Housing Market Analysis for LAMBLEY CLOSE, NE16 5XH

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

Overview of Sold House prices

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

Terraced
- The average price is around £89,409 median price is £105,500 Standard Deviation is £37,906 with Total Sold: 47
- The Last 5 Year average price is £134,237 with Total Sold: 8
- The most recent sale happened at this postcode is 3 LAMBLEY CLOSE: £162,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is 16 LAMBLEY CLOSE: £133,895 (Sold on 07 Feb 2022)
Semi-Detached
- The average price is around £90,045 median price is £87,000 Standard Deviation is £40,756 with Total Sold: 11
- The Last 5 Year average price is £145,750 with Total Sold: 2
- The most recent sale happened at this postcode is 20 LAMBLEY CLOSE: £136,500 (Sold on 14 Feb 2022)
- The first recorded sale happened at this postcode is 20 LAMBLEY CLOSE: £155,000 (Sold on 01 Dec 2023)
Flat
- The average price is around £67,975 median price is £52,100 Standard Deviation is £33,351 with Total Sold: 4
- The most recent sale happened at this postcode is 3 LAMBLEY CLOSE: £124,950 (Sold on 17 Nov 2006)
- The first recorded sale happened at this postcode is 6 LAMBLEY CLOSE: £42,750 (Sold on 16 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5XH 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£162,000		1
2023	£148,000	£2,145	2
2022	£136,698	£2,040	2
2021	£105,500	£1,575	1
2019	£118,500	£1,730	2
2018	£120,000		1
2017	£124,000	£1,824	1
2015	£120,250	£1,769	2
2014	£101,500	£1,446	2
2013	£117,575	£1,664	2
2011	£113,000	£1,589	1
2007	£115,000	£1,659	1
2006	£122,975	£1,796	2
2005	£121,500	£1,866	4
2004	£120,000		1
2002	£73,625	£1,075	2
2001	£56,925	£839	4
2000	£51,950		1
1999	£49,783	£715	6
1998	£44,725	£647	4
1997	£46,250	£689	2
1996	£43,750	£657	2
1995	£41,250	£598	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£136,500	£2,037	1
2017	£110,000	£1,692	1
2015	£121,000	£1,806	1
2013	£87,000	£1,299	1
2007	£135,000	£1,985	1
2001	£58,000	£853	1
1998	£52,000	£765	1
1997	£45,500	£700	1
1996	£45,250	£612	2
2023	£155,000	£2,313	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£124,950	£1,838	1
2001	£57,700	£861	1
1995	£44,625	£638	2

