Housing Market Analysis for BOWES CLOSE, NE16 5QF

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £203,500 median price is £202,000 Standard Deviation is £69,807 with Total Sold: 13
    • The Last 5 Year average price is £284,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 BOWES CLOSE: £322,500 (Sold on 30 Sep 2020)
    • The first recorded sale happened at this postcode is 5 BOWES CLOSE: £104,000 (Sold on 05 Jun 1998)
  • Other
    • The average price is around £50,000 median price is £50,000 Standard Deviation is £0 with Total Sold: 2
    • The Last 5 Year average price is £50,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 9 BOWES CLOSE: £50,000 (Sold on 02 Oct 2019)
    • The first recorded sale happened at this postcode is 7 BOWES CLOSE: £50,000 (Sold on 02 Oct 2019)
  • Semi-Detached
    • The average price is around £222,500 median price is £222,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 BOWES CLOSE: £222,500 (Sold on 26 May 2007)
    • The first recorded sale happened at this postcode is 10 BOWES CLOSE: £222,500 (Sold on 26 May 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5QF 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
2020£284,250 £2,104 2
2018£283,000 £2,320 1
2013£199,000 £1,728 2
2012£250,000 £1,479 1
2007£250,000 £1,954 2
2004£182,000 £1,701 1
2001£121,500 £1,103 2
2000£117,0001
1998£104,000 £698 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£50,0002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£222,500 £1,780 1

All the Sales in the BOWES CLOSE, NE16 5QF

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

AddressSold DatePrice% Change
5 BOWES CLOSEDetached, FreeholdArea: 169 Sq.mtrAge: 1983-199030 Sep 2020£322,50029.00%
02 Nov 2012£250,000-13.79%
19 Jan 2007£290,000178.85%
05 Jun 1998£104,000First Sale
4 BOWES CLOSEDetached, FreeholdArea: 107 Sq.mtrAge: 1996-200210 Jul 2020£246,00021.78%
26 Jul 2013£202,000-3.81%
23 Apr 2007£210,00015.38%
30 Apr 2004£182,00054.24%
23 Nov 2001£118,000First Sale
9 BOWES CLOSEOther, Freehold02 Oct 2019£50,000First Sale
7 BOWES CLOSEOther, Freehold02 Oct 2019£50,000First Sale
3 BOWES CLOSEDetached, FreeholdArea: 122 Sq.mtrAge: 1991-199509 Feb 2018£283,000First Sale
10 BOWES CLOSEDetached, FreeholdArea: 125 Sq.mtrAge: 1991-199506 Sep 2013£196,000-11.91%
26 May 2007£222,500First Sale
1 BOWES CLOSEDetached, Freehold23 Nov 2001£125,0006.84%
10 Apr 2000£117,000First Sale

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

BOWES CLOSE, NE16 5QF Near By properties

Interactive Map

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

  • Detached
    • The average price is around £254,886 median price is £234,125 Standard Deviation is £129,147 with Total Sold: 232
    • The Last 5 Year average price is £351,658 with Total Sold: 104
    • 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 £117,184 median price is £105,000 Standard Deviation is £62,904 with Total Sold: 325
    • The Last 5 Year average price is £167,209 with Total Sold: 53
    • 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 £93,373 median price is £92,500 Standard Deviation is £44,898 with Total Sold: 486
    • The Last 5 Year average price is £135,155 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 £417,338 median price is £148,750 Standard Deviation is £961,103 with Total Sold: 12
    • The Last 5 Year average price is £114,062 with Total Sold: 8
    • 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)
  • Flat
    • The average price is around £57,516 median price is £51,000 Standard Deviation is £22,319 with Total Sold: 34
    • 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 , 5 PRINN PLACE: £21,000 (Sold on 24 Nov 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£335,333 £2,933 6
2023£337,167 £2,609 6
2022£377,428 £2,842 7
2021£350,427 £3,066 29
2020£366,985 £2,817 37
2019£323,924 £2,724 19
2018£266,333 £2,165 3
2017£239,700 £2,428 5
2016£207,000 £1,247 3
2015£261,667 £2,005 3
2014£254,643 £2,271 7
2013£261,590 £2,165 5
2012£234,150 £2,000 6
2011£204,500 £2,028 2
2010£242,400 £1,992 5
2009£150,000 £1,190 1
2008£205,262 £1,546 4
2007£234,667 £1,763 6
2006£217,667 £1,484 3
2005£209,333 £1,852 3
2004£222,000 £2,075 6
2003£174,600 £1,469 5
2002£136,489 £1,498 9
2001£164,541 £1,257 11
2000£107,214 £798 7
1999£107,991 £995 9
1998£95,275 £1,132 10
1997£108,312 £665 4
1996£101,250 £567 6
1995£84,400 £389 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£169,658 £1,563 6
2023£162,955 £2,227 11
2022£172,900 £2,084 5
2021£169,869 £2,032 10
2020£161,960 £1,971 14
2019£174,427 £2,062 7
2018£126,993 £1,512 7
2017£125,091 £1,397 11
2016£119,466 £1,471 16
2015£156,278 £1,636 9
2014£162,030 £1,511 13
2013£155,643 £1,580 7
2012£113,556 £1,295 7
2011£164,700 £1,653 5
2010£140,938 £1,510 8
2009£134,700 £1,457 5
2008£138,877 £1,647 13
2007£152,997 £1,796 17
2006£134,333 £1,246 6
2005£117,500 £1,434 9
2004£126,823 £1,592 22
2003£112,660 £1,239 15
2002£89,576 £1,008 19
2001£55,360 £830 10
2000£63,831 £706 8
1999£58,388 £602 17
1998£59,061 £602 14
1997£57,512 £559 12
1996£42,793 £509 10
1995£47,575 £619 12
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£200,000 £2,311 4
2023£152,577 £1,874 13
2022£129,885 £1,450 13
2021£143,177 £1,770 22
2020£138,846 £1,603 13
2019£99,500 £1,206 18
2018£112,717 £1,243 18
2017£128,417 £1,658 12
2016£108,630 £1,334 15
2015£103,350 £1,273 10
2014£112,923 £1,369 15
2013£93,213 £1,306 15
2012£111,560 £1,377 15
2011£99,290 £1,110 10
2010£109,071 £1,674 7
2009£125,371 £1,384 12
2008£120,746 £1,380 12
2007£119,145 £1,347 28
2006£109,628 £1,302 23
2005£104,200 £1,189 17
2004£95,747 £1,113 16
2003£78,760 £917 25
2002£67,828 £801 25
2001£52,516 £595 29
2000£44,582 £576 17
1999£44,321 £409 17
1998£44,385 £540 13
1997£37,587 £430 15
1996£41,630 £434 15
1995£37,643 £415 22
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
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
2014£40,833 £1,090 3
2013£45,475 £1,286 2
2012£61,000 £1,636 1
2010£64,975 £1,407 2
2009£67,000 £1,797 1
2007£97,0001
2006£76,250 £1,698 2
2005£88,975 £1,699 2
2004£42,0001
2003£53,475 £1,124 2
2002£58,775 £1,136 2
2001£39,000 £663 3
1999£34,500 £663 1
1998£36,000 £706 1
1997£36,500 £623 2
1995£28,750 £616 2

House Type in NE16 5QF area

The most common house types in the NE16 5QF 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 5QF 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