Housing Market Analysis for ELM STREET WEST, NE16 5LT

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £98,498 median price is £99,975 Standard Deviation is £44,272 with Total Sold: 20
    • The Last 5 Year average price is £143,875 with Total Sold: 4
    • The most recent sale happened at this postcode is 14 ELM STREET WEST: £140,000 (Sold on 21 Dec 2023)
    • The first recorded sale happened at this postcode is 3 ELM STREET WEST: £142,500 (Sold on 04 Oct 2023)
  • Terraced
    • The average price is around £89,967 median price is £89,950 Standard Deviation is £29,664 with Total Sold: 6
    • The Last 5 Year average price is £120,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 11 ELM STREET WEST: £120,000 (Sold on 09 Dec 2021)
    • The first recorded sale happened at this postcode is 14 ELM STREET WEST: £36,950 (Sold on 06 Jun 1997)
  • Detached
    • The average price is around £74,000 median price is £74,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is ASHLEIGH ELM STREET WEST: £74,000 (Sold on 30 Oct 2000)
    • The first recorded sale happened at this postcode is ASHLEIGH ELM STREET WEST: £74,000 (Sold on 30 Oct 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5LT 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£141,2502
2020£146,500 £1,742 2
2018£83,225 £1,203 2
2017£111,500 £1,289 2
2016£124,250 £1,372 2
2014£96,000 £1,352 1
2012£115,000 £966 1
2007£142,0001
2006£114,0001
1999£42,250 £679 2
1997£46,750 £539 2
1996£55,750 £542 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£120,000 £2,427 1
2013£78,000 £1,577 1
2012£79,950 £1,126 1
2007£124,950 £2,527 1
2006£99,950 £2,021 1
1997£36,950 £536 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2000£74,000 £532 1

All the Sales in the ELM STREET WEST, NE16 5LT

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

AddressSold DatePrice% Change
14 ELM STREET WESTSemi-Detached, Freehold21 Dec 2023£140,00040.00%
04 Aug 2017£100,00052.67%
15 Jan 2016£65,50077.27%
06 Jun 1997£36,950First Sale
11 ELM STREET WESTTerraced, FreeholdArea: 49.45 Sq.mtrAge: 1950-196609 Dec 2021£120,00053.85%
16 Dec 2013£78,000-37.58%
06 Sep 2007£124,95025.01%
18 Aug 2006£99,950First Sale
7 ELM STREET WESTSemi-Detached, FreeholdArea: 119 Sq.mtrAge: 1950-196620 Nov 2020£185,00060.87%
28 Jun 2012£115,00078.29%
06 Sep 1996£64,500First Sale
16 ELM STREET WESTSemi-Detached, FreeholdArea: 56 Sq.mtrAge: 1930-194916 Jul 2020£108,00062.41%
29 Nov 2018£66,50075.00%
15 Jan 1999£38,000First Sale
3 ELM STREET WESTSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-196615 Oct 2018£99,950-29.86%
04 Oct 2023£142,500First Sale
6 ELM STREET WESTSemi-Detached, FreeholdArea: 109 Sq.mtrAge: 1930-194931 Mar 2017£123,000First Sale
8 ELM STREET WESTSemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1900-192926 Sep 2016£183,000226.79%
14 Feb 1997£56,000First Sale
13 ELM STREET WESTSemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1930-194908 Aug 2014£96,00020.08%
28 Sep 2012£79,950113.20%
29 Aug 1997£37,500First Sale
5 ELM STREET WESTSemi-Detached, Freehold12 Jan 2007£142,000205.38%
25 Jan 1999£46,500-1.06%
13 Dec 1996£47,000First Sale
12 ELM STREET WESTSemi-Detached, Freehold16 Jan 2006£114,000First Sale
ASHLEIGH ELM STREET WESTDetached, FreeholdArea: 139 Sq.mtrAge: 1950-196630 Oct 2000£74,000First Sale

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

ELM STREET WEST, NE16 5LT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE16 5LT 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 5LT 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 £249,093 median price is £231,000 Standard Deviation is £124,650 with Total Sold: 258
    • The Last 5 Year average price is £349,494 with Total Sold: 107
    • 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 £119,173 median price is £110,000 Standard Deviation is £62,049 with Total Sold: 457
    • 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 £336,481 median price is £130,000 Standard Deviation is £844,426 with Total Sold: 16
    • The Last 5 Year average price is £115,833 with Total Sold: 9
    • The most recent sale happened at this postcode is , 2 CORONATION ROAD: £230,000 (Sold on 31 Aug 2023)
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£335,333 £2,933 6
2023£336,438 £2,597 8
2022£366,499 £2,813 8
2021£352,913 £3,066 30
2020£361,623 £2,861 36
2019£323,924 £2,724 19
2018£283,990 £2,264 5
2017£169,700 £2,225 5
2016£207,000 £1,247 3
2015£261,667 £2,005 3
2014£254,643 £2,271 7
2013£272,992 £2,178 6
2012£234,150 £2,000 6
2011£219,650 £1,956 3
2010£227,458 £1,889 6
2009£187,500 £1,902 2
2008£205,167 £1,617 6
2007£266,200 £1,973 10
2006£217,667 £1,484 3
2005£179,500 £1,520 4
2004£214,000 £1,949 8
2003£174,600 £1,469 5
2002£136,940 £1,544 10
2001£164,079 £1,257 12
2000£105,562 £836 8
1999£110,326 £949 12
1998£92,977 £1,024 11
1997£108,312 £665 4
1996£101,250 £567 6
1995£92,075 £499 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
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£146,417 £1,701 12
2017£150,657 £1,698 22
2016£121,608 £1,496 18
2015£157,269 £1,705 13
2014£160,459 £1,612 15
2013£159,955 £1,796 11
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£128,348 £1,649 31
2003£113,050 £1,239 17
2002£87,308 £1,018 24
2001£64,738 £872 17
2000£65,231 £740 13
1999£58,994 £632 25
1998£56,615 £614 23
1997£57,008 £587 18
1996£43,095 £541 13
1995£49,766 £619 18
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£88,0001
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£145,000 £1,691 3
2022£113,750 £1,477 2
2020£140,000 £1,970 2
2019£50,0002
2018£1,313,333 £30,769 3
2017£120,000 £1,791 2
2016£5,650 £50 1
2015£155,5501

House Type in NE16 5LT area

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

Total113
Semi-detached64
Terraced38
Detached10
Shared house1
Flat0
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 (45), and Owned: Owns outright (36).

Owned: Owns with a mortgage or loan45
Owned: Owns outright36
Social rented: Rents from council or Local Authority17
Private rented: Private landlord or letting agency12
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

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

1 person in household38
2 people in household33
3 people in household28
4 people in household9
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0