FreeholdArea: 96 Sq.mtrAge: 1900-1929	18 Feb 2021	£190,000	First Sale
15 OAKFIELD ROADTerraced, FreeholdArea: 97 Sq.mtrAge: 1930-1949	02 Sep 2020	£197,000	First Sale
17 OAKFIELD ROADTerraced, FreeholdArea: 107 Sq.mtrAge: 1950-1966	19 Dec 2019	£275,000	21.68%
	18 Aug 2006	£226,000	First Sale
9 OAKFIELD ROADTerraced, FreeholdArea: 101.41 Sq.mtrAge: 1950-1966	07 Jun 2019	£245,000	160.64%
	11 Feb 2000	£94,000	44.73%
	31 Jan 1997	£64,950	First Sale
16 OAKFIELD ROADTerraced, Freehold	24 May 2017	£229,500	214.38%
	21 Feb 1997	£73,000	2.46%
	27 Nov 1995	£71,250	First Sale
2 OAKFIELD ROADTerraced, FreeholdArea: 93.3 Sq.mtrAge: 1950-1966	28 Oct 2016	£220,000	First Sale
3 OAKFIELD ROADTerraced, FreeholdArea: 94 Sq.mtrAge: 1950-1966	17 Jul 2015	£201,000	First Sale
18 OAKFIELD ROADTerraced, FreeholdArea: 111.56 Sq.mtrAge: 1950-1966	27 Sep 2013	£210,000	55.56%
	04 Nov 2008	£135,000	First Sale
5 OAKFIELD ROADTerraced, FreeholdArea: 97.46 Sq.mtrAge: 1950-1966	27 Jul 2011	£192,500	30.07%
	15 Aug 2002	£148,000	First Sale
27 OAKFIELD ROADSemi-Detached, Leasehold	24 Jan 2007	£172,950	First Sale
11 OAKFIELD ROADDetached, Freehold	07 Jul 2006	£210,000	First Sale
21 OAKFIELD ROADTerraced, Freehold	09 Jul 2004	£180,500	First Sale

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

OAKFIELD ROAD, NE16 5HG Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £172,649 median price is £169,000 Standard Deviation is £91,867 with Total Sold: 797
- The Last 5 Year average price is £255,990 with Total Sold: 146
- The most recent sale happened at this postcode is , 28 ELSDON ROAD: £249,999 (Sold on 04 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 £291,317 median price is £245,000 Standard Deviation is £180,402 with Total Sold: 473
- The Last 5 Year average price is £440,450 with Total Sold: 88
- 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 , 13 MILLFIELD ROAD: £180,000 (Sold on 13 Jan 1995)
Terraced
- The average price is around £136,636 median price is £125,000 Standard Deviation is £71,100 with Total Sold: 470
- The Last 5 Year average price is £212,615 with Total Sold: 65
- The most recent sale happened at this postcode is , 9 WARWICK DRIVE: £180,000 (Sold on 26 Jul 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 £139,434 median price is £162,750 Standard Deviation is £76,283 with Total Sold: 32
- The Last 5 Year average price is £166,667 with Total Sold: 3
- 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 , 3 SOUTH VIEW TERRACE: £10,000 (Sold on 05 May 1995)
Other
- The average price is around £616,124 median price is £290,000 Standard Deviation is £725,829 with Total Sold: 8
- The Last 5 Year average price is £251,667 with Total Sold: 3
- 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	£243,250	£2,563	10
2023	£268,741	£3,207	27
2022	£257,644	£2,856	26
2021	£256,628	£2,722	39
2020	£247,188	£2,370	26
2019	£252,886	£2,483	18
2018	£246,621	£2,351	29
2017	£229,456	£2,470	31
2016	£206,068	£2,296	29
2015	£197,193	£2,298	30
2014	£222,449	£2,025	42
2013	£196,950	£2,192	26
2012	£220,621	£2,139	12
2011	£186,672	£2,101	20
2010	£184,269	£1,901	13
2009	£166,523	£1,925	25
2008	£173,423	£1,622	10
2007	£206,551	£1,883	35
2006	£189,205	£1,956	22
2005	£166,927	£1,804	22
2004	£183,068	£1,928	20
2003	£149,779	£1,598	38
2002	£124,355	£1,250	38
2001	£96,789	£1,110	27
2000	£89,876	£961	34
1999	£73,649	£791	34
1998	£70,476	£856	34
1997	£62,424	£747	27
1996	£68,955	£640	33
1995	£62,980	£602	20

