Housing Market Analysis for OAKFIELD ROAD, NE16 5JD

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £149,679 median price is £160,000 Standard Deviation is £57,100 with Total Sold: 14
    • The Last 5 Year average price is £218,625 with Total Sold: 4
    • The most recent sale happened at this postcode is 68 OAKFIELD ROAD: £265,000 (Sold on 01 Mar 2023)
    • The first recorded sale happened at this postcode is 62 OAKFIELD ROAD: £57,500 (Sold on 17 Jul 1997)
  • Detached
    • The average price is around £221,250 median price is £221,250 Standard Deviation is £43,750 with Total Sold: 2
    • The Last 5 Year average price is £221,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 78 OAKFIELD ROAD: £265,000 (Sold on 10 Mar 2021)
    • The first recorded sale happened at this postcode is 78 OAKFIELD ROAD: £177,500 (Sold on 08 Nov 2019)
  • Terraced
    • The average price is around £201,333 median price is £174,000 Standard Deviation is £56,482 with Total Sold: 3
    • The most recent sale happened at this postcode is 51 OAKFIELD ROAD: £280,000 (Sold on 12 Jun 2017)
    • The first recorded sale happened at this postcode is 51 OAKFIELD ROAD: £174,000 (Sold on 26 Jul 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5JD 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
2023£265,000 £4,274 1
2021£192,250 £2,583 2
2019£225,000 £2,922 1
2016£160,000 £2,078 1
2011£160,000 £2,520 1
2010£162,000 £2,418 1
2009£163,0001
2003£123,250 £1,953 2
2002£115,000 £1,174 1
1999£78,500 £1,244 2
1997£57,500 £653 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£265,000 £3,232 1
2019£177,500 £2,165 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£280,000 £2,859 1
2014£150,000 £1,613 1
2013£174,000 £1,777 1

All the Sales in the OAKFIELD ROAD, NE16 5JD

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

AddressSold DatePrice% Change
68 OAKFIELD ROADSemi-Detached, FreeholdArea: 62 Sq.mtrAge: 1967-197501 Mar 2023£265,00058.68%
06 Jul 2021£167,000First Sale
78 OAKFIELD ROADDetached, LeaseholdArea: 82 Sq.mtrAge: 1950-196610 Mar 2021£265,00049.30%
08 Nov 2019£177,500First Sale
62 OAKFIELD ROADSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-196626 Feb 2021£217,500278.26%
17 Jul 1997£57,500First Sale
55 OAKFIELD ROADSemi-Detached, LeaseholdArea: 77 Sq.mtrAge: 1967-197515 Apr 2019£225,00040.62%
09 Dec 2016£160,000First Sale
51 OAKFIELD ROADTerraced, LeaseholdArea: 97.92 Sq.mtrAge: 1950-196612 Jun 2017£280,00060.92%
26 Jul 2013£174,00051.30%
25 Apr 2002£115,000First Sale
61 OAKFIELD ROADTerraced, LeaseholdArea: 93 Sq.mtrAge: 1950-196624 Jul 2014£150,000First Sale
70 OAKFIELD ROADSemi-Detached, FreeholdArea: 63.5 Sq.mtrAge: 1950-196604 Mar 2011£160,00029.03%
18 Jul 2003£124,00056.96%
01 Nov 1999£79,000First Sale
64 OAKFIELD ROADSemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1950-196610 Jun 2010£162,000First Sale
72 OAKFIELD ROADSemi-Detached, Leasehold21 Sep 2009£163,000108.97%
26 Oct 1999£78,000First Sale
66 OAKFIELD ROADSemi-Detached, Leasehold29 Apr 2003£122,500First Sale

