Housing Market Analysis for SUN STREET, NE16 5LR

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

Overview of Sold House prices

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

Terraced
- The average price is around £64,661 median price is £61,500 Standard Deviation is £22,146 with Total Sold: 18
- The Last 5 Year average price is £108,000 with Total Sold: 1
- The most recent sale happened at this postcode is 1 SUN STREET: £108,000 (Sold on 28 Aug 2020)
- The first recorded sale happened at this postcode is 9 SUN STREET: £30,000 (Sold on 26 Sep 1995)
Other
- The average price is around £155,550 median price is £155,550 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 13 SUN STREET: £155,550 (Sold on 01 May 2015)
- The first recorded sale happened at this postcode is 13 SUN STREET: £155,550 (Sold on 01 May 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5LR 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£108,000	£1,213	1
2017	£88,500	£994	1
2016	£74,500	£862	2
2014	£70,000	£795	1
2012	£85,000	£955	1
2008	£54,500		1
2005	£99,950	£1,123	1
2003	£68,317	£727	3
2002	£62,000	£697	1
2001	£50,000		1
2000	£37,000		1
1999	£45,000	£311	2
1997	£35,000		1
1995	£30,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£155,550		1

All the Sales in the SUN STREET, NE16 5LR

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

Address	Sold Date	Price	% Change
1 SUN STREETTerraced, FreeholdArea: 89 Sq.mtrAge: 1900-1929	28 Aug 2020	£108,000	22.03%
	28 Jul 2017	£88,500	4.12%
	31 Aug 2012	£85,000	-14.96%
	31 Mar 2005	£99,950	17.66%
	25 Nov 2003	£84,950	37.02%
	12 Sep 2002	£62,000	First Sale
7 SUN STREETTerraced, Freehold	27 Oct 2016	£74,000	25.42%
7 SUN STREETTerraced, Freehold	02 May 2003	£59,000	First Sale
3 SUN STREETTerraced, FreeholdArea: 87 Sq.mtrAge: 1900-1929	24 Mar 2016	£75,000	First Sale
13 SUN STREETOther, Freehold	01 May 2015	£155,550	First Sale
8 SUN STREETTerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	14 Feb 2014	£70,000	First Sale
10 SUN STREETTerraced, Freehold	26 Feb 2008	£54,500	First Sale
2 SUN STREETTerraced, FreeholdArea: 122 Sq.mtrAge: 1900-1929	21 Mar 2003	£61,000	60.53%
	03 Dec 1999	£38,000	First Sale
9 SUN STREETTerraced, Freehold	14 Dec 2001	£50,000	66.67%
9 SUN STREETTerraced, Freehold	26 Sep 1995	£30,000	First Sale
5 SUN STREETTerraced, Freehold	28 Apr 2000	£37,000	5.71%
5 SUN STREETTerraced, Freehold	28 Jan 1997	£35,000	First Sale
12 SUN STREETTerraced, Freehold	08 Jul 1999	£52,000	First Sale

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

SUN STREET, NE16 5LR Near By properties

Interactive Map

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

Detached
- The average price is around £248,115 median price is £228,975 Standard Deviation is £124,470 with Total Sold: 304
- The Last 5 Year average price is £352,467 with Total Sold: 97
- The most recent sale happened at this postcode is , 4 LILY CLOSE: £475,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is , 21 BURDON PARK: £90,000 (Sold on 27 Feb 1995)
Semi-Detached
- The average price is around £120,107 median price is £110,000 Standard Deviation is £62,581 with Total Sold: 464
- The Last 5 Year average price is £172,343 with Total Sold: 57
- The most recent sale happened at this postcode is , 11 CORONATION AVENUE: £105,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 5 BURDON LODGE: £47,000 (Sold on 20 Jan 1995)
Terraced
- The average price is around £94,294 median price is £95,000 Standard Deviation is £43,802 with Total Sold: 647
- The Last 5 Year average price is £144,839 with Total Sold: 80
- The most recent sale happened at this postcode is , 8 ALEXANDRA TERRACE: £155,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 7 ELM STREET: £37,950 (Sold on 27 Jan 1995)
Flat
- The average price is around £65,422 median price is £67,250 Standard Deviation is £22,509 with Total Sold: 144
- The Last 5 Year average price is £77,327 with Total Sold: 13
- The most recent sale happened at this postcode is , 15 CALDER WALK: £88,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 19 CALDER WALK: £36,500 (Sold on 27 Mar 1995)
Other
- The average price is around £346,688 median price is £147,500 Standard Deviation is £818,852 with Total Sold: 17
- The Last 5 Year average price is £181,562 with Total Sold: 8
- The most recent sale happened at this postcode is , CHEVIOT VIEW STREETGATE: £190,000 (Sold on 03 May 2024)
- The first recorded sale happened at this postcode is , 13 SUN STREET: £155,550 (Sold on 01 May 2015)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£335,333	£2,933	6
2023	£358,179	£2,456	14
2022	£366,499	£2,813	8
2021	£352,913	£3,066	30
2020	£349,832	£2,851	39
2019	£323,978	£2,681	20
2018	£284,992	£2,165	6
2017	£208,083	£2,215	6
2016	£219,917	£1,653	6
2015	£225,000	£2,005	5
2014	£251,136	£2,176	11
2013	£300,878	£2,043	9
2012	£236,414	£1,955	7
2011	£302,238	£1,956	4
2010	£227,458	£1,889	6
2009	£187,500	£1,902	2
2008	£205,167	£1,617	6
2007	£262,077	£1,822	13
2006	£234,500	£1,565	4
2005	£179,500	£1,520	4
2004	£214,000	£1,949	8
2003	£181,333	£1,328	9
2002	£142,031	£1,366	13
2001	£159,925	£1,207	14
2000	£115,778	£842	9
1999	£110,326	£949	12
1998	£90,212	£1,024	13
1997	£79,417	£657	3
1996	£107,591	£623	11
1995	£99,575	£609	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£169,658	£1,563	6
2023	£169,423	£2,282	13
2022	£178,778	£2,156	9
2021	£177,224	£2,124	12
2020	£168,670	£2,008	17
2019	£177,221	£2,033	9
2018	£149,000	£1,710	13
2017	£150,657	£1,698	22
2016	£121,608	£1,496	18
2015	£157,269	£1,705	13
2014	£162,930	£1,612	16
2013	£172,423	£1,789	13
2012	£124,377	£1,416	9
2011	£165,575	£1,645	6
2010	£156,944	£1,572	9
2009	£130,643	£1,594	7
2008	£139,338	£1,615	16
2007	£158,568	£1,818	22
2006	£130,036	£1,341	14
2005	£134,403	£1,499	16
2004	£132,386	£1,674	33
2003	£111,369	£1,239	16
2002	£87,816	£1,017	25
2001	£66,531	£871	18
2000	£64,038	£740	13
1999	£61,254	£640	27
1998	£56,615	£614	23
1997	£57,008	£587	18
1996	£43,095	£541	13
1995	£51,711	£619	18

