Housing Market Analysis for NEWMIN WAY, NE16 5RF

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £119,290 median price is £120,000 Standard Deviation is £4,873 with Total Sold: 5
    • The Last 5 Year average price is £110,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 27 NEWMIN WAY: £110,000 (Sold on 15 Sep 2022)
    • The first recorded sale happened at this postcode is 23 NEWMIN WAY: £119,950 (Sold on 21 Apr 2006)
  • Semi-Detached
    • The average price is around £129,681 median price is £102,000 Standard Deviation is £64,326 with Total Sold: 8
    • The Last 5 Year average price is £220,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 46 NEWMIN WAY: £220,000 (Sold on 03 Jan 2020)
    • The first recorded sale happened at this postcode is 46 NEWMIN WAY: £56,000 (Sold on 31 Jan 1997)
  • Detached
    • The average price is around £191,000 median price is £191,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 50 NEWMIN WAY: £191,000 (Sold on 03 Apr 2018)
    • The first recorded sale happened at this postcode is 50 NEWMIN WAY: £191,000 (Sold on 03 Apr 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5RF 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
2022£110,000 £1,864 1
2013£120,000 £2,105 1
2008£123,000 £2,158 1
2006£121,725 £2,136 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£220,000 £1,815 1
2018£190,000 £2,088 1
2015£217,500 £1,843 1
2002£120,000 £990 1
2001£75,000 £619 1
1999£79,475 £712 2
1997£56,000 £462 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£191,000 £1,990 1

All the Sales in the NEWMIN WAY, NE16 5RF

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

AddressSold DatePrice% Change
27 NEWMIN WAYFlat, LeaseholdArea: 59 Sq.mtrAge: 1967-197515 Sep 2022£110,000First Sale
46 NEWMIN WAYSemi-Detached, LeaseholdArea: 121.23 Sq.mtrAge: 1976-198203 Jan 2020£220,00083.33%
11 Oct 2002£120,00060.00%
15 Jun 2001£75,00033.93%
31 Jan 1997£56,000First Sale
33 NEWMIN WAYSemi-Detached, LeaseholdArea: 91 Sq.mtrAge: 1967-197517 Aug 2018£190,000First Sale
50 NEWMIN WAYDetached, LeaseholdArea: 96 Sq.mtrAge: 1967-197503 Apr 2018£191,000First Sale
31 NEWMIN WAYSemi-Detached, LeaseholdArea: 118 Sq.mtrAge: 1950-196615 May 2015£217,500158.93%
19 Mar 1999£84,000First Sale
23 NEWMIN WAYFlat, LeaseholdArea: 57 Sq.mtrAge: 1967-197520 Nov 2013£120,000-2.44%
04 Jul 2008£123,000-0.40%
11 Dec 2006£123,5002.96%
21 Apr 2006£119,950First Sale
29 NEWMIN WAYSemi-Detached, Leasehold09 Jul 1999£74,950First Sale

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

NEWMIN WAY, NE16 5RF Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £147,575 median price is £157,500 Standard Deviation is £66,250 with Total Sold: 747
    • The Last 5 Year average price is £224,980 with Total Sold: 130
    • 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 £103,363 median price is £107,000 Standard Deviation is £46,078 with Total Sold: 186
    • 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 £222,826 median price is £222,750 Standard Deviation is £102,737 with Total Sold: 420
    • The Last 5 Year average price is £327,362 with Total Sold: 78
    • 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 , 22 CALLALEY AVENUE: £74,500 (Sold on 17 Feb 1995)
  • Terraced
    • The average price is around £150,168 median price is £159,950 Standard Deviation is £62,159 with Total Sold: 309
    • The Last 5 Year average price is £218,013 with Total Sold: 51
    • 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£240,748 £3,148 26
2022£245,059 £2,935 18
2021£225,519 £2,715 24
2020£206,467 £2,424 27
2019£194,472 £2,518 23
2018£196,045 £2,466 20
2017£186,274 £2,445 21
2016£178,373 £2,356 24
2015£182,059 £2,267 23
2014£172,090 £2,099 21
2013£175,411 £2,121 19
2012£163,414 £1,995 18
2011£158,866 £2,106 19
2010£189,716 £2,128 16
2009£169,015 £1,988 17
2008£153,236 £2,062 16
2007£190,141 £2,063 37
2006£178,824 £2,078 29
2005£175,270 £2,148 20
2004£166,671 £1,962 21
2003£132,746 £1,617 28
2002£111,447 £1,328 37
2001£86,478 £1,086 34
2000£80,415 £969 27
1999£72,757 £910 41
1998£68,233 £872 36
1997£59,320 £796 23
1996£63,531 £789 47
1995£63,237 £785 23
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£159,550 £1,849 9
2006£119,231 £2,008 8
2005£105,375 £1,523 4
2004£125,272 £1,723 9
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£279,583 £2,729 6
2023£432,950 £3,098 10
2022£306,044 £3,282 8
2021£323,406 £3,240 24
2020£299,183 £2,486 12
2019£318,164 £2,655 18
2018£261,288 £2,641 12
2017£281,395 £2,296 10
2016£280,931 £2,451 8
2015£269,233 £2,398 23
2014£252,730 £2,281 15
2013£215,795 £2,262 10
2012£220,395 £2,214 10
2011£213,883 £2,081 9
2010£326,333 £2,349 6
2009£227,200 £2,187 15
2008£335,000 £2,131 4
2007£259,216 £2,431 25
2006£265,771 £2,285 14
2005£235,786 £2,257 14
2004£217,879 £1,996 26
2003£211,264 £1,988 18
2002£163,630 £1,373 22
2001£118,268 £973 11
2000£114,119 £1,000 16
1999£100,818 £881 11
1998£102,406 £902 16
1997£100,174 £857 17
1996£89,444 £710 24
1995£97,658 £919 6
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£194,723 £2,335 11
2018£206,745 £2,073 10
2017£176,986 £1,996 7
2016£200,750 £2,156 4
2015£180,809 £2,028 11
2014£190,625 £2,098 2
2013£176,345 £1,791 10
2012£161,643 £1,830 7
2011£179,350 £1,667 10
2010£171,000 £1,859 6
2009£178,788 £2,021 12
2008£178,750 £2,031 12
2007£178,136 £2,100 11
2006£172,300 £2,329 13
2005£170,997 £2,050 16
2004£155,496 £1,921 14
2003£134,111 £1,607 15
2002£111,000 £1,292 16
2001£94,132 £887 11
2000£79,413 £931 15
1999£71,150 £806 10
1998£70,244 £775 8
1997£69,162 £691 16
1996£59,795 £600 10
1995£57,865 £608 12
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 5RF area

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