Housing Market Analysis for MEACHAM WAY, NE16 5RR

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £145,333 median price is £81,000 Standard Deviation is £98,861 with Total Sold: 3
    • The Last 5 Year average price is £285,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 19 MEACHAM WAY: £285,000 (Sold on 28 Jul 2023)
    • The first recorded sale happened at this postcode is 19 MEACHAM WAY: £70,000 (Sold on 30 Sep 1996)
  • Terraced
    • The average price is around £191,688 median price is £183,250 Standard Deviation is £73,819 with Total Sold: 8
    • The Last 5 Year average price is £273,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 19 MEACHAM WAY: £285,000 (Sold on 28 Jul 2023)
    • The first recorded sale happened at this postcode is 23 MEACHAM WAY: £250,000 (Sold on 11 Nov 2022)
  • Semi-Detached
    • The average price is around £128,708 median price is £103,000 Standard Deviation is £68,829 with Total Sold: 19
    • The Last 5 Year average price is £222,875 with Total Sold: 4
    • The most recent sale happened at this postcode is 1 MEACHAM WAY: £275,000 (Sold on 09 Feb 2023)
    • The first recorded sale happened at this postcode is 4 MEACHAM WAY: £51,500 (Sold on 05 Jun 1995)
  • Detached
    • The average price is around £178,667 median price is £215,000 Standard Deviation is £63,036 with Total Sold: 3
    • The most recent sale happened at this postcode is 26 MEACHAM WAY: £215,000 (Sold on 04 Jun 2013)
    • The first recorded sale happened at this postcode is 26 MEACHAM WAY: £231,000 (Sold on 08 Nov 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5RR 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
2023£285,000 £2,478 1
1998£81,000 £704 1
1996£70,000 £609 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£285,000 £2,478 1
2021£285,000 £2,957 1
2010£186,000 £1,930 1
2009£180,500 £1,611 1
2006£174,0001
2001£96,000 £857 1
1997£77,000 £687 1
2022£250,000 £2,688 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£275,000 £2,132 1
2020£220,000 £3,056 1
2019£198,250 £2,603 2
2018£200,250 £2,749 2
2010£148,500 £1,541 1
2007£175,000 £2,431 1
2002£109,975 £2,052 2
2001£90,000 £1,667 1
1999£76,000 £1,185 2
1997£78,500 £818 1
1996£62,0003
1995£51,7502
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£215,000 £2,172 1
2007£90,0001
2004£231,000 £2,333 1

All the Sales in the MEACHAM WAY, NE16 5RR

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

AddressSold DatePrice% Change
19 MEACHAM WAYFlat, LeaseholdArea: 115 Sq.mtrAge: 1950-196628 Jul 2023£285,0000.0
28 Jul 2023£285,000251.85%
30 Jun 1998£81,00015.71%
30 Sep 1996£70,000First Sale
1 MEACHAM WAYSemi-Detached, LeaseholdArea: 129 Sq.mtrAge: 1967-197509 Feb 2023£275,000First Sale
20 MEACHAM WAYTerraced, LeaseholdArea: 96.38 Sq.mtr22 Jan 2021£285,00053.23%
26 Nov 2010£186,00025.25%
01 Mar 2010£148,500First Sale
12 MEACHAM WAYSemi-Detached, LeaseholdArea: 72 Sq.mtrAge: 1950-196614 Dec 2020£220,00025.71%
27 Sep 2007£175,000116.05%
19 Nov 1999£81,000First Sale
18 MEACHAM WAYSemi-Detached, LeaseholdArea: 96 Sq.mtrAge: 1950-196601 Nov 2019£216,500175.80%
23 Aug 1997£78,500First Sale
8 MEACHAM WAYSemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1950-196612 Jul 2019£180,000First Sale
6 MEACHAM WAYSemi-Detached, LeaseholdArea: 54 Sq.mtrAge: 1967-197527 Sep 2018£172,50091.67%
26 Nov 2001£90,000First Sale
24 MEACHAM WAYSemi-Detached, LeaseholdArea: 99 Sq.mtrAge: 1976-198226 Jan 2018£228,000First Sale
26 MEACHAM WAYDetached, FreeholdArea: 99 Sq.mtrAge: 1967-197504 Jun 2013£215,000-6.93%
08 Nov 2004£231,000First Sale
14 MEACHAM WAYTerraced, LeaseholdArea: 112.04 Sq.mtrAge: 1967-197521 Sep 2009£180,50088.02%
07 Sep 2001£96,00024.68%
12 Aug 1997£77,000First Sale
17 MEACHAM WAYDetached, Leasehold08 Jan 2007£90,000First Sale
7 MEACHAM WAYTerraced, Leasehold24 May 2006£174,000First Sale
9 MEACHAM WAYSemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1950-196624 Jul 2002£116,95064.72%
26 Aug 1999£71,000First Sale
3 MEACHAM WAYSemi-Detached, Freehold21 Jun 2002£103,000First Sale
5 MEACHAM WAYSemi-Detached, Leasehold06 Sep 1996£64,00023.08%
01 Sep 1995£52,000First Sale
13 MEACHAM WAYSemi-Detached, Leasehold01 May 1996£61,0000.0
01 May 1996£61,000First Sale
4 MEACHAM WAYSemi-Detached, Leasehold05 Jun 1995£51,500First Sale
23 MEACHAM WAYTerraced, LeaseholdArea: 93 Sq.mtrAge: 1950-196611 Nov 2022£250,000First Sale

