Housing Market Analysis for GARESFIELD GARDENS, NE16 6LQ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £60,167 median price is £68,000 Standard Deviation is £24,119 with Total Sold: 3
    • The Last 5 Year average price is £85,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 123 GARESFIELD GARDENS: £85,000 (Sold on 02 Dec 2021)
    • The first recorded sale happened at this postcode is 132 GARESFIELD GARDENS: £27,500 (Sold on 15 Jun 2001)
  • Terraced
    • The average price is around £50,200 median price is £53,000 Standard Deviation is £33,594 with Total Sold: 5
    • The most recent sale happened at this postcode is 134 GARESFIELD GARDENS: £89,000 (Sold on 06 Nov 2018)
    • The first recorded sale happened at this postcode is 124 GARESFIELD GARDENS: £12,000 (Sold on 14 Jul 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 6LQ 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£85,000 £1,090 1
2004£68,000 £883 1
2001£27,500 £357 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£89,000 £1,187 1
2010£53,000 £676 1
2005£85,0001
2000£12,0002

All the Sales in the GARESFIELD GARDENS, NE16 6LQ

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

AddressSold DatePrice% Change
123 GARESFIELD GARDENSSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1967-197502 Dec 2021£85,000First Sale
134 GARESFIELD GARDENSTerraced, FreeholdArea: 75 Sq.mtrAge: 1967-197506 Nov 2018£89,000First Sale
136 GARESFIELD GARDENSTerraced, FreeholdArea: 78.46 Sq.mtrAge: 1976-198206 Dec 2010£53,000First Sale
124 GARESFIELD GARDENSTerraced, Freehold30 Sep 2005£85,000608.33%
15 Dec 2000£12,0000.0
14 Jul 2000£12,000First Sale
132 GARESFIELD GARDENSSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1967-197528 May 2004£68,000147.27%
15 Jun 2001£27,500First Sale

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

GARESFIELD GARDENS, NE16 6LQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE16 6LQ 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 6LQ 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 £93,944 median price is £90,000 Standard Deviation is £43,552 with Total Sold: 273
    • The Last 5 Year average price is £125,371 with Total Sold: 49
    • 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 £163,561 median price is £151,000 Standard Deviation is £79,653 with Total Sold: 87
    • 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
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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£131,733 £1,543 3
2023£136,000 £1,736 5
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£108,708 £1,475 6
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£45,442 £463 6
1995£37,212 £398 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
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£172,500 £504 1
1997£62,000 £631 1
1996£51,000 £735 1
1995£67,3173
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
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£35,0001
1996£26,375 £360 2
1995£24,500 £327 1
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 6LQ area

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

Total132
Terraced100
Semi-detached29
Detached2
Flat1
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 (41), and Social rented: Rents from council or Local Authority (25).

Owned: Owns with a mortgage or loan41
Social rented: Rents from council or Local Authority25
Social rented: Other social rented23
Owned: Owns outright22
Private rented: Private landlord or letting agency20
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

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

1 person in household45
2 people in household42
3 people in household27
4 people in household15
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0