Housing Market Analysis for OAKFIELD ROAD, NE16 5HN

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £189,177 median price is £194,500 Standard Deviation is £78,429 with Total Sold: 28
- The Last 5 Year average price is £282,917 with Total Sold: 6
- The most recent sale happened at this postcode is 48 OAKFIELD ROAD: £360,000 (Sold on 12 Oct 2023)
- The first recorded sale happened at this postcode is 33 OAKFIELD ROAD: £71,500 (Sold on 19 Jul 1996)
Terraced
- The average price is around £128,940 median price is £145,000 Standard Deviation is £44,947 with Total Sold: 5
- The most recent sale happened at this postcode is 56 OAKFIELD ROAD: £189,950 (Sold on 10 Aug 2018)
- The first recorded sale happened at this postcode is 60 OAKFIELD ROAD: £85,250 (Sold on 22 Jul 1995)
Detached
- The average price is around £93,667 median price is £81,000 Standard Deviation is £20,072 with Total Sold: 3
- The most recent sale happened at this postcode is 28 OAKFIELD ROAD: £122,000 (Sold on 15 Sep 2000)
- The first recorded sale happened at this postcode is 28 OAKFIELD ROAD: £81,000 (Sold on 11 Jul 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5HN 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£300,000	£2,908	2
2021	£252,500	£2,500	1
2020	£340,000	£2,125	1
2019	£252,500	£2,227	2
2018	£175,000	£2,188	1
2017	£280,000	£1,750	1
2016	£233,500	£2,250	2
2014	£184,000	£1,643	1
2013	£196,000	£1,647	1
2012	£174,000	£2,924	1
2011	£112,000	£1,882	1
2009	£218,500	£1,870	2
2007	£234,500	£2,113	1
2006	£226,500	£2,041	1
2005	£193,000	£1,740	1
2003	£166,250	£1,517	2
2002	£115,000	£1,036	1
2000	£108,000		1
1999	£79,000	£782	1
1998	£63,000	£1,059	1
1997	£67,950	£673	1
1996	£77,500	£601	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£189,950	£2,021	1
2002	£150,000		2
1997	£69,500		1
1995	£85,250		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2000	£122,000	£1,258	1
1998	£78,000	£591	1
1996	£81,000	£835	1

