Housing Market Analysis for SPRINGSYDE CLOSE, NE16 5UP

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £165,439 median price is £182,500 Standard Deviation is £65,345 with Total Sold: 9
    • The Last 5 Year average price is £255,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 6 SPRINGSYDE CLOSE: £273,000 (Sold on 11 Aug 2023)
    • The first recorded sale happened at this postcode is 6 SPRINGSYDE CLOSE: £64,500 (Sold on 10 May 1996)
  • Detached
    • The average price is around £215,000 median price is £215,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 17 SPRINGSYDE CLOSE: £215,000 (Sold on 25 Sep 2015)
    • The first recorded sale happened at this postcode is 17 SPRINGSYDE CLOSE: £215,000 (Sold on 25 Sep 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5UP 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£273,000 £2,967 1
2021£237,000 £2,215 1
2013£145,000 £1,883 1
2011£187,250 £1,906 2
2009£140,000 £1,308 1
2007£184,950 £2,010 1
1997£70,0001
1996£64,500 £701 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£215,000 £2,028 1

All the Sales in the SPRINGSYDE CLOSE, NE16 5UP

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

AddressSold DatePrice% Change
6 SPRINGSYDE CLOSESemi-Detached, LeaseholdArea: 92 Sq.mtrAge: 1967-197511 Aug 2023£273,00049.59%
19 Apr 2011£182,500-1.32%
20 Apr 2007£184,950186.74%
10 May 1996£64,500First Sale
5 SPRINGSYDE CLOSESemi-Detached, LeaseholdArea: 107 Sq.mtrAge: 1950-196619 Mar 2021£237,00069.29%
03 Apr 2009£140,000First Sale
17 SPRINGSYDE CLOSEDetached, LeaseholdArea: 106 Sq.mtrAge: 1967-197525 Sep 2015£215,000First Sale
15 SPRINGSYDE CLOSESemi-Detached, LeaseholdArea: 77 Sq.mtrAge: 1976-198213 Sep 2013£145,000First Sale
12 SPRINGSYDE CLOSESemi-Detached, LeaseholdArea: 104.96 Sq.mtrAge: 1967-197505 May 2011£192,000First Sale
14 SPRINGSYDE CLOSESemi-Detached, Leasehold28 Feb 1997£70,000First Sale

