Housing Market Analysis for ORCHARD CLOSE, NE16 5NB

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £151,170 median price is £89,950 Standard Deviation is £90,285 with Total Sold: 10
    • The Last 5 Year average price is £277,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 ORCHARD CLOSE: £365,000 (Sold on 01 Jul 2022)
    • The first recorded sale happened at this postcode is 1 ORCHARD CLOSE: £89,950 (Sold on 14 Aug 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5NB 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
2022£365,000 £4,679 1
2020£190,000 £2,436 1
2017£209,000 £3,317 1
2014£228,000 £3,040 1
1999£84,950 £1,348 2
1998£87,450 £1,268 4

All the Sales in the ORCHARD CLOSE, NE16 5NB

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

AddressSold DatePrice% Change
2 ORCHARD CLOSEDetached, FreeholdArea: 78 Sq.mtrAge: 1996-200201 Jul 2022£365,00092.11%
28 May 2020£190,000111.23%
30 Oct 1998£89,950First Sale
3 ORCHARD CLOSEDetached, FreeholdArea: 63 Sq.mtrAge: 1996-200217 Mar 2017£209,000146.03%
12 Nov 1998£84,950First Sale
1 ORCHARD CLOSEDetached, FreeholdArea: 75 Sq.mtrAge: 1996-200215 Aug 2014£228,000153.47%
14 Aug 1998£89,950First Sale
4 ORCHARD CLOSEDetached, Freehold03 Jun 1999£84,950First Sale
6 ORCHARD CLOSEDetached, FreeholdArea: 63 Sq.mtrAge: 1996-200217 May 1999£84,950First Sale
5 ORCHARD CLOSEDetached, FreeholdArea: 62 Sq.mtrAge: 1996-200201 Sep 1998£84,950First Sale

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

ORCHARD CLOSE, NE16 5NB Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £121,931 median price is £115,500 Standard Deviation is £62,316 with Total Sold: 551
    • The Last 5 Year average price is £177,499 with Total Sold: 82
    • The most recent sale happened at this postcode is , 6 WANSBECK CLOSE: £275,000 (Sold on 15 Jul 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 £93,903 median price is £95,750 Standard Deviation is £42,819 with Total Sold: 748
    • The Last 5 Year average price is £136,684 with Total Sold: 114
    • 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 £243,201 median price is £220,000 Standard Deviation is £124,311 with Total Sold: 319
    • The Last 5 Year average price is £347,597 with Total Sold: 117
    • 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)
  • Flat
    • The average price is around £65,705 median price is £67,500 Standard Deviation is £24,965 with Total Sold: 194
    • The Last 5 Year average price is £79,092 with Total Sold: 24
    • 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 , 208 KINGSWAY: £36,500 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £309,468 median price is £138,750 Standard Deviation is £760,566 with Total Sold: 20
    • The Last 5 Year average price is £152,955 with Total Sold: 11
    • 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£184,707 £1,563 7
2023£167,167 £2,283 15
2022£179,409 £2,202 11
2021£180,979 £2,155 17
2020£175,120 £2,075 20
2019£183,495 £2,048 12
2018£164,053 £1,846 19
2017£150,748 £1,729 26
2016£121,608 £1,496 18
2015£154,679 £1,713 14
2014£161,719 £1,671 18
2013£163,656 £1,717 16
2012£134,800 £1,518 13
2011£164,064 £1,582 7
2010£156,944 £1,572 9
2009£138,438 £1,621 8
2008£145,244 £1,674 18
2007£157,300 £1,841 25
2006£135,556 £1,353 17
2005£137,672 £1,517 20
2004£133,638 £1,646 38
2003£113,815 £1,268 20
2002£86,475 £1,014 26
2001£67,520 £855 22
2000£66,903 £748 16
1999£59,978 £646 30
1998£56,296 £621 29
1997£55,936 £608 22
1996£43,382 £551 15
1995£52,652 £593 23
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£177,667 £2,311 9
2023£157,094 £1,980 16
2022£131,618 £1,565 16
2021£140,357 £1,777 27
2020£135,238 £1,705 21
2019£109,360 £1,386 25
2018£114,264 £1,315 22
2017£122,870 £1,692 23
2016£112,870 £1,502 22
2015£109,125 £1,464 20
2014£114,643 £1,430 23
2013£103,575 £1,452 24
2012£115,570 £1,379 20
2011£105,219 £1,220 13
2010£110,562 £1,598 12
2009£116,367 £1,462 23
2008£120,497 £1,521 18
2007£120,317 £1,515 39
2006£114,239 £1,548 31
2005£108,530 £1,352 28
2004£104,170 £1,394 32
2003£79,905 £942 32
2002£68,870 £912 37
2001£55,306 £688 44
2000£48,273 £685 30
1999£47,556 £550 32
1998£46,615 £666 27
1997£40,210 £504 25
1996£42,495 £471 21
1995£39,089 £561 36
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
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£277,850 £2,103 7
2017£208,083 £2,215 6
2016£219,917 £1,653 6
2015£221,000 £2,013 7
2014£251,136 £2,176 11
2013£295,790 £2,035 10
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£259,068 £1,822 14
2006£234,500 £1,565 4
2005£179,500 £1,520 4
2004£210,222 £1,949 9
2003£181,333 £1,328 9
2002£139,227 £1,244 15
2001£157,497 £1,207 15
2000£115,850 £857 10
1999£110,326 £949 12
1998£88,411 £1,024 14
1997£78,625 £657 6
1996£104,167 £623 12
1995£99,575 £609 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£90,7502
2023£75,208 £1,498 6
2022£78,750 £1,465 4
2021£82,750 £1,525 2
2020£77,125 £1,494 4
2019£79,408 £1,500 6
2018£76,738 £1,464 4
2017£71,200 £1,305 5
2016£85,000 £1,667 1
2015£82,375 £1,597 4
2014£70,389 £1,338 9
2013£68,658 £1,440 6
2012£72,250 £1,439 6
2011£49,350 £857 3
2010£74,975 £1,533 4
2009£67,000 £1,797 1
2008£95,225 £1,783 4
2007£93,586 £1,701 11
2006£93,306 £1,793 8
2005£89,227 £1,689 15
2004£93,229 £1,720 7
2003£64,933 £1,226 14
2002£54,970 £1,031 10
2001£42,300 £737 14
2000£38,250 £766 2
1999£37,077 £674 11
1998£36,338 £699 8
1997£35,643 £616 7
1996£34,500 £682 3
1995£34,650 £615 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£190,0001
2023£221,250 £1,691 4
2022£113,750 £1,477 2
2020£140,000 £1,970 2
2019£50,0002
2018£986,412 £15,412 4
2017£133,333 £1,821 3
2016£5,650 £50 1
2015£155,5501

House Type in NE16 5NB area

The most common house types in the NE16 5NB postcode area are Semi-detached (104), Detached (23), and Terraced (1).

Total129
Semi-detached104
Detached23
Terraced1
Flat1
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 outright (75), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright75
Owned: Owns with a mortgage or loan43
Private rented: Private landlord or letting agency6
Shared ownership: Shared ownership1
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NE16 5NB have 2 people in household (61), and 1 person in household (24).

2 people in household61
1 person in household24
4 people in household23
3 people in household16
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0