Housing Market Analysis for RAVENSCAR CLOSE, NE16 5TW

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

Overview of Sold House prices

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

Flat
- The average price is around £86,423 median price is £95,000 Standard Deviation is £29,762 with Total Sold: 13
- The Last 5 Year average price is £117,000 with Total Sold: 2
- The most recent sale happened at this postcode is 26 RAVENSCAR CLOSE: £119,000 (Sold on 01 Apr 2021)
- The first recorded sale happened at this postcode is 29 RAVENSCAR CLOSE: £39,000 (Sold on 29 Sep 1995)
Semi-Detached
- The average price is around £102,124 median price is £82,000 Standard Deviation is £61,732 with Total Sold: 25
- The Last 5 Year average price is £137,000 with Total Sold: 2
- The most recent sale happened at this postcode is 12 RAVENSCAR CLOSE: £186,000 (Sold on 25 Feb 2021)
- The first recorded sale happened at this postcode is 28 RAVENSCAR CLOSE: £41,500 (Sold on 03 Apr 1996)
Detached
- The average price is around £177,890 median price is £218,000 Standard Deviation is £70,590 with Total Sold: 5
- The most recent sale happened at this postcode is 2 RAVENSCAR CLOSE: £247,000 (Sold on 16 Sep 2016)
- The first recorded sale happened at this postcode is 3 RAVENSCAR CLOSE: £94,500 (Sold on 29 Nov 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5TW 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£119,000	£2,429	1
2020	£115,000	£2,170	1
2018	£104,667	£2,169	3
2017	£101,750	£2,097	2
2008	£110,000	£2,289	1
2003	£79,000		1
2001	£58,000	£1,184	1
1998	£46,000	£939	1
1996	£40,000		1
1995	£39,000	£696	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£186,000	£2,735	1
2020	£88,000	£1,760	1
2016	£82,000	£1,722	1
2015	£172,000	£2,423	1
2014	£170,000	£1,789	1
2008	£180,000	£2,535	1
2007	£232,375		2
2006	£119,950	£2,448	1
2004	£96,000	£2,016	1
2003	£162,000		1
2002	£63,500	£1,316	2
2001	£85,483	£1,240	3
1999	£47,225	£978	2
1998	£64,500	£908	1
1997	£43,000	£896	1
1996	£49,400	£864	5

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£247,000	£3,250	1
2013	£218,000	£2,396	1
2006	£239,950		1
2000	£90,000		1
1999	£94,500	£1,038	1

