Housing Market Analysis for GIBSIDE TERRACE, NE16 6NJ

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

Overview of Sold House prices

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

Terraced
- The average price is around £80,287 median price is £81,500 Standard Deviation is £35,714 with Total Sold: 30
- The Last 5 Year average price is £100,500 with Total Sold: 6
- The most recent sale happened at this postcode is 14 GIBSIDE TERRACE: £100,000 (Sold on 28 Oct 2022)
- The first recorded sale happened at this postcode is 4 GIBSIDE TERRACE: £35,000 (Sold on 13 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 6NJ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£100,000	£1,471	1
2020	£117,333	£1,668	3
2019	£75,500	£1,024	2
2017	£98,000	£1,265	4
2014	£103,000	£1,392	1
2011	£135,000	£1,697	1
2008	£80,000	£1,144	1
2007	£110,000	£1,521	1
2006	£111,500	£1,312	2
2005	£110,000		1
2004	£130,000	£1,354	1
2003	£69,675	£926	2
2002	£44,750	£638	2
2001	£36,083	£518	3
2000	£38,500	£501	2
1997	£36,750	£480	2
1996	£35,000	£365	1

All the Sales in the GIBSIDE TERRACE, NE16 6NJ

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

Address	Sold Date	Price	% Change
14 GIBSIDE TERRACETerraced, FreeholdArea: 68 Sq.mtrAge: 1930-1949	28 Oct 2022	£100,000	153.16%
	19 Jul 2002	£39,500	First Sale
12 GIBSIDE TERRACETerraced, FreeholdArea: 70 Sq.mtrAge: 1900-1929	30 Oct 2020	£117,000	82.81%
	02 Oct 2019	£64,000	First Sale
18 GIBSIDE TERRACETerraced, FreeholdArea: 71 Sq.mtrAge: 1900-1929	28 Oct 2020	£135,000	First Sale
9 GIBSIDE TERRACETerraced, FreeholdArea: 69.91 Sq.mtrAge: before 1900	24 Apr 2020	£100,000	25.00%
	12 Dec 2008	£80,000	128.57%
	24 Aug 2000	£35,000	First Sale
2 GIBSIDE TERRACETerraced, FreeholdArea: 76.8 Sq.mtrAge: before 1900	20 Nov 2019	£87,000	19.18%
	01 Nov 2017	£73,000	13.44%
	04 Mar 2003	£64,350	51.41%
	09 Feb 2001	£42,500	First Sale
11 GIBSIDE TERRACETerraced, FreeholdArea: 79.54 Sq.mtrAge: before 1900	15 Sep 2017	£135,000	0.0
	02 Dec 2011	£135,000	-3.57%
	04 Sep 2006	£140,000	First Sale
15 GIBSIDE TERRACETerraced, FreeholdArea: 86 Sq.mtrAge: 1900-1929	18 Aug 2017	£95,000	140.51%
	31 Oct 1997	£39,500	First Sale
6 GIBSIDE TERRACETerraced, FreeholdArea: 68 Sq.mtrAge: 1900-1929	04 Jul 2017	£89,000	161.76%
	05 Dec 1997	£34,000	First Sale
3 GIBSIDE TERRACETerraced, FreeholdArea: 74 Sq.mtrAge: before 1900	07 Apr 2014	£103,000	37.33%
	22 Aug 2003	£75,000	109.79%
	02 Mar 2001	£35,750	First Sale
7 GIBSIDE TERRACETerraced, FreeholdArea: 72.3 Sq.mtrAge: before 1900	02 Jul 2007	£110,000	First Sale
4 GIBSIDE TERRACETerraced, FreeholdArea: 96 Sq.mtrAge: before 1900	06 Oct 2006	£83,000	-36.15%
	29 Oct 2004	£130,000	271.43%
	13 Dec 1996	£35,000	First Sale
5 GIBSIDE TERRACETerraced, Freehold	06 Dec 2005	£110,000	161.90%
5 GIBSIDE TERRACETerraced, Freehold	08 Sep 2000	£42,000	First Sale
1 GIBSIDE TERRACETerraced, FreeholdArea: 72 Sq.mtrAge: before 1900	18 Apr 2002	£50,000	First Sale
13 GIBSIDE TERRACETerraced, Freehold	06 Apr 2001	£30,000	First Sale

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

GIBSIDE TERRACE, NE16 6NJ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £113,392 median price is £112,500 Standard Deviation is £52,439 with Total Sold: 333
- The Last 5 Year average price is £141,411 with Total Sold: 72
- 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 , 19 RAGLAN PLACE: £45,750 (Sold on 07 Apr 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 £192,039 median price is £184,000 Standard Deviation is £88,240 with Total Sold: 177
- The Last 5 Year average price is £263,619 with Total Sold: 32
- 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 £311,618 median price is £110,000 Standard Deviation is £479,065 with Total Sold: 16
- The Last 5 Year average price is £313,218 with Total Sold: 11
- 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	£140,472	£1,724	9
2022	£146,300	£1,921	10
2021	£145,088	£1,705	15
2020	£120,300	£1,588	15
2019	£148,433	£1,924	15
2018	£155,182	£1,687	11
2017	£126,445	£1,646	20
2016	£134,674	£1,573	14
2015	£147,389	£1,672	20
2014	£128,363	£1,366	15
2013	£95,582	£1,362	11
2012	£118,312	£1,411	8
2011	£114,100	£1,344	5
2010	£126,825	£1,348	6
2009	£126,200	£1,657	5
2008	£132,625	£1,407	8
2007	£162,192	£1,808	12
2006	£120,301	£1,642	20
2005	£115,792	£1,349	12
2004	£104,869	£1,316	8
2003	£92,529	£1,175	12
2002	£74,477	£882	11
2001	£58,083	£645	12
2000	£49,112	£660	8
1999	£45,500	£616	9
1998	£43,317	£370	9
1997	£53,930	£585	15
1996	£30,292	£283	6
1995	£42,925	£436	4

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	£258,333	£2,592	3
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	£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	£202,179	£1,901	6
2008	£228,978	£2,180	2
2007	£270,017	£1,229	6
2006	£232,250	£2,084	8
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	£111,983	£1,040	3
1999	£89,062	£889	8
1998	£76,250	£693	6
1997	£98,738	£709	4
1996	£81,100	£550	5
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	£680,000	£1,033	3
2018	£2,200		1
2017	£501,515	£78	3
2015	£33,750		1

House Type in NE16 6NJ area

The most common house types in the NE16 6NJ 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 6NJ 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