Housing Market Analysis for FRONT STREET, NE16 6LU

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

Overview of Sold House prices

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

Flat
- The average price is around £69,635 median price is £68,750 Standard Deviation is £24,032 with Total Sold: 26
- The Last 5 Year average price is £73,750 with Total Sold: 2
- The most recent sale happened at this postcode is 2, GIBSIDE COURT FRONT STREET: £80,000 (Sold on 28 Jan 2022)
- The first recorded sale happened at this postcode is 6, GIBSIDE COURT FRONT STREET: £39,950 (Sold on 23 Feb 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 6LU 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£80,000	£1,600	1
2019	£67,500	£1,350	1
2013	£78,000	£1,472	1
2011	£76,667	£1,546	3
2009	£72,000	£1,556	1
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
1999	£44,725	£931	2
1998	£40,783	£786	6

All the Sales in the FRONT STREET, NE16 6LU

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

Address	Sold Date	Price	% Change
2, GIBSIDE COURT FRONT STREETFlat, LeaseholdArea: 50 Sq.mtrAge: 1991-1995	28 Jan 2022	£80,000	18.52%
	01 Nov 2019	£67,500	-32.50%
	28 May 2004	£100,000	124.72%
	14 May 1999	£44,500	11.39%
	12 Mar 1998	£39,950	First Sale
1, GIBSIDE COURT FRONT STREETFlat, LeaseholdArea: 53 Sq.mtrAge: 1996-2002	19 Jul 2013	£78,000	-17.89%
	21 Dec 2004	£95,000	58.33%
	31 Jan 2003	£60,000	50.19%
	06 Mar 1998	£39,950	First Sale
4, GIBSIDE COURT FRONT STREETFlat, LeaseholdArea: 52 Sq.mtrAge: 1996-2002	31 Aug 2011	£70,000	-33.30%
	13 May 2005	£104,950	75.06%
	20 Dec 2002	£59,950	16.41%
	08 Mar 2002	£51,500	28.91%
	15 May 1998	£39,950	First Sale
3, GIBSIDE COURT FRONT STREETFlat, LeaseholdArea: 46.28 Sq.mtrAge: 1983-1990	13 Apr 2011	£75,000	4.17%
	01 May 2009	£72,000	-26.53%
	11 Jun 2004	£98,000	118.02%
	19 Mar 1999	£44,950	12.52%
	25 Mar 1998	£39,950	First Sale
6, GIBSIDE COURT FRONT STREETFlat, LeaseholdArea: 50.87 Sq.mtrAge: 1996-2002	08 Apr 2011	£85,000	-20.93%
	16 Nov 2007	£107,500	0.47%
	03 Nov 2006	£107,000	1.90%
	07 Jul 2004	£105,000	75.15%
	06 Dec 2002	£59,950	50.06%
	23 Feb 1998	£39,950	First Sale
5, GIBSIDE COURT FRONT STREETFlat, LeaseholdArea: 60 Sq.mtrAge: 1996-2002	05 Mar 1998	£44,950	First Sale

