Housing Market Analysis for OAKFIELD ROAD, NE16 5RZ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £193,575 median price is £195,500 Standard Deviation is £30,834 with Total Sold: 6
    • The Last 5 Year average price is £220,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 159 OAKFIELD ROAD: £230,000 (Sold on 15 Apr 2021)
    • The first recorded sale happened at this postcode is 155 OAKFIELD ROAD: £205,000 (Sold on 13 Apr 2023)
  • Terraced
    • The average price is around £132,500 median price is £132,500 Standard Deviation is £47,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 169 OAKFIELD ROAD: £180,000 (Sold on 11 Nov 2005)
    • The first recorded sale happened at this postcode is 169 OAKFIELD ROAD: £85,000 (Sold on 03 Aug 2000)
  • Detached
    • The average price is around £245,000 median price is £245,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 139 OAKFIELD ROAD: £245,000 (Sold on 15 Dec 2003)
    • The first recorded sale happened at this postcode is 139 OAKFIELD ROAD: £245,000 (Sold on 15 Dec 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5RZ 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
2021£230,000 £2,421 1
2012£186,000 £1,958 1
2007£175,500 £2,089 1
2003£139,9501
2023£215,000 £2,679 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£180,000 £1,875 1
2000£85,000 £885 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£245,0001

All the Sales in the OAKFIELD ROAD, NE16 5RZ

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

AddressSold DatePrice% Change
159 OAKFIELD ROADSemi-Detached, LeaseholdArea: 95 Sq.mtrAge: 1967-197515 Apr 2021£230,00023.66%
23 Nov 2012£186,000First Sale
157 OAKFIELD ROADSemi-Detached, LeaseholdArea: 84 Sq.mtrAge: 1967-197529 Jun 2007£175,500-22.00%
17 Nov 2023£225,000First Sale
169 OAKFIELD ROADTerraced, LeaseholdArea: 96 Sq.mtrAge: 1976-198211 Nov 2005£180,000111.76%
03 Aug 2000£85,000First Sale
139 OAKFIELD ROADDetached, Freehold15 Dec 2003£245,000First Sale
161 OAKFIELD ROADSemi-Detached, Leasehold29 Aug 2003£139,950First Sale
155 OAKFIELD ROADSemi-Detached, Freehold13 Apr 2023£205,000First Sale