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

OAKFIELD ROAD, NE16 5JD Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £169,286 median price is £169,950 Standard Deviation is £86,496 with Total Sold: 956
    • The Last 5 Year average price is £250,011 with Total Sold: 181
    • The most recent sale happened at this postcode is , 44 ANCASTER ROAD: £380,000 (Sold on 20 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 £264,093 median price is £235,000 Standard Deviation is £159,832 with Total Sold: 440
    • The Last 5 Year average price is £387,807 with Total Sold: 83
    • 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 £163,816 median price is £170,000 Standard Deviation is £74,978 with Total Sold: 343
    • The Last 5 Year average price is £246,115 with Total Sold: 56
    • The most recent sale happened at this postcode is , 25 THORNLEY CLOSE: £260,000 (Sold on 15 Aug 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 £125,206 median price is £114,500 Standard Deviation is £68,656 with Total Sold: 54
    • The Last 5 Year average price is £158,919 with Total Sold: 8
    • 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 £123,643 median price is £120,000 Standard Deviation is £91,140 with Total Sold: 7
    • The Last 5 Year average price is £129,125 with Total Sold: 4
    • 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£256,265 £2,899 17
2023£264,323 £3,215 37
2022£259,750 £2,923 29
2021£255,185 £2,787 42
2020£229,178 £2,471 26
2019£230,213 £2,604 30
2018£246,645 £2,407 31
2017£219,788 £2,521 32
2016£193,848 £2,357 40
2015£198,537 £2,307 35
2014£221,972 £2,088 41
2013£196,802 £2,201 32
2012£206,968 £2,146 17
2011£177,655 £2,187 19
2010£187,881 £1,948 21
2009£173,648 £1,908 23
2008£178,864 £1,890 13
2007£201,780 £2,043 45
2006£193,607 £2,059 28
2005£173,581 £2,045 29
2004£176,189 £1,979 23
2003£151,184 £1,666 32
2002£123,826 £1,308 51
2001£93,022 £1,170 34
2000£88,345 £1,022 37
1999£76,800 £863 44
1998£70,557 £876 43
1997£63,516 £786 28
1996£70,575 £716 48
1995£65,367 £654 29
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£278,700 £2,942 5
2023£494,375 £3,381 8
2022£344,806 £3,120 18
2021£449,457 £3,479 23
2020£353,375 £2,828 12
2019£356,176 £2,935 17
2018£337,444 £2,684 16
2017£368,833 £2,843 15
2016£339,500 £2,581 9
2015£295,127 £2,537 11
2014£288,604 £2,624 14
2013£346,641 £2,340 16
2012£342,615 £2,636 13
2011£225,218 £2,450 11
2010£264,152 £2,182 10
2009£280,719 £2,411 16
2008£241,389 £2,424 9
2007£267,858 £2,471 25
2006£276,256 £2,312 17
2005£281,991 £2,259 17
2004£231,783 £1,907 21
2003£244,137 £1,912 23
2002£157,727 £1,430 15
2001£114,429 £1,073 7
2000£164,472 £1,015 18
1999£106,550 £908 10
1998£115,194 £845 17
1997£120,786 £781 21
1996£89,673 £768 11
1995£107,500 £742 15
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£260,417 £2,857 6
2023£287,722 £2,912 9
2022£266,639 £2,750 10
2021£230,791 £2,526 14
2020£208,583 £2,468 6
2019£225,591 £2,600 11
2018£207,328 £2,420 9
2017£227,408 £2,423 6
2016£190,917 £2,040 6
2015£234,055 £2,310 10
2014£234,718 £1,844 11
2013£184,602 £1,897 12
2012£189,619 £1,939 8
2011£192,412 £2,020 17
2010£191,375 £1,993 8
2009£177,462 £2,048 13
2008£171,400 £1,928 10
2007£208,500 £2,314 13
2006£180,534 £2,238 19
2005£164,575 £2,313 12
2004£188,643 £2,564 7
2003£149,571 £1,573 17
2002£107,089 £1,144 14
2001£91,341 £843 11
2000£78,135 £927 10
1999£82,525 £943 14
1998£70,313 £805 15
1997£72,164 £672 21
1996£61,795 £564 10
1995£67,536 £800 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£151,5002
2023£209,800 £2,342 2
2022£120,000 £2,069 1
2021£115,875 £1,662 2
2020£197,000 £2,526 1
2018£175,000 £2,542 1
2017£116,000 £1,902 1
2016£113,000 £1,823 1
2014£103,500 £1,707 3
2013£97,250 £1,533 2
2012£80,500 £1,258 1
2011£117,750 £1,899 2
2010£127,750 £2,059 2
2009£109,500 £2,017 2
2008£159,833 £1,804 3
2007£284,000 £1,748 2
2005£130,488 £1,751 4
2004£185,869 £2,866 8
2003£116,000 £1,933 1
2002£58,500 £824 1
2001£67,975 £1,288 2
2000£41,750 £685 2
1999£43,500 £989 1
1998£45,500 £433 2
1996£49,317 £718 3
1995£28,750 £490 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,0001
2022£60,750 £980 2
2021£280,000 £2,222 1
2018£195,000 £2,708 1
2017£9,0001
2015£145,0001

House Type in NE16 5JD area

The most common house types in the NE16 5JD postcode area are Semi-detached (93), Detached (30), and Terraced (2).

Total125
Semi-detached93
Detached30
Terraced2
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 (75), and Owned: Owns with a mortgage or loan (42).

Owned: Owns outright75
Owned: Owns with a mortgage or loan42
Private rented: Other private rented3
Social rented: Rents from council or Local Authority2
Social rented: Other social rented1
Private rented: Private landlord or letting agency1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE16 5JD have 2 people in household (44), and 1 person in household (36).

2 people in household44
1 person in household36
4 people in household23
3 people in household19
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0