Housing Market Analysis for OAKFIELD ROAD, NE16 5RY

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £141,636 median price is £117,000 Standard Deviation is £68,583 with Total Sold: 11
    • The Last 5 Year average price is £217,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 112 OAKFIELD ROAD: £255,000 (Sold on 04 Nov 2022)
    • The first recorded sale happened at this postcode is 117 OAKFIELD ROAD: £59,000 (Sold on 26 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5RY 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£255,000 £2,865 1
2019£180,000 £2,609 1
2017£188,000 £2,112 1
2014£245,000 £2,248 1
2006£187,500 £2,107 1
2002£117,000 £1,696 1
2001£86,0001
2000£91,500 £1,028 1
1999£74,500 £870 2
1995£59,0001

All the Sales in the OAKFIELD ROAD, NE16 5RY

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

AddressSold DatePrice% Change
112 OAKFIELD ROADSemi-Detached, LeaseholdArea: 89 Sq.mtrAge: 1967-197504 Nov 2022£255,00035.64%
09 Feb 2017£188,0000.27%
20 Jan 2006£187,500104.92%
04 Dec 2000£91,500First Sale
110 OAKFIELD ROADSemi-Detached, LeaseholdArea: 69 Sq.mtrAge: 1976-198222 Feb 2019£180,00053.85%
02 Aug 2002£117,00095.00%
05 Aug 1999£60,000First Sale
116 OAKFIELD ROADSemi-Detached, LeaseholdArea: 109 Sq.mtrAge: 1967-197509 Dec 2014£245,000First Sale
117 OAKFIELD ROADSemi-Detached, Freehold02 Mar 2001£86,00045.76%
26 May 1995£59,000First Sale
124 OAKFIELD ROADSemi-Detached, Leasehold11 Jun 1999£89,000First Sale

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

OAKFIELD ROAD, NE16 5RY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £155,651 median price is £165,000 Standard Deviation is £69,467 with Total Sold: 1,042
    • The Last 5 Year average price is £234,337 with Total Sold: 190
    • 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 £220,291 median price is £218,500 Standard Deviation is £101,381 with Total Sold: 368
    • The Last 5 Year average price is £310,539 with Total Sold: 70
    • 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 , 23 RUNNYMEDE ROAD: £71,000 (Sold on 13 Feb 1995)
  • Terraced
    • The average price is around £155,967 median price is £164,950 Standard Deviation is £66,105 with Total Sold: 375
    • The Last 5 Year average price is £229,545 with Total Sold: 62
    • 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 £116,595 median price is £113,000 Standard Deviation is £50,136 with Total Sold: 156
    • The Last 5 Year average price is £131,786 with Total Sold: 22
    • 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 £129,618 median price is £119,500 Standard Deviation is £75,090 with Total Sold: 22
    • The Last 5 Year average price is £117,418 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£254,184 £3,515 19
2023£252,563 £3,166 39
2022£258,333 £2,937 28
2021£234,122 £2,785 39
2020£215,931 £2,398 33
2019£198,589 £2,532 32
2018£197,783 £2,385 35
2017£200,233 £2,444 33
2016£181,770 £2,313 41
2015£186,580 £2,271 35
2014£187,954 £2,090 35
2013£181,087 £2,143 31
2012£165,095 £2,071 20
2011£163,806 £2,156 26
2010£182,672 £2,121 20
2009£168,045 £2,070 28
2008£163,933 £2,082 19
2007£196,176 £2,103 43
2006£186,407 £2,078 38
2005£176,512 £2,156 29
2004£171,105 £1,951 33
2003£140,659 £1,626 37
2002£113,929 £1,307 48
2001£89,519 £1,131 39
2000£83,301 £997 42
1999£75,801 £901 49
1998£68,161 £876 49
1997£62,089 £769 37
1996£67,710 £765 57
1995£63,104 £752 28
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£268,786 £2,880 7
2023£400,562 £3,166 8
2022£288,750 £3,138 10
2021£311,398 £3,165 22
2020£270,857 £2,662 7
2019£313,591 £2,674 16
2018£266,586 £2,381 11
2017£280,329 £2,431 12
2016£241,583 £2,298 6
2015£255,084 £2,467 16
2014£250,667 £2,411 12
2013£231,994 £1,988 8
2012£247,723 £2,396 11
2011£204,309 £2,195 11
2010£264,361 £2,109 7
2009£222,625 £2,145 16
2008£254,000 £2,632 5
2007£250,155 £2,371 22
2006£253,153 £2,331 15
2005£227,711 £2,222 14
2004£222,887 £1,960 23
2003£196,725 £1,741 16
2002£149,078 £1,329 18
2001£105,875 £991 8
2000£113,685 £1,083 13
1999£95,188 £964 8
1998£98,886 £813 11
1997£107,359 £866 11
1996£82,447 £730 15
1995£105,050 £813 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£254,3754
2023£253,409 £2,660 11
2022£250,289 £2,650 9
2021£225,769 £2,443 17
2020£200,344 £2,380 9
2019£211,083 £2,421 12
2018£201,188 £2,187 13
2017£197,550 £2,190 8
2016£211,100 £2,238 5
2015£202,542 £2,193 13
2014£200,158 £1,890 6
2013£179,542 £1,803 16
2012£177,200 £1,912 10
2011£178,250 £1,740 16
2010£185,333 £1,950 9
2009£181,958 £2,122 13
2008£174,808 £1,920 13
2007£194,875 £2,104 12
2006£181,874 £2,320 17
2005£169,793 £2,060 15
2004£165,500 £2,311 9
2003£134,759 £1,612 18
2002£116,933 £1,165 15
2001£90,875 £856 14
2000£82,981 £922 13
1999£79,172 £902 11
1998£70,892 £766 12
1997£69,767 £621 24
1996£61,243 £632 14
1995£65,718 £715 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£137,250 £2,050 4
2023£168,649 £2,268 4
2022£115,000 £1,967 2
2021£120,386 £1,967 7
2020£157,000 £2,526 2
2019£96,333 £1,814 3
2018£132,988 £2,084 4
2017£116,000 £1,989 3
2016£120,199 £2,107 5
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£122,833 £2,246 3
2009£109,667 £2,146 6
2008£163,014 £3,009 16
2007£187,600 £1,788 5
2006£119,150 £2,008 6
2005£126,908 £1,728 6
2004£155,163 £2,295 15
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£162,500 £2,223 4
2022£62,250 £1,337 4
2021£156,375 £1,910 4
2020£110,000 £1,618 1
2019£82,200 £1,346 3
2018£142,500 £2,172 3
2017£283,000 £1,979 1
2015£145,0001

House Type in NE16 5RY area

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