Housing Market Analysis for BROAD WAY, NE16 5RG

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £212,150 median price is £220,000 Standard Deviation is £100,807 with Total Sold: 3
    • The Last 5 Year average price is £331,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 75 BROADWAY: £331,500 (Sold on 01 Jun 2022)
    • The first recorded sale happened at this postcode is 75 BROAD WAY: £84,950 (Sold on 05 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5RG 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
2022£331,500 £2,385 1
2009£220,0001
1996£84,950 £611 1

All the Sales in the BROAD WAY, NE16 5RG

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

AddressSold DatePrice% Change
75 BROADWAYSemi-Detached, LeaseholdArea: 139 Sq.mtrAge: 1983-199001 Jun 2022£331,500First Sale
77 BROAD WAYSemi-Detached, Leasehold23 Jan 2009£220,000First Sale
75 BROAD WAYSemi-Detached, LeaseholdArea: 139 Sq.mtrAge: 1983-199005 Aug 1996£84,950First Sale

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

BROAD WAY, NE16 5RG Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £153,654 median price is £161,000 Standard Deviation is £70,672 with Total Sold: 897
    • The Last 5 Year average price is £233,631 with Total Sold: 164
    • 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 £240,434 median price is £235,000 Standard Deviation is £109,434 with Total Sold: 338
    • The Last 5 Year average price is £340,105 with Total Sold: 76
    • 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 , 58 GRANGE LANE: £179,000 (Sold on 24 Feb 1995)
  • Terraced
    • The average price is around £153,250 median price is £160,875 Standard Deviation is £63,436 with Total Sold: 288
    • The Last 5 Year average price is £223,472 with Total Sold: 47
    • 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 , 20 LINDALE AVENUE: £68,000 (Sold on 30 Jun 1995)
  • Flat
    • The average price is around £115,332 median price is £112,000 Standard Deviation is £53,159 with Total Sold: 143
    • The Last 5 Year average price is £139,989 with Total Sold: 18
    • 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 £133,386 median price is £120,000 Standard Deviation is £67,320 with Total Sold: 21
    • The Last 5 Year average price is £131,094 with Total Sold: 17
    • 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£260,806 £3,515 18
2023£254,264 £3,262 32
2022£259,227 £2,897 24
2021£225,581 £2,698 34
2020£214,035 £2,594 27
2019£200,495 £2,583 29
2018£200,583 £2,362 29
2017£199,119 £2,447 31
2016£174,290 £2,312 34
2015£191,837 £2,321 30
2014£183,715 £2,061 30
2013£181,078 £2,126 23
2012£161,778 £2,034 16
2011£161,760 £2,076 21
2010£189,866 £2,133 19
2009£168,819 £1,982 18
2008£162,882 £2,196 15
2007£195,741 £2,143 38
2006£188,421 £2,217 33
2005£166,066 £2,210 28
2004£170,315 £1,977 20
2003£141,541 £1,600 35
2002£112,480 £1,282 45
2001£88,464 £1,119 38
2000£87,539 £1,015 31
1999£73,160 £898 45
1998£68,090 £878 49
1997£60,027 £806 31
1996£65,564 £755 48
1995£63,498 £740 26
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£323,929 £3,248 7
2023£474,214 £3,121 7
2022£318,136 £3,123 11
2021£345,177 £3,118 22
2020£324,714 £2,555 7
2019£313,389 £2,778 22
2018£282,809 £2,432 16
2017£296,996 £2,537 13
2016£279,440 £2,445 10
2015£267,646 £2,367 13
2014£279,328 £2,532 9
2013£226,136 £2,186 7
2012£255,328 £2,420 9
2011£199,155 £2,135 9
2010£283,290 £2,495 5
2009£225,833 £2,057 12
2008£284,600 £2,131 5
2007£244,903 £2,373 16
2006£258,445 £2,421 11
2005£251,875 £2,310 16
2004£214,069 £1,960 21
2003£209,250 £1,711 13
2002£158,575 £1,343 18
2001£121,000 £997 9
2000£101,988 £995 8
1999£111,750 £948 6
1998£101,194 £911 9
1997£102,125 £1,101 8
1996£94,396 £731 12
1995£103,600 £863 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£256,5005
2023£242,929 £2,680 7
2022£244,950 £2,786 8
2021£217,650 £2,407 10
2020£200,762 £2,424 8
2019£197,556 £2,322 9
2018£210,045 £2,246 11
2017£190,129 £2,261 7
2016£214,000 £2,228 2
2015£192,395 £2,145 10
2014£197,190 £1,820 5
2013£169,268 £1,788 11
2012£171,714 £1,916 7
2011£180,542 £1,682 12
2010£180,214 £2,018 7
2009£152,910 £2,036 10
2008£177,182 £2,071 11
2007£187,550 £2,133 10
2006£173,561 £2,381 14
2005£167,688 £2,060 13
2004£163,625 £2,311 8
2003£134,062 £1,632 18
2002£102,900 £1,092 10
2001£90,000 £872 10
2000£81,085 £921 10
1999£81,599 £902 9
1998£71,994 £832 8
1997£68,025 £609 18
1996£58,711 £627 9
1995£61,177 £711 11
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£137,250 £2,050 4
2023£184,867 £2,207 3
2022£115,000 £1,967 2
2021£125,033 £1,975 6
2020£157,000 £2,526 2
2019£122,000 £2,000 1
2018£132,988 £2,084 4
2017£116,000 £1,989 3
2016£112,750 £1,809 4
2015£126,475 £2,025 2
2014£109,318 £1,768 11
2013£104,357 £1,767 7
2012£98,667 £1,441 6
2011£105,417 £1,713 6
2010£169,875 £2,351 4
2009£107,000 £1,996 4
2008£128,188 £1,705 8
2007£187,600 £1,788 5
2006£119,150 £2,008 6
2005£126,908 £1,728 6
2004£166,403 £2,263 16
2003£94,075 £1,527 6
2002£68,150 £1,128 3
2001£59,633 £1,107 3
2000£58,612 £964 4
1999£49,112 £908 4
1998£52,390 £701 5
1997£43,000 £706 2
1996£58,975 £718 2
1995£44,238 £760 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,0001
2023£177,000 £2,313 5
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 5RG area

The most common house types in the NE16 5RG postcode area are Semi-detached (108), Detached (13), and Terraced (0).

Total121
Semi-detached108
Detached13
Terraced0
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 (88), and Owned: Owns with a mortgage or loan (25).

Owned: Owns outright88
Owned: Owns with a mortgage or loan25
Private rented: Other private rented4
Private rented: Private landlord or letting agency3
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NE16 5RG have 2 people in household (53), and 1 person in household (40).

2 people in household53
1 person in household40
3 people in household14
4 people in household12
5 people in household1
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0