Housing Market Analysis for BROAD WAY, NE16 5RD

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

Overview of Sold House prices

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

  • Other
    • The average price is around £200,000 median price is £200,000 Standard Deviation is £80,000 with Total Sold: 2
    • The Last 5 Year average price is £280,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 41 BROADWAY: £280,000 (Sold on 06 Apr 2023)
    • The first recorded sale happened at this postcode is 37 BROADWAY: £120,000 (Sold on 29 Aug 2018)
  • Terraced
    • The average price is around £195,738 median price is £221,500 Standard Deviation is £91,802 with Total Sold: 4
    • The Last 5 Year average price is £280,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 41 BROADWAY: £280,000 (Sold on 06 Apr 2023)
    • The first recorded sale happened at this postcode is 41 BROAD WAY: £59,950 (Sold on 04 Aug 1995)
  • Semi-Detached
    • The average price is around £144,919 median price is £150,000 Standard Deviation is £58,112 with Total Sold: 13
    • The Last 5 Year average price is £183,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 25 BROADWAY: £217,000 (Sold on 07 Jul 2022)
    • The first recorded sale happened at this postcode is 39 BROAD WAY: £47,500 (Sold on 04 Oct 1996)
  • Detached
    • The average price is around £167,000 median price is £167,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 49 BROADWAY: £167,000 (Sold on 24 Nov 2016)
    • The first recorded sale happened at this postcode is 49 BROADWAY: £167,000 (Sold on 24 Nov 2016)
  • Flat
    • The average price is around £96,779 median price is £107,000 Standard Deviation is £28,883 with Total Sold: 7
    • The most recent sale happened at this postcode is 35 BROADWAY: £112,000 (Sold on 24 Jan 2014)
    • The first recorded sale happened at this postcode is 37 BROAD WAY: £45,500 (Sold on 10 Nov 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5RD 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£280,000 £2,500 1
2018£120,000 £1,900 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£280,000 £2,500 2
2006£163,000 £1,954 1
1995£59,950 £535 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£217,000 £2,646 2
2020£117,000 £1,746 1
2018£205,475 £3,201 2
2017£190,000 £2,960 1
2016£160,000 £1,538 1
2011£150,000 £1,773 1
2008£123,000 £1,836 1
2005£115,000 £1,716 1
2001£66,500 £993 1
1998£70,000 £1,090 1
1996£47,500 £709 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£167,000 £1,740 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£112,000 £1,836 1
2013£107,000 £1,597 1
2008£122,000 £2,000 1
2007£125,000 £1,866 1
2004£106,000 £1,738 1
2000£59,950 £949 1
1995£45,500 £720 1

