Housing Market Analysis for LAUREL TERRACE, NE16 6HY

Are you looking to understand NE16 6HY 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 6HY area, explore the NE16 6HY Area information page.
For comprehensive crime statistics in the NE16 6HY area, explore the NE16 6HY Crime Rates page.

Overview of Sold House prices

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

  • Terraced
    • The average price is around £78,111 median price is £85,000 Standard Deviation is £19,199 with Total Sold: 9
    • The Last 5 Year average price is £92,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 7 LAUREL TERRACE: £90,000 (Sold on 11 Nov 2022)
    • The first recorded sale happened at this postcode is 3 LAUREL TERRACE: £29,000 (Sold on 24 Sep 1998)
  • Semi-Detached
    • The average price is around £72,950 median price is £72,950 Standard Deviation is £10,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 LAUREL TERRACE: £82,950 (Sold on 30 Jul 2004)
    • The first recorded sale happened at this postcode is 5 LAUREL TERRACE: £62,950 (Sold on 26 Sep 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 6HY 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£90,000 £1,343 1
2021£94,000 £1,121 1
2019£93,000 £1,476 1
2016£87,500 £1,268 1
2012£76,000 £906 1
2006£83,5002
2003£66,500 £1,056 1
1998£29,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£82,950 £989 1
2003£62,950 £750 1

All the Sales in the LAUREL TERRACE, NE16 6HY

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

AddressSold DatePrice% Change
7 LAUREL TERRACETerraced, FreeholdArea: 67 Sq.mtrAge: 1900-192911 Nov 2022£90,000First Sale
5 LAUREL TERRACETerraced, FreeholdArea: 83.88 Sq.mtrAge: 1900-192929 Sep 2021£94,00023.68%
01 Jun 2012£76,000-8.38%
30 Jul 2004£82,95031.77%
26 Sep 2003£62,950First Sale
1 LAUREL TERRACETerraced, FreeholdArea: 63 Sq.mtrAge: 1930-194912 Dec 2019£93,00039.85%
13 Jun 2003£66,500First Sale
2 LAUREL TERRACETerraced, FreeholdArea: 69 Sq.mtrAge: 1930-194909 May 2016£87,500First Sale
3 LAUREL TERRACETerraced, Freehold03 Nov 2006£82,000-3.53%
31 Jul 2006£85,000193.10%
24 Sep 1998£29,000First Sale

