Housing Market Analysis for BUSTY BANK, NE16 6BQ

Are you looking to understand NE16 6BQ 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 County Durham postcode.

For the location information and nearby amenities in the NE16 6BQ area, explore the NE16 6BQ Area information page.
For comprehensive crime statistics in the NE16 6BQ area, explore the NE16 6BQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE16 6BQ postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £110,444 median price is £122,000 Standard Deviation is £30,168 with Total Sold: 9
    • The Last 5 Year average price is £136,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 55 BUSTY BANK: £151,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is 55 BUSTY BANK: £66,000 (Sold on 11 Aug 1999)
  • Detached
    • The average price is around £210,000 median price is £210,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 53 BUSTY BANK: £210,000 (Sold on 15 Aug 2003)
    • The first recorded sale happened at this postcode is 53 BUSTY BANK: £210,000 (Sold on 15 Aug 2003)
  • Terraced
    • The average price is around £49,225 median price is £49,225 Standard Deviation is £10,725 with Total Sold: 2
    • The most recent sale happened at this postcode is 52 BUSTY BANK: £38,500 (Sold on 18 Aug 1997)
    • The first recorded sale happened at this postcode is 50 BUSTY BANK: £59,950 (Sold on 17 Jan 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 6BQ 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
2024£151,0001
2021£122,000 £2,165 1
2017£134,000 £1,787 1
2015£125,000 £1,667 1
2005£115,000 £2,040 1
2004£134,000 £1,787 1
2002£87,000 £1,160 1
2001£59,995 £1,064 1
1999£66,000 £880 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£210,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£49,225 £789 2

All the Sales in the BUSTY BANK, NE16 6BQ

See the table below for more details on the sold house prices in the NE16 6BQ, County Durham postcode.

AddressSold DatePrice% Change
55 BUSTY BANKSemi-Detached, Freehold24 May 2024£151,00012.69%
15 Dec 2017£134,0007.20%
27 Mar 2015£125,000-6.72%
14 May 2004£134,00054.02%
14 Aug 2002£87,00031.82%
11 Aug 1999£66,000First Sale
48 BUSTY BANKSemi-Detached, FreeholdArea: 56.36 Sq.mtrAge: 1900-192922 Jan 2021£122,0006.09%
15 Jul 2005£115,00091.68%
13 Sep 2001£59,995First Sale
53 BUSTY BANKDetached, Freehold15 Aug 2003£210,000First Sale
52 BUSTY BANKTerraced, Freehold18 Aug 1997£38,500First Sale
50 BUSTY BANKTerraced, FreeholdArea: 76.02 Sq.mtrAge: 1930-194917 Jan 1997£59,950First Sale

Check out the sold house prices near the NE16 6BQ postcode. Properties currently for saleProperties currently for rent

BUSTY BANK, NE16 6BQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE16 6BQ 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 6BQ postcode.

