Housing Market Analysis for OAKFIELD ROAD, NE16 5QP

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £132,450 median price is £142,500 Standard Deviation is £56,761 with Total Sold: 11
    • The most recent sale happened at this postcode is 84 OAKFIELD ROAD: £223,000 (Sold on 01 Dec 2014)
    • The first recorded sale happened at this postcode is 83 OAKFIELD ROAD: £72,950 (Sold on 25 Sep 1996)
  • Terraced
    • The average price is around £176,500 median price is £176,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 81 OAKFIELD ROAD: £176,500 (Sold on 20 Mar 2008)
    • The first recorded sale happened at this postcode is 81 OAKFIELD ROAD: £176,500 (Sold on 20 Mar 2008)
  • Detached
    • The average price is around £102,500 median price is £118,000 Standard Deviation is £60,001 with Total Sold: 3
    • The most recent sale happened at this postcode is 88 OAKFIELD ROAD: £22,500 (Sold on 20 Jul 2007)
    • The first recorded sale happened at this postcode is 69 OAKFIELD ROAD: £118,000 (Sold on 15 Nov 2002)
  • Flat
    • The average price is around £169,950 median price is £169,950 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 75 OAKFIELD ROAD: £169,950 (Sold on 12 Aug 2004)
    • The first recorded sale happened at this postcode is 75 OAKFIELD ROAD: £169,950 (Sold on 12 Aug 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5QP 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
2014£223,000 £1,890 1
2010£184,000 £2,387 1
2007£184,750 £1,131 2
2003£139,500 £791 3
1999£59,500 £373 2
1998£70,0001
1996£72,9501
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£176,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£22,5001
2004£167,0001
2002£118,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£169,9501

All the Sales in the OAKFIELD ROAD, NE16 5QP

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

AddressSold DatePrice% Change
84 OAKFIELD ROADSemi-Detached, LeaseholdArea: 118 Sq.mtrAge: 1950-196601 Dec 2014£223,000First Sale
85 OAKFIELD ROADSemi-Detached, LeaseholdArea: 77.1 Sq.mtrAge: 1950-196623 Apr 2010£184,000First Sale
81 OAKFIELD ROADTerraced, Freehold20 Mar 2008£176,500First Sale
90 OAKFIELD ROADSemi-Detached, LeaseholdArea: 153 Sq.mtrAge: 1967-197518 Dec 2007£173,00042.98%
15 Apr 2003£121,000112.28%
21 May 1999£57,000First Sale
83 OAKFIELD ROADSemi-Detached, Leasehold26 Jul 2007£196,50026.77%
03 Dec 2003£155,000121.43%
23 Sep 1998£70,000-4.04%
25 Sep 1996£72,950First Sale
88 OAKFIELD ROADDetached, Freehold20 Jul 2007£22,500-84.21%
31 Jan 2003£142,500129.84%
21 May 1999£62,000First Sale
75 OAKFIELD ROADFlat, Freehold12 Aug 2004£169,950First Sale
69 OAKFIELD ROADDetached, Leasehold28 Jul 2004£167,00041.53%
15 Nov 2002£118,000First Sale