All the Sales in the LAMBLEY CLOSE, NE16 5XH

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

Address	Sold Date	Price	% Change
3 LAMBLEY CLOSETerraced, Leasehold	31 May 2024	£162,000	29.65%
	17 Nov 2006	£124,950	0.0
	17 Nov 2006	£124,950	67.72%
	30 Aug 2002	£74,500	-38.93%
	18 Oct 2013	£122,000	First Sale
4 LAMBLEY CLOSETerraced, LeaseholdArea: 69 Sq.mtrAge: 1976-1982	03 Nov 2023	£148,000	0.0
	03 Nov 2023	£148,000	24.37%
	23 Aug 2019	£119,000	141.62%
	29 Oct 1999	£49,250	19.39%
	20 Oct 1995	£41,250	First Sale
23 LAMBLEY CLOSETerraced, FreeholdArea: 67 Sq.mtrAge: 1967-1975	07 Oct 2022	£139,500	197.12%
	06 Feb 1998	£46,950	First Sale
20 LAMBLEY CLOSESemi-Detached, LeaseholdArea: 67 Sq.mtrAge: 1967-1975	14 Feb 2022	£136,500	12.81%
	22 May 2015	£121,000	39.08%
	01 Nov 2013	£87,000	112.20%
	06 Sep 1996	£41,000	-73.55%
	01 Dec 2023	£155,000	First Sale
10 LAMBLEY CLOSETerraced, LeaseholdArea: 67 Sq.mtrAge: 1967-1975	15 Jun 2021	£105,500	139.77%
	29 Mar 1996	£44,000	First Sale
5 LAMBLEY CLOSETerraced, LeaseholdArea: 68 Sq.mtrAge: 1967-1975	30 Jul 2019	£118,000	133.66%
	07 May 1999	£50,500	7.45%
	14 Aug 1998	£47,000	First Sale
15 LAMBLEY CLOSETerraced, Freehold	01 May 2018	£120,000	-3.23%
	25 Feb 2005	£124,000	169.57%
	15 Jul 1997	£46,000	First Sale
22 LAMBLEY CLOSETerraced, LeaseholdArea: 68 Sq.mtrAge: 1950-1966	28 Jun 2017	£124,000	9.59%
	05 Jul 2013	£113,150	105.73%
	30 Mar 2001	£55,000	First Sale
21 LAMBLEY CLOSESemi-Detached, LeaseholdArea: 65 Sq.mtrAge: 1976-1982	21 Apr 2017	£110,000	141.76%
	19 Dec 1997	£45,500	First Sale
27 LAMBLEY CLOSETerraced, LeaseholdArea: 69 Sq.mtrAge: 1967-1975	23 Oct 2015	£118,000	38.82%
	14 Aug 2014	£85,000	-29.75%
	10 Jul 2006	£121,000	66.32%
	27 Sep 2002	£72,750	28.31%
	11 May 2001	£56,700	First Sale
6 LAMBLEY CLOSETerraced, LeaseholdArea: 67 Sq.mtrAge: 1967-1975	24 Jul 2015	£122,500	112.31%
	05 Jan 2001	£57,700	34.97%
	16 Aug 1995	£42,750	First Sale
24 LAMBLEY CLOSETerraced, FreeholdArea: 71.1 Sq.mtrAge: 1967-1975	17 Mar 2014	£118,000	4.42%
	28 Oct 2011	£113,000	189.74%
	22 May 1998	£39,000	First Sale
25 LAMBLEY CLOSESemi-Detached, LeaseholdArea: 68 Sq.mtrAge: 1967-1975	23 Feb 2007	£135,000	132.76%
	18 Sep 2001	£58,000	11.54%
	23 Oct 1998	£52,000	First Sale
8 LAMBLEY CLOSETerraced, LeaseholdArea: 69.3 Sq.mtrAge: 1967-1975	05 Feb 2007	£115,000	First Sale
29 LAMBLEY CLOSETerraced, Leasehold	09 Dec 2005	£117,000	138.78%
	21 May 1999	£49,000	12.64%
	17 Dec 1996	£43,500	First Sale
18 LAMBLEY CLOSETerraced, Leasehold	25 Aug 2005	£120,000	161.15%
18 LAMBLEY CLOSETerraced, Leasehold	10 Jul 1998	£45,950	First Sale
16 LAMBLEY CLOSETerraced, LeaseholdArea: 67 Sq.mtrAge: 1967-1975	18 Feb 2005	£125,000	140.38%
	19 Jan 2001	£52,000	-61.16%
	07 Feb 2022	£133,895	First Sale
17 LAMBLEY CLOSETerraced, Leasehold	27 Aug 2004	£120,000	137.62%
17 LAMBLEY CLOSETerraced, Leasehold	01 Oct 1999	£50,500	First Sale
9 LAMBLEY CLOSETerraced, LeaseholdArea: 67.46 Sq.mtrAge: 1967-1975	28 Sep 2001	£64,000	37.63%
	18 Jul 1997	£46,500	First Sale
12 LAMBLEY CLOSETerraced, Leasehold	21 Dec 2000	£51,950	9.37%
12 LAMBLEY CLOSETerraced, Leasehold	26 Mar 1999	£47,500	First Sale
28 LAMBLEY CLOSETerraced, LeaseholdArea: 75.48 Sq.mtrAge: 1967-1975	18 Jun 1999	£51,950	First Sale
13 LAMBLEY CLOSESemi-Detached, Freehold	17 Dec 1996	£49,500	First Sale
26 LAMBLEY CLOSEFlat, Leasehold	01 Sep 1995	£46,500	First Sale

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

LAMBLEY CLOSE, NE16 5XH Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £113,974 median price is £105,000 Standard Deviation is £56,382 with Total Sold: 398
- The Last 5 Year average price is £169,479 with Total Sold: 54
- The most recent sale happened at this postcode is , 6 WANSBECK CLOSE: £275,000 (Sold on 15 Jul 2024)
- The first recorded sale happened at this postcode is , 4 PLENMELLER PLACE: £70,000 (Sold on 27 Jan 1995)
Terraced
- The average price is around £95,134 median price is £100,500 Standard Deviation is £39,593 with Total Sold: 498
- The Last 5 Year average price is £133,955 with Total Sold: 76
- The most recent sale happened at this postcode is , 171 KINGSWAY: £162,000 (Sold on 25 Jun 2024)
- The first recorded sale happened at this postcode is , 163 KINGSWAY: £42,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £66,151 median price is £68,000 Standard Deviation is £24,895 with Total Sold: 191
- The Last 5 Year average price is £79,092 with Total Sold: 24
- The most recent sale happened at this postcode is , 15 CALDER WALK: £88,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 208 KINGSWAY: £36,500 (Sold on 06 Jan 1995)
Detached
- The average price is around £194,358 median price is £175,000 Standard Deviation is £112,089 with Total Sold: 90
- The Last 5 Year average price is £325,269 with Total Sold: 13
- The most recent sale happened at this postcode is , 23 HOLE LANE: £585,000 (Sold on 14 Dec 2023)
- The first recorded sale happened at this postcode is , 4 HOLE LANE: £101,950 (Sold on 15 Mar 1995)
Other
- The average price is around £241,880 median price is £130,000 Standard Deviation is £347,845 with Total Sold: 10
- The Last 5 Year average price is £414,375 with Total Sold: 4
- The most recent sale happened at this postcode is , 40 CLOVER HILL: £147,500 (Sold on 23 Jun 2023)
- The first recorded sale happened at this postcode is , 22 COANWOOD WAY: £5,650 (Sold on 06 Jul 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£141,800	£1,563	5
2023	£177,550	£2,306	10
2022	£180,850	£2,279	10
2021	£169,204	£2,108	12
2020	£162,106	£1,956	9
2019	£171,181	£2,006	8
2018	£177,361	£1,969	14
2017	£152,889	£1,765	23
2016	£117,532	£1,430	14
2015	£136,591	£1,722	11
2014	£142,500	£1,600	9
2013	£155,818	£1,819	11
2012	£139,240	£1,585	10
2011	£144,317	£1,491	3
2010	£114,375	£1,492	4
2009	£119,583	£1,688	6
2008	£126,421	£1,683	14
2007	£138,559	£1,761	17
2006	£132,175	£1,353	14
2005	£130,966	£1,565	16
2004	£128,893	£1,637	30
2003	£96,379	£1,146	14
2002	£79,714	£999	18
2001	£64,881	£829	18
2000	£66,650	£748	13
1999	£51,495	£635	20
1998	£51,782	£664	23
1997	£54,280	£643	15
1996	£41,438	£536	10
1995	£50,559	£576	17

