Housing Market Analysis for FARM CLOSE, NE16 5PP

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £102,857 median price is £99,000 Standard Deviation is £11,825 with Total Sold: 7
    • The Last 5 Year average price is £110,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 19 FARM CLOSE: £110,000 (Sold on 09 Aug 2019)
    • The first recorded sale happened at this postcode is 15 FARM CLOSE: £97,000 (Sold on 17 May 2013)
  • Semi-Detached
    • The average price is around £98,000 median price is £98,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 23 FARM CLOSE: £98,000 (Sold on 19 Jan 2007)
    • The first recorded sale happened at this postcode is 23 FARM CLOSE: £98,000 (Sold on 19 Jan 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5PP 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£110,000 £1,410 1
2018£121,000 £1,394 1
2017£115,000 £1,474 1
2015£89,000 £1,062 2
2014£99,000 £1,141 1
2013£97,000 £1,244 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£98,000 £1,077 1

All the Sales in the FARM CLOSE, NE16 5PP

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

AddressSold DatePrice% Change
19 FARM CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1967-197509 Aug 2019£110,00019.57%
18 Dec 2015£92,000First Sale
17 FARM CLOSETerraced, FreeholdArea: 86.78 Sq.mtrAge: 1967-197529 May 2018£121,00022.22%
11 Apr 2014£99,000First Sale
15 FARM CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1950-196621 Apr 2017£115,00018.56%
17 May 2013£97,000First Sale
23 FARM CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1950-196623 Apr 2015£86,000-12.24%
19 Jan 2007£98,000First Sale

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

FARM CLOSE, NE16 5PP Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £117,050 median price is £110,000 Standard Deviation is £58,546 with Total Sold: 506
    • The Last 5 Year average price is £167,609 with Total Sold: 67
    • 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 £91,582 median price is £95,000 Standard Deviation is £40,180 with Total Sold: 709
    • The Last 5 Year average price is £130,180 with Total Sold: 106
    • 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 £194,389 median price is £181,000 Standard Deviation is £101,783 with Total Sold: 180
    • The Last 5 Year average price is £285,932 with Total Sold: 33
    • The most recent sale happened at this postcode is , 1 ALEXANDRA TERRACE: £180,000 (Sold on 31 May 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 £114,668 median price is £130,000 Standard Deviation is £60,634 with Total Sold: 17
    • 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£159,825 £1,563 6
2023£165,714 £2,300 14
2022£179,409 £2,202 11
2021£161,573 £2,009 13
2020£167,163 £1,993 15
2019£171,181 £2,006 8
2018£164,278 £1,832 18
2017£150,748 £1,729 26
2016£119,056 £1,451 17
2015£154,679 £1,713 14
2014£159,746 £1,627 16
2013£157,107 £1,708 14
2012£134,800 £1,518 13
2011£168,825 £1,608 6
2010£139,643 £1,574 7
2009£138,438 £1,621 8
2008£142,671 £1,674 17
2007£146,932 £1,763 22
2006£135,556 £1,353 17
2005£132,144 £1,565 17
2004£132,047 £1,644 37
2003£101,647 £1,268 19
2002£86,514 £1,000 25
2001£67,045 £855 21
2000£67,163 £748 15
1999£55,334 £646 28
1998£52,219 £664 26
1997£55,037 £608 19
1996£43,382 £551 15
1995£50,818 £593 22
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£166,625 £1,988 8
2023£150,464 £1,937 14
2022£131,618 £1,565 16
2021£127,376 £1,667 23
2020£129,500 £1,670 20
2019£109,360 £1,386 25
2018£114,264 £1,315 22
2017£115,650 £1,640 20
2016£110,388 £1,480 21
2015£109,125 £1,464 20
2014£110,633 £1,401 21
2013£103,575 £1,452 24
2012£112,524 £1,314 17
2011£105,219 £1,220 13
2010£110,562 £1,598 12
2009£112,450 £1,476 21
2008£120,497 £1,521 18
2007£118,447 £1,498 37
2006£112,013 £1,548 30
2005£107,379 £1,323 26
2004£104,170 £1,394 32
2003£78,127 £904 31
2002£64,797 £890 33
2001£55,306 £688 44
2000£47,697 £683 29
1999£46,810 £550 30
1998£45,226 £664 25
1997£39,885 £504 24
1996£42,828 £471 18
1995£38,577 £551 35
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£259,250 £2,933 4
2023£353,786 £2,431 7
2022£277,400 £2,696 5
2021£292,100 £3,355 5
2020£283,312 £2,140 8
2019£202,062 £2,077 4
2018£255,000 £2,104 5
2017£169,700 £2,225 5
2016£225,000 £1,373 3
2015£221,000 £2,013 7
2014£251,250 £2,218 8
2013£279,700 £1,926 7
2012£234,150 £2,000 6
2011£312,983 £1,914 3
2010£207,950 £1,889 5
2009£187,500 £1,902 2
2008£205,167 £1,617 6
2007£227,195 £1,743 10
2006£237,500 £1,484 2
2005£209,333 £1,852 3
2004£190,286 £1,783 7
2003£185,333 £1,555 6
2002£134,646 £1,244 13
2001£116,857 £875 7
2000£107,143 £857 7
1999£87,914 £983 7
1998£89,827 £1,132 13
1997£95,250 £665 7
1996£66,167 £335 3
1995£93,090 £499 5
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
2023£145,000 £1,691 3
2022£113,750 £1,477 2
2020£140,000 £1,970 2
2019£50,0002
2018£115,217 £54 3
2017£133,333 £1,821 3
2016£5,650 £50 1
2015£155,5501

House Type in NE16 5PP area

The most common house types in the NE16 5PP postcode area are Terraced (64), Semi-detached (47), and Detached (14).

Total127
Terraced64
Semi-detached47
Detached14
Flat1
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (47), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright47
Owned: Owns with a mortgage or loan41
Social rented: Rents from council or Local Authority15
Private rented: Private landlord or letting agency15
Private rented: Other private rented7
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE16 5PP have 2 people in household (51), and 1 person in household (32).

2 people in household51
1 person in household32
3 people in household25
4 people in household12
5 people in household5
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0