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

OAKFIELD ROAD, NE16 5QP Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £161,740 median price is £167,000 Standard Deviation is £75,338 with Total Sold: 1,028
    • The Last 5 Year average price is £241,466 with Total Sold: 193
    • The most recent sale happened at this postcode is , 44 ANCASTER ROAD: £380,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 51 WARWICK AVENUE: £60,000 (Sold on 24 Feb 1995)
  • Detached
    • The average price is around £252,666 median price is £235,000 Standard Deviation is £137,391 with Total Sold: 470
    • The Last 5 Year average price is £357,465 with Total Sold: 99
    • The most recent sale happened at this postcode is , 4 BIRCHWOOD AVENUE: £207,500 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 14A WHAGGS LANE: £190,000 (Sold on 17 Jan 1995)
  • Terraced
    • The average price is around £161,423 median price is £167,000 Standard Deviation is £72,984 with Total Sold: 399
    • The Last 5 Year average price is £243,073 with Total Sold: 64
    • The most recent sale happened at this postcode is , 25 THORNLEY CLOSE: £260,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 28 ASHFIELD ROAD: £71,000 (Sold on 19 May 1995)
  • Flat
    • The average price is around £115,688 median price is £110,000 Standard Deviation is £60,336 with Total Sold: 113
    • The Last 5 Year average price is £144,557 with Total Sold: 14
    • The most recent sale happened at this postcode is 6, GRANGE MANOR GRANGE LANE: £145,000 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is , 24 MARSTON WALK: £47,500 (Sold on 16 Jan 1995)
  • Other
    • The average price is around £121,507 median price is £119,500 Standard Deviation is £78,058 with Total Sold: 14
    • The Last 5 Year average price is £122,918 with Total Sold: 11
    • The most recent sale happened at this postcode is , 96 OAKFIELD ROAD: £115,000 (Sold on 02 Feb 2024)
    • The first recorded sale happened at this postcode is , 96 OAKFIELD ROAD: £145,000 (Sold on 22 May 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£255,975 £2,899 20
2023£251,922 £3,147 39
2022£269,440 £2,977 30
2021£247,506 £2,783 45
2020£215,606 £2,525 29
2019£206,163 £2,575 30
2018£213,998 £2,349 33
2017£210,624 £2,426 34
2016£182,537 £2,299 42
2015£194,682 £2,366 37
2014£194,338 £2,100 41
2013£191,946 £2,114 34
2012£191,803 £2,133 18
2011£172,998 £2,148 24
2010£184,302 £2,102 23
2009£167,365 £1,932 24
2008£168,315 £2,176 15
2007£196,207 £2,092 44
2006£197,409 £2,164 33
2005£170,745 £2,081 30
2004£172,011 £2,000 27
2003£146,822 £1,635 37
2002£115,983 £1,266 49
2001£92,391 £1,123 40
2000£88,770 £1,025 38
1999£75,891 £853 49
1998£68,760 £870 46
1997£62,780 £786 37
1996£69,399 £717 51
1995£63,833 £682 29
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£310,278 £3,248 9
2023£362,000 £3,232 5
2022£309,550 £3,121 20
2021£421,479 £3,279 29
2020£353,833 £2,807 15
2019£336,433 £2,918 21
2018£290,474 £2,434 21
2017£328,156 £2,579 16
2016£299,036 £2,447 11
2015£271,486 £2,521 11
2014£281,197 £2,531 15
2013£331,350 £2,261 15
2012£287,632 £2,391 11
2011£210,367 £2,271 12
2010£262,706 £2,272 12
2009£243,853 £2,247 17
2008£249,050 £2,424 10
2007£257,769 £2,364 24
2006£274,355 £2,390 19
2005£289,039 £2,302 22
2004£234,229 £1,878 26
2003£222,637 £1,761 19
2002£159,989 £1,316 19
2001£121,444 £1,097 9
2000£116,363 £1,063 15
1999£113,429 £960 7
1998£108,226 £879 17
1997£111,633 £855 15
1996£88,383 £786 15
1995£114,038 £742 13
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£260,417 £2,857 6
2023£275,409 £2,816 11
2022£263,307 £2,728 13
2021£226,872 £2,489 15
2020£207,138 £2,428 8
2019£225,591 £2,600 11
2018£215,538 £2,398 12
2017£205,742 £2,456 6
2016£190,917 £2,040 6
2015£212,670 £2,257 15
2014£234,718 £1,844 11
2013£179,451 £1,892 17
2012£180,905 £1,930 11
2011£187,167 £1,821 21
2010£187,800 £1,966 10
2009£175,857 £2,050 14
2008£171,400 £1,928 10
2007£206,464 £2,261 14
2006£180,338 £2,238 21
2005£169,327 £2,060 15
2004£168,062 £2,446 8
2003£148,301 £1,586 19
2002£107,703 £1,144 16
2001£91,673 £843 13
2000£79,862 £913 12
1999£81,156 £943 15
1998£69,544 £805 16
1997£69,156 £614 25
1996£59,858 £626 13
1995£66,500 £771 15
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£151,5002
2023£184,867 £2,207 3
2022£115,000 £1,967 2
2021£124,440 £1,959 5
2020£157,000 £2,526 2
2018£140,650 £2,238 3
2017£116,000 £1,902 1
2016£112,750 £1,809 4
2015£126,475 £2,025 2
2014£106,750 £1,788 6
2013£103,500 £1,731 6
2012£96,400 £1,441 5
2011£106,500 £1,700 4
2010£153,500 £2,117 5
2009£109,000 £2,017 3
2008£131,500 £1,607 5
2007£231,000 £1,609 3
2006£120,650 £2,071 3
2005£128,890 £1,673 5
2004£175,104 £2,357 14
2003£98,290 £1,636 5
2002£63,000 £965 2
2001£62,225 £1,099 4
2000£50,375 £780 4
1999£50,167 £905 3
1998£45,690 £581 5
1997£41,500 £669 1
1996£49,317 £718 3
1995£32,833 £490 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,0001
2023£179,000 £2,296 2
2022£82,167 £1,337 3
2021£170,333 £1,839 3
2019£60,800 £1,011 2
2018£195,000 £2,708 1
2017£9,0001
2015£145,0001

House Type in NE16 5QP area

The most common house types in the NE16 5QP postcode area are Semi-detached (93), Detached (30), and Terraced (2).

Total125
Semi-detached93
Detached30
Terraced2
Flat0
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 (42).

Owned: Owns outright75
Owned: Owns with a mortgage or loan42
Private rented: Other private rented3
Social rented: Rents from council or Local Authority2
Social rented: Other social rented1
Private rented: Private landlord or letting agency1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE16 5QP have 2 people in household (44), and 1 person in household (36).

2 people in household44
1 person in household36
4 people in household23
3 people in household19
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0