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

OAKFIELD ROAD, NE16 5RZ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £146,789 median price is £155,000 Standard Deviation is £65,928 with Total Sold: 736
    • The Last 5 Year average price is £225,050 with Total Sold: 121
    • 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 £97,515 median price is £102,500 Standard Deviation is £41,438 with Total Sold: 190
    • The Last 5 Year average price is £121,417 with Total Sold: 23
    • 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 £227,102 median price is £224,500 Standard Deviation is £106,935 with Total Sold: 441
    • The Last 5 Year average price is £325,364 with Total Sold: 79
    • 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 £135,207 median price is £138,475 Standard Deviation is £63,493 with Total Sold: 406
    • The Last 5 Year average price is £206,286 with Total Sold: 61
    • 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 , 16 THE FOXHILLS: £44,500 (Sold on 10 Feb 1995)
  • Other
    • The average price is around £112,784 median price is £117,000 Standard Deviation is £71,584 with Total Sold: 25
    • The Last 5 Year average price is £100,300 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£265,700 £3,571 10
2023£242,060 £3,161 25
2022£241,319 £2,856 16
2021£229,174 £2,742 23
2020£205,192 £2,417 24
2019£194,167 £2,507 23
2018£193,474 £2,445 23
2017£185,486 £2,430 22
2016£178,040 £2,291 24
2015£176,348 £2,259 24
2014£174,268 £2,080 22
2013£171,890 £2,120 20
2012£162,303 £2,001 18
2011£155,225 £2,140 22
2010£185,056 £2,186 17
2009£168,323 £1,981 19
2008£154,222 £1,998 17
2007£190,722 £2,041 35
2006£176,612 £2,035 26
2005£177,022 £2,191 18
2004£159,808 £1,820 20
2003£132,255 £1,634 29
2002£111,393 £1,330 37
2001£86,039 £1,067 32
2000£80,238 £969 26
1999£72,855 £927 41
1998£67,671 £822 34
1997£57,777 £797 24
1996£62,385 £796 43
1995£63,316 £785 22
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£124,000 £2,050 4
2023£154,149 £2,242 4
2022£110,000 £1,864 1
2021£109,917 £1,943 6
2020£135,625 £2,166 4
2019£92,000 £1,930 4
2018£108,790 £2,043 5
2017£110,300 £2,032 5
2016£118,199 £2,154 5
2015£117,475 £1,904 2
2014£104,239 £1,823 14
2013£105,429 £1,783 7
2012£94,500 £1,470 4
2011£101,125 £1,686 4
2010£111,000 £1,790 1
2009£104,929 £2,105 7
2008£164,195 £3,146 14
2007£125,683 £1,916 9
2006£115,872 £2,108 9
2005£96,421 £1,897 7
2004£118,845 £1,821 10
2003£90,392 £1,559 12
2002£68,862 £1,115 4
2001£53,928 £1,217 9
2000£58,817 £964 3
1999£43,856 £923 8
1998£48,564 £801 7
1997£47,717 £841 6
1996£44,907 £742 7
1995£42,378 £797 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£279,583 £2,729 6
2023£444,950 £3,034 10
2022£306,044 £3,282 8
2021£327,694 £3,290 27
2020£310,109 £2,422 11
2019£286,438 £2,619 17
2018£261,871 £2,623 12
2017£298,718 £2,447 11
2016£267,136 £2,601 7
2015£273,583 £2,412 23
2014£270,684 £2,314 16
2013£235,295 £2,268 10
2012£229,079 £2,208 12
2011£213,883 £2,081 9
2010£322,429 £2,217 7
2009£230,333 £2,179 15
2008£360,000 £2,050 4
2007£265,590 £2,306 21
2006£290,120 £2,248 15
2005£261,000 £2,257 15
2004£239,914 £1,996 25
2003£231,937 £1,908 20
2002£167,589 £1,387 22
2001£143,897 £1,031 15
2000£123,133 £1,000 18
1999£109,769 £957 13
1998£109,028 £902 18
1997£104,164 £857 18
1996£93,306 £720 25
1995£109,836 £892 11
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£258,1254
2023£209,375 £2,643 12
2022£221,309 £2,703 11
2021£216,308 £2,288 10
2020£187,950 £2,364 10
2019£182,961 £2,367 14
2018£204,445 £2,015 10
2017£177,489 £2,149 9
2016£155,091 £2,068 11
2015£181,267 £2,028 9
2014£136,360 £1,576 5
2013£173,859 £1,838 11
2012£160,575 £1,938 6
2011£182,071 £2,107 7
2010£171,000 £1,859 6
2009£176,615 £2,061 13
2008£173,929 £2,069 14
2007£169,438 £2,169 16
2006£157,774 £2,243 23
2005£148,829 £2,309 21
2004£142,434 £1,815 16
2003£123,983 £1,658 20
2002£103,902 £1,260 22
2001£86,362 £978 17
2000£71,574 £937 21
1999£62,435 £843 17
1998£59,303 £760 16
1997£64,093 £712 22
1996£57,141 £683 16
1995£54,522 £684 17
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,0001
2023£175,667 £2,324 3
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£144,667 £1,358 3
2016£108,0001
2015£145,0001

House Type in NE16 5RZ area

The most common house types in the NE16 5RZ postcode area are Semi-detached (97), Detached (23), and Flat (7).

Total131
Semi-detached97
Detached23
Flat7
Terraced2
Shared house2
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (79), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright79
Owned: Owns with a mortgage or loan39
Private rented: Private landlord or letting agency8
Private rented: Other private rented4
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE16 5RZ have 2 people in household (60), and 1 person in household (36).

2 people in household60
1 person in household36
3 people in household22
4 people in household12
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0