Housing Market Analysis for REDHILL DRIVE, NE16 5TY

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £267,220 median price is £291,502 Standard Deviation is £124,336 with Total Sold: 18
    • The Last 5 Year average price is £358,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 9 REDHILL DRIVE: £358,000 (Sold on 06 Feb 2019)
    • The first recorded sale happened at this postcode is 12 REDHILL DRIVE: £89,500 (Sold on 18 Jan 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5TY 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£358,000 £3,086 1
2015£418,000 £1,975 1
2010£413,000 £1,952 1
2009£327,000 £2,013 1
2008£370,0002
2007£415,000 £1,961 2
2005£256,005 £2,016 1
2004£377,500 £1,784 1
2002£179,9501
2001£135,000 £1,063 1
2000£170,000 £1,105 2
1999£120,000 £876 1
1997£120,000 £739 1
1996£97,750 £705 2

All the Sales in the REDHILL DRIVE, NE16 5TY

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

AddressSold DatePrice% Change
9 REDHILL DRIVEDetached, FreeholdArea: 116 Sq.mtrAge: 1976-198206 Feb 2019£358,000130.97%
20 Dec 2000£155,000First Sale
2 REDHILL DRIVEDetached, FreeholdArea: 211.6 Sq.mtrAge: 1976-198212 Mar 2015£418,0001.21%
23 Jul 2010£413,000-0.48%
04 Jun 2007£415,0000.0
04 May 2007£415,0009.93%
22 Jul 2004£377,500104.05%
31 Jan 2000£185,000First Sale
1 REDHILL DRIVEDetached, LeaseholdArea: 162.48 Sq.mtrAge: 1976-198221 Sep 2009£327,000172.50%
21 Mar 1997£120,000First Sale
10 REDHILL DRIVEDetached, Freehold29 Aug 2008£370,0000.0
29 Aug 2008£370,000105.61%
15 Jul 2002£179,95069.76%
04 Oct 1996£106,000First Sale
12 REDHILL DRIVEDetached, LeaseholdArea: 127 Sq.mtrAge: 1976-198218 Feb 2005£256,00589.63%
15 Jun 2001£135,00050.84%
18 Jan 1996£89,500First Sale
13 REDHILL DRIVEDetached, LeaseholdArea: 137 Sq.mtrAge: 1967-197519 Mar 1999£120,000First Sale

