Housing Market Analysis for RAVENSWORTH TERRACE, NE16 5LW

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £280,167 median price is £187,000 Standard Deviation is £148,684 with Total Sold: 3
    • The Last 5 Year average price is £187,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 RAVENSWORTH TERRACE: £187,000 (Sold on 30 Sep 2019)
    • The first recorded sale happened at this postcode is 5 RAVENSWORTH TERRACE: £163,500 (Sold on 27 May 2005)
  • Terraced
    • The average price is around £64,500 median price is £50,000 Standard Deviation is £34,173 with Total Sold: 9
    • The most recent sale happened at this postcode is 1 RAVENSWORTH TERRACE: £135,000 (Sold on 17 Oct 2018)
    • The first recorded sale happened at this postcode is 2 RAVENSWORTH TERRACE: £30,000 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £152,500 median price is £152,500 Standard Deviation is £25,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 6 RAVENSWORTH TERRACE: £177,500 (Sold on 02 Feb 2007)
    • The first recorded sale happened at this postcode is 6 RAVENSWORTH TERRACE: £127,500 (Sold on 13 Jul 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5LW 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£187,000 £1,438 1
2014£490,000 £2,000 1
2005£163,500 £1,258 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£135,000 £1,555 1
2017£90,5002
2002£78,000 £899 1
2000£50,0001
1998£42,5001
1997£34,0001
1996£30,0001
1995£30,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£177,5001
2003£127,5001

All the Sales in the RAVENSWORTH TERRACE, NE16 5LW

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

AddressSold DatePrice% Change
5 RAVENSWORTH TERRACEDetached, FreeholdArea: 130 Sq.mtrAge: 1996-200230 Sep 2019£187,00014.37%
27 May 2005£163,500First Sale
1 RAVENSWORTH TERRACETerraced, FreeholdArea: 86.8 Sq.mtrAge: 1900-192917 Oct 2018£135,00073.08%
18 Oct 2002£78,000First Sale
3 RAVENSWORTH TERRACETerraced, Freehold03 Oct 2017£91,000167.65%
15 Aug 1997£34,00013.33%
30 Aug 1996£30,000First Sale
4 RAVENSWORTH TERRACETerraced, Freehold18 Aug 2017£90,000First Sale
RAVENSWORTH HOUSE RAVENSWORTH TERRACEDetached, FreeholdArea: 245 Sq.mtrAge: 2007 onwards11 Nov 2014£490,000First Sale
6 RAVENSWORTH TERRACESemi-Detached, Freehold02 Feb 2007£177,50039.22%
13 Jul 2003£127,500First Sale
2 RAVENSWORTH TERRACETerraced, Freehold27 Oct 2000£50,00017.65%
29 May 1998£42,50041.67%
31 Mar 1995£30,000First Sale