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£168,500		6
2023	£151,292	£1,820	12
2022	£138,711	£1,713	9
2021	£129,050	£1,705	14
2020	£129,812	£1,660	16
2019	£116,947	£1,496	19
2018	£120,138	£1,421	13
2017	£120,000	£1,688	15
2016	£117,014	£1,540	14
2015	£110,588	£1,478	17
2014	£110,925	£1,398	16
2013	£106,256	£1,451	16
2012	£120,632	£1,331	11
2011	£115,385	£1,392	10
2010	£113,281	£1,462	8
2009	£108,533	£1,501	15
2008	£127,535	£1,584	13
2007	£118,338	£1,565	27
2006	£110,310	£1,633	24
2005	£110,563	£1,534	15
2004	£107,696	£1,452	28
2003	£80,878	£940	18
2002	£66,268	£949	22
2001	£57,297	£724	31
2000	£50,486	£720	22
1999	£48,214	£619	21
1998	£48,107	£723	15
1997	£42,189	£571	14
1996	£44,023	£469	11
1995	£40,077	£613	26

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£90,750		2
2023	£75,208	£1,498	6
2022	£78,750	£1,465	4
2021	£82,750	£1,525	2
2020	£77,125	£1,494	4
2019	£79,408	£1,500	6
2018	£76,738	£1,464	4
2017	£71,200	£1,305	5
2016	£85,000	£1,667	1
2015	£82,375	£1,597	4
2014	£70,389	£1,338	9
2013	£68,658	£1,440	6
2012	£72,250	£1,439	6
2011	£49,350	£857	3
2010	£74,975	£1,533	4
2009	£67,000	£1,797	1
2008	£95,225	£1,783	4
2007	£93,586	£1,701	11
2006	£93,306	£1,793	8
2005	£89,227	£1,689	15
2004	£101,767	£1,720	6
2003	£64,933	£1,226	14
2002	£54,970	£1,031	10
2001	£43,246	£773	13
2000	£38,250	£766	2
1999	£37,077	£674	11
1998	£36,338	£699	8
1997	£34,917	£616	6
1996	£34,500	£682	3
1995	£34,650	£615	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£401,700	£2,441	5
2022	£348,333	£3,416	3
2021	£297,500	£2,464	2
2020	£193,333	£2,436	3
2018	£238,000	£2,042	2
2017	£174,125	£2,225	4
2016	£225,000	£1,373	3
2015	£231,400	£2,022	5
2014	£235,000	£2,448	4
2013	£326,650	£1,698	3
2012	£205,000	£1,463	2
2011	£312,983	£1,914	3
2010	£152,750	£1,479	1
2009	£225,000	£2,613	1
2008	£189,738	£1,504	4
2007	£244,790	£1,727	5
2006	£150,000	£1,531	1
2004	£186,667	£1,760	3
2003	£183,000		3
2002	£135,583	£1,143	6
2001	£125,000		4
2000	£136,000	£897	3
1999	£86,880	£817	5
1998	£80,686	£1,268	7
1997	£75,250	£486	4
1996	£81,750	£352	2
1995	£92,725	£609	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£147,500	£1,586	1
2022	£130,000	£1,477	1
2020	£690,000	£1,970	2
2018	£5,650	£54	1
2017	£187,500	£1,821	4
2016	£5,650	£50	1

House Type in NE16 5XH area

The most common house types in the NE16 5XH postcode area are Terraced (56), Semi-detached (33), and Flat (32).

Total	124
Terraced	56
Semi-detached	33
Flat	32
Detached	2
Shared house	1
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 with a mortgage or loan (52), and Owned: Owns outright (42).

Owned: Owns with a mortgage or loan	52
Owned: Owns outright	42
Private rented: Private landlord or letting agency	25
Private rented: Other private rented	4
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the NE16 5XH have 1 person in household (43), and 2 people in household (42).

1 person in household	43
2 people in household	42
4 people in household	20
3 people in household	18
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