Housing Market Analysis for GARESFIELD GARDENS, NE16 6LD

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

Overview of Sold House prices

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

Terraced
- The average price is around £69,167 median price is £83,500 Standard Deviation is £21,000 with Total Sold: 9
- The Last 5 Year average price is £85,000 with Total Sold: 2
- The most recent sale happened at this postcode is 25 GARESFIELD GARDENS: £85,000 (Sold on 13 Dec 2023)
- The first recorded sale happened at this postcode is 24 GARESFIELD GARDENS: £32,000 (Sold on 18 Nov 2002)
Semi-Detached
- The average price is around £66,778 median price is £62,500 Standard Deviation is £15,299 with Total Sold: 9
- The Last 5 Year average price is £81,375 with Total Sold: 4
- The most recent sale happened at this postcode is 37 GARESFIELD GARDENS: £83,000 (Sold on 28 Feb 2022)
- The first recorded sale happened at this postcode is 33 GARESFIELD GARDENS: £37,500 (Sold on 05 Apr 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 6LD 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	£85,000	£1,000	2
2011	£88,000	£936	1
2007	£80,000	£899	2
2006	£62,250	£960	2
2003	£48,000	£565	1
2002	£32,000	£368	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£85,250	£900	2
2021	£77,500	£896	2
2014	£62,500	£753	1
2013	£58,500	£651	3
2002	£37,500		1

All the Sales in the GARESFIELD GARDENS, NE16 6LD

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

Address	Sold Date	Price	% Change
25 GARESFIELD GARDENSTerraced, FreeholdArea: 85 Sq.mtrAge: 1976-1982	13 Dec 2023	£85,000	0.0
	13 Dec 2023	£85,000	0.0
	01 Feb 2007	£85,000	77.08%
	15 Jul 2003	£48,000	First Sale
37 GARESFIELD GARDENSSemi-Detached, FreeholdArea: 103 Sq.mtrAge: 1967-1975	28 Feb 2022	£83,000	38.33%
	30 Sep 2013	£60,000	First Sale
27 GARESFIELD GARDENSSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1967-1975	25 Feb 2022	£87,500	First Sale
26 GARESFIELD GARDENSSemi-Detached, FreeholdArea: 94.08 Sq.mtrAge: 1967-1975	23 Aug 2021	£71,000	First Sale
34 GARESFIELD GARDENSSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1967-1975	02 Mar 2021	£84,000	52.73%
	04 Oct 2013	£55,000	First Sale
39 GARESFIELD GARDENSSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1967-1975	28 Aug 2014	£62,500	First Sale
30 GARESFIELD GARDENSSemi-Detached, FreeholdArea: 87.48 Sq.mtrAge: 1967-1975	09 Aug 2013	£60,500	First Sale
31 GARESFIELD GARDENSTerraced, FreeholdArea: 94 Sq.mtrAge: 1967-1975	06 Apr 2011	£88,000	17.33%
	21 Feb 2007	£75,000	First Sale
23 GARESFIELD GARDENSTerraced, Freehold	16 Oct 2006	£41,000	First Sale
24 GARESFIELD GARDENSTerraced, FreeholdArea: 87 Sq.mtrAge: 1976-1982	10 Mar 2006	£83,500	160.94%
	18 Nov 2002	£32,000	First Sale
33 GARESFIELD GARDENSSemi-Detached, Freehold	05 Apr 2002	£37,500	First Sale

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

GARESFIELD GARDENS, NE16 6LD Near By properties

Interactive Map

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

Terraced
- The average price is around £80,945 median price is £83,000 Standard Deviation is £37,207 with Total Sold: 438
- 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 £98,958 median price is £98,000 Standard Deviation is £50,352 with Total Sold: 309
- The Last 5 Year average price is £133,838 with Total Sold: 55
- The most recent sale happened at this postcode is , 83 BRYANS LEAP: £177,500 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is , 111 BRYANS LEAP: £43,000 (Sold on 01 Mar 1995)
Flat
- The average price is around £61,169 median price is £57,125 Standard Deviation is £24,011 with Total Sold: 20
- 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)
Detached
- The average price is around £195,889 median price is £173,500 Standard Deviation is £127,176 with Total Sold: 112
- The Last 5 Year average price is £310,150 with Total Sold: 20
- 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)
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	£54,238	£657	12
2001	£34,152	£411	20
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	£143,175	£1,854	4
2023	£185,500	£1,913	7
2022	£118,137	£1,513	7
2021	£126,737	£1,478	19
2020	£119,214	£1,431	7
2019	£129,132	£1,529	11
2018	£136,938	£1,640	12
2017	£143,406	£1,546	8
2016	£93,650	£1,030	10
2015	£110,640	£1,388	10
2014	£123,143	£1,494	7
2013	£106,045	£1,170	11
2012	£118,983	£1,419	6
2011	£129,500	£1,175	4
2010	£107,390	£1,319	5
2009	£103,564	£1,252	7
2008	£103,271	£1,302	7
2007	£131,384	£1,497	22
2006	£134,282	£1,570	14
2005	£135,750	£1,682	6
2004	£115,136	£1,405	14
2003	£73,386	£886	14
2002	£56,153	£693	15
2001	£56,102	£588	19
2000	£54,927	£604	11
1999	£44,097	£533	15
1998	£51,427	£490	9
1997	£51,300	£538	10
1996	£46,950	£425	7
1995	£39,609	£398	11

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£272,000	£2,629	6
2022	£332,583	£2,567	6
2021	£279,667	£2,232	3
2020	£211,000	£2,671	1
2019	£381,375	£2,276	4
2018	£363,333	£2,905	3
2017	£163,500	£1,593	3
2016	£145,000	£1,648	1
2015	£262,500	£2,391	2
2014	£164,500	£2,440	2
2013	£210,000	£1,398	6
2012	£458,750	£2,082	2
2011	£203,667	£4,317	3
2010	£224,000	£1,643	6
2009	£139,000	£1,695	1
2008	£232,244	£1,599	6
2007	£198,636	£2,037	7
2005	£175,833	£2,099	6
2004	£219,000	£1,728	3
2003	£150,988	£1,713	4
2002	£122,600	£1,104	5
2001	£110,438	£854	8
2000	£64,833	£541	3
1999	£92,312	£837	8
1998	£169,333	£615	3
1997	£90,833	£609	3
1996	£51,000	£735	1
1995	£87,450		6

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 6LD area

The most common house types in the NE16 6LD postcode area are Semi-detached (83), Terraced (41), and Detached (1).

Total	125
Semi-detached	83
Terraced	41
Detached	1
Flat	0
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 outright (48), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright	48
Owned: Owns with a mortgage or loan	40
Private rented: Private landlord or letting agency	17
Social rented: Rents from council or Local Authority	8
Social rented: Other social rented	7
Private rented: Other private rented	5
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 6LD have 2 people in household (49), and 1 person in household (34).

2 people in household	49
1 person in household	34
3 people in household	22
4 people in household	15
5 people in household	3
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0