All the Sales in the OAKFIELD ROAD, NE16 5HN

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

Address	Sold Date	Price	% Change
48 OAKFIELD ROADSemi-Detached, LeaseholdArea: 97 Sq.mtrAge: 1967-1975	12 Oct 2023	£360,000	60.00%
	03 Jun 2016	£225,000	First Sale
38 OAKFIELD ROADSemi-Detached, LeaseholdArea: 114 Sq.mtrAge: 1950-1966	13 Jun 2023	£240,000	First Sale
44 OAKFIELD ROADSemi-Detached, LeaseholdArea: 101 Sq.mtrAge: 1967-1975	12 Jan 2021	£252,500	219.62%
	12 Mar 1999	£79,000	16.26%
	01 Dec 1997	£67,950	First Sale
34 OAKFIELD ROADSemi-Detached, LeaseholdArea: 160 Sq.mtrAge: 1950-1966	30 Nov 2020	£340,000	21.43%
	24 Nov 2017	£280,000	First Sale
33 OAKFIELD ROADSemi-Detached, LeaseholdArea: 119 Sq.mtrAge: 1950-1966	10 Oct 2019	£260,000	32.65%
	07 Nov 2013	£196,000	174.13%
	19 Jul 1996	£71,500	First Sale
40 OAKFIELD ROADSemi-Detached, LeaseholdArea: 108 Sq.mtrAge: 1950-1966	24 Jun 2019	£245,000	First Sale
56 OAKFIELD ROADTerraced, FreeholdArea: 94 Sq.mtrAge: 1967-1975	10 Aug 2018	£189,950	First Sale
49 OAKFIELD ROADSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-1966	29 May 2018	£175,000	First Sale
22 OAKFIELD ROADSemi-Detached, FreeholdArea: 111 Sq.mtrAge: 1950-1966	30 Sep 2016	£242,000	3.20%
	05 Nov 2007	£234,500	3.53%
	26 May 2006	£226,500	29.43%
	21 Mar 2003	£175,000	52.17%
	11 Jan 2002	£115,000	First Sale
35 OAKFIELD ROADSemi-Detached, LeaseholdArea: 112 Sq.mtrAge: 1967-1975	24 Oct 2014	£184,000	First Sale
31 OAKFIELD ROADSemi-Detached, LeaseholdArea: 59.5 Sq.mtrAge: 1950-1966	15 Jun 2012	£174,000	55.36%
	23 Nov 2011	£112,000	77.78%
	02 Jun 1998	£63,000	First Sale
36 OAKFIELD ROADSemi-Detached, LeaseholdArea: 108 Sq.mtrAge: 1950-1966	26 Oct 2009	£202,000	28.25%
	09 Jun 2003	£157,500	First Sale
46 OAKFIELD ROADSemi-Detached, Freehold	13 Feb 2009	£235,000	117.59%
	06 Jan 2000	£108,000	29.34%
	20 Aug 1996	£83,500	First Sale
20 OAKFIELD ROADSemi-Detached, FreeholdArea: 110.9 Sq.mtrAge: 1930-1949	04 Nov 2005	£193,000	First Sale
60 OAKFIELD ROADTerraced, Freehold	02 Dec 2002	£145,000	70.09%
60 OAKFIELD ROADTerraced, Freehold	22 Jul 1995	£85,250	First Sale
37 OAKFIELD ROADTerraced, Leasehold	28 Oct 2002	£155,000	First Sale
28 OAKFIELD ROADDetached, LeaseholdArea: 97 Sq.mtrAge: 1950-1966	15 Sep 2000	£122,000	50.62%
	11 Jul 1996	£81,000	First Sale
43 OAKFIELD ROADDetached, LeaseholdArea: 132 Sq.mtrAge: 1967-1975	05 Jun 1998	£78,000	First Sale
58 OAKFIELD ROADTerraced, Freehold	20 Jun 1997	£69,500	First Sale

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

OAKFIELD ROAD, NE16 5HN Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £172,544 median price is £170,000 Standard Deviation is £91,282 with Total Sold: 886
- The Last 5 Year average price is £254,706 with Total Sold: 168
- 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 £269,840 median price is £235,000 Standard Deviation is £164,399 with Total Sold: 437
- The Last 5 Year average price is £396,720 with Total Sold: 82
- 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 , 14A WHAGGS LANE: £190,000 (Sold on 17 Jan 1995)
Terraced
- The average price is around £158,389 median price is £160,000 Standard Deviation is £75,424 with Total Sold: 354
- The Last 5 Year average price is £241,169 with Total Sold: 56
- 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 £128,143 median price is £133,300 Standard Deviation is £59,060 with Total Sold: 92
- The Last 5 Year average price is £146,410 with Total Sold: 10
- 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 , 24 MARSTON WALK: £47,500 (Sold on 16 Jan 1995)
Other
- The average price is around £170,688 median price is £132,500 Standard Deviation is £132,327 with Total Sold: 8
- The Last 5 Year average price is £182,300 with Total Sold: 5
- 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	£238,875	£2,899	12
2023	£265,403	£3,208	31
2022	£266,375	£2,885	30
2021	£264,929	£2,836	39
2020	£235,320	£2,482	27
2019	£242,048	£2,602	29
2018	£241,970	£2,383	33
2017	£229,807	£2,493	30
2016	£197,314	£2,279	35
2015	£202,737	£2,272	31
2014	£223,166	£2,077	41
2013	£198,108	£2,169	31
2012	£215,573	£2,176	13
2011	£178,445	£2,160	19
2010	£176,767	£1,948	15
2009	£169,357	£1,922	24
2008	£193,384	£1,616	11
2007	£206,638	£2,070	41
2006	£195,481	£1,916	26
2005	£180,202	£2,068	24
2004	£186,723	£2,044	24
2003	£156,216	£1,643	37
2002	£124,563	£1,324	43
2001	£91,370	£1,184	28
2000	£88,750	£1,022	37
1999	£75,721	£884	42
1998	£70,688	£861	37
1997	£70,849	£749	30
1996	£70,197	£663	38
1995	£62,780	£656	28