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

MEACHAM WAY, NE16 5RR Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £156,819 median price is £163,000 Standard Deviation is £71,544 with Total Sold: 977
    • The Last 5 Year average price is £234,938 with Total Sold: 183
    • The most recent sale happened at this postcode is , 2 NAPIER COURT: £135,000 (Sold on 06 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 £237,374 median price is £230,000 Standard Deviation is £103,727 with Total Sold: 338
    • The Last 5 Year average price is £333,055 with Total Sold: 72
    • 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 £153,210 median price is £162,000 Standard Deviation is £63,226 with Total Sold: 301
    • The Last 5 Year average price is £223,568 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 £114,042 median price is £112,000 Standard Deviation is £51,520 with Total Sold: 167
    • The Last 5 Year average price is £138,377 with Total Sold: 22
    • The most recent sale happened at this postcode is , 16 NAPIER COURT: £127,000 (Sold on 23 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£244,225 £3,515 20
2023£255,130 £3,174 38
2022£260,811 £2,955 28
2021£228,723 £2,681 37
2020£219,153 £2,530 29
2019£203,011 £2,585 31
2018£206,615 £2,380 34
2017£201,423 £2,438 30
2016£180,815 £2,345 39
2015£197,787 £2,340 34
2014£186,425 £2,117 34
2013£181,366 £2,121 32
2012£162,692 £2,160 13
2011£163,438 £2,124 25
2010£185,322 £2,146 20
2009£174,815 £2,015 23
2008£162,577 £2,231 16
2007£196,991 £2,077 38
2006£190,542 £2,211 36
2005£168,645 £2,174 30
2004£173,783 £2,009 24
2003£144,227 £1,617 37
2002£112,545 £1,280 47
2001£87,560 £1,139 36
2000£88,204 £991 38
1999£75,122 £885 47
1998£67,600 £865 49
1997£61,479 £798 34
1996£66,156 £731 53
1995£62,298 £729 25
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£323,929 £3,248 7
2023£375,000 £3,330 5
2022£323,708 £3,173 12
2021£346,471 £3,142 21
2020£316,812 £2,715 8
2019£323,292 £2,851 19
2018£282,809 £2,432 16
2017£301,231 £2,627 13
2016£272,711 £2,428 9
2015£251,100 £2,409 9
2014£296,772 £2,590 9
2013£222,167 £2,255 6
2012£254,369 £2,455 8
2011£199,711 £2,182 9
2010£295,207 £2,470 7
2009£225,833 £2,057 12
2008£274,250 £2,131 6
2007£250,655 £2,330 19
2006£258,445 £2,421 11
2005£248,526 £2,259 17
2004£218,430 £1,888 22
2003£218,467 £1,711 12
2002£161,021 £1,343 17
2001£121,000 £997 9
2000£115,036 £1,083 11
1999£117,500 £948 5
1998£105,361 £886 9
1997£108,000 £1,024 10
1996£86,146 £749 12
1995£105,025 £864 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£254,3754
2023£246,000 £2,616 9
2022£259,657 £2,711 7
2021£216,773 £2,521 11
2020£188,729 £2,386 7
2019£194,778 £2,334 9
2018£211,145 £2,373 10
2017£190,129 £2,261 7
2016£212,667 £2,200 3
2015£200,905 £2,245 10
2014£200,158 £1,890 6
2013£170,535 £1,815 13
2012£170,714 £1,911 7
2011£170,885 £1,629 13
2010£183,150 £1,990 10
2009£159,918 £2,036 11
2008£172,278 £2,312 9
2007£183,227 £2,170 11
2006£173,116 £2,315 16
2005£169,993 £2,060 14
2004£165,571 £2,311 7
2003£133,261 £1,646 16
2002£115,250 £1,134 12
2001£89,800 £872 10
2000£83,433 £993 9
1999£80,424 £954 8
1998£70,800 £854 9
1997£67,813 £608 19
1996£59,923 £626 11
1995£63,631 £737 13
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£135,200 £2,050 5
2023£172,400 £2,155 4
2022£119,167 £1,975 3
2021£126,457 £1,966 7
2020£157,000 £2,526 2
2019£122,000 £2,000 1
2018£132,988 £2,084 4
2017£118,250 £1,932 4
2016£116,167 £1,816 6
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£116,800 £2,051 5
2008£128,188 £1,705 8
2007£174,494 £2,019 8
2006£124,362 £1,998 8
2005£125,207 £1,740 7
2004£166,403 £2,263 16
2003£94,075 £1,527 6
2002£73,362 £1,174 4
2001£70,170 £1,107 5
2000£59,242 £987 6
1999£49,112 £908 4
1998£52,492 £710 6
1997£47,667 £787 3
1996£54,488 £713 4
1995£46,590 £785 5
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 5RR area

The most common house types in the NE16 5RR postcode area are Semi-detached (105), Detached (11), and Terraced (0).

Total116
Semi-detached105
Detached11
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 (96), and Owned: Owns with a mortgage or loan (16).

Owned: Owns outright96
Owned: Owns with a mortgage or loan16
Private rented: Private landlord or letting agency3
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE16 5RR have 2 people in household (62), and 1 person in household (41).

2 people in household62
1 person in household41
3 people in household11
4 people in household1
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0