Housing Market Analysis for BUSTY BANK, NE16 6NG

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £195,425 median price is £209,900 Standard Deviation is £78,648 with Total Sold: 16
    • The Last 5 Year average price is £254,200 with Total Sold: 4
    • The most recent sale happened at this postcode is 1, THE LARCHES BUSTY BANK: £295,000 (Sold on 28 Jul 2022)
    • The first recorded sale happened at this postcode is 43 BUSTY BANK: £95,500 (Sold on 22 Mar 1996)
  • Semi-Detached
    • The average price is around £113,750 median price is £128,500 Standard Deviation is £46,625 with Total Sold: 10
    • The Last 5 Year average price is £174,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 36 BUSTY BANK: £182,500 (Sold on 03 Apr 2020)
    • The first recorded sale happened at this postcode is 39 BUSTY BANK: £166,000 (Sold on 14 Jun 2024)
  • Terraced
    • The average price is around £152,250 median price is £129,500 Standard Deviation is £81,103 with Total Sold: 4
    • The Last 5 Year average price is £285,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 41 BUSTY BANK: £285,000 (Sold on 12 Jul 2019)
    • The first recorded sale happened at this postcode is 35 BUSTY BANK: £65,000 (Sold on 31 Jan 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 6NG 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
2022£295,000 £2,479 1
2020£251,400 £2,232 2
2019£219,000 £2,607 1
2018£220,000 £1,849 1
2016£281,500 £1,810 2
2014£178,500 £1,500 1
2006£257,000 £2,315 1
2005£186,000 £1,975 2
2002£153,500 £1,414 2
1999£58,5002
1996£95,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£182,500 £3,243 1
2017£132,000 £1,784 1
2015£114,500 £1,255 2
2013£133,000 £2,363 1
2006£125,000 £2,221 1
2003£80,000 £1,143 1
2001£32,000 £457 1
2000£58,000 £1,031 1
2024£166,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£285,000 £2,591 1
2005£129,5002
2002£65,0001

All the Sales in the BUSTY BANK, NE16 6NG

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

AddressSold DatePrice% Change
1, THE LARCHES BUSTY BANKDetached, FreeholdArea: 119 Sq.mtrAge: 1967-197528 Jul 2022£295,00034.09%
11 Jan 2018£220,00023.25%
29 Aug 2014£178,500First Sale
2, THE LARCHES BUSTY BANKDetached, FreeholdArea: 111 Sq.mtrAge: 1983-199023 Oct 2020£290,00024.46%
01 Jul 2016£233,000-9.34%
08 Nov 2006£257,00055.76%
30 May 2005£165,0005.10%
15 Jul 2002£157,000First Sale
3, THE LARCHES BUSTY BANKDetached, FreeholdArea: 115 Sq.mtrAge: 1991-199514 Aug 2020£212,800First Sale
36 BUSTY BANKSemi-Detached, FreeholdArea: 56.28 Sq.mtrAge: before 190003 Apr 2020£182,50037.22%
20 Feb 2013£133,0006.40%
25 Aug 2006£125,000115.52%
31 Jul 2000£58,000First Sale
41 BUSTY BANKTerraced, FreeholdArea: 110 Sq.mtrAge: before 190012 Jul 2019£285,000First Sale
34 BUSTY BANKDetached, FreeholdArea: 84 Sq.mtrAge: 1900-192915 Feb 2019£219,0005.80%
26 Aug 2005£207,000First Sale
39 BUSTY BANKSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1900-192921 Sep 2017£132,00067.09%
29 Apr 2015£79,000-52.41%
14 Jun 2024£166,000First Sale
32 BUSTY BANKDetached, FreeholdArea: 217 Sq.mtrAge: 1991-199530 Sep 2016£330,000First Sale
38 BUSTY BANKSemi-Detached, FreeholdArea: 104 Sq.mtrAge: 1900-192929 Apr 2015£150,000First Sale
35 BUSTY BANKTerraced, Freehold16 Sep 2005£134,0007.20%
11 Mar 2005£125,00092.31%
31 Jan 2002£65,000First Sale
37 BUSTY BANKSemi-Detached, FreeholdArea: 70 Sq.mtrAge: before 190027 Jun 2003£80,000150.00%
14 Dec 2001£32,000First Sale
43 BUSTY BANKDetached, Freehold10 May 2002£150,00057.07%
22 Mar 1996£95,500First Sale
24 BUSTY BANKDetached, Freehold12 Oct 1999£20,000First Sale
33A BUSTY BANKDetached, Freehold29 Jan 1999£97,000First Sale

