Housing Market Analysis for GARESFIELD GARDENS, NE16 6LF

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £57,806 median price is £65,000 Standard Deviation is £23,433 with Total Sold: 9
    • The Last 5 Year average price is £52,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 74 GARESFIELD GARDENS: £52,500 (Sold on 05 Jun 2020)
    • The first recorded sale happened at this postcode is 78 GARESFIELD GARDENS: £28,750 (Sold on 13 Dec 1996)
  • Semi-Detached
    • The average price is around £47,311 median price is £53,622 Standard Deviation is £18,845 with Total Sold: 4
    • The most recent sale happened at this postcode is 61 GARESFIELD GARDENS: £51,250 (Sold on 07 Apr 2017)
    • The first recorded sale happened at this postcode is 83 GARESFIELD GARDENS: £16,000 (Sold on 05 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 6LF 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
2020£52,500 £709 1
2011£46,000 £618 1
2008£82,5001
2007£74,0001
2006£77,0002
2004£68,5001
2003£14,000 £189 1
1996£28,7501
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£51,250 £534 1
2016£55,995 £667 1
2015£66,000 £846 1
1995£16,000 £200 1

All the Sales in the GARESFIELD GARDENS, NE16 6LF

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

AddressSold DatePrice% Change
74 GARESFIELD GARDENSTerraced, FreeholdArea: 74 Sq.mtrAge: 1950-196605 Jun 2020£52,500275.00%
03 Feb 2003£14,000First Sale
61 GARESFIELD GARDENSSemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1967-197507 Apr 2017£51,250First Sale
66 GARESFIELD GARDENSSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-196608 Sep 2016£55,995First Sale
84 GARESFIELD GARDENSSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1967-197506 Nov 2015£66,000First Sale
77 GARESFIELD GARDENSTerraced, FreeholdArea: 74.46 Sq.mtrAge: 1950-196613 Jul 2011£46,000First Sale
63 GARESFIELD GARDENSTerraced, Freehold02 May 2008£82,50020.44%
19 Mar 2004£68,500First Sale
75 GARESFIELD GARDENSTerraced, Freehold30 Nov 2007£74,000First Sale
67 GARESFIELD GARDENSTerraced, Freehold29 Sep 2006£89,000First Sale
68 GARESFIELD GARDENSTerraced, Freehold14 Jul 2006£65,000First Sale
78 GARESFIELD GARDENSTerraced, Freehold13 Dec 1996£28,750First Sale
83 GARESFIELD GARDENSSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1967-197505 May 1995£16,000First Sale

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

GARESFIELD GARDENS, NE16 6LF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE16 6LF 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 6LF 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)
  • 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)
  • 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 £195,079 median price is £172,500 Standard Deviation is £128,614 with Total Sold: 109
    • The Last 5 Year average price is £311,474 with Total Sold: 19
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£109,2179
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: 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£83,000 £1,244 1
2003£55,000 £825 1
2001£44,000 £587 1
2000£35,0001
1996£26,375 £360 2
1995£24,500 £327 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£272,000 £2,629 6
2022£342,100 £2,695 5
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£315,000 £3,204 1
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£232,600 £1,619 5
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£87,4506
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
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 6LF area

The most common house types in the NE16 6LF postcode area are Semi-detached (90), Terraced (45), and Detached (2).

Total137
Semi-detached90
Terraced45
Detached2
Flat0
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 (39), and Owned: Owns outright (31).

Owned: Owns with a mortgage or loan39
Owned: Owns outright31
Social rented: Other social rented27
Social rented: Rents from council or Local Authority19
Private rented: Private landlord or letting agency15
Private rented: Other private rented6
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NE16 6LF have 2 people in household (45), and 1 person in household (43).

2 people in household45
1 person in household43
3 people in household29
4 people in household15
5 people in household3
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0