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

REDHILL DRIVE, NE16 5TY Near By properties

Interactive Map

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

  • Flat
    • The average price is around £100,292 median price is £108,500 Standard Deviation is £34,268 with Total Sold: 143
    • The Last 5 Year average price is £112,176 with Total Sold: 17
    • 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)
  • Semi-Detached
    • The average price is around £144,043 median price is £155,000 Standard Deviation is £63,554 with Total Sold: 331
    • The Last 5 Year average price is £214,851 with Total Sold: 49
    • The most recent sale happened at this postcode is , 18 WINDSOR CLOSE: £255,000 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is , 32 MARLOW WAY: £54,000 (Sold on 24 Mar 1995)
  • Terraced
    • The average price is around £148,438 median price is £155,500 Standard Deviation is £62,734 with Total Sold: 146
    • The Last 5 Year average price is £211,519 with Total Sold: 29
    • 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 , 8 CLOCKBURNSYDE CLOSE: £67,000 (Sold on 24 Feb 1995)
  • Detached
    • The average price is around £237,334 median price is £238,500 Standard Deviation is £112,069 with Total Sold: 298
    • The Last 5 Year average price is £345,090 with Total Sold: 47
    • The most recent sale happened at this postcode is , 24 SUNNIDALE: £322,000 (Sold on 09 Feb 2024)
    • The first recorded sale happened at this postcode is , 31 FOXHILLS COVERT: £120,000 (Sold on 17 Feb 1995)
  • Other
    • The average price is around £112,912 median price is £115,750 Standard Deviation is £57,634 with Total Sold: 16
    • The Last 5 Year average price is £112,777 with Total Sold: 13
    • 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£124,000 £2,050 4
2023£119,995 £2,449 1
2022£110,000 £1,864 1
2021£109,300 £2,000 5
2020£115,167 £1,986 3
2019£96,333 £1,814 3
2018£108,790 £2,043 5
2017£108,875 £2,065 4
2016£119,499 £2,320 4
2015£117,475 £1,904 2
2014£108,950 £1,776 10
2013£105,500 £1,807 6
2012£99,167 £1,576 3
2011£99,833 £1,683 3
2010£111,000 £1,790 1
2009£108,400 £2,019 5
2008£153,363 £3,146 13
2007£123,993 £1,870 7
2006£119,231 £2,008 8
2005£116,500 £1,695 3
2004£122,143 £1,723 7
2003£91,518 £1,484 11
2002£68,862 £1,115 4
2001£59,362 £1,048 4
2000£58,817 £964 3
1999£48,475 £815 4
1998£43,800 £737 5
1997£49,360 £742 5
1996£41,663 £660 4
1995£45,490 £719 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£239,5004
2023£211,000 £2,834 8
2022£251,873 £2,763 7
2021£220,550 £2,721 10
2020£198,088 £2,263 13
2019£191,136 £2,263 7
2018£190,450 £2,475 12
2017£208,000 £2,306 7
2016£183,050 £2,229 10
2015£176,627 £2,256 15
2014£164,295 £1,885 10
2013£161,064 £2,039 7
2012£162,035 £1,937 13
2011£155,909 £1,876 11
2010£167,983 £2,827 3
2009£161,164 £1,974 11
2008£154,773 £2,161 11
2007£190,531 £1,865 17
2006£175,212 £1,956 16
2005£170,200 £2,180 5
2004£161,819 £1,867 13
2003£131,262 £1,483 13
2002£103,185 £1,298 13
2001£79,887 £984 15
2000£73,445 £834 11
1999£69,783 £934 15
1998£67,427 £826 15
1997£58,582 £750 11
1996£56,507 £810 21
1995£59,707 £738 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£227,5002
2023£212,833 £2,583 9
2022£222,100 £2,713 6
2021£245,000 £2,291 3
2020£188,000 £2,279 3
2019£188,658 £1,933 6
2018£213,779 £2,011 7
2017£170,988 £1,860 4
2016£187,500 £2,010 2
2015£156,890 £2,089 5
2014£190,625 £2,098 2
2013£148,375 £1,760 4
2012£165,375 £1,878 4
2011£150,000 £1,938 1
2010£170,000 £1,910 2
2009£194,167 £2,014 6
2008£178,417 £2,037 6
2007£162,250 £1,727 4
2006£172,500 £2,163 4
2005£179,700 £2,036 5
2004£147,494 £1,693 8
2003£123,415 £1,576 7
2002£112,250 £1,304 8
2001£89,680 £910 5
2000£82,169 £968 8
1999£59,961 £751 5
1998£70,667 £704 3
1997£64,242 £679 6
1996£64,125 £618 4
1995£56,768 £595 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£285,000 £2,729 2
2023£507,833 £3,165 6
2022£331,670 £3,466 5
2021£327,817 £3,342 15
2020£327,967 £2,286 9
2019£307,495 £2,577 10
2018£254,421 £2,614 7
2017£317,300 £2,420 8
2016£322,500 £2,671 6
2015£294,688 £2,310 21
2014£317,227 £2,372 13
2013£231,590 £2,336 5
2012£278,250 £2,390 4
2011£252,195 £2,070 10
2010£323,000 £2,134 4
2009£240,875 £2,295 8
2008£370,0002
2007£293,583 £2,351 12
2006£279,754 £2,309 13
2005£293,900 £1,931 10
2004£243,463 £1,752 15
2003£226,788 £1,843 13
2002£176,028 £1,290 16
2001£140,645 £1,042 10
2000£127,064 £976 14
1999£120,545 £902 11
1998£116,850 £883 10
1997£101,697 £835 15
1996£96,315 £760 17
1995£118,493 £931 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£175,667 £2,324 3
2022£125,000 £2,049 1
2021£115,167 £1,805 3
2020£74,000 £1,147 3
2019£82,200 £1,346 3
2018£116,250 £1,903 2
2016£108,0001

House Type in NE16 5TY area

The most common house types in the NE16 5TY postcode area are Detached (86), Semi-detached (42), and Flat (2).

Total130
Detached86
Semi-detached42
Flat2
Terraced0
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 (74), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright74
Owned: Owns with a mortgage or loan44
Private rented: Private landlord or letting agency10
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE16 5TY have 2 people in household (57), and 1 person in household (27).

2 people in household57
1 person in household27
4 people in household21
3 people in household19
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0