Housing Market Analysis for OAK TERRACE, NE16 6NR

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £157,814 median price is £180,000 Standard Deviation is £65,006 with Total Sold: 11
    • The Last 5 Year average price is £213,500 with Total Sold: 2
    • The most recent sale happened at this postcode is THE OAKS OAK TERRACE: £247,000 (Sold on 06 Jul 2022)
    • The first recorded sale happened at this postcode is 2 OAK TERRACE: £54,000 (Sold on 11 Dec 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 6NR 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£247,000 £1,193 1
2020£180,000 £1,553 1
2016£180,000 £1,553 1
2014£178,000 £1,099 1
2009£223,000 £1,077 1
2005£207,500 £1,123 2
2003£90,475 £505 2
2002£78,000 £481 1
1998£54,0001

All the Sales in the OAK TERRACE, NE16 6NR

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

AddressSold DatePrice% Change
THE OAKS OAK TERRACETerraced, FreeholdArea: 207 Sq.mtrAge: before 190006 Jul 2022£247,00010.76%
09 Oct 2009£223,000-5.11%
25 Nov 2005£235,000193.93%
16 May 2003£79,950First Sale
4 OAK TERRACETerraced, FreeholdArea: 115.9 Sq.mtrAge: 1900-192930 Apr 2020£180,0000.0
15 Aug 2016£180,000First Sale
1 OAK TERRACETerraced, FreeholdArea: 162 Sq.mtrAge: before 190031 Oct 2014£178,000-1.11%
05 Aug 2005£180,00078.22%
11 Jul 2003£101,00029.49%
10 May 2002£78,000First Sale
2 OAK TERRACETerraced, Freehold11 Dec 1998£54,000First Sale

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

OAK TERRACE, NE16 6NR Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £92,586 median price is £90,000 Standard Deviation is £51,434 with Total Sold: 368
    • The Last 5 Year average price is £138,208 with Total Sold: 49
    • 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 , 9 COOPERATIVE TERRACE: £51,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £112,467 median price is £118,000 Standard Deviation is £45,157 with Total Sold: 191
    • The Last 5 Year average price is £143,353 with Total Sold: 42
    • 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 £186,932 median price is £180,000 Standard Deviation is £89,335 with Total Sold: 165
    • The Last 5 Year average price is £268,827 with Total Sold: 30
    • 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£128,2505
2023£146,125 £1,393 4
2022£164,343 £1,697 11
2021£132,217 £1,336 9
2020£124,074 £1,631 10
2019£130,800 £1,344 10
2018£98,400 £1,293 5
2017£108,844 £1,431 16
2016£131,931 £1,462 8
2015£119,818 £1,375 11
2014£115,712 £1,337 16
2013£102,125 £1,372 8
2012£107,667 £1,252 6
2011£105,900 £1,562 5
2010£96,000 £1,326 3
2009£119,932 £1,310 11
2008£114,878 £1,485 9
2007£112,662 £1,528 21
2006£133,160 £1,673 15
2005£130,572 £1,281 16
2004£118,669 £1,522 16
2003£81,509 £955 22
2002£62,187 £800 31
2001£49,352 £617 17
2000£45,511 £577 11
1999£42,212 £448 16
1998£40,309 £439 16
1997£38,808 £507 18
1996£31,541 £406 16
1995£45,325 £418 6
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£160,893 £1,857 11
2020£122,667 £1,653 12
2019£133,000 £1,640 5
2018£151,833 £1,617 6
2017£132,125 £1,745 8
2016£126,317 £1,372 3
2015£120,071 £1,527 7
2014£141,500 £1,424 7
2013£106,219 £1,492 8
2012£128,000 £1,486 3
2011£119,600 £1,464 5
2010£128,000 £1,440 3
2009£129,000 £1,570 4
2008£137,917 £1,755 6
2007£152,630 £1,882 10
2006£147,550 £1,845 10
2005£95,286 £1,218 7
2004£132,738 £1,415 4
2003£96,156 £1,248 9
2002£79,662 £916 8
2001£55,111 £693 9
2000£53,567 £676 6
1999£47,929 £756 7
1998£39,733 £359 6
1997£55,658 £643 6
1996£37,950 £444 5
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£268,750 £2,882 4
2021£292,889 £2,126 9
2020£262,186 £2,181 7
2019£245,929 £2,460 7
2018£217,800 £1,631 5
2017£234,929 £2,166 7
2016£208,356 £1,911 7
2015£203,889 £2,079 9
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£205,512 £1,951 6
2008£220,986 £2,296 3
2007£291,620 £791 5
2006£216,429 £2,104 7
2005£189,875 £2,095 4
2004£165,000 £1,793 1
2003£181,700 £1,479 5
2002£137,055 £1,340 11
2001£111,938 £956 8
2000£88,983 £959 3
1999£89,062 £889 8
1998£76,681 £733 8
1997£96,190 £739 5
1996£71,825 £643 6
1995£79,290 £770 5

House Type in NE16 6NR area

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