Housing Market Analysis for OAKFIELD AVENUE, NE16 5HQ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £220,000 median price is £220,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 OAKFIELD AVENUE: £220,000 (Sold on 26 Jul 2017)
    • The first recorded sale happened at this postcode is 8 OAKFIELD AVENUE: £220,000 (Sold on 26 Jul 2017)
  • Terraced
    • The average price is around £113,075 median price is £89,975 Standard Deviation is £47,884 with Total Sold: 6
    • The most recent sale happened at this postcode is 7 OAKFIELD AVENUE: £90,000 (Sold on 29 Feb 2016)
    • The first recorded sale happened at this postcode is 10 OAKFIELD AVENUE: £76,000 (Sold on 15 Apr 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5HQ 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
2017£220,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£90,000 £1,047 1
2012£165,000 £1,801 1
2011£192,500 £1,948 1
1999£89,9501
1998£70,500 £756 2

All the Sales in the OAKFIELD AVENUE, NE16 5HQ

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

AddressSold DatePrice% Change
8 OAKFIELD AVENUESemi-Detached, Freehold26 Jul 2017£220,000First Sale
7 OAKFIELD AVENUETerraced, FreeholdArea: 86 Sq.mtrAge: 1930-194929 Feb 2016£90,00038.46%
08 Sep 1998£65,000First Sale
12 OAKFIELD AVENUETerraced, FreeholdArea: 91.63 Sq.mtrAge: 1950-196615 Feb 2012£165,000First Sale
1 OAKFIELD AVENUETerraced, FreeholdArea: 98.82 Sq.mtrAge: 1950-196603 Aug 2011£192,500First Sale
2 OAKFIELD AVENUETerraced, Freehold10 Dec 1999£89,950First Sale
10 OAKFIELD AVENUETerraced, Freehold15 Apr 1998£76,000First Sale

