Housing Market Analysis for ALBION GARDENS, NE16 6JT

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

Overview of Sold House prices

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

Terraced
- The average price is around £65,453 median price is £69,500 Standard Deviation is £25,021 with Total Sold: 32
- The Last 5 Year average price is £80,300 with Total Sold: 10
- The most recent sale happened at this postcode is 42 ALBION GARDENS: £55,000 (Sold on 08 Nov 2023)
- The first recorded sale happened at this postcode is 41 ALBION GARDENS: £27,950 (Sold on 29 Mar 1996)
Semi-Detached
- The average price is around £79,000 median price is £79,000 Standard Deviation is £25,000 with Total Sold: 2
- The Last 5 Year average price is £104,000 with Total Sold: 1
- The most recent sale happened at this postcode is 60 ALBION GARDENS: £104,000 (Sold on 18 Dec 2020)
- The first recorded sale happened at this postcode is 63 ALBION GARDENS: £54,000 (Sold on 29 Nov 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 6JT 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
2023	£65,000	£849	3
2022	£86,000	£1,157	4
2021	£85,000	£1,250	1
2019	£89,500	£1,221	2
2018	£82,500	£1,120	1
2017	£74,500	£1,129	2
2014	£61,500	£853	2
2012	£70,000	£826	1
2010	£72,000	£1,020	2
2007	£91,750	£1,061	2
2006	£93,000	£1,274	1
2005	£90,000	£1,233	1
2003	£57,000		1
2002	£52,475	£743	2
2001	£26,300	£346	2
2000	£31,750	£354	2
1999	£37,750	£517	1
1998	£12,750	£175	1
1996	£27,950		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£104,000	£1,333	1
2002	£54,000		1

All the Sales in the ALBION GARDENS, NE16 6JT

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

Address	Sold Date	Price	% Change
42 ALBION GARDENSTerraced, FreeholdArea: 77 Sq.mtrAge: 1950-1966	08 Nov 2023	£55,000	0.0
	08 Nov 2023	£55,000	First Sale
28 ALBION GARDENSTerraced, FreeholdArea: 76 Sq.mtrAge: 1950-1966	24 Mar 2023	£85,000	41.67%
	18 Nov 2022	£60,000	First Sale
62 ALBION GARDENSTerraced, FreeholdArea: 76 Sq.mtrAge: 1930-1949	19 Dec 2022	£95,000	238.08%
	06 Jun 2001	£28,100	14.69%
	18 Apr 2001	£24,500	First Sale
57 ALBION GARDENSTerraced, FreeholdArea: 73 Sq.mtrAge: 1967-1975	15 Dec 2022	£115,000	55.41%
	28 Feb 2022	£74,000	-20.43%
	05 Dec 2006	£93,000	First Sale
50 ALBION GARDENSTerraced, FreeholdArea: 68 Sq.mtrAge: 1930-1949	19 Jul 2021	£85,000	77.27%
	21 Nov 2002	£47,950	First Sale
60 ALBION GARDENSSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1950-1966	18 Dec 2020	£104,000	First Sale
34 ALBION GARDENSTerraced, FreeholdArea: 73 Sq.mtrAge: 1950-1966	31 Oct 2019	£90,000	First Sale
38 ALBION GARDENSTerraced, FreeholdArea: 73.66 Sq.mtrAge: 1950-1966	01 Oct 2019	£89,000	7.88%
	24 Sep 2018	£82,500	First Sale
48 ALBION GARDENSTerraced, FreeholdArea: 66 Sq.mtrAge: 1950-1966	17 Mar 2017	£71,000	First Sale
47 ALBION GARDENSTerraced, FreeholdArea: 66 Sq.mtrAge: 1930-1949	27 Jan 2017	£78,000	First Sale
67 ALBION GARDENSTerraced, FreeholdArea: 73 Sq.mtrAge: 1950-1966	11 Jul 2014	£69,000	First Sale
36 ALBION GARDENSTerraced, FreeholdArea: 71 Sq.mtrAge: 1950-1966	25 Apr 2014	£54,000	First Sale
70 ALBION GARDENSTerraced, FreeholdArea: 84.7 Sq.mtrAge: 1950-1966	15 Mar 2012	£70,000	First Sale
35 ALBION GARDENSTerraced, FreeholdArea: 73 Sq.mtrAge: 1950-1966	15 Oct 2010	£83,000	-7.78%
	22 Aug 2005	£90,000	57.89%
	13 Dec 2002	£57,000	50.99%
	03 Sep 1999	£37,750	196.08%
	11 Dec 1998	£12,750	First Sale
51 ALBION GARDENSTerraced, FreeholdArea: 67.6 Sq.mtrAge: 1950-1966	17 Sep 2010	£61,000	First Sale
30 ALBION GARDENSTerraced, FreeholdArea: 86.24 Sq.mtrAge: 1950-1966	16 Jul 2007	£91,500	200.00%
	26 Oct 2000	£30,500	First Sale
41 ALBION GARDENSTerraced, Freehold	30 Mar 2007	£92,000	61.40%
	11 Apr 2003	£57,000	103.94%
	29 Mar 1996	£27,950	First Sale
63 ALBION GARDENSSemi-Detached, Freehold	29 Nov 2002	£54,000	First Sale
33 ALBION GARDENSTerraced, Freehold	15 Dec 2000	£33,000	First Sale

