Housing Market Analysis for OAKFIELD DRIVE, NE16 5HH

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £350,000 median price is £350,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £350,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 OAKFIELD DRIVE: £350,000 (Sold on 29 Sep 2021)
    • The first recorded sale happened at this postcode is 4 OAKFIELD DRIVE: £350,000 (Sold on 29 Sep 2021)
  • Semi-Detached
    • The average price is around £183,742 median price is £197,500 Standard Deviation is £92,119 with Total Sold: 6
    • The Last 5 Year average price is £320,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 OAKFIELD DRIVE: £320,000 (Sold on 24 Sep 2021)
    • The first recorded sale happened at this postcode is 2 OAKFIELD DRIVE: £45,000 (Sold on 14 Mar 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5HH 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
2021£350,000 £2,431 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£320,000 £3,108 1
2014£249,950 £1,923 1
2012£143,750 £1,894 2
2010£200,000 £1,943 1
2000£45,0001

All the Sales in the OAKFIELD DRIVE, NE16 5HH

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

AddressSold DatePrice% Change
4 OAKFIELD DRIVEDetached, FreeholdArea: 144 Sq.mtrAge: 1950-196629 Sep 2021£350,000First Sale
1 OAKFIELD DRIVESemi-Detached, FreeholdArea: 102.95 Sq.mtrAge: 1930-194924 Sep 2021£320,00064.10%
27 Apr 2012£195,000-2.50%
18 Jun 2010£200,000First Sale
7 OAKFIELD DRIVESemi-Detached, FreeholdArea: 130 Sq.mtrAge: 1930-194928 Aug 2014£249,950First Sale
2 OAKFIELD DRIVESemi-Detached, Freehold15 Jun 2012£92,500105.56%
14 Mar 2000£45,000First Sale

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

OAKFIELD DRIVE, NE16 5HH Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £171,825 median price is £167,725 Standard Deviation is £92,355 with Total Sold: 798
    • The Last 5 Year average price is £256,307 with Total Sold: 145
    • 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 £293,537 median price is £245,000 Standard Deviation is £181,690 with Total Sold: 458
    • 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 £134,866 median price is £124,125 Standard Deviation is £71,188 with Total Sold: 480
    • The Last 5 Year average price is £210,204 with Total Sold: 66
    • 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 £558,554 median price is £280,000 Standard Deviation is £703,424 with Total Sold: 9
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
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£248,675 £2,387 25
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£194,703 £2,264 31
2014£224,045 £2,024 41
2013£199,830 £2,197 25
2012£220,621 £2,139 12
2011£186,892 £2,097 19
2010£178,250 £1,834 14
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£166,305 £1,804 21
2004£178,874 £1,928 21
2003£149,779 £1,598 38
2002£122,858 £1,250 39
2001£96,493 £1,137 27
2000£84,786 £944 36
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£244,1673
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£351,611 £2,887 14
2017£422,031 £2,792 16
2016£402,000 £2,571 9
2015£359,575 £2,715 12
2014£292,175 £2,682 14
2013£405,161 £2,250 14
2012£400,772 £2,637 15
2011£304,245 £2,375 10
2010£264,152 £2,182 10
2009£311,194 £2,411 18
2008£243,438 £2,424 8
2007£286,566 £2,664 22
2006£306,014 £2,240 21
2005£276,803 £2,173 16
2004£236,024 £1,645 19
2003£281,483 £1,845 21
2002£174,458 £1,339 13
2001£198,594 £1,361 8
2000£195,389 £1,118 18
1999£134,179 £904 14
1998£137,690 £878 20
1997£139,333 £807 24
1996£119,056 £867 16
1995£125,278 £713 18
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£224,333 £2,296 6
2023£273,333 £2,828 9
2022£227,074 £2,406 12
2021£211,362 £2,337 14
2020£151,000 £1,692 9
2019£189,031 £2,089 16
2018£167,320 £1,923 19
2017£174,214 £1,941 7
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£158,540 £1,675 25
2010£160,021 £1,746 12
2009£165,546 £1,724 12
2008£146,597 £1,558 15
2007£165,598 £1,870 23
2006£159,548 £1,766 24
2005£147,290 £1,916 10
2004£139,308 £1,655 13
2003£121,923 £1,256 24
2002£85,611 £888 22
2001£69,026 £648 27
2000£62,141 £754 16
1999£69,805 £838 18
1998£59,366 £677 19
1997£59,762 £557 30
1996£53,958 £558 13
1995£63,857 £786 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£151,5002
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£30,0001
1995£10,000 £161 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,0001
2021£280,000 £2,222 1
2020£360,0001
2018£300,000 £2,113 1
2017£9,0001
2016£1,272,663 £1,089 3
2015£145,0001

House Type in NE16 5HH area

The most common house types in the NE16 5HH postcode area are Semi-detached (114), Detached (11), and Terraced (0).

Total125
Semi-detached114
Detached11
Terraced0
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 outright (84), and Owned: Owns with a mortgage or loan (32).

Owned: Owns outright84
Owned: Owns with a mortgage or loan32
Private rented: Private landlord or letting agency5
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE16 5HH have 2 people in household (48), and 1 person in household (41).

2 people in household48
1 person in household41
3 people in household21
4 people in household12
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0