Housing Market Analysis for PARK TERRACE, NE16 6QD

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

Overview of Sold House prices

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

Terraced
- The average price is around £87,522 median price is £93,250 Standard Deviation is £29,351 with Total Sold: 34
- The Last 5 Year average price is £113,000 with Total Sold: 6
- The most recent sale happened at this postcode is 6 PARK TERRACE: £145,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is 24 PARK TERRACE: £26,500 (Sold on 20 Oct 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 6QD 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
2024	£145,000		1
2022	£111,000	£1,312	3
2021	£100,000	£1,150	2
2019	£87,375	£1,030	4
2016	£96,500	£1,188	1
2015	£98,500	£1,097	2
2014	£110,000	£1,069	1
2013	£74,000	£860	1
2012	£93,400	£924	2
2010	£105,000	£1,020	1
2006	£111,750	£1,316	4
2005	£97,500	£1,061	2
2003	£93,500		2
2002	£63,000	£622	1
2001	£46,475	£463	2
2000	£46,500	£517	1
1997	£42,000		1
1996	£39,000		1
1995	£33,250	£294	2

All the Sales in the PARK TERRACE, NE16 6QD

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

Address	Sold Date	Price	% Change
6 PARK TERRACETerraced, Freehold	26 Jul 2024	£145,000	31.82%
6 PARK TERRACETerraced, Freehold	27 Mar 2015	£110,000	First Sale
14 PARK TERRACETerraced, FreeholdArea: 90 Sq.mtrAge: 1900-1929	01 Nov 2022	£128,000	175.27%
	25 Feb 2000	£46,500	First Sale
26 PARK TERRACETerraced, FreeholdArea: 82 Sq.mtrAge: 1900-1929	15 Jul 2022	£115,000	202.63%
	11 Apr 2001	£38,000	First Sale
19 PARK TERRACETerraced, FreeholdArea: 81 Sq.mtrAge: before 1900	25 Feb 2022	£90,000	-14.69%
	05 Dec 2006	£105,500	First Sale
16 PARK TERRACETerraced, FreeholdArea: 92 Sq.mtrAge: 1900-1929	15 Sep 2021	£115,000	-4.17%
	06 Feb 2006	£120,000	First Sale
22 PARK TERRACETerraced, FreeholdArea: 81 Sq.mtrAge: before 1900	11 Jun 2021	£85,000	First Sale
10 PARK TERRACETerraced, FreeholdArea: 92 Sq.mtrAge: 1900-1929	10 Oct 2019	£77,500	-8.82%
	20 Jul 2012	£85,000	First Sale
23 PARK TERRACETerraced, FreeholdArea: 84 Sq.mtrAge: before 1900	09 Aug 2019	£110,000	74.60%
	18 Jan 2019	£63,000	First Sale
21 PARK TERRACETerraced, FreeholdArea: 81.2 Sq.mtrAge: before 1900	03 May 2019	£99,000	2.59%
	01 Mar 2016	£96,500	-11.47%
	20 Dec 2006	£109,000	36.25%
	31 Aug 2005	£80,000	First Sale
9 PARK TERRACETerraced, FreeholdArea: 86 Sq.mtrAge: before 1900	06 Mar 2015	£87,000	17.57%
	11 Feb 2013	£74,000	First Sale
12 PARK TERRACETerraced, FreeholdArea: 102.91 Sq.mtr	04 Sep 2014	£110,000	4.76%
12 PARK TERRACETerraced, FreeholdArea: 102.91 Sq.mtr	21 May 2010	£105,000	First Sale
20 PARK TERRACETerraced, Freehold	01 Nov 2012	£101,800	19.76%
	15 Oct 2003	£85,000	102.38%
	25 Jul 1997	£42,000	First Sale
4 PARK TERRACETerraced, Freehold	30 Jun 2006	£112,500	10.29%
	12 Dec 2003	£102,000	85.62%
	23 Jul 2001	£54,950	First Sale
18 PARK TERRACETerraced, FreeholdArea: 101.24 Sq.mtrAge: 1900-1929	18 Nov 2005	£115,000	82.54%
	06 Sep 2002	£63,000	First Sale
1 PARK TERRACETerraced, Freehold	17 May 1996	£39,000	First Sale
5 PARK TERRACETerraced, Freehold	27 Oct 1995	£40,000	First Sale
24 PARK TERRACETerraced, FreeholdArea: 90 Sq.mtrAge: 1930-1949	20 Oct 1995	£26,500	First Sale