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

RAVENSWORTH TERRACE, NE16 5LW Near By properties

Interactive Map

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

  • Detached
    • The average price is around £248,312 median price is £230,000 Standard Deviation is £122,848 with Total Sold: 265
    • The Last 5 Year average price is £348,564 with Total Sold: 108
    • 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 £120,934 median price is £112,000 Standard Deviation is £62,513 with Total Sold: 399
    • The Last 5 Year average price is £170,534 with Total Sold: 60
    • 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 £94,970 median price is £95,000 Standard Deviation is £45,852 with Total Sold: 501
    • The Last 5 Year average price is £137,487 with Total Sold: 83
    • 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)
  • Other
    • The average price is around £399,850 median price is £150,000 Standard Deviation is £925,382 with Total Sold: 13
    • The Last 5 Year average price is £122,500 with Total Sold: 9
    • 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)
  • Flat
    • The average price is around £60,467 median price is £59,600 Standard Deviation is £22,584 with Total Sold: 47
    • The Last 5 Year average price is £80,425 with Total Sold: 4
    • The most recent sale happened at this postcode is , 5 PRINN PLACE: £52,000 (Sold on 14 Jul 2023)
    • The first recorded sale happened at this postcode is , 6 WASKERLEY CLOSE: £34,500 (Sold on 03 Nov 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£335,333 £2,933 6
2023£339,050 £2,448 10
2022£377,428 £2,842 7
2021£352,913 £3,066 30
2020£358,098 £2,895 35
2019£323,978 £2,681 20
2018£284,992 £2,165 6
2017£169,700 £2,225 5
2016£219,900 £1,584 5
2015£261,667 £2,005 3
2014£254,643 £2,271 7
2013£272,992 £2,178 6
2012£236,414 £1,955 7
2011£204,500 £2,028 2
2010£227,458 £1,889 6
2009£187,500 £1,902 2
2008£205,167 £1,617 6
2007£266,111 £1,981 9
2006£234,500 £1,565 4
2005£179,500 £1,520 4
2004£214,000 £1,949 8
2003£174,600 £1,469 5
2002£139,491 £1,544 11
2001£162,227 £1,207 13
2000£105,562 £836 8
1999£114,720 £1,016 11
1998£92,977 £1,024 11
1997£79,417 £657 3
1996£112,833 £623 9
1995£99,575 £609 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£169,658 £1,563 6
2023£161,458 £2,191 12
2022£193,214 £2,266 7
2021£172,881 £2,065 11
2020£164,525 £1,985 16
2019£173,749 £2,034 8
2018£148,823 £1,693 11
2017£148,442 £1,623 18
2016£119,497 £1,470 17
2015£156,773 £1,709 11
2014£163,526 £1,539 15
2013£159,955 £1,796 11
2012£118,049 £1,317 8
2011£165,575 £1,645 6
2010£156,944 £1,572 9
2009£133,250 £1,573 6
2008£140,314 £1,647 14
2007£158,738 £1,818 21
2006£147,833 £1,246 9
2005£127,954 £1,407 12
2004£131,372 £1,655 29
2003£111,369 £1,239 16
2002£89,329 £1,024 21
2001£62,137 £851 15
2000£63,831 £706 8
1999£59,698 £602 22
1998£59,197 £539 18
1997£57,710 £559 15
1996£44,266 £509 11
1995£49,237 £619 16
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£200,000 £2,311 4
2023£160,385 £2,004 13
2022£129,875 £1,452 12
2021£143,177 £1,770 22
2020£138,846 £1,603 13
2019£105,947 £1,253 19
2018£112,717 £1,243 18
2017£128,417 £1,658 12
2016£111,153 £1,367 16
2015£104,591 £1,311 11
2014£115,397 £1,360 16
2013£98,634 £1,362 16
2012£116,376 £1,382 17
2011£105,900 £1,195 11
2010£114,417 £1,641 9
2009£126,604 £1,380 14
2008£120,746 £1,380 12
2007£118,558 £1,341 27
2006£109,628 £1,302 23
2005£103,689 £1,189 18
2004£99,803 £1,211 18
2003£79,190 £917 26
2002£67,910 £806 26
2001£51,832 £587 27
2000£43,994 £575 16
1999£45,495 £436 19
1998£45,996 £540 14
1997£38,238 £430 16
1996£41,630 £434 15
1995£37,745 £415 21
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£190,0001
2023£145,000 £1,691 3
2022£113,750 £1,477 2
2020£150,0001
2019£50,0002
2018£1,313,333 £30,769 3
2015£155,5501
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£74,125 £1,589 2
2019£86,725 £1,678 2
2018£75,250 £1,442 2
2017£76,250 £1,489 2
2014£40,833 £1,090 3
2013£58,650 £1,403 3
2012£61,000 £1,636 1
2010£64,975 £1,407 2
2009£67,000 £1,797 1
2008£94,950 £1,696 1
2007£97,0001
2006£81,500 £1,698 3
2005£87,983 £1,699 3
2004£62,550 £1,731 2
2003£58,015 £1,097 4
2002£59,100 £1,136 3
2001£39,000 £663 3
1999£36,000 £663 2
1998£36,000 £706 2
1997£36,500 £623 2
1995£30,667 £616 3

House Type in NE16 5LW area

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

Total142
Terraced64
Semi-detached29
Flat28
Detached16
commercial building4
Shared house1
converted building0
temporary structure0

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 outright55
Social rented: Other social rented30
Owned: Owns with a mortgage or loan26
Private rented: Private landlord or letting agency19
Social rented: Rents from council or Local Authority6
Shared ownership: Shared ownership3
Private rented: Other private rented2
Lives rent free2
Does not apply0

Number of People in a Household

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

1 person in household71
2 people in household46
3 people in household15
4 people in household8
5 people in household1
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0