Housing Market Analysis for THE CLOSE, NE16 6LN

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £187,490 median price is £207,500 Standard Deviation is £85,134 with Total Sold: 5
    • The Last 5 Year average price is £277,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 THE CLOSE: £277,000 (Sold on 31 Jan 2023)
    • The first recorded sale happened at this postcode is 4 THE CLOSE: £89,950 (Sold on 30 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 6LN 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£277,0001
2014£207,500 £1,869 1
2012£277,000 £1,928 1
1997£86,000 £775 1
1995£89,950 £626 1

All the Sales in the THE CLOSE, NE16 6LN

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

AddressSold DatePrice% Change
5 THE CLOSEDetached, Freehold31 Jan 2023£277,000First Sale
6 THE CLOSEDetached, FreeholdArea: 111 Sq.mtrAge: 1983-199014 Mar 2014£207,500141.28%
28 Feb 1997£86,000First Sale
4 THE CLOSEDetached, FreeholdArea: 143.7 Sq.mtrAge: 1983-199023 Mar 2012£277,000207.95%
30 Jun 1995£89,950First Sale

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

THE CLOSE, NE16 6LN Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £91,437 median price is £90,000 Standard Deviation is £50,156 with Total Sold: 404
    • The Last 5 Year average price is £134,173 with Total Sold: 56
    • The most recent sale happened at this postcode is , 4 BEECH TERRACE: £127,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 2 PARK VIEW: £34,000 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £109,268 median price is £114,000 Standard Deviation is £44,830 with Total Sold: 184
    • The Last 5 Year average price is £140,191 with Total Sold: 41
    • The most recent sale happened at this postcode is , 39 BUSTY BANK: £166,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 19 RAGLAN PLACE: £45,750 (Sold on 07 Apr 1995)
  • Flat
    • The average price is around £100,137 median price is £90,666 Standard Deviation is £55,512 with Total Sold: 63
    • The Last 5 Year average price is £121,133 with Total Sold: 15
    • 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 , HALFACRES FRONT STREET: £30,000 (Sold on 22 Apr 1996)
  • Other
    • The average price is around £372,661 median price is £120,000 Standard Deviation is £511,664 with Total Sold: 13
    • The Last 5 Year average price is £343,975 with Total Sold: 10
    • 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 , CROOKGATE COMMUNAL ROOM FELL TERRACE: £33,750 (Sold on 22 Sep 2015)
  • Detached
    • The average price is around £190,722 median price is £180,000 Standard Deviation is £91,210 with Total Sold: 146
    • The Last 5 Year average price is £271,742 with Total Sold: 26
    • The most recent sale happened at this postcode is , 49 OAKFIELDS: £230,000 (Sold on 30 Jun 2023)
    • The first recorded sale happened at this postcode is , 61 OAKFIELDS: £105,000 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£128,542 £1,970 6
2023£137,900 £1,427 5
2022£155,790 £1,683 13
2021£123,540 £1,283 11
2020£123,704 £1,639 11
2019£130,800 £1,344 10
2018£101,167 £1,351 6
2017£107,441 £1,416 17
2016£128,161 £1,468 9
2015£114,846 £1,358 13
2014£115,712 £1,337 16
2013£102,667 £1,390 9
2012£107,667 £1,252 6
2011£105,900 £1,562 5
2010£98,250 £1,392 4
2009£118,521 £1,338 12
2008£111,158 £1,481 12
2007£112,662 £1,528 21
2006£128,856 £1,629 18
2005£125,332 £1,198 17
2004£116,688 £1,482 17
2003£80,528 £960 25
2002£61,327 £793 33
2001£49,352 £617 17
2000£45,219 £579 12
1999£41,797 £458 18
1998£40,309 £439 16
1997£37,728 £511 20
1996£31,703 £415 18
1995£43,707 £438 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£160,750 £1,926 6
2023£154,375 £1,573 4
2022£133,000 £1,730 4
2021£153,530 £1,758 11
2020£118,333 £1,594 12
2019£131,250 £1,554 4
2018£151,833 £1,617 6
2017£122,857 £1,626 7
2016£105,790 £1,271 5
2015£114,250 £1,363 6
2014£141,500 £1,424 7
2013£98,406 £1,352 8
2012£116,375 £1,472 4
2011£114,500 £1,333 4
2010£128,000 £1,440 3
2009£129,000 £1,570 4
2008£136,200 £1,648 5
2007£152,144 £1,810 9
2006£132,800 £1,805 10
2005£94,875 £1,240 8
2004£132,738 £1,415 4
2003£90,800 £1,137 8
2002£79,662 £916 8
2001£50,214 £652 7
2000£49,150 £660 6
1999£47,929 £756 7
1998£39,733 £359 6
1997£54,800 £643 5
1996£34,688 £268 4
1995£52,850 £436 2
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£99,500 £1,994 4
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£65,000 £135 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£101,6673
2021£365,000 £13,068 2
2020£182,3752
2019£680,000 £1,033 3
2018£2,2001
2017£1,368,8941
2015£33,7501
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£265,667 £2,028 3
2022£258,333 £2,592 3
2021£292,889 £2,126 9
2020£262,186 £2,181 7
2019£255,500 £2,580 4
2018£217,800 £1,631 5
2017£242,917 £2,137 6
2016£208,356 £1,911 7
2015£203,889 £2,079 9
2014£183,438 £1,761 8
2013£210,000 £1,938 2
2012£240,625 £1,706 4
2011£208,500 £1,512 2
2010£311,833 £1,936 3
2009£216,615 £1,970 5
2008£228,978 £2,180 2
2007£291,620 £791 5
2006£222,500 £2,104 6
2005£189,875 £2,095 4
2004£165,000 £1,793 1
2003£186,500 £1,335 4
2002£137,055 £1,340 11
2001£114,357 £951 7
2000£90,475 £1,040 2
1999£89,062 £889 8
1998£76,250 £693 6
1997£98,738 £709 4
1996£70,625 £550 4
1995£79,290 £770 5

House Type in NE16 6LN area

The most common house types in the NE16 6LN postcode area are Detached (92), Terraced (15), and Semi-detached (4).

Total112
Detached92
Terraced15
Semi-detached4
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (64), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright64
Owned: Owns with a mortgage or loan41
Private rented: Private landlord or letting agency4
Private rented: Other private rented3
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NE16 6LN have 2 people in household (40), and 1 person in household (34).

2 people in household40
1 person in household34
3 people in household20
4 people in household16
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0