Housing Market Analysis for OAKFIELD ROAD, NE16 5QU

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £185,000 median price is £185,000 Standard Deviation is £12,000 with Total Sold: 2
    • The Last 5 Year average price is £197,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 113 OAKFIELD ROAD: £197,000 (Sold on 11 Mar 2020)
    • The first recorded sale happened at this postcode is 97 OAKFIELD ROAD: £173,000 (Sold on 23 Mar 2007)
  • Other
    • The average price is around £130,000 median price is £130,000 Standard Deviation is £15,000 with Total Sold: 2
    • The Last 5 Year average price is £115,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 96 OAKFIELD ROAD: £145,000 (Sold on 22 May 2015)
    • The first recorded sale happened at this postcode is 96 OAKFIELD ROAD: £115,000 (Sold on 02 Feb 2024)
  • Terraced
    • The average price is around £135,977 median price is £125,000 Standard Deviation is £46,178 with Total Sold: 9
    • The most recent sale happened at this postcode is 101 OAKFIELD ROAD: £200,000 (Sold on 29 Jan 2013)
    • The first recorded sale happened at this postcode is 103 OAKFIELD ROAD: £67,000 (Sold on 11 Jul 1997)
  • Semi-Detached
    • The average price is around £59,250 median price is £59,250 Standard Deviation is £14,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 94 - 96 OAKFIELD ROAD: £45,000 (Sold on 15 Oct 2003)
    • The first recorded sale happened at this postcode is 87 OAKFIELD ROAD: £73,500 (Sold on 20 Apr 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5QU 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£197,000 £2,526 1
2007£173,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£145,0001
2024£115,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£200,000 £1,418 1
2010£165,000 £1,713 1
2009£160,0002
2006£175,0001
2005£110,0001
2001£99,1001
1999£87,6951
1997£67,000 £551 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£45,0001
1998£73,5001

All the Sales in the OAKFIELD ROAD, NE16 5QU

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

AddressSold DatePrice% Change
113 OAKFIELD ROADFlat, LeaseholdArea: 78 Sq.mtrAge: 1950-196611 Mar 2020£197,000First Sale
96 OAKFIELD ROADOther, Freehold22 May 2015£145,00026.09%
02 Feb 2024£115,000First Sale
101 OAKFIELD ROADTerraced, LeaseholdArea: 141 Sq.mtrAge: 1967-197529 Jan 2013£200,000First Sale
93 OAKFIELD ROADTerraced, LeaseholdArea: 96.31 Sq.mtrAge: 1967-197503 Dec 2010£165,000First Sale
94 - 96 OAKFIELD ROADTerraced, Freehold01 May 2009£125,000177.78%
15 Oct 2003£45,000First Sale
94 OAKFIELD ROADTerraced, Freehold24 Mar 2009£195,00077.27%
31 May 2005£110,000First Sale
97 OAKFIELD ROADFlat, Leasehold23 Mar 2007£173,000First Sale
109 OAKFIELD ROADTerraced, Leasehold21 Jul 2006£175,00099.56%
24 Nov 1999£87,695First Sale
99 OAKFIELD ROADTerraced, Leasehold27 Jul 2001£99,100First Sale
87 OAKFIELD ROADSemi-Detached, Leasehold20 Apr 1998£73,500First Sale
103 OAKFIELD ROADTerraced, LeaseholdArea: 121.65 Sq.mtrAge: 1950-196611 Jul 1997£67,000First Sale

