Housing Market Analysis for LAMBLEY CLOSE, NE16 5XQ

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £70,039 median price is £79,950 Standard Deviation is £23,048 with Total Sold: 9
    • The Last 5 Year average price is £82,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 31 LAMBLEY CLOSE: £82,500 (Sold on 31 Oct 2023)
    • The first recorded sale happened at this postcode is 31 LAMBLEY CLOSE: £35,500 (Sold on 02 Dec 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 5XQ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£82,5001
2018£79,950 £1,529 1
2008£99,950 £1,785 1
2004£89,250 £1,553 2
2003£72,000 £1,286 1
2001£43,000 £729 1
1999£38,950 £696 1
1997£35,500 £634 1

All the Sales in the LAMBLEY CLOSE, NE16 5XQ

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

AddressSold DatePrice% Change
31 LAMBLEY CLOSEFlat, Leasehold31 Oct 2023£82,500-17.46%
25 Jun 2008£99,95012.30%
28 May 2004£89,00023.61%
13 Jun 2003£72,00084.85%
13 Aug 1999£38,9509.72%
02 Dec 1997£35,500First Sale
2 LAMBLEY CLOSEFlat, LeaseholdArea: 52.3 Sq.mtrAge: 1950-196616 Apr 2018£79,950First Sale
1 LAMBLEY CLOSEFlat, LeaseholdArea: 59 Sq.mtrAge: 1967-197521 Jun 2004£89,500108.14%
26 Oct 2001£43,000First Sale

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

LAMBLEY CLOSE, NE16 5XQ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £115,725 median price is £109,000 Standard Deviation is £57,594 with Total Sold: 479
    • The Last 5 Year average price is £165,708 with Total Sold: 64
    • 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 £92,112 median price is £95,000 Standard Deviation is £40,089 with Total Sold: 619
    • The Last 5 Year average price is £132,007 with Total Sold: 90
    • 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 £195,202 median price is £177,000 Standard Deviation is £108,161 with Total Sold: 126
    • The Last 5 Year average price is £304,114 with Total Sold: 22
    • The most recent sale happened at this postcode is , HEATHER GLEN CORONATION ROAD: £212,000 (Sold on 26 Jan 2024)
    • 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 £220,846 median price is £138,750 Standard Deviation is £296,997 with Total Sold: 14
    • The Last 5 Year average price is £330,833 with Total Sold: 6
    • The most recent sale happened at this postcode is , 2 CORONATION ROAD: £230,000 (Sold on 31 Aug 2023)
    • The first recorded sale happened at this postcode is , 13 SUN STREET: £155,550 (Sold on 01 May 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£159,825 £1,563 6
2023£164,846 £2,187 13
2022£179,409 £2,202 11
2021£161,573 £2,009 13
2020£158,458 £1,927 13
2019£171,181 £2,006 8
2018£164,278 £1,832 18
2017£150,748 £1,729 26
2016£119,056 £1,451 17
2015£155,192 £1,731 13
2014£158,733 £1,627 15
2013£157,107 £1,708 14
2012£138,116 £1,529 12
2011£144,317 £1,491 3
2010£126,500 £1,492 5
2009£119,643 £1,654 7
2008£142,671 £1,674 17
2007£141,625 £1,761 20
2006£135,556 £1,353 17
2005£132,144 £1,565 17
2004£132,693 £1,603 35
2003£96,379 £1,146 14
2002£86,514 £1,000 25
2001£66,758 £855 20
2000£67,163 £748 15
1999£55,531 £646 27
1998£52,219 £664 26
1997£54,761 £622 18
1996£43,382 £551 15
1995£50,894 £576 19
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£168,5006
2023£150,885 £1,820 13
2022£133,866 £1,578 12
2021£127,142 £1,645 19
2020£131,111 £1,700 18
2019£114,818 £1,449 22
2018£112,739 £1,329 18
2017£117,765 £1,592 17
2016£114,538 £1,540 17
2015£109,447 £1,420 19
2014£110,156 £1,376 18
2013£104,189 £1,392 19
2012£112,369 £1,229 16
2011£108,404 £1,260 12
2010£112,139 £1,383 9
2009£112,000 £1,493 18
2008£119,850 £1,521 17
2007£117,645 £1,500 35
2006£108,274 £1,573 27
2005£110,175 £1,364 22
2004£104,170 £1,394 32
2003£78,070 £866 28
2002£63,832 £871 28
2001£54,858 £678 39
2000£48,527 £703 26
1999£46,225 £555 28
1998£45,879 £699 19
1997£40,178 £531 20
1996£43,600 £446 15
1995£38,615 £572 30
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£90,7502
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£318,5002
2023£361,417 £2,352 6
2022£277,400 £2,696 5
2021£300,000 £2,965 3
2020£287,600 £2,075 5
2019£160,000 £1,509 1
2018£277,333 £2,032 3
2017£174,125 £2,225 4
2016£225,000 £1,373 3
2015£224,500 £1,990 6
2014£220,000 £2,277 6
2013£326,650 £1,698 3
2012£219,983 £1,463 3
2011£312,983 £1,914 3
2010£195,917 £1,763 3
2009£187,500 £1,902 2
2008£205,167 £1,617 6
2007£242,658 £1,727 6
2006£150,000 £1,531 1
2005£239,5001
2004£191,667 £1,810 6
2003£172,400 £1,282 5
2002£135,357 £1,155 7
2001£115,000 £647 5
2000£120,500 £806 4
1999£86,880 £817 5
1998£89,417 £1,268 9
1997£95,250 £665 7
1996£66,167 £335 3
1995£98,483 £499 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£188,750 £1,691 2
2022£113,750 £1,477 2
2020£690,000 £1,970 2
2018£97,825 £54 2
2017£187,500 £1,821 4
2016£5,650 £50 1
2015£155,5501

House Type in NE16 5XQ area

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

Total124
Terraced56
Semi-detached33
Flat32
Detached2
Shared house1
converted building0
commercial building0
temporary structure0

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 loan52
Owned: Owns outright42
Private rented: Private landlord or letting agency25
Private rented: Other private rented4
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

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

1 person in household43
2 people in household42
4 people in household20
3 people in household18
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0