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£182,143	£2,311	7
2023	£157,700	£1,967	15
2022	£130,893	£1,497	14
2021	£141,365	£1,787	25
2020	£135,789	£1,684	19
2019	£107,048	£1,305	21
2018	£113,940	£1,294	20
2017	£123,684	£1,673	19
2016	£111,179	£1,443	19
2015	£106,125	£1,384	16
2014	£116,115	£1,419	20
2013	£101,166	£1,421	19
2012	£115,570	£1,379	20
2011	£104,571	£1,190	12
2010	£111,250	£1,605	11
2009	£121,025	£1,420	18
2008	£119,997	£1,521	17
2007	£120,469	£1,480	35
2006	£113,123	£1,506	28
2005	£105,559	£1,321	23
2004	£102,794	£1,341	27
2003	£79,905	£942	32
2002	£68,906	£891	31
2001	£54,866	£635	35
2000	£47,866	£678	28
1999	£46,879	£498	24
1998	£46,850	£671	22
1997	£39,288	£453	20
1996	£42,363	£434	19
1995	£38,516	£545	31

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£88,000		1
2023	£72,188	£1,417	4
2022	£76,667	£1,429	3
2021	£90,000	£1,667	1
2020	£77,125	£1,494	4
2019	£79,090	£1,495	5
2018	£76,817	£1,471	3
2017	£71,200	£1,305	5
2016	£85,000	£1,667	1
2015	£78,167	£1,505	3
2014	£57,000	£1,241	6
2013	£68,658	£1,440	6
2012	£69,125	£1,428	4
2011	£70,000	£1,216	2
2010	£69,983	£1,452	3
2009	£67,000	£1,797	1
2008	£94,633	£1,742	3
2007	£94,056	£1,695	8
2006	£87,600	£1,858	5
2005	£89,175	£1,688	14
2004	£75,900	£1,612	4
2003	£65,463	£1,243	12
2002	£55,911	£1,054	9
2001	£39,894	£693	9
2000	£38,500	£740	1
1999	£37,106	£672	8
1998	£36,450	£709	6
1997	£36,750	£628	4
1996	£34,250	£678	2
1995	£31,850	£606	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£190,000		1
2023	£221,250	£1,691	4
2022	£113,750	£1,477	2
2020	£150,000		1
2019	£50,000		2
2018	£1,313,333	£30,769	3
2017	£120,000	£1,791	2
2016	£5,650	£50	1
2015	£155,550		1

House Type in NE16 5LR area

The most common house types in the NE16 5LR postcode area are Terraced (64), Semi-detached (29), and Flat (28).

Total	142
Terraced	64
Semi-detached	29
Flat	28
Detached	16
commercial building	4
Shared house	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (55), and Social rented: Other social rented (30).

Owned: Owns outright	55
Social rented: Other social rented	30
Owned: Owns with a mortgage or loan	26
Private rented: Private landlord or letting agency	19
Social rented: Rents from council or Local Authority	6
Shared ownership: Shared ownership	3
Private rented: Other private rented	2
Lives rent free	2
Does not apply	0

Number of People in a Household

The most houses in the NE16 5LR have 1 person in household (71), and 2 people in household (46).

1 person in household	71
2 people in household	46
3 people in household	15
4 people in household	8
5 people in household	1
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0