Housing Market Analysis for NE16 5LA

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NE16 5LA 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.

    All the Sales in the NE16 5LA

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

    AddressSold DatePrice% Change

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

    NE16 5LA Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £121,358 median price is £127,500 Standard Deviation is £45,319 with Total Sold: 72
      • The Last 5 Year average price is £155,770 with Total Sold: 14
      • The most recent sale happened at this postcode is , 39 BUSTY BANK: £166,000 (Sold on 14 Jun 2024)
      • The first recorded sale happened at this postcode is , 19 RAGLAN PLACE: £45,750 (Sold on 07 Apr 1995)
    • Terraced
      • The average price is around £95,525 median price is £90,000 Standard Deviation is £57,788 with Total Sold: 219
      • The Last 5 Year average price is £147,851 with Total Sold: 30
      • The most recent sale happened at this postcode is , 6 GROVE TERRACE: £168,000 (Sold on 10 Jun 2024)
      • The first recorded sale happened at this postcode is , 9 COOPERATIVE TERRACE: £51,000 (Sold on 27 Jan 1995)
    • Flat
      • The average price is around £126,941 median price is £123,500 Standard Deviation is £61,127 with Total Sold: 32
      • The Last 5 Year average price is £142,409 with Total Sold: 11
      • The most recent sale happened at this postcode is , 15 ANDERSON COURT: £205,000 (Sold on 14 Apr 2024)
      • The first recorded sale happened at this postcode is , HALFACRES FRONT STREET: £30,000 (Sold on 22 Apr 1996)
    • Other
      • The average price is around £406,827 median price is £120,000 Standard Deviation is £545,588 with Total Sold: 11
      • The Last 5 Year average price is £344,889 with Total Sold: 9
      • The most recent sale happened at this postcode is UNIT 4, OLD CO-OP BUILDINGS FRONT STREET: £85,000 (Sold on 30 Jun 2023)
      • The first recorded sale happened at this postcode is , THE PACK HORSE INN : £1,368,894 (Sold on 11 Dec 2017)
    • Detached
      • The average price is around £186,574 median price is £180,000 Standard Deviation is £82,963 with Total Sold: 134
      • The Last 5 Year average price is £256,404 with Total Sold: 23
      • The most recent sale happened at this postcode is , 49 OAKFIELDS: £230,000 (Sold on 30 Jun 2023)
      • The first recorded sale happened at this postcode is , 61 OAKFIELDS: £105,000 (Sold on 31 Mar 1995)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£179,2502
    2023£158,750 £1,695 2
    2021£172,569 £1,744 4
    2020£132,500 £2,121 5
    2019£152,000 £1,652 1
    2018£146,200 £1,685 5
    2017£121,000 £1,616 2
    2015£110,333 £1,309 3
    2014£126,000 £1,401 4
    2013£136,500 £2,050 2
    2012£114,000 £1,334 1
    2011£138,500 £1,505 1
    2010£135,000 £1,614 2
    2009£140,500 £1,582 2
    2008£112,0001
    2007£176,380 £1,998 5
    2006£146,167 £2,029 6
    2005£40,000 £180 1
    2004£132,317 £1,229 3
    2003£97,833 £1,285 3
    2002£117,5002
    2001£55,333 £632 3
    2000£68,975 £1,031 2
    1999£49,2502
    1998£48,500 £432 2
    1997£57,750 £643 4
    1995£52,850 £436 2
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£145,0002
    2023£166,000 £1,266 2
    2022£160,253 £1,674 7
    2021£145,200 £1,497 5
    2020£125,639 £1,635 9
    2019£167,000 £1,565 5
    2018£108,000 £1,383 3
    2017£104,909 £1,401 11
    2016£141,990 £1,384 5
    2015£139,083 £1,487 6
    2014£131,272 £1,324 9
    2013£78,250 £1,122 2
    2012£101,333 £1,068 3
    2011£116,500 £1,626 3
    2010£100,000 £1,389 1
    2009£121,607 £1,220 7
    2008£100,483 £1,551 6
    2007£102,345 £1,521 10
    2006£139,445 £1,683 11
    2005£139,075 £1,197 10
    2004£119,955 £1,479 11
    2003£85,715 £977 13
    2002£61,621 £758 14
    2001£49,415 £642 12
    2000£52,071 £620 7
    1999£38,550 £449 8
    1998£42,018 £469 10
    1997£37,012 £479 12
    1996£30,270 £425 10
    1995£47,800 £403 5
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£205,0001
    2023£197,333 £1,241 3
    2022£205,000 £2,030 1
    2021£54,750 £741 2
    2020£125,0001
    2019£110,000 £1,437 3
    2018£175,667 £1,315 3
    2017£149,988 £1,646 4
    2016£145,000 £1,430 3
    2015£116,667 £1,182 3
    2014£90,666 £1,591 1
    2012£115,000 £2,018 1
    2008£101,667 £885 3
    2000£8,500 £155 1
    1997£34,500 £341 1
    1996£30,000 £135 1
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£101,6673
    2021£365,000 £13,068 2
    2020£29,0001
    2019£680,000 £1,033 3
    2018£2,2001
    2017£1,368,8941
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£253,5002
    2022£258,333 £2,592 3
    2021£255,125 £2,324 8
    2020£258,717 £2,210 6
    2019£255,500 £2,580 4
    2018£217,800 £1,631 5
    2017£242,917 £2,137 6
    2016£201,833 £1,935 6
    2015£203,889 £2,079 9
    2014£183,438 £1,761 8
    2013£215,000 £1,991 1
    2012£240,625 £1,706 4
    2011£208,500 £1,512 2
    2010£311,833 £1,936 3
    2009£232,019 £1,997 4
    2008£228,978 £2,180 2
    2007£250,775 £1,168 4
    2006£222,500 £2,104 6
    2005£189,875 £2,095 4
    2004£165,000 £1,793 1
    2003£178,667 £1,335 3
    2002£141,065 £1,381 10
    2001£112,083 £970 6
    2000£90,475 £1,040 2
    1999£89,062 £889 8
    1998£72,700 £706 5
    1997£98,738 £709 4
    1996£65,833 £550 3
    1995£79,290 £770 5

    House Type in NE16 5LA area

    The most common house types in the NE16 5LA postcode area are Semi-detached (93), Detached (52), and Terraced (11).

    Total156
    Semi-detached93
    Detached52
    Terraced11
    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 with a mortgage or loan (67), and Owned: Owns outright (52).

    Owned: Owns with a mortgage or loan67
    Owned: Owns outright52
    Social rented: Rents from council or Local Authority20
    Private rented: Private landlord or letting agency11
    Private rented: Other private rented6
    Social rented: Other social rented1
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NE16 5LA have 2 people in household (46), and 1 person in household (40).

    2 people in household46
    1 person in household40
    3 people in household31
    4 people in household26
    5 people in household5
    6 people in household4
    7 people in household2
    8 or more people in household1
    0 people in household0