Housing Market Analysis for THATCHER CLOSE, NE16 5RS

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £147,918 median price is £172,500 Standard Deviation is £58,201 with Total Sold: 20
    • The Last 5 Year average price is £204,658 with Total Sold: 6
    • The most recent sale happened at this postcode is 10 THATCHER CLOSE: £233,000 (Sold on 22 Sep 2023)
    • The first recorded sale happened at this postcode is 7 THATCHER CLOSE: £63,950 (Sold on 19 Jul 1996)
  • Detached
    • The average price is around £196,722 median price is £205,000 Standard Deviation is £56,932 with Total Sold: 9
    • The most recent sale happened at this postcode is 28 THATCHER CLOSE: £247,000 (Sold on 23 Mar 2018)
    • The first recorded sale happened at this postcode is 29 THATCHER CLOSE: £96,500 (Sold on 07 Jan 2000)
  • Flat
    • The average price is around £160,000 median price is £160,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 THATCHER CLOSE: £160,000 (Sold on 15 Oct 2008)
    • The first recorded sale happened at this postcode is 8 THATCHER CLOSE: £160,000 (Sold on 15 Oct 2008)
  • Terraced
    • The average price is around £116,333 median price is £99,000 Standard Deviation is £41,064 with Total Sold: 3
    • The most recent sale happened at this postcode is 4 THATCHER CLOSE: £173,000 (Sold on 22 Dec 2005)
    • The first recorded sale happened at this postcode is 24 THATCHER CLOSE: £77,000 (Sold on 06 Jul 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5RS 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
2023£233,000 £3,236 1
2021£199,950 £2,597 1
2020£205,000 £2,628 2
2019£192,500 £2,753 2
2015£183,000 £2,652 1
2010£190,000 £2,159 1
2007£179,975 £2,612 2
2006£160,000 £1,818 1
2004£190,0001
2002£115,0001
2001£93,000 £1,310 1
2000£85,0001
1999£77,5001
1998£71,000 £1,050 2
1996£67,4752
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£247,000 £2,656 1
2007£287,0001
2006£240,000 £2,581 1
2005£220,0001
2004£190,0001
2003£176,000 £2,204 2
2002£138,000 £1,484 1
2000£96,5001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£160,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£173,000 £2,247 1
2000£99,000 £1,375 1
1998£77,000 £1,069 1

All the Sales in the THATCHER CLOSE, NE16 5RS

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

AddressSold DatePrice% Change
10 THATCHER CLOSESemi-Detached, LeaseholdArea: 72 Sq.mtrAge: 1950-196622 Sep 2023£233,000First Sale
4 THATCHER CLOSESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1967-197522 Jan 2021£199,95015.58%
22 Dec 2005£173,000First Sale
9 THATCHER CLOSESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1950-196630 Nov 2020£240,00041.18%
30 Apr 2020£170,000First Sale
2 THATCHER CLOSESemi-Detached, LeaseholdArea: 64 Sq.mtrAge: 1950-196621 Oct 2019£192,000159.46%
16 Oct 1998£74,000First Sale
14 THATCHER CLOSESemi-Detached, LeaseholdArea: 77 Sq.mtrAge: 1967-197527 Sep 2019£193,000First Sale
28 THATCHER CLOSEDetached, LeaseholdArea: 93 Sq.mtrAge: 1950-196623 Mar 2018£247,0002.92%
21 Jul 2006£240,00017.07%
08 Dec 2003£205,00048.55%
07 Jun 2002£138,000First Sale
23 THATCHER CLOSESemi-Detached, LeaseholdArea: 69 Sq.mtrAge: 1967-197511 Dec 2015£183,000First Sale
26 THATCHER CLOSESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-196623 Apr 2010£190,00018.75%
31 May 2006£160,000First Sale
8 THATCHER CLOSEFlat, Freehold15 Oct 2008£160,000First Sale
19 THATCHER CLOSESemi-Detached, LeaseholdArea: 67 Sq.mtrAge: 1967-197521 Sep 2007£175,000First Sale
30 THATCHER CLOSEDetached, Leasehold31 Aug 2007£287,000First Sale
27 THATCHER CLOSESemi-Detached, Leasehold05 Apr 2007£184,950First Sale
29 THATCHER CLOSEDetached, Freehold18 Feb 2005£220,000127.98%
07 Jan 2000£96,500First Sale
18 THATCHER CLOSESemi-Detached, Freehold24 Sep 2004£190,0000.0
24 Sep 2004£190,000First Sale
1 THATCHER CLOSEDetached, Leasehold29 Aug 2003£147,000First Sale
6 THATCHER CLOSESemi-Detached, Leasehold28 Jan 2002£115,00035.29%
31 Aug 2000£85,000First Sale
11 THATCHER CLOSESemi-Detached, LeaseholdArea: 71 Sq.mtrAge: 1967-197505 Feb 2001£93,000First Sale
24 THATCHER CLOSETerraced, LeaseholdArea: 72 Sq.mtrAge: 1930-194908 May 2000£99,00028.57%
06 Jul 1998£77,000First Sale
16 THATCHER CLOSESemi-Detached, Leasehold26 Mar 1999£77,500First Sale
17 THATCHER CLOSESemi-Detached, LeaseholdArea: 72 Sq.mtrAge: 1950-196604 Dec 1998£68,000First Sale
3 THATCHER CLOSESemi-Detached, Leasehold23 Aug 1996£71,000First Sale
7 THATCHER CLOSESemi-Detached, Leasehold19 Jul 1996£63,950First Sale