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

FRONT STREET, NE16 6LU Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £114,650 median price is £115,000 Standard Deviation is £53,330 with Total Sold: 359
- The Last 5 Year average price is £142,663 with Total Sold: 77
- The most recent sale happened at this postcode is , 2 WOOD STREET: £115,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 1 BRYANS LEAP: £58,000 (Sold on 24 Feb 1995)
Terraced
- The average price is around £96,076 median price is £98,000 Standard Deviation is £49,592 with Total Sold: 675
- The Last 5 Year average price is £138,076 with Total Sold: 112
- 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)
Detached
- The average price is around £188,721 median price is £180,000 Standard Deviation is £86,964 with Total Sold: 196
- The Last 5 Year average price is £262,092 with Total Sold: 36
- The most recent sale happened at this postcode is , 28 ASPEN GROVE: £58,000 (Sold on 11 Jul 2024)
- The first recorded sale happened at this postcode is , 61 OAKFIELDS: £105,000 (Sold on 31 Mar 1995)
Flat
- The average price is around £98,328 median price is £87,500 Standard Deviation is £55,124 with Total Sold: 66
- 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 1A, BARRAS HOUSE FRONT STREET: £25,000 (Sold on 20 Feb 1996)
Other
- The average price is around £140,500 median price is £92,500 Standard Deviation is £158,794 with Total Sold: 14
- The Last 5 Year average price is £179,540 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)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£155,875	£1,926	8
2023	£150,425	£1,799	10
2022	£146,300	£1,921	10
2021	£146,019	£1,758	17
2020	£120,125	£1,600	16
2019	£147,906	£1,928	16
2018	£155,583	£1,709	12
2017	£127,722	£1,677	22
2016	£134,674	£1,573	14
2015	£147,751	£1,714	21
2014	£128,363	£1,366	15
2013	£117,421	£1,473	14
2012	£118,312	£1,411	8
2011	£118,417	£1,450	6
2010	£126,825	£1,348	6
2009	£126,200	£1,657	5
2008	£134,167	£1,518	9
2007	£161,792	£1,873	13
2006	£124,978	£1,642	22
2005	£115,792	£1,349	12
2004	£104,869	£1,316	8
2003	£96,104	£1,254	13
2002	£74,477	£882	11
2001	£60,107	£673	14
2000	£50,140	£676	10
1999	£45,500	£616	9
1998	£43,317	£370	9
1997	£54,306	£585	16
1996	£33,250	£411	7
1995	£48,275	£540	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£151,481	£1,815	13
2023	£160,800	£1,700	10
2022	£141,842	£1,585	23
2021	£130,854	£1,430	26
2020	£137,264	£1,625	18
2019	£125,091	£1,306	22
2018	£117,000	£1,322	12
2017	£113,478	£1,411	23
2016	£128,513	£1,517	33
2015	£119,362	£1,439	33
2014	£117,058	£1,302	24
2013	£96,729	£1,256	12
2012	£110,380	£1,228	10
2011	£100,000	£1,269	12
2010	£102,375	£1,298	8
2009	£114,750	£1,216	19
2008	£112,160	£1,441	15
2007	£119,774	£1,431	30
2006	£123,989	£1,457	31
2005	£120,117	£1,149	27
2004	£110,650	£1,328	28
2003	£79,403	£933	32
2002	£63,843	£819	43
2001	£50,319	£550	29
2000	£45,430	£551	21
1999	£42,359	£439	26
1998	£43,022	£437	29
1997	£37,946	£481	27
1996	£33,219	£416	27
1995	£40,783	£414	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£58,000		1
2023	£265,667	£2,028	3
2022	£268,750	£2,882	4
2021	£290,500	£2,165	12
2020	£255,311	£2,162	9
2019	£245,929	£2,460	7
2018	£223,500	£1,752	6
2017	£241,055	£2,218	9
2016	£210,185	£1,996	16
2015	£195,666	£2,035	12
2014	£183,438	£1,761	8
2013	£197,750	£1,944	4
2012	£240,625	£1,706	4
2011	£196,333	£1,597	3
2010	£311,833	£1,936	3
2009	£194,725	£1,897	7
2008	£220,986	£2,296	3
2007	£270,017	£1,229	6
2006	£226,444	£2,084	9
2005	£189,875	£2,095	4
2004	£131,500	£1,330	2
2003	£176,571	£1,395	7
2002	£137,055	£1,340	11
2001	£111,938	£956	8
2000	£105,488	£959	4
1999	£89,062	£889	8
1998	£76,681	£733	8
1997	£96,190	£739	5
1996	£79,136	£643	7
1995	£76,408	£693	6

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£205,000		1
2023	£158,000	£1,241	4
2022	£116,000	£1,614	3
2021	£54,750	£741	2
2020	£125,000		1
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	£92,333	£1,994	6
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	£51,667	£135	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£101,667		3
2021	£245,217	£13,068	3
2020	£182,375		2
2019	£195,000	£1,033	2
2018	£2,200		1
2017	£67,825	£78	2
2015	£33,750		1

House Type in NE16 6LU area

The most common house types in the NE16 6LU postcode area are Terraced (80), Semi-detached (11), and Flat (10).

Total	123
Terraced	80
Semi-detached	11
Flat	10
Shared house	9
Detached	7
converted building	4
commercial building	2
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 (49), and Owned: Owns outright (45).

Owned: Owns with a mortgage or loan	49
Owned: Owns outright	45
Private rented: Private landlord or letting agency	24
Social rented: Other social rented	3
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the NE16 6LU have 1 person in household (62), and 2 people in household (42).

1 person in household	62
2 people in household	42
3 people in household	13
4 people in household	5
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0