All the Sales in the BROAD WAY, NE16 5RD

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

AddressSold DatePrice% Change
41 BROADWAYOther, FreeholdArea: 112 Sq.mtrAge: 1967-197506 Apr 2023£280,0000.0
06 Apr 2023£280,0000.0
06 Apr 2023£280,000First Sale
25 BROADWAYSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-196607 Jul 2022£217,0000.0
07 Jul 2022£217,000First Sale
39 BROADWAYSemi-Detached, LeaseholdArea: 67 Sq.mtrAge: 1967-197516 Dec 2020£117,0009.35%
28 Aug 2013£107,000First Sale
23 BROADWAYSemi-Detached, FreeholdArea: 64.2 Sq.mtrAge: 1950-196630 Nov 2018£189,950-14.05%
31 May 2018£221,00016.32%
02 Jun 2017£190,000First Sale
37 BROADWAYOther, LeaseholdArea: 63.17 Sq.mtrAge: 1967-197529 Aug 2018£120,000First Sale
49 BROADWAYDetached, LeaseholdArea: 96 Sq.mtrAge: 1967-197524 Nov 2016£167,000First Sale
45 BROADWAYSemi-Detached, LeaseholdArea: 104.06 Sq.mtrAge: 1967-197514 Oct 2016£160,000First Sale
35 BROADWAYFlat, LeaseholdArea: 61 Sq.mtrAge: 1950-196624 Jan 2014£112,000First Sale
31 BROAD WAYSemi-Detached, FreeholdArea: 84.6 Sq.mtrAge: 1950-196609 Sep 2011£150,000First Sale
35 BROAD WAYFlat, LeaseholdArea: 61 Sq.mtrAge: 1950-196627 Jun 2008£122,00015.09%
19 Nov 2004£106,000First Sale
39 BROAD WAYSemi-Detached, LeaseholdArea: 67 Sq.mtrAge: 1967-197509 May 2008£123,000-1.60%
20 Apr 2007£125,0008.70%
02 Dec 2005£115,00072.93%
30 Nov 2001£66,50040.00%
04 Oct 1996£47,500First Sale
43 BROAD WAYTerraced, LeaseholdArea: 83.4 Sq.mtrAge: 1967-197513 Apr 2006£163,000First Sale
37 BROAD WAYFlat, LeaseholdArea: 63.17 Sq.mtrAge: 1967-197527 Nov 2000£59,95031.76%
10 Nov 1995£45,500First Sale
23 BROAD WAYSemi-Detached, FreeholdArea: 64.2 Sq.mtrAge: 1950-196629 May 1998£70,000First Sale
41 BROAD WAYTerraced, LeaseholdArea: 112 Sq.mtrAge: 1967-197504 Aug 1995£59,950First Sale