All the Sales in the RAVENSCAR CLOSE, NE16 5TW

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

Address	Sold Date	Price	% Change
26 RAVENSCAR CLOSEFlat, LeaseholdArea: 49 Sq.mtrAge: 1976-1982	01 Apr 2021	£119,000	-0.79%
	14 Jul 2006	£119,950	99.92%
	12 Apr 2002	£60,000	31.87%
	26 Mar 1999	£45,500	10.98%
	27 Dec 1996	£41,000	First Sale
12 RAVENSCAR CLOSESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1983-1990	25 Feb 2021	£186,000	First Sale
23 RAVENSCAR CLOSEFlat, LeaseholdArea: 53 Sq.mtrAge: 1967-1975	30 Oct 2020	£115,000	First Sale
25 RAVENSCAR CLOSESemi-Detached, LeaseholdArea: 50 Sq.mtrAge: 1983-1990	19 Jun 2020	£88,000	First Sale
28 RAVENSCAR CLOSEFlat, LeaseholdArea: 47.63 Sq.mtrAge: 1976-1982	07 Aug 2018	£85,000	3.66%
	22 Apr 2016	£82,000	-14.58%
	25 Mar 2004	£96,000	43.28%
	01 Oct 2002	£67,000	36.87%
	30 Sep 1999	£48,950	17.95%
	03 Apr 1996	£41,500	First Sale
18 RAVENSCAR CLOSEFlat, LeaseholdArea: 48.05 Sq.mtrAge: 1983-1990	03 Aug 2018	£119,000	8.18%
	18 Jan 2008	£110,000	First Sale
22 RAVENSCAR CLOSEFlat, LeaseholdArea: 49 Sq.mtrAge: 1967-1975	12 Apr 2018	£110,000	89.66%
	29 Jun 2001	£58,000	26.09%
	06 Feb 1998	£46,000	First Sale
19 RAVENSCAR CLOSEFlat, LeaseholdArea: 49 Sq.mtrAge: 1983-1990	14 Sep 2017	£108,500	First Sale
24 RAVENSCAR CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1976-1982	05 Jul 2017	£95,000	First Sale
2 RAVENSCAR CLOSEDetached, FreeholdArea: 76 Sq.mtrAge: 1976-1982	16 Sep 2016	£247,000	First Sale
13 RAVENSCAR CLOSESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1991-1995	21 Aug 2015	£172,000	-4.44%
	17 Jul 2008	£180,000	179.07%
	09 Oct 1998	£64,500	First Sale
11 RAVENSCAR CLOSESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1983-1990	19 Sep 2014	£170,000	First Sale
3 RAVENSCAR CLOSEDetached, FreeholdArea: 91 Sq.mtrAge: 1983-1990	22 Nov 2013	£218,000	130.69%
	29 Nov 1999	£94,500	First Sale
17 RAVENSCAR CLOSESemi-Detached, Freehold	07 Dec 2007	£189,750	203.60%
17 RAVENSCAR CLOSESemi-Detached, Freehold	31 Jul 1996	£62,500	First Sale
30 RAVENSCAR CLOSESemi-Detached, Freehold	30 May 2007	£275,000	First Sale
35 RAVENSCAR CLOSEDetached, Freehold	25 Aug 2006	£239,950	First Sale
27 RAVENSCAR CLOSEFlat, Leasehold	18 Aug 2003	£79,000	97.50%
27 RAVENSCAR CLOSEFlat, Leasehold	24 May 1996	£40,000	First Sale
36 RAVENSCAR CLOSESemi-Detached, Freehold	04 Apr 2003	£162,000	43.36%
36 RAVENSCAR CLOSESemi-Detached, Freehold	25 Jun 2001	£113,000	First Sale
21 RAVENSCAR CLOSESemi-Detached, LeaseholdArea: 48 Sq.mtrAge: 1983-1990	12 Apr 2001	£59,500	38.37%
	01 May 1997	£43,000	1.18%
	29 Oct 1996	£42,500	First Sale
16 RAVENSCAR CLOSESemi-Detached, Freehold	09 Mar 2001	£83,950	41.09%
16 RAVENSCAR CLOSESemi-Detached, Freehold	02 Dec 1996	£59,500	First Sale
33 RAVENSCAR CLOSEDetached, Freehold	30 Jun 2000	£90,000	First Sale
29 RAVENSCAR CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 1983-1990	29 Sep 1995	£39,000	First Sale

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

RAVENSCAR CLOSE, NE16 5TW Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £142,808 median price is £152,000 Standard Deviation is £64,600 with Total Sold: 425
- The Last 5 Year average price is £218,661 with Total Sold: 63
- 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 £95,391 median price is £102,250 Standard Deviation is £38,192 with Total Sold: 184
- The Last 5 Year average price is £110,028 with Total Sold: 21
- 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 £232,704 median price is £235,000 Standard Deviation is £108,039 with Total Sold: 381
- The Last 5 Year average price is £333,714 with Total Sold: 69
- The most recent sale happened at this postcode is , 10 ALLERTON PLACE: £255,000 (Sold on 01 Jul 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 £132,717 median price is £129,975 Standard Deviation is £63,581 with Total Sold: 298
- The Last 5 Year average price is £205,374 with Total Sold: 49
- 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 £112,529 median price is £117,000 Standard Deviation is £71,687 with Total Sold: 21
- The Last 5 Year average price is £105,907 with Total Sold: 15
- The most recent sale happened at this postcode is , 51 GLENHURST DRIVE: £130,000 (Sold on 08 Nov 2023)
- The first recorded sale happened at this postcode is , 23 LEASYDE WALK: £108,000 (Sold on 04 Jul 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£257,833		6
2023	£217,545	£2,843	11
2022	£246,457	£2,828	9
2021	£221,042	£2,754	12
2020	£202,384	£2,335	16
2019	£191,878	£2,393	9
2018	£188,064	£2,435	14
2017	£189,000	£2,204	9
2016	£171,667	£2,193	15
2015	£180,275	£2,243	16
2014	£166,173	£1,923	11
2013	£167,041	£2,088	11
2012	£161,318	£1,942	14
2011	£149,731	£1,933	13
2010	£194,658	£2,351	6
2009	£164,600	£1,936	13
2008	£156,458	£2,083	12
2007	£189,709	£1,887	21
2006	£175,661	£1,956	18
2005	£176,161	£2,087	9
2004	£158,166	£1,697	16
2003	£131,275	£1,501	16
2002	£105,911	£1,245	18
2001	£83,100	£1,032	18
2000	£75,989	£852	14
1999	£69,457	£926	21
1998	£65,993	£844	21
1997	£55,477	£807	15
1996	£61,873	£776	30
1995	£64,350	£752	11