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

ALBION GARDENS, NE16 6JT Near By properties

Interactive Map

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

Terraced
- The average price is around £80,933 median price is £83,000 Standard Deviation is £37,288 with Total Sold: 436
- The Last 5 Year average price is £102,896 with Total Sold: 94
- 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 , 25 LUMLEY GARDENS: £22,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £95,825 median price is £90,000 Standard Deviation is £49,563 with Total Sold: 276
- The Last 5 Year average price is £131,263 with Total Sold: 50
- The most recent sale happened at this postcode is , 102 GARESFIELD GARDENS: £101,000 (Sold on 11 Mar 2024)
- The first recorded sale happened at this postcode is , PENLAN THE LEAZES: £58,000 (Sold on 10 Mar 1995)
Detached
- The average price is around £161,191 median price is £148,000 Standard Deviation is £78,794 with Total Sold: 91
- The Last 5 Year average price is £223,731 with Total Sold: 13
- The most recent sale happened at this postcode is , 2 THE COPSE: £191,000 (Sold on 21 Dec 2023)
- 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 £53,021 median price is £49,500 Standard Deviation is £21,500 with Total Sold: 12
- The Last 5 Year average price is £58,500 with Total Sold: 2
- The most recent sale happened at this postcode is , 4 BIRCH MEWS: £44,000 (Sold on 16 Jan 2023)
- 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 £115,692 median price is £85,400 Standard Deviation is £134,682 with Total Sold: 6
- The Last 5 Year average price is £115,000 with Total Sold: 1
- 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£109,217		9
2023	£115,392	£1,395	18
2022	£101,875	£1,411	30
2021	£95,266	£1,296	16
2020	£96,271	£1,394	12
2019	£97,389	£1,377	9
2018	£90,431	£1,243	17
2017	£82,484	£1,078	14
2016	£83,667	£1,150	15
2015	£87,117	£1,220	12
2014	£88,984	£1,223	19
2013	£91,369	£1,222	13
2012	£84,557	£1,147	7
2011	£80,571	£1,028	7
2010	£83,265	£1,186	13
2009	£82,750	£1,127	6
2008	£89,522	£1,084	9
2007	£102,859	£1,461	22
2006	£95,752	£1,287	23
2005	£89,740	£1,150	15
2004	£88,944	£1,253	21
2003	£79,061	£1,126	38
2002	£50,895	£657	11
2001	£31,950	£411	19
2000	£40,582	£601	17
1999	£40,536	£511	7
1998	£34,854	£535	12
1997	£44,875	£535	8
1996	£39,243	£480	7
1995	£32,725	£421	10

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£131,733	£1,543	3
2023	£183,333	£1,799	6
2022	£118,137	£1,513	7
2021	£127,111	£1,477	18
2020	£119,214	£1,431	7
2019	£124,278	£1,504	9
2018	£136,225	£1,653	10
2017	£139,607	£1,491	7
2016	£93,650	£1,030	10
2015	£110,155	£1,400	9
2014	£112,200	£1,360	5
2013	£106,045	£1,170	11
2012	£100,380	£1,319	5
2011	£125,000	£1,016	3
2010	£107,390	£1,319	5
2009	£103,564	£1,252	7
2008	£103,271	£1,302	7
2007	£125,868	£1,474	19
2006	£129,996	£1,570	12
2005	£132,600	£1,669	5
2004	£106,082	£1,192	11
2003	£73,386	£886	14
2002	£52,307	£632	14
2001	£53,820	£564	17
2000	£54,927	£604	11
1999	£41,881	£533	13
1998	£47,332	£490	6
1997	£51,300	£538	10
1996	£46,950	£425	7
1995	£37,212	£398	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£206,400	£2,564	5
2022	£244,333	£2,440	3
2021	£169,500	£2,343	2
2020	£211,000	£2,671	1
2019	£296,750	£2,174	2
2018	£225,000	£3,155	2
2017	£163,500	£1,593	3
2016	£145,000	£1,648	1
2015	£315,000	£3,204	1
2014	£164,500	£2,440	2
2013	£167,000	£1,382	5
2012	£347,500	£2,020	1
2011	£203,667	£4,317	3
2010	£228,250	£1,600	4
2009	£139,000	£1,695	1
2008	£178,250	£1,737	4
2007	£198,636	£2,037	7
2005	£175,833	£2,099	6
2004	£219,000	£1,728	3
2003	£119,650	£1,730	3
2002	£122,600	£1,104	5
2001	£97,786	£909	7
2000	£64,833	£541	3
1999	£84,643	£837	7
1998	£157,750	£504	2
1997	£90,833	£609	3
1996	£51,000	£735	1
1995	£71,738		4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£44,000	£688	1
2019	£73,000	£1,094	1
2016	£68,000	£907	1
2013	£78,000	£1,169	1
2007	£79,000	£919	1
2004	£83,000	£1,244	1
2003	£55,000	£825	1
2001	£44,000	£587	1
2000	£35,000		1
1996	£26,375	£360	2
1995	£24,500	£327	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£115,000	£1,716	1
2018	£31,250	£95	2
2017	£5,850	£76	1
2015	£400,000	£6,780	1
2012	£110,800	£1,658	1

House Type in NE16 6JT area

The most common house types in the NE16 6JT postcode area are Terraced (100), Semi-detached (29), and Detached (2).

Total	132
Terraced	100
Semi-detached	29
Detached	2
Flat	1
Shared house	0
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 (41), and Social rented: Rents from council or Local Authority (25).

Owned: Owns with a mortgage or loan	41
Social rented: Rents from council or Local Authority	25
Social rented: Other social rented	23
Owned: Owns outright	22
Private rented: Private landlord or letting agency	20
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE16 6JT have 1 person in household (45), and 2 people in household (42).

1 person in household	45
2 people in household	42
3 people in household	27
4 people in household	15
5 people in household	5
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0