Housing Market Analysis for ELM STREET, NE16 5LS

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

Overview of Sold House prices

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

Terraced
- The average price is around £72,746 median price is £75,625 Standard Deviation is £30,569 with Total Sold: 56
- The Last 5 Year average price is £114,100 with Total Sold: 5
- The most recent sale happened at this postcode is 2 ELM STREET: £146,000 (Sold on 30 Aug 2023)
- The first recorded sale happened at this postcode is 7 ELM STREET: £37,950 (Sold on 27 Jan 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5LS 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
2023	£146,000		1
2022	£130,000	£1,461	1
2021	£93,000	£959	1
2019	£100,750	£1,151	2
2018	£105,833	£1,113	3
2017	£113,500	£752	1
2015	£98,500	£1,119	1
2013	£100,750	£886	2
2012	£50,000	£515	1
2011	£82,000	£543	1
2008	£109,000	£1,240	2
2007	£104,000	£1,129	3
2006	£88,000	£812	2
2005	£83,362	£933	4
2004	£79,488	£867	4
2003	£72,240	£793	5
2002	£56,350	£636	4
2001	£44,721	£412	6
1999	£38,360	£401	5
1998	£37,500		1
1997	£36,225	£284	2
1996	£32,375	£319	2
1995	£30,725	£431	2

All the Sales in the ELM STREET, NE16 5LS

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

Address	Sold Date	Price	% Change
2 ELM STREETTerraced, Freehold	30 Aug 2023	£146,000	28.63%
	08 Nov 2017	£113,500	4.13%
	25 Oct 2013	£109,000	32.93%
	04 Feb 2011	£82,000	69.25%
	02 Mar 2001	£48,450	10.24%
	01 Sep 1999	£43,950	2.33%
	01 Aug 1997	£42,950	First Sale
3 ELM STREETTerraced, FreeholdArea: 89 Sq.mtrAge: 1900-1929	20 Jul 2022	£130,000	13.04%
	16 Nov 2018	£115,000	11.11%
	14 May 2007	£103,500	52.21%
	24 Jan 2003	£68,000	First Sale
28 ELM STREETTerraced, FreeholdArea: 97 Sq.mtrAge: 1900-1929	19 Feb 2021	£93,000	86.00%
	26 Sep 2012	£50,000	First Sale
19 ELM STREETTerraced, FreeholdArea: 87 Sq.mtrAge: before 1900	30 Aug 2019	£98,000	-14.78%
	27 May 2008	£115,000	228.57%
	06 Mar 2002	£35,000	First Sale
7 ELM STREETTerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	07 Mar 2019	£103,500	0.49%
	05 Aug 2005	£103,000	58.46%
	28 Feb 2003	£65,000	65.18%
	14 May 1999	£39,350	3.69%
	27 Jan 1995	£37,950	First Sale
30 ELM STREETTerraced, FreeholdArea: 99 Sq.mtrAge: 1900-1929	20 Dec 2018	£124,000	57.96%
	02 Mar 2018	£78,500	4.67%
	21 Jan 2004	£75,000	First Sale
21 ELM STREETTerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	02 Mar 2015	£98,500	14.53%
	16 Aug 2004	£86,000	109.37%
	10 Dec 2001	£41,076	First Sale
5 ELM STREETTerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	28 Oct 2013	£92,500	20.13%
5 ELM STREETTerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	12 Nov 2003	£77,000	First Sale
14 ELM STREETTerraced, FreeholdArea: 89 Sq.mtrAge: 1900-1929	19 Dec 2008	£103,000	68.85%
	05 Apr 2002	£61,000	First Sale
22 ELM STREETTerraced, Freehold	23 Nov 2007	£111,000	45.57%
	29 Aug 2003	£76,250	158.47%
	06 Jun 1997	£29,500	First Sale
18 ELM STREETTerraced, FreeholdArea: 89 Sq.mtrAge: 1900-1929	30 May 2007	£97,500	144.06%
	31 Aug 2001	£39,950	First Sale
26 ELM STREETTerraced, FreeholdArea: 95 Sq.mtrAge: 1900-1929	29 Aug 2006	£88,000	95.56%
	21 Sep 2005	£45,000	First Sale
12 ELM STREETTerraced, FreeholdArea: 126 Sq.mtrAge: before 1900	21 Jul 2006	£88,000	First Sale
6 ELM STREETTerraced, Freehold	30 Sep 2005	£87,500	13.64%
6 ELM STREETTerraced, Freehold	26 Aug 2004	£77,000	First Sale
17 ELM STREETTerraced, FreeholdArea: 84.75 Sq.mtrAge: before 1900	19 Apr 2005	£97,950	41.04%
	30 Sep 2002	£69,450	75.82%
	16 Dec 1999	£39,500	46.30%
	19 Aug 1996	£27,000	First Sale
15 ELM STREETTerraced, Freehold	02 Apr 2004	£79,950	77.86%
	10 Aug 2001	£44,950	19.87%
	24 Apr 1998	£37,500	First Sale
23 ELM STREETTerraced, Freehold	15 Jul 2003	£74,950	25.02%
	16 May 2002	£59,950	15.40%
	04 May 2001	£51,950	First Sale
11 ELM STREETTerraced, Freehold	24 Aug 2001	£41,950	37.54%
11 ELM STREETTerraced, Freehold	20 Aug 1999	£30,500	First Sale
4 ELM STREETTerraced, Freehold	03 Dec 1999	£38,500	First Sale
8 ELM STREETTerraced, Freehold	28 Jun 1996	£37,750	First Sale
13 ELM STREETTerraced, Freehold	27 Oct 1995	£23,500	First Sale