  • Semi-Detached
    • The average price is around £116,003 median price is £115,000 Standard Deviation is £53,295 with Total Sold: 303
    • The Last 5 Year average price is £146,882 with Total Sold: 45
    • The most recent sale happened at this postcode is , 2 WOOD STREET: £115,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 1 BRYANS LEAP: £58,000 (Sold on 24 Feb 1995)
  • Terraced
    • The average price is around £98,458 median price is £100,000 Standard Deviation is £50,785 with Total Sold: 632
    • The Last 5 Year average price is £143,372 with Total Sold: 89
    • The most recent sale happened at this postcode is , 6 PARK TERRACE: £145,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 2 PARK VIEW: £34,000 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £191,564 median price is £185,000 Standard Deviation is £87,751 with Total Sold: 179
    • The Last 5 Year average price is £264,627 with Total Sold: 30
    • The most recent sale happened at this postcode is , 28 ASPEN GROVE: £58,000 (Sold on 11 Jul 2024)
    • The first recorded sale happened at this postcode is , 61 OAKFIELDS: £105,000 (Sold on 31 Mar 1995)
  • Flat
    • The average price is around £98,328 median price is £87,500 Standard Deviation is £55,124 with Total Sold: 66
    • The Last 5 Year average price is £129,045 with Total Sold: 11
    • The most recent sale happened at this postcode is , 15 ANDERSON COURT: £205,000 (Sold on 14 Apr 2024)
    • The first recorded sale happened at this postcode is 1A, BARRAS HOUSE FRONT STREET: £25,000 (Sold on 20 Feb 1996)
  • Other
    • The average price is around £148,712 median price is £100,000 Standard Deviation is £161,898 with Total Sold: 13
    • The Last 5 Year average price is £175,675 with Total Sold: 8
    • The most recent sale happened at this postcode is UNIT 4, OLD CO-OP BUILDINGS FRONT STREET: £85,000 (Sold on 30 Jun 2023)
    • The first recorded sale happened at this postcode is , 29 BRYANS LEAP: £5,650 (Sold on 31 Jul 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£153,333 £2,032 6
2023£150,531 £1,886 8
2022£163,000 £1,998 7
2021£148,840 £1,701 13
2020£128,136 £1,757 11
2019£145,042 £1,955 12
2018£142,500 £1,719 12
2017£126,883 £1,626 18
2016£133,869 £1,578 12
2015£147,987 £1,673 21
2014£118,107 £1,358 13
2013£126,906 £1,506 9
2012£94,917 £1,297 6
2011£124,750 £1,423 4
2010£126,825 £1,348 6
2009£129,000 £1,694 4
2008£102,400 £1,303 5
2007£168,833 £1,847 12
2006£125,683 £1,662 22
2005£127,944 £1,485 9
2004£132,632 £1,412 11
2003£85,050 £1,274 8
2002£82,300 £1,013 11
2001£67,136 £655 11
2000£66,707 £1,031 7
1999£53,650 £657 10
1998£51,329 £426 7
1997£52,304 £585 13
1996£43,625 £312 6
1995£58,406 £540 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£153,521 £1,815 12
2023£169,438 £1,746 8
2022£143,295 £1,569 25
2021£134,044 £1,442 27
2020£138,868 £1,627 17
2019£126,600 £1,305 20
2018£125,955 £1,333 11
2017£113,475 £1,397 20
2016£128,513 £1,517 33
2015£127,122 £1,445 33
2014£121,245 £1,302 22
2013£97,795 £1,249 11
2012£108,978 £1,201 9
2011£100,455 £1,258 11
2010£107,000 £1,379 7
2009£117,224 £1,222 19
2008£113,957 £1,445 15
2007£118,389 £1,399 25
2006£126,388 £1,466 30
2005£120,639 £1,087 23
2004£111,662 £1,350 26
2003£81,926 £962 27
2002£65,720 £833 42
2001£51,452 £548 26
2000£48,590 £558 24
1999£43,254 £431 21
1998£46,575 £459 25
1997£39,228 £487 29
1996£32,846 £426 23
1995£41,495 £404 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£58,0001
2023£250,500 £2,153 4
2022£273,750 £2,616 4
2021£290,500 £2,165 12
2020£255,311 £2,162 9
2019£255,500 £2,580 4
2018£223,500 £1,752 6
2017£247,812 £2,203 8
2016£210,185 £1,996 16
2015£195,666 £2,035 12
2014£165,278 £1,584 9
2013£210,000 £1,938 2
2012£240,625 £1,706 4
2011£264,500 £1,509 4
2010£260,250 £2,231 2
2009£202,179 £1,901 6
2008£228,978 £2,180 2
2007£263,750 £1,229 7
2006£212,571 £2,084 7
2005£189,875 £2,095 4
2004£131,500 £1,330 2
2003£178,917 £1,292 6
2002£137,055 £1,340 11
2001£114,357 £951 7
2000£90,475 £1,040 2
1999£89,722 £889 9
1998£76,250 £693 6
1997£83,317 £829 3
1996£70,625 £550 4
1995£76,408 £693 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£205,0001
2023£158,000 £1,241 4
2022£116,000 £1,614 3
2021£54,750 £741 2
2020£125,0001
2019£99,375 £1,416 4
2018£175,667 £1,315 3
2017£149,988 £1,646 4
2016£145,000 £1,430 3
2015£102,000 £1,160 4
2014£90,666 £1,591 1
2013£78,000 £1,472 1
2012£115,000 £2,018 1
2011£76,667 £1,546 3
2009£72,000 £1,556 1
2008£101,667 £885 3
2007£107,500 £2,113 1
2006£107,000 £2,103 1
2005£104,950 £2,018 1
2004£92,333 £1,994 6
2003£60,000 £1,132 1
2002£57,133 £1,107 3
2000£8,500 £155 1
1999£88,150 £931 3
1998£40,783 £786 6
1997£34,500 £341 1
1996£51,667 £135 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£101,6673
2021£245,217 £13,068 3
2020£182,3752
2019£195,000 £1,033 2
2018£2,2001
2017£67,825 £78 2

House Type in NE16 6BQ area

The most common house types in the NE16 6BQ postcode area are Semi-detached (70), Detached (50), and Terraced (13).

Total150
Semi-detached70
Detached50
Terraced13
Flat7
converted building7
Shared house3
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (79), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright79
Owned: Owns with a mortgage or loan49
Private rented: Private landlord or letting agency15
Private rented: Other private rented5
Social rented: Rents from council or Local Authority2
Shared ownership: Shared ownership1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE16 6BQ have 2 people in household (66), and 1 person in household (50).

2 people in household66
1 person in household50
3 people in household26
4 people in household8
6 people in household2
5 people in household1
0 people in household0
7 people in household0
8 or more people in household0