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

LAUREL TERRACE, NE16 6HY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £105,347 median price is £100,975 Standard Deviation is £54,979 with Total Sold: 436
    • The Last 5 Year average price is £139,519 with Total Sold: 81
    • 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 £91,194 median price is £89,950 Standard Deviation is £41,475 with Total Sold: 643
    • The Last 5 Year average price is £117,913 with Total Sold: 136
    • The most recent sale happened at this postcode is , 12 MAPLE TERRACE: £125,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 14 WOOD STREET: £38,950 (Sold on 20 Mar 1995)
  • Detached
    • The average price is around £201,700 median price is £182,000 Standard Deviation is £118,851 with Total Sold: 138
    • The Last 5 Year average price is £292,130 with Total Sold: 27
    • 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 , 3 THE ROOKERY: £69,950 (Sold on 06 Apr 1995)
  • Flat
    • The average price is around £61,060 median price is £58,000 Standard Deviation is £24,142 with Total Sold: 23
    • The Last 5 Year average price is £56,125 with Total Sold: 4
    • The most recent sale happened at this postcode is FLAT 1, ROBSON HOUSE THE LEAZES: £58,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 1 BIRCH MEWS: £24,500 (Sold on 19 Jan 1995)
  • Other
    • The average price is around £103,700 median price is £85,400 Standard Deviation is £122,496 with Total Sold: 8
    • The Last 5 Year average price is £60,325 with Total Sold: 2
    • The most recent sale happened at this postcode is , 8 ALBION COURT: £115,000 (Sold on 11 Nov 2022)
    • The first recorded sale happened at this postcode is , 5 ALBION COURT: £110,800 (Sold on 07 Jun 2012)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£142,533 £1,854 6
2023£175,825 £1,977 10
2022£140,569 £1,755 14
2021£129,802 £1,459 22
2020£132,150 £1,516 10
2019£133,813 £1,782 19
2018£134,750 £1,654 15
2017£133,907 £1,533 20
2016£120,683 £1,386 19
2015£141,484 £1,653 24
2014£115,893 £1,368 15
2013£117,577 £1,272 15
2012£106,656 £1,326 9
2011£103,375 £1,193 4
2010£114,238 £1,307 8
2009£106,661 £1,363 9
2008£95,362 £1,165 8
2007£141,272 £1,541 20
2006£121,194 £1,534 23
2005£144,900 £1,546 10
2004£116,050 £1,319 18
2003£73,874 £911 17
2002£59,250 £723 19
2001£58,932 £582 23
2000£58,200 £476 11
1999£43,412 £475 17
1998£50,355 £402 10
1997£50,434 £511 16
1996£43,245 £362 11
1995£48,404 £422 14
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£137,211 £1,660 14
2023£116,533 £1,461 18
2022£111,544 £1,449 36
2021£119,532 £1,451 31
2020£125,200 £1,450 15
2019£109,932 £1,309 22
2018£104,754 £1,269 21
2017£99,455 £1,199 16
2016£114,305 £1,431 36
2015£119,392 £1,438 33
2014£99,668 £1,220 25
2013£87,686 £1,191 14
2012£97,882 £1,184 11
2011£88,792 £1,065 12
2010£90,530 £1,218 15
2009£101,731 £1,131 13
2008£105,264 £1,207 11
2007£110,970 £1,363 26
2006£104,685 £1,272 33
2005£99,981 £1,142 21
2004£94,197 £1,209 27
2003£78,979 £1,081 45
2002£63,815 £761 20
2001£42,839 £434 26
2000£40,984 £521 28
1999£42,772 £438 10
1998£41,996 £473 24
1997£42,000 £474 17
1996£37,381 £463 13
1995£34,570 £404 10
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£58,0001
2023£262,429 £2,579 7
2022£330,786 £2,584 7
2021£281,500 £2,257 6
2020£231,250 £2,095 2
2019£381,375 £2,276 4
2018£335,500 £2,768 4
2017£203,099 £1,915 5
2016£204,947 £2,021 10
2015£207,598 £2,106 5
2014£104,500 £1,297 2
2013£224,600 £1,221 5
2012£458,750 £2,082 2
2011£250,400 £2,912 5
2010£224,000 £1,643 6
2009£134,500 £1,661 2
2008£232,244 £1,599 6
2007£205,729 £1,754 7
2006£153,000 £1,987 1
2005£175,833 £2,099 6
2004£188,750 £1,441 4
2003£155,242 £1,551 6
2002£122,600 £1,104 5
2001£133,300 £854 5
2000£64,250 £246 2
1999£92,611 £837 9
1998£169,333 £615 3
1997£90,833 £609 3
1996£51,000 £735 1
1995£83,814 £539 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£58,000 £1,036 1
2023£46,750 £778 2
2019£73,000 £1,094 1
2018£49,500 £884 1
2016£68,000 £907 1
2015£56,250 £992 1
2013£78,000 £1,169 1
2010£71,250 £1,247 1
2008£100,875 £1,701 3
2007£79,000 £919 1
2004£79,667 £1,244 3
2003£55,000 £825 1
2001£44,000 £587 1
2000£35,0001
1996£25,917 £360 3
1995£24,500 £327 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£115,000 £1,716 1
2021£5,6501
2018£31,250 £95 2
2017£67,825 £78 2
2015£400,000 £6,780 1
2012£110,800 £1,658 1

House Type in NE16 6HY area

The most common house types in the NE16 6HY postcode area are Terraced (70), Semi-detached (40), and Flat (10).

Total124
Terraced70
Semi-detached40
Flat10
Detached4
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 with a mortgage or loan (34), and Owned: Owns outright (28).

Owned: Owns with a mortgage or loan34
Owned: Owns outright28
Private rented: Private landlord or letting agency26
Social rented: Rents from council or Local Authority20
Social rented: Other social rented14
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE16 6HY have 1 person in household (49), and 2 people in household (43).

1 person in household49
2 people in household43
3 people in household17
4 people in household11
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0