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

SPRINGSYDE CLOSE, NE16 5UP Near By properties

Interactive Map

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

  • Flat
    • The average price is around £93,849 median price is £99,500 Standard Deviation is £35,225 with Total Sold: 166
    • The Last 5 Year average price is £108,579 with Total Sold: 19
    • 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 £232,813 median price is £235,000 Standard Deviation is £110,114 with Total Sold: 342
    • The Last 5 Year average price is £339,782 with Total Sold: 55
    • The most recent sale happened at this postcode is , 25 CALLALEY AVENUE: £405,000 (Sold on 28 Jun 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 £132,094 median price is £127,750 Standard Deviation is £63,924 with Total Sold: 226
    • The Last 5 Year average price is £201,847 with Total Sold: 37
    • 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)
  • Semi-Detached
    • The average price is around £140,026 median price is £150,000 Standard Deviation is £63,148 with Total Sold: 330
    • The Last 5 Year average price is £212,205 with Total Sold: 45
    • The most recent sale happened at this postcode is , 10 WYNDLEY CLOSE: £273,000 (Sold on 05 Jun 2024)
    • The first recorded sale happened at this postcode is , 32 MARLOW WAY: £54,000 (Sold on 24 Mar 1995)
  • Other
    • The average price is around £122,912 median price is £117,000 Standard Deviation is £68,770 with Total Sold: 17
    • The Last 5 Year average price is £112,769 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£98,498 £2,141 2
2022£110,000 £1,864 1
2021£109,300 £2,000 5
2020£115,167 £1,986 3
2019£92,000 £1,930 4
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£103,779 £1,831 12
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£104,083 £2,039 6
2008£153,363 £3,146 13
2007£119,769 £1,916 8
2006£115,872 £2,108 9
2005£100,492 £2,041 6
2004£102,643 £1,917 7
2003£90,392 £1,559 12
2002£68,862 £1,115 4
2001£52,425 £1,177 8
2000£58,817 £964 3
1999£43,907 £913 7
1998£43,158 £820 6
1997£47,717 £841 6
1996£39,280 £766 5
1995£41,646 £793 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£325,000 £2,729 3
2023£463,062 £3,117 8
2022£331,670 £3,466 5
2021£330,933 £3,326 15
2020£320,836 £2,436 11
2019£296,688 £2,632 13
2018£267,636 £2,654 7
2017£296,491 £2,369 11
2016£311,869 £2,618 8
2015£293,020 £2,355 22
2014£304,263 £2,375 15
2013£231,658 £2,308 6
2012£260,600 £2,341 5
2011£252,195 £2,070 10
2010£301,400 £2,132 5
2009£251,714 £2,295 7
2008£370,0002
2007£279,181 £2,329 16
2006£284,442 £2,234 12
2005£279,308 £1,974 13
2004£244,797 £1,741 15
2003£228,328 £1,972 16
2002£174,747 £1,369 18
2001£140,645 £1,042 10
2000£125,869 £976 16
1999£114,929 £902 14
1998£109,607 £890 14
1997£101,059 £835 16
1996£95,398 £760 21
1995£112,994 £916 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£227,5002
2023£202,500 £2,658 11
2022£210,486 £2,736 7
2021£216,200 £2,229 5
2020£203,667 £2,374 3
2019£180,050 £2,159 9
2018£213,779 £2,011 7
2017£152,490 £1,935 5
2016£143,286 £2,072 7
2015£165,742 £2,071 6
2014£127,767 £1,410 3
2013£157,643 £1,909 7
2012£160,575 £1,938 6
2011£206,500 £2,398 2
2010£170,000 £1,910 2
2009£194,167 £2,014 6
2008£170,786 £2,037 7
2007£161,571 £2,082 7
2006£142,040 £2,143 10
2005£143,500 £2,254 13
2004£134,288 £1,684 12
2003£111,401 £1,670 11
2002£102,950 £1,240 11
2001£83,294 £1,016 8
2000£71,704 £924 13
1999£54,725 £827 10
1998£58,493 £919 7
1997£59,115 £743 10
1996£56,194 £695 9
1995£52,638 £692 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£234,3333
2023£211,000 £2,834 8
2022£235,018 £2,641 6
2021£223,944 £2,690 9
2020£203,796 £2,223 14
2019£175,890 £2,341 5
2018£185,945 £2,424 10
2017£197,667 £2,321 6
2016£181,172 £2,238 9
2015£176,627 £2,256 15
2014£167,790 £1,874 10
2013£168,207 £2,066 7
2012£169,050 £1,856 9
2011£146,100 £1,889 10
2010£202,625 £2,434 4
2009£161,164 £1,974 11
2008£152,955 £2,083 11
2007£193,832 £1,899 18
2006£167,869 £1,953 16
2005£175,200 £1,823 5
2004£153,904 £1,700 14
2003£131,262 £1,501 13
2002£103,185 £1,298 13
2001£82,394 £1,003 16
2000£75,529 £870 12
1999£70,062 £934 16
1998£65,709 £844 16
1997£54,600 £749 12
1996£60,276 £794 25
1995£59,707 £738 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£175,667 £2,324 3
2022£63,750 £2,049 2
2021£115,167 £1,805 3
2020£74,000 £1,147 3
2019£122,000 £2,000 2
2018£116,250 £1,903 2
2017£283,000 £1,979 1
2016£108,0001

House Type in NE16 5UP area

The most common house types in the NE16 5UP postcode area are Detached (102), Semi-detached (26), and Terraced (1).

Total130
Detached102
Semi-detached26
Terraced1
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (85), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright85
Owned: Owns with a mortgage or loan43
Private rented: Private landlord or letting agency2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
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 5UP have 2 people in household (68), and 4 people in household (21).

2 people in household68
4 people in household21
1 person in household20
3 people in household20
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0