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

BUSTY BANK, NE16 6NG Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £115,623 median price is £115,000 Standard Deviation is £53,597 with Total Sold: 286
    • The Last 5 Year average price is £146,039 with Total Sold: 56
    • 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 £96,672 median price is £98,000 Standard Deviation is £49,922 with Total Sold: 701
    • The Last 5 Year average price is £138,089 with Total Sold: 118
    • 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 £191,564 median price is £185,000 Standard Deviation is £87,751 with Total Sold: 179
    • The Last 5 Year average price is £263,553 with Total Sold: 34
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£153,333 £2,032 6
2023£150,531 £1,886 8
2022£163,000 £1,998 7
2021£148,840 £1,701 13
2020£128,136 £1,757 11
2019£142,591 £1,978 11
2018£142,900 £1,748 10
2017£126,883 £1,626 18
2016£133,869 £1,578 12
2015£149,636 £1,693 20
2014£115,033 £1,312 12
2013£126,906 £1,506 9
2012£94,917 £1,297 6
2011£118,667 £1,347 3
2010£126,825 £1,348 6
2009£129,000 £1,694 4
2008£102,400 £1,303 5
2007£169,500 £1,856 10
2006£122,251 £1,662 20
2005£127,944 £1,485 9
2004£129,328 £1,316 9
2003£85,050 £1,274 8
2002£82,300 £1,013 11
2001£64,875 £645 12
2000£66,707 £1,031 7
1999£52,438 £657 8
1998£49,690 £426 5
1997£52,304 £585 13
1996£43,625 £312 6
1995£63,521 £540 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£151,481 £1,815 13
2023£160,800 £1,700 10
2022£143,295 £1,569 25
2021£133,471 £1,438 28
2020£137,264 £1,625 18
2019£121,958 £1,275 24
2018£119,500 £1,306 13
2017£113,478 £1,411 23
2016£128,513 £1,517 33
2015£124,528 £1,436 37
2014£117,296 £1,288 25
2013£96,729 £1,256 12
2012£109,436 £1,219 11
2011£100,000 £1,269 12
2010£107,000 £1,379 7
2009£115,612 £1,224 20
2008£115,459 £1,435 16
2007£119,137 £1,422 31
2006£125,602 £1,465 31
2005£120,117 £1,149 27
2004£110,650 £1,328 28
2003£79,482 £926 33
2002£64,097 £809 44
2001£50,175 £549 30
2000£48,051 £553 25
1999£42,693 £435 25
1998£44,072 £445 30
1997£38,760 £487 31
1996£33,219 £416 27
1995£40,783 £414 12
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£58,0001
2023£250,500 £2,153 4
2022£273,750 £2,616 4
2021£290,500 £2,165 12
2020£255,311 £2,162 9
2019£255,500 £2,580 4
2018£223,500 £1,752 6
2017£247,812 £2,203 8
2016£210,185 £1,996 16
2015£195,666 £2,035 12
2014£165,278 £1,584 9
2013£210,000 £1,938 2
2012£240,625 £1,706 4
2011£264,500 £1,509 4
2010£260,250 £2,231 2
2009£202,179 £1,901 6
2008£228,978 £2,180 2
2007£263,750 £1,229 7
2006£212,571 £2,084 7
2005£189,875 £2,095 4
2004£131,500 £1,330 2
2003£178,917 £1,292 6
2002£137,055 £1,340 11
2001£114,357 £951 7
2000£90,475 £1,040 2
1999£89,722 £889 9
1998£76,250 £693 6
1997£83,317 £829 3
1996£70,625 £550 4
1995£76,408 £693 6
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£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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£101,6673
2021£245,217 £13,068 3
2020£182,3752
2019£195,000 £1,033 2
2018£2,2001
2017£67,825 £78 2
2015£33,7501

House Type in NE16 6NG area

The most common house types in the NE16 6NG postcode area are Semi-detached (70), Detached (50), and Terraced (13).

Total150
Semi-detached70
Detached50
Terraced13
Flat7
converted building7
Shared house3
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (79), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright79
Owned: Owns with a mortgage or loan49
Private rented: Private landlord or letting agency15
Private rented: Other private rented5
Social rented: Rents from council or Local Authority2
Shared ownership: Shared ownership1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE16 6NG have 2 people in household (66), and 1 person in household (50).

2 people in household66
1 person in household50
3 people in household26
4 people in household8
6 people in household2
5 people in household1
0 people in household0
7 people in household0
8 or more people in household0