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

BROAD WAY, NE16 5RD Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £146,943 median price is £157,000 Standard Deviation is £65,634 with Total Sold: 688
    • The Last 5 Year average price is £223,190 with Total Sold: 118
    • 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 , 32 MARLOW WAY: £54,000 (Sold on 24 Mar 1995)
  • Flat
    • The average price is around £101,417 median price is £107,000 Standard Deviation is £40,696 with Total Sold: 184
    • The Last 5 Year average price is £127,335 with Total Sold: 24
    • The most recent sale happened at this postcode is , 47 LEASYDE WALK: £125,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 16 THORNHAUGH AVENUE: £57,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £226,262 median price is £225,000 Standard Deviation is £103,981 with Total Sold: 409
    • The Last 5 Year average price is £327,330 with Total Sold: 72
    • The most recent sale happened at this postcode is , 25 WANSFORD WAY: £240,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 22 CALLALEY AVENUE: £74,500 (Sold on 17 Feb 1995)
  • Terraced
    • The average price is around £149,592 median price is £156,500 Standard Deviation is £62,475 with Total Sold: 288
    • The Last 5 Year average price is £219,073 with Total Sold: 50
    • The most recent sale happened at this postcode is , 14 THORNHAUGH AVENUE: £190,000 (Sold on 19 Jun 2024)
    • The first recorded sale happened at this postcode is , 8 CLOCKBURNSYDE CLOSE: £67,000 (Sold on 24 Feb 1995)
  • Other
    • The average price is around £116,317 median price is £117,500 Standard Deviation is £69,019 with Total Sold: 24
    • The Last 5 Year average price is £101,561 with Total Sold: 18
    • 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£259,750 £3,571 12
2023£243,193 £3,086 23
2022£245,074 £2,854 15
2021£223,822 £2,790 20
2020£200,024 £2,429 25
2019£194,472 £2,518 23
2018£194,653 £2,457 19
2017£189,706 £2,422 17
2016£178,373 £2,356 24
2015£182,152 £2,258 22
2014£168,732 £2,055 19
2013£177,047 £2,115 17
2012£164,203 £2,001 17
2011£155,794 £2,057 17
2010£190,097 £2,108 15
2009£169,015 £1,988 17
2008£158,679 £2,173 14
2007£187,477 £2,064 33
2006£178,219 £2,041 27
2005£176,339 £2,116 19
2004£166,105 £1,962 20
2003£130,725 £1,709 24
2002£111,301 £1,301 35
2001£86,735 £1,086 33
2000£80,142 £988 26
1999£73,974 £939 37
1998£68,489 £868 33
1997£59,192 £793 20
1996£63,156 £789 45
1995£63,672 £772 20
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£124,000 £2,050 4
2023£168,649 £2,268 4
2022£110,000 £1,864 1
2021£117,994 £1,993 8
2020£135,625 £2,166 4
2019£96,333 £1,814 3
2018£111,825 £2,043 6
2017£110,300 £2,032 5
2016£118,199 £2,154 5
2015£122,650 £2,025 3
2014£108,625 £1,777 12
2013£105,000 £1,767 8
2012£97,583 £1,490 6
2011£100,400 £1,614 5
2010£100,500 £1,790 2
2009£108,667 £2,099 6
2008£157,108 £2,955 16
2007£130,119 £1,870 8
2006£119,231 £2,008 8
2005£105,375 £1,523 4
2004£119,688 £1,723 8
2003£91,518 £1,484 11
2002£68,862 £1,115 4
2001£60,233 £1,116 6
2000£58,612 £964 4
1999£48,567 £854 6
1998£49,181 £734 8
1997£48,050 £706 6
1996£47,434 £698 6
1995£45,136 £744 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£294,000 £2,729 5
2023£436,611 £2,949 9
2022£306,044 £3,282 8
2021£325,076 £3,269 23
2020£316,767 £2,413 12
2019£296,130 £2,614 15
2018£249,795 £2,662 10
2017£286,314 £2,317 11
2016£297,772 £2,605 9
2015£278,079 £2,394 24
2014£281,703 £2,336 17
2013£216,994 £2,295 9
2012£232,369 £2,213 8
2011£252,195 £2,070 10
2010£326,333 £2,349 6
2009£221,538 £2,179 13
2008£335,000 £2,131 4
2007£279,376 £2,326 21
2006£273,720 £2,315 15
2005£250,539 £1,974 13
2004£221,776 £1,996 23
2003£211,456 £1,988 17
2002£168,918 £1,314 20
2001£113,595 £973 10
2000£120,439 £1,018 18
1999£110,308 £902 13
1998£105,206 £902 17
1997£100,056 £857 17
1996£91,860 £723 24
1995£116,994 £928 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£258,1254
2023£220,050 £2,573 10
2022£237,622 £2,745 9
2021£227,375 £2,324 8
2020£198,456 £2,425 9
2019£197,695 £2,315 10
2018£206,745 £2,073 10
2017£176,483 £1,909 6
2016£184,333 £2,192 3
2015£173,895 £2,022 10
2014£190,625 £2,098 2
2013£176,345 £1,791 10
2012£161,643 £1,830 7
2011£177,357 £2,020 7
2010£171,000 £1,859 6
2009£178,788 £2,021 12
2008£178,955 £2,031 11
2007£174,278 £1,969 9
2006£170,718 £2,328 11
2005£166,496 £2,245 14
2004£155,496 £1,921 14
2003£134,111 £1,607 15
2002£110,933 £1,292 15
2001£93,500 £887 9
2000£79,413 £931 15
1999£70,062 £746 8
1998£70,244 £775 8
1997£69,162 £691 16
1996£59,050 £600 9
1995£57,262 £608 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,0001
2023£162,500 £2,223 4
2022£62,250 £1,337 4
2021£115,167 £1,805 3
2020£74,000 £1,147 3
2019£82,200 £1,346 3
2018£142,500 £2,172 3
2017£283,000 £1,979 1
2016£108,0001
2015£145,0001

House Type in NE16 5RD area

The most common house types in the NE16 5RD postcode area are Semi-detached (51), Flat (39), and Detached (20).

Total111
Semi-detached51
Flat39
Detached20
Shared house1
Terraced0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (52), and Owned: Owns with a mortgage or loan (42).

Owned: Owns outright52
Owned: Owns with a mortgage or loan42
Private rented: Private landlord or letting agency14
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

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

1 person in household36
2 people in household36
3 people in household23
4 people in household13
5 people in household1
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0