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£246,875		4
2023	£491,800	£3,269	10
2022	£357,139	£3,086	18
2021	£460,523	£3,442	22
2020	£353,375	£2,828	12
2019	£364,062	£2,987	16
2018	£351,003	£2,844	16
2017	£365,833	£2,774	15
2016	£355,688	£2,518	8
2015	£303,240	£2,646	10
2014	£284,461	£2,651	14
2013	£346,641	£2,340	16
2012	£350,231	£2,662	13
2011	£240,822	£2,508	9
2010	£264,152	£2,182	10
2009	£280,719	£2,411	16
2008	£243,438	£2,424	8
2007	£266,978	£2,562	25
2006	£306,387	£2,338	19
2005	£281,991	£2,259	17
2004	£242,974	£1,845	21
2003	£244,098	£1,912	22
2002	£157,727	£1,430	15
2001	£118,583	£1,073	6
2000	£176,350	£887	20
1999	£106,550	£908	10
1998	£117,635	£834	17
1997	£129,381	£770	21
1996	£101,367	£768	12
1995	£114,167	£713	15

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£260,500	£2,857	5
2023	£287,722	£2,912	9
2022	£269,265	£2,723	9
2021	£231,072	£2,510	15
2020	£179,500	£2,259	5
2019	£217,423	£2,536	13
2018	£197,340	£2,329	12
2017	£238,890	£2,422	5
2016	£160,240	£1,871	10
2015	£237,881	£2,279	8
2014	£217,915	£1,827	13
2013	£182,293	£1,890	11
2012	£191,421	£1,978	7
2011	£177,833	£1,842	18
2010	£181,222	£1,922	9
2009	£180,641	£1,974	11
2008	£171,300	£1,863	10
2007	£201,821	£2,314	14
2006	£173,482	£2,037	20
2005	£158,536	£2,176	11
2004	£178,938	£2,564	8
2003	£149,571	£1,573	17
2002	£109,375	£1,210	14
2001	£82,382	£756	17
2000	£76,261	£1,028	9
1999	£78,780	£893	13
1998	£69,560	£794	15
1997	£72,164	£672	21
1996	£61,795	£564	10
1995	£63,600	£786	15

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£151,500		2
2023	£209,800	£2,342	2
2022	£130,500	£2,115	1
2021	£103,500	£1,817	4
2020	£197,000	£2,526	1
2018	£161,500	£2,279	2
2017	£99,700	£1,782	5
2016	£124,000	£1,823	2
2015	£129,167	£2,069	3
2014	£107,000	£1,783	2
2013	£100,899	£1,543	5
2012	£117,750	£1,676	2
2011	£132,500	£2,248	3
2010	£127,750	£2,059	2
2009	£109,500	£2,017	2
2008	£160,938	£2,248	4
2007	£199,780	£2,221	5
2005	£131,414	£2,035	7
2004	£178,142	£2,751	12
2003	£150,904	£2,315	11
2002	£47,000	£856	2
2001	£67,975	£1,288	2
2000	£41,750	£685	2
1999	£43,500	£989	1
1998	£39,833	£526	3
1996	£49,317	£718	3
1995	£28,750	£490	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£115,000		1
2023	£395,000	£1,674	1
2022	£60,750	£980	2
2021	£280,000	£2,222	1
2018	£300,000	£2,113	1
2017	£9,000		1
2015	£145,000		1

House Type in NE16 5HN area

The most common house types in the NE16 5HN postcode area are Semi-detached (104), Detached (11), and Terraced (6).

Total	121
Semi-detached	104
Detached	11
Terraced	6
Flat	0
Shared house	0
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 (50).

Owned: Owns outright	65
Owned: Owns with a mortgage or loan	50
Private rented: Private landlord or letting agency	2
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the NE16 5HN have 2 people in household (48), and 1 person in household (33).

2 people in household	48
1 person in household	33
3 people in household	21
4 people in household	15
5 people in household	4
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0