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

PARK TERRACE, NE16 6QD Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £116,176 median price is £115,000 Standard Deviation is £55,172 with Total Sold: 369
- The Last 5 Year average price is £153,307 with Total Sold: 55
- 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 £96,108 median price is £95,000 Standard Deviation is £48,927 with Total Sold: 672
- The Last 5 Year average price is £137,553 with Total Sold: 95
- The most recent sale happened at this postcode is , 6 PARK TERRACE: £145,000 (Sold on 26 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 £189,695 median price is £180,500 Standard Deviation is £90,358 with Total Sold: 194
- The Last 5 Year average price is £264,977 with Total Sold: 31
- 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 £95,632 median price is £82,500 Standard Deviation is £53,142 with Total Sold: 74
- The Last 5 Year average price is £117,462 with Total Sold: 13
- 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 £175,675 with Total Sold: 8
- 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	£154,633	£1,913	9
2023	£177,341	£1,887	11
2022	£163,000	£1,998	7
2021	£148,058	£1,677	16
2020	£131,625	£1,758	12
2019	£144,563	£1,867	15
2018	£141,367	£1,655	15
2017	£137,471	£1,617	21
2016	£132,033	£1,550	13
2015	£147,396	£1,660	22
2014	£121,181	£1,393	16
2013	£125,968	£1,463	11
2012	£112,681	£1,354	8
2011	£124,750	£1,423	4
2010	£126,564	£1,323	7
2009	£119,714	£1,499	7
2008	£106,158	£1,303	6
2007	£163,139	£1,786	14
2006	£126,209	£1,642	24
2005	£128,000	£1,460	11
2004	£129,793	£1,432	15
2003	£81,604	£1,079	13
2002	£78,019	£902	16
2001	£66,535	£680	14
2000	£66,707	£1,031	7
1999	£50,577	£601	13
1998	£51,478	£417	9
1997	£52,282	£557	14
1996	£45,022	£343	9
1995	£58,265	£540	10

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£153,521	£1,815	12
2023	£150,091	£1,605	11
2022	£137,015	£1,575	25
2021	£129,873	£1,410	30
2020	£132,515	£1,599	17
2019	£119,792	£1,280	24
2018	£125,955	£1,333	11
2017	£113,475	£1,397	20
2016	£124,189	£1,495	34
2015	£124,815	£1,417	35
2014	£114,391	£1,289	24
2013	£97,795	£1,249	11
2012	£107,982	£1,193	11
2011	£100,455	£1,258	11
2010	£107,000	£1,379	7
2009	£110,592	£1,234	19
2008	£115,459	£1,435	16
2007	£115,265	£1,398	29
2006	£121,446	£1,437	35
2005	£111,933	£1,082	23
2004	£111,600	£1,339	27
2003	£78,821	£964	31
2002	£65,421	£845	41
2001	£51,492	£543	29
2000	£47,446	£544	25
1999	£43,034	£435	24
1998	£45,380	£456	26
1997	£39,228	£487	29
1996	£32,998	£421	24
1995	£41,495	£404	11

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£58,000		1
2023	£241,667	£2,153	3
2022	£274,583	£2,616	6
2021	£290,500	£2,165	12
2020	£255,311	£2,162	9
2019	£308,400	£2,457	5
2018	£223,500	£1,752	6
2017	£219,250	£2,071	10
2016	£210,185	£1,996	16
2015	£196,768	£1,997	13
2014	£160,000	£1,549	8
2013	£153,333	£1,444	3
2012	£228,500	£1,632	3
2011	£264,500	£1,509	4
2010	£233,833	£2,076	3
2009	£202,179	£1,901	6
2008	£245,739	£1,894	4
2007	£263,750	£1,229	7
2006	£212,571	£2,084	7
2005	£172,900	£1,957	5
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	£94,864	£889	11
1998	£99,125	£700	8
1997	£93,612	£735	4
1996	£70,625	£550	4
1995	£86,406	£726	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£131,500	£1,036	2
2023	£136,300	£1,117	5
2022	£116,000	£1,614	3
2021	£54,750	£741	2
2020	£125,000		1
2019	£99,375	£1,416	4
2018	£144,125	£1,099	4
2017	£149,988	£1,646	4
2016	£145,000	£1,430	3
2015	£92,850	£1,118	5
2014	£90,666	£1,591	1
2013	£78,000	£1,472	1
2012	£115,000	£2,018	1
2011	£76,667	£1,546	3
2010	£71,250	£1,247	1
2009	£72,000	£1,556	1
2008	£101,271	£1,089	6
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 6QD area

The most common house types in the NE16 6QD postcode area are Terraced (114), Semi-detached (16), and Detached (7).

Total	137
Terraced	114
Semi-detached	16
Detached	7
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (55), and Owned: Owns with a mortgage or loan (55).

Owned: Owns outright	55
Owned: Owns with a mortgage or loan	55
Private rented: Private landlord or letting agency	21
Social rented: Rents from council or Local Authority	2
Social rented: Other social rented	2
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

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

1 person in household	45
2 people in household	45
3 people in household	27
4 people in household	17
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0