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£244,167		3
2023	£550,145	£3,629	11
2022	£397,289	£3,265	19
2021	£490,159	£3,553	22
2020	£427,233	£2,940	15
2019	£401,944	£3,153	18
2018	£357,937	£2,857	15
2017	£411,029	£2,862	17
2016	£402,000	£2,571	9
2015	£359,575	£2,715	12
2014	£292,175	£2,682	14
2013	£368,309	£2,317	17
2012	£391,036	£2,682	16
2011	£301,582	£2,432	11
2010	£264,152	£2,182	10
2009	£311,194	£2,411	18
2008	£243,438	£2,424	8
2007	£284,107	£2,645	23
2006	£314,605	£2,240	22
2005	£276,803	£2,173	16
2004	£236,024	£1,645	19
2003	£279,916	£1,845	22
2002	£171,639	£1,409	14
2001	£198,594	£1,361	8
2000	£194,579	£1,118	19
1999	£134,179	£904	14
1998	£137,690	£878	20
1997	£136,960	£807	25
1996	£119,406	£867	17
1995	£122,395	£713	19

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£224,333	£2,296	6
2023	£273,333	£2,828	9
2022	£234,081	£2,462	11
2021	£218,390	£2,404	13
2020	£152,318	£1,714	11
2019	£194,967	£2,148	15
2018	£172,151	£1,980	17
2017	£182,417	£2,020	6
2016	£140,693	£1,640	15
2015	£189,146	£1,948	12
2014	£192,435	£1,643	17
2013	£158,219	£1,748	17
2012	£169,095	£1,814	10
2011	£160,458	£1,690	24
2010	£160,021	£1,746	12
2009	£165,546	£1,724	12
2008	£151,630	£1,604	15
2007	£163,281	£1,836	24
2006	£158,966	£1,821	25
2005	£147,290	£1,916	10
2004	£145,773	£1,790	11
2003	£123,090	£1,269	24
2002	£89,136	£973	22
2001	£70,070	£649	25
2000	£62,983	£785	15
1999	£69,805	£838	18
1998	£59,395	£687	20
1997	£60,841	£557	29
1996	£57,223	£611	11
1995	£63,857	£786	14

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£151,500		2
2020	£197,000	£2,526	1
2018	£175,000	£2,542	1
2013	£89,500	£1,377	1
2011	£130,500	£2,105	1
2010	£127,750	£2,059	2
2009	£109,000	£1,535	1
2008	£159,750	£1,804	2
2007	£284,000	£1,748	2
2005	£149,983	£2,036	3
2004	£185,869	£2,866	8
2003	£116,000	£1,933	1
2002	£58,500	£824	1
2001	£70,000	£1,077	1
2000	£41,750	£685	2
1998	£10,000	£161	1
1996	£30,000		1
1995	£10,000	£161	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£115,000		1
2021	£280,000	£2,222	1
2020	£360,000		1
2018	£300,000	£2,113	1
2017	£9,000		1
2016	£1,859,995		2
2015	£145,000		1

House Type in NE16 5HG area

The most common house types in the NE16 5HG postcode area are Semi-detached (98), Detached (24), and Terraced (4).

Total	130
Semi-detached	98
Detached	24
Terraced	4
Flat	3
Shared house	1
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 (65), and Owned: Owns with a mortgage or loan (56).

Owned: Owns outright	65
Owned: Owns with a mortgage or loan	56
Private rented: Private landlord or letting agency	3
Social rented: Other social rented	2
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the NE16 5HG have 2 people in household (42), and 1 person in household (36).

2 people in household	42
1 person in household	36
4 people in household	32
3 people in household	17
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0