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

THATCHER CLOSE, NE16 5RS Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £158,449 median price is £165,000 Standard Deviation is £73,177 with Total Sold: 943
    • The Last 5 Year average price is £237,194 with Total Sold: 176
    • 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 £240,910 median price is £230,500 Standard Deviation is £104,737 with Total Sold: 316
    • The Last 5 Year average price is £336,288 with Total Sold: 66
    • 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 £152,711 median price is £160,000 Standard Deviation is £64,198 with Total Sold: 283
    • The Last 5 Year average price is £229,205 with Total Sold: 40
    • 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 £118,812 median price is £115,000 Standard Deviation is £56,077 with Total Sold: 127
    • The Last 5 Year average price is £143,794 with Total Sold: 16
    • 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 , 6 NAPIER COURT: £56,000 (Sold on 31 Aug 1995)
  • Other
    • The average price is around £140,140 median price is £123,000 Standard Deviation is £78,583 with Total Sold: 15
    • The Last 5 Year average price is £136,842 with Total Sold: 12
    • 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£245,500 £3,515 19
2023£256,856 £3,165 35
2022£267,061 £3,029 28
2021£231,966 £2,715 37
2020£217,054 £2,510 27
2019£205,695 £2,612 30
2018£209,762 £2,364 32
2017£201,921 £2,438 29
2016£183,482 £2,333 39
2015£199,610 £2,333 34
2014£192,557 £2,161 34
2013£183,290 £2,097 30
2012£173,385 £2,187 13
2011£173,302 £2,157 23
2010£186,892 £2,146 19
2009£175,716 £2,025 22
2008£162,577 £2,231 16
2007£197,572 £2,077 37
2006£191,409 £2,214 33
2005£168,822 £2,174 29
2004£175,254 £2,009 23
2003£144,346 £1,617 36
2002£115,308 £1,299 46
2001£88,388 £1,142 34
2000£88,680 £993 35
1999£75,094 £898 45
1998£68,285 £872 47
1997£61,580 £798 35
1996£66,516 £731 51
1995£62,298 £729 25
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£323,929 £3,248 7
2023£385,000 £3,232 4
2022£323,708 £3,173 12
2021£353,732 £3,173 19
2020£314,929 £2,720 7
2019£328,094 £2,859 17
2018£282,809 £2,432 16
2017£313,909 £2,684 11
2016£272,711 £2,428 9
2015£250,557 £2,519 7
2014£296,772 £2,590 9
2013£241,857 £2,262 7
2012£254,369 £2,455 8
2011£199,711 £2,182 9
2010£295,207 £2,470 7
2009£221,000 £2,064 10
2008£274,250 £2,131 6
2007£250,655 £2,330 19
2006£258,445 £2,421 11
2005£258,585 £2,277 17
2004£222,748 £1,815 20
2003£220,160 £1,711 10
2002£166,957 £1,343 15
2001£124,750 £1,064 8
2000£124,806 £1,264 8
1999£121,000 £960 5
1998£105,361 £886 9
1997£108,000 £1,024 10
1996£87,618 £749 11
1995£109,031 £800 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£254,3754
2023£247,375 £2,477 8
2022£259,657 £2,711 7
2021£216,188 £2,530 8
2020£188,729 £2,386 7
2019£217,250 £2,672 6
2018£211,145 £2,373 10
2017£200,990 £2,456 5
2016£230,000 £2,113 2
2015£200,905 £2,245 10
2014£197,190 £1,870 5
2013£178,360 £1,884 13
2012£168,833 £1,894 6
2011£170,885 £1,629 13
2010£182,944 £1,990 9
2009£163,910 £2,036 10
2008£175,429 £2,338 7
2007£183,227 £2,170 11
2006£177,344 £2,291 17
2005£169,223 £2,081 13
2004£169,000 £2,446 6
2003£140,051 £1,658 14
2002£115,250 £1,134 12
2001£91,000 £843 9
2000£83,238 £1,019 8
1999£81,933 £954 9
1998£70,800 £854 9
1997£68,998 £623 21
1996£59,923 £626 11
1995£65,785 £742 13
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£143,3333
2023£185,000 £2,137 3
2022£119,167 £1,975 3
2021£128,840 £2,023 5
2020£157,000 £2,526 2
2018£140,650 £2,238 3
2017£125,000 £1,761 1
2016£116,800 £1,814 5
2015£126,475 £2,025 2
2014£107,583 £1,786 6
2013£104,357 £1,767 7
2012£96,400 £1,441 5
2011£105,000 £1,702 4
2010£169,875 £2,351 4
2009£132,000 £2,219 2
2008£129,917 £1,705 6
2007£182,278 £2,011 7
2006£128,390 £2,032 5
2005£134,075 £1,852 6
2004£166,403 £2,263 16
2003£93,862 £1,536 4
2002£75,167 £1,174 3
2001£71,225 £911 4
2000£59,790 £991 5
1999£53,500 £863 2
1998£54,290 £728 5
1997£47,667 £787 3
1996£56,667 £675 3
1995£47,500 £791 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,0001
2023£192,000 £2,306 4
2022£63,250 £1,037 2
2021£170,333 £1,839 3
2019£60,800 £1,011 2
2018£157,500 £2,304 2
2015£145,0001

House Type in NE16 5RS area

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