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

OAKFIELD ROAD, NE16 5QU Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £157,133 median price is £165,000 Standard Deviation is £71,367 with Total Sold: 1,062
    • The Last 5 Year average price is £235,468 with Total Sold: 196
    • 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 £242,412 median price is £230,000 Standard Deviation is £116,514 with Total Sold: 350
    • The Last 5 Year average price is £333,064 with Total Sold: 74
    • 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 , 23 RUNNYMEDE ROAD: £71,000 (Sold on 13 Feb 1995)
  • Terraced
    • The average price is around £161,830 median price is £166,500 Standard Deviation is £72,884 with Total Sold: 397
    • The Last 5 Year average price is £239,458 with Total Sold: 68
    • 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 , 3 BIRCHFIELD: £73,000 (Sold on 16 Jun 1995)
  • Flat
    • The average price is around £113,518 median price is £112,000 Standard Deviation is £49,456 with Total Sold: 157
    • The Last 5 Year average price is £131,786 with Total Sold: 22
    • 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 £133,555 median price is £119,500 Standard Deviation is £68,978 with Total Sold: 20
    • The Last 5 Year average price is £131,162 with Total Sold: 16
    • 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£254,262 £2,899 21
2023£251,922 £3,147 39
2022£257,525 £2,936 28
2021£237,738 £2,777 43
2020£215,612 £2,477 32
2019£201,647 £2,556 33
2018£205,678 £2,409 36
2017£207,734 £2,436 35
2016£179,914 £2,290 40
2015£192,853 £2,340 39
2014£189,735 £2,058 40
2013£182,458 £2,120 31
2012£166,586 £2,095 22
2011£161,855 £2,100 28
2010£184,889 £2,102 23
2009£169,230 £1,988 25
2008£165,483 £2,147 16
2007£196,081 £2,081 44
2006£188,652 £2,111 33
2005£168,667 £2,149 32
2004£171,042 £1,959 30
2003£140,808 £1,571 37
2002£114,093 £1,245 49
2001£89,235 £1,129 41
2000£88,075 £1,017 42
1999£75,395 £842 51
1998£68,560 £866 49
1997£62,692 £785 38
1996£67,916 £732 56
1995£63,005 £678 29
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£268,786 £2,880 7
2023£357,500 £3,330 6
2022£317,042 £3,165 12
2021£350,716 £3,424 22
2020£347,500 £2,715 7
2019£333,375 £2,846 20
2018£296,532 £2,421 14
2017£298,535 £2,589 13
2016£309,500 £2,371 7
2015£252,077 £2,411 11
2014£294,595 £2,291 10
2013£251,320 £1,859 10
2012£244,328 £2,420 9
2011£212,945 £2,208 11
2010£260,059 £2,258 8
2009£240,909 £2,017 11
2008£249,688 £2,632 8
2007£256,772 £2,322 20
2006£264,850 £2,358 14
2005£258,590 £2,201 15
2004£222,389 £1,982 23
2003£229,565 £1,763 17
2002£155,538 £1,362 12
2001£117,286 £1,000 7
2000£125,359 £1,264 11
1999£100,750 £964 6
1998£95,344 £756 8
1997£114,227 £847 11
1996£88,080 £724 10
1995£118,650 £781 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£260,417 £2,857 6
2023£268,423 £2,783 13
2022£259,832 £2,703 12
2021£230,769 £2,461 17
2020£207,138 £2,428 8
2019£211,083 £2,421 12
2018£214,030 £2,288 15
2017£198,636 £2,304 7
2016£190,917 £2,040 6
2015£212,361 £2,253 14
2014£234,718 £1,844 11
2013£177,775 £1,840 17
2012£175,500 £1,891 10
2011£185,289 £1,806 19
2010£185,333 £1,950 9
2009£172,931 £2,094 13
2008£174,808 £1,920 13
2007£204,679 £2,211 14
2006£179,342 £2,246 20
2005£169,993 £2,060 14
2004£168,062 £2,446 8
2003£141,734 £1,571 18
2002£111,967 £1,165 15
2001£89,554 £872 14
2000£81,685 £922 10
1999£81,846 £902 14
1998£69,907 £778 14
1997£69,176 £621 25
1996£61,243 £632 14
1995£65,763 £742 15
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£137,250 £2,050 4
2023£168,649 £2,268 4
2022£115,000 £1,967 2
2021£120,386 £1,967 7
2020£157,000 £2,526 2
2019£96,333 £1,814 3
2018£132,988 £2,084 4
2017£116,000 £1,989 3
2016£120,199 £2,107 5
2015£126,475 £2,025 2
2014£109,318 £1,768 11
2013£104,000 £1,712 7
2012£98,667 £1,441 6
2011£106,700 £1,713 5
2010£114,125 £1,970 4
2009£109,571 £2,044 7
2008£153,548 £3,009 15
2007£187,600 £1,788 5
2006£119,150 £2,008 6
2005£128,890 £1,673 5
2004£158,746 £2,344 14
2003£94,075 £1,527 6
2002£64,650 £965 3
2001£62,225 £1,099 4
2000£58,612 £964 4
1999£49,112 £908 4
1998£45,325 £593 6
1997£41,500 £669 1
1996£49,317 £718 3
1995£37,390 £610 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,0001
2023£188,750 £2,358 4
2022£82,167 £1,337 3
2021£156,375 £1,910 4
2020£110,000 £1,618 1
2019£82,200 £1,346 3
2018£142,500 £2,172 3
2015£145,0001

House Type in NE16 5QU area

The most common house types in the NE16 5QU postcode area are Semi-detached (97), Detached (23), and Flat (7).

Total131
Semi-detached97
Detached23
Flat7
Terraced2
Shared house2
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (79), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright79
Owned: Owns with a mortgage or loan39
Private rented: Private landlord or letting agency8
Private rented: Other private rented4
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE16 5QU have 2 people in household (60), and 1 person in household (36).

2 people in household60
1 person in household36
3 people in household22
4 people in household12
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0