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£124,000	£2,050	4
2023	£110,532	£2,163	3
2022	£110,000	£1,864	1
2021	£109,917	£1,943	6
2020	£115,167	£1,986	3
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	£119,769	£1,916	8
2006	£115,872	£2,108	9
2005	£96,421	£1,897	7
2004	£113,167	£1,821	9
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	£43,158	£820	6
1997	£47,717	£841	6
1996	£40,725	£786	6
1995	£42,378	£797	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£307,500	£2,729	4
2023	£444,950	£3,034	10
2022	£312,621	£3,304	7
2021	£324,784	£3,289	22
2020	£316,767	£2,413	12
2019	£300,854	£2,650	14
2018	£256,994	£2,657	8
2017	£296,491	£2,369	11
2016	£311,869	£2,618	8
2015	£284,956	£2,414	25
2014	£297,879	£2,368	17
2013	£231,658	£2,308	6
2012	£254,143	£2,295	7
2011	£252,195	£2,070	10
2010	£297,833	£2,206	6
2009	£235,778	£2,273	9
2008	£370,000		2
2007	£281,876	£2,329	17
2006	£279,754	£2,309	13
2005	£279,308	£1,974	13
2004	£235,100	£1,872	19
2003	£224,309	£1,902	17
2002	£173,968	£1,369	19
2001	£132,859	£1,031	11
2000	£125,869	£976	16
1999	£114,929	£902	14
1998	£110,281	£911	16
1997	£100,056	£857	17
1996	£95,428	£764	23
1995	£112,994	£916	8

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£258,333		3
2023	£202,500	£2,658	11
2022	£214,267	£2,657	9
2021	£227,286	£2,298	7
2020	£188,571	£2,293	7
2019	£185,121	£2,368	12
2018	£205,556	£2,059	8
2017	£162,486	£1,984	7
2016	£145,600	£2,066	10
2015	£168,636	£2,046	7
2014	£132,950	£1,566	4
2013	£157,643	£1,909	7
2012	£160,575	£1,938	6
2011	£206,500	£2,398	2
2010	£175,000	£1,910	3
2009	£181,722	£2,065	9
2008	£171,000	£2,078	10
2007	£162,708	£2,136	12
2006	£146,590	£2,176	15
2005	£142,997	£2,255	16
2004	£136,889	£1,789	14
2003	£114,458	£1,676	14
2002	£102,866	£1,227	16
2001	£81,735	£1,020	10
2000	£71,564	£935	18
1999	£55,200	£827	11
1998	£58,325	£853	12
1997	£61,173	£729	15
1996	£56,175	£695	10
1995	£53,068	£695	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£175,667	£2,324	3
2022	£82,500	£1,992	3
2021	£115,167	£1,805	3
2020	£74,000	£1,147	3
2019	£82,200	£1,346	3
2018	£116,250	£1,903	2
2017	£144,667	£1,358	3
2016	£108,000		1

House Type in NE16 5TW area

The most common house types in the NE16 5TW postcode area are Flat (46), Semi-detached (32), and Detached (26).

Total	127
Flat	46
Semi-detached	32
Detached	26
Terraced	20
Shared house	3
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (55), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright	55
Owned: Owns with a mortgage or loan	39
Private rented: Private landlord or letting agency	30
Social rented: Other social rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE16 5TW have 1 person in household (50), and 2 people in household (47).

1 person in household	50
2 people in household	47
3 people in household	19
4 people in household	12
0 people in household	0
5 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0