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

ELM STREET, NE16 5LS Near By properties

Interactive Map

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

Terraced
- The average price is around £94,328 median price is £96,250 Standard Deviation is £43,181 with Total Sold: 700
- The Last 5 Year average price is £136,973 with Total Sold: 107
- The most recent sale happened at this postcode is , 171 KINGSWAY: £162,000 (Sold on 25 Jun 2024)
- The first recorded sale happened at this postcode is , 163 KINGSWAY: £42,000 (Sold on 27 Jan 1995)
Detached
- The average price is around £246,485 median price is £225,000 Standard Deviation is £123,914 with Total Sold: 292
- The Last 5 Year average price is £347,565 with Total Sold: 113
- 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 £119,644 median price is £110,000 Standard Deviation is £62,102 with Total Sold: 468
- The Last 5 Year average price is £173,008 with Total Sold: 66
- 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)
Flat
- The average price is around £65,781 median price is £67,500 Standard Deviation is £22,842 with Total Sold: 145
- The Last 5 Year average price is £77,817 with Total Sold: 18
- 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 £327,865 median price is £130,000 Standard Deviation is £819,938 with Total Sold: 17
- The Last 5 Year average price is £123,250 with Total Sold: 10
- 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£179,625	£2,311	8
2023	£157,700	£1,967	15
2022	£130,893	£1,497	14
2021	£141,698	£1,785	26
2020	£135,238	£1,705	21
2019	£108,565	£1,354	23
2018	£113,990	£1,315	21
2017	£122,818	£1,686	22
2016	£112,870	£1,502	22
2015	£107,889	£1,430	18
2014	£115,895	£1,428	21
2013	£102,302	£1,442	22
2012	£115,570	£1,379	20
2011	£104,571	£1,190	12
2010	£110,562	£1,598	12
2009	£120,021	£1,466	21
2008	£120,497	£1,521	18
2007	£120,457	£1,510	38
2006	£113,636	£1,525	29
2005	£106,369	£1,321	24
2004	£103,660	£1,394	31
2003	£79,905	£942	32
2002	£68,599	£899	35
2001	£55,144	£662	40
2000	£48,147	£685	29
1999	£47,042	£514	26
1998	£46,943	£670	23
1997	£39,685	£483	23
1996	£42,363	£434	19
1995	£39,027	£558	35

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£335,333	£2,933	6
2023	£361,708	£2,442	12
2022	£366,499	£2,813	8
2021	£352,913	£3,066	30
2020	£349,282	£2,895	37
2019	£323,978	£2,681	20
2018	£284,992	£2,165	6
2017	£169,700	£2,225	5
2016	£219,917	£1,653	6
2015	£224,167	£2,070	6
2014	£253,611	£2,239	9
2013	£295,988	£2,071	8
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	£250,182	£1,747	11
2006	£234,500	£1,565	4
2005	£179,500	£1,520	4
2004	£214,000	£1,949	8
2003	£181,714	£1,469	7
2002	£142,031	£1,366	13
2001	£157,497	£1,207	15
2000	£115,778	£842	9
1999	£110,326	£949	12
1998	£90,212	£1,024	13
1997	£79,417	£657	3
1996	£112,833	£623	9
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	£165,958	£1,819	12
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	£136,027	£1,615	15
2007	£158,229	£1,830	24
2006	£130,036	£1,341	14
2005	£133,556	£1,520	17
2004	£132,386	£1,674	33
2003	£113,050	£1,239	17
2002	£87,816	£1,017	25
2001	£66,531	£871	18
2000	£64,857	£740	14
1999	£61,254	£640	27
1998	£56,615	£614	23
1997	£57,008	£587	18
1996	£43,095	£541	13
1995	£52,042	£619	19

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	£65,643	£1,312	7
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	£145,000	£1,691	3
2022	£113,750	£1,477	2
2020	£140,000	£1,970	2
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 5LS area

The most common house types in the NE16 5LS postcode area are Semi-detached (64), Terraced (38), and Detached (10).

Total	113
Semi-detached	64
Terraced	38
Detached	10
Shared house	1
Flat	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 with a mortgage or loan (45), and Owned: Owns outright (36).

Owned: Owns with a mortgage or loan	45
Owned: Owns outright	36
Social rented: Rents from council or Local Authority	17
Private rented: Private landlord or letting agency	12
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE16 5LS have 1 person in household (38), and 2 people in household (33).

1 person in household	38
2 people in household	33
3 people in household	28
4 people in household	9
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0