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

OAKFIELD AVENUE, NE16 5HQ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £175,302 median price is £169,000 Standard Deviation is £97,704 with Total Sold: 775
    • The Last 5 Year average price is £264,239 with Total Sold: 137
    • 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)
  • Terraced
    • The average price is around £131,065 median price is £120,000 Standard Deviation is £71,113 with Total Sold: 530
    • The Last 5 Year average price is £201,906 with Total Sold: 78
    • The most recent sale happened at this postcode is , 15 BROOM GREEN: £180,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 6 BROADPOOL GREEN: £42,500 (Sold on 17 Feb 1995)
  • Detached
    • The average price is around £291,476 median price is £242,500 Standard Deviation is £184,295 with Total Sold: 444
    • The Last 5 Year average price is £447,273 with Total Sold: 81
    • 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)
  • Flat
    • The average price is around £133,749 median price is £142,000 Standard Deviation is £49,140 with Total Sold: 229
    • The Last 5 Year average price is £110,579 with Total Sold: 40
    • The most recent sale happened at this postcode is 52, CHASE COURT RECTORY LANE: £105,000 (Sold on 06 Aug 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 £548,916 median price is £330,000 Standard Deviation is £617,140 with Total Sold: 12
    • The Last 5 Year average price is £304,000 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£236,944 £2,563 9
2023£261,942 £3,098 26
2022£272,552 £2,788 24
2021£267,308 £2,648 39
2020£255,519 £2,382 23
2019£275,906 £2,436 16
2018£245,759 £2,330 29
2017£230,078 £2,345 30
2016£210,687 £2,292 29
2015£201,462 £2,273 32
2014£223,671 £2,017 40
2013£198,154 £2,140 24
2012£227,704 £2,114 12
2011£187,472 £2,108 20
2010£172,929 £1,800 14
2009£171,943 £1,941 25
2008£198,566 £1,625 11
2007£209,980 £1,920 38
2006£180,096 £1,848 26
2005£172,939 £1,851 18
2004£183,969 £1,877 21
2003£153,335 £1,524 33
2002£122,050 £1,212 35
2001£101,295 £1,108 20
2000£79,128 £915 34
1999£73,292 £760 33
1998£68,797 £843 31
1997£71,870 £708 31
1996£69,827 £630 37
1995£62,340 £579 15
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£203,357 £2,284 7
2023£259,995 £2,740 10
2022£226,226 £2,360 15
2021£195,302 £2,173 16
2020£158,333 £1,862 12
2019£183,722 £2,062 18
2018£157,115 £1,851 18
2017£191,357 £1,865 7
2016£135,578 £1,599 18
2015£177,446 £1,845 14
2014£177,743 £1,646 22
2013£151,707 £1,699 18
2012£169,095 £1,814 10
2011£157,268 £1,654 28
2010£155,683 £1,701 15
2009£167,904 £1,742 12
2008£143,139 £1,508 14
2007£159,865 £1,816 24
2006£154,806 £1,644 25
2005£145,355 £1,805 11
2004£145,857 £1,595 14
2003£115,760 £1,112 22
2002£86,858 £876 25
2001£66,668 £639 28
2000£60,334 £697 19
1999£64,939 £698 23
1998£58,608 £604 18
1997£57,798 £552 33
1996£57,434 £558 16
1995£59,996 £703 18
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£244,1673
2023£565,160 £3,528 10
2022£413,906 £3,238 16
2021£487,810 £3,480 21
2020£428,656 £2,978 16
2019£408,000 £3,095 15
2018£359,628 £2,806 16
2017£425,821 £2,808 14
2016£421,000 £2,524 8
2015£339,219 £2,599 13
2014£289,208 £2,674 12
2013£383,516 £2,324 16
2012£400,772 £2,625 15
2011£301,586 £2,365 11
2010£238,316 £2,117 8
2009£303,024 £2,385 19
2008£213,500 £2,571 5
2007£286,644 £2,547 24
2006£313,753 £2,200 19
2005£273,550 £2,193 16
2004£230,692 £1,713 18
2003£269,031 £1,836 21
2002£178,954 £1,439 12
2001£203,393 £1,361 7
2000£190,400 £1,121 20
1999£139,458 £848 12
1998£135,568 £882 19
1997£133,960 £807 25
1996£122,619 £940 16
1995£121,559 £665 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£123,583 £2,011 6
2023£104,779 £1,996 7
2022£98,333 £1,995 6
2021£99,436 £1,996 10
2020£119,658 £2,184 6
2019£129,180 £2,299 5
2018£132,833 £2,353 6
2017£118,496 £2,202 12
2016£114,000 £2,188 7
2015£116,433 £2,026 9
2014£117,167 £1,759 3
2013£90,921 £1,509 7
2012£68,714 £1,293 7
2011£119,119 £2,057 8
2010£125,250 £2,326 8
2009£137,238 £2,211 4
2008£161,250 £2,248 3
2007£192,990 £2,796 10
2006£178,628 £3,427 9
2005£169,026 £2,932 18
2004£171,922 £2,920 25
2003£156,636 £2,842 40
2002£54,250 £925 4
2001£70,000 £1,077 1
2000£41,750 £685 2
1999£45,750 £759 2
1998£19,250 £437 2
1996£30,0001
1995£10,000 £161 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,0001
2023£395,000 £1,674 1
2021£280,000 £2,222 1
2020£365,0002
2018£547,500 £2,113 2
2017£9,0001
2016£1,272,663 £1,089 3
2015£145,0001

House Type in NE16 5HQ area

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

Total130
Semi-detached98
Detached24
Terraced4
Flat3
Shared house1
converted building0
commercial building0
temporary structure0

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 outright65
Owned: Owns with a mortgage or loan56
Private rented: Private landlord or letting agency3
Social rented: Other social rented2
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

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

2 people in household42
1 person in household36
4 people in household32
3 people in household17
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0