Housing Market Analysis for MAGNOLIA GROVE, NE16 6QN

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £80,000 median price is £80,000 Standard Deviation is £10,000 with Total Sold: 2
    • The Last 5 Year average price is £70,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 12 MAGNOLIA GROVE: £70,000 (Sold on 01 Jul 2021)
    • The first recorded sale happened at this postcode is 12 MAGNOLIA GROVE: £90,000 (Sold on 03 Mar 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average NE16 6QN 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£70,000 £1,148 1
2008£90,000 £1,475 1

All the Sales in the MAGNOLIA GROVE, NE16 6QN

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

AddressSold DatePrice% Change
12 MAGNOLIA GROVESemi-Detached, LeaseholdArea: 61 Sq.mtrAge: 1996-200201 Jul 2021£70,000-22.22%
03 Mar 2008£90,000First Sale

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

MAGNOLIA GROVE, NE16 6QN Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £115,420 median price is £115,000 Standard Deviation is £53,700 with Total Sold: 391
    • The Last 5 Year average price is £146,226 with Total Sold: 83
    • 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 £95,580 median price is £97,000 Standard Deviation is £48,961 with Total Sold: 695
    • The Last 5 Year average price is £136,789 with Total Sold: 116
    • 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 £193,462 median price is £185,000 Standard Deviation is £90,687 with Total Sold: 181
    • The Last 5 Year average price is £263,145 with Total Sold: 33
    • 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£156,333 £1,926 9
2023£148,386 £1,739 11
2022£152,091 £1,901 11
2021£152,657 £1,701 19
2020£127,029 £1,592 17
2019£147,781 £1,898 16
2018£154,038 £1,689 13
2017£126,904 £1,605 22
2016£133,029 £1,549 15
2015£146,942 £1,657 22
2014£131,550 £1,391 18
2013£115,993 £1,390 15
2012£118,494 £1,391 9
2011£114,100 £1,344 5
2010£126,825 £1,348 6
2009£119,222 £1,507 9
2008£131,772 £1,407 9
2007£162,192 £1,808 12
2006£122,501 £1,624 22
2005£117,962 £1,349 13
2004£128,995 £1,355 11
2003£91,457 £1,122 15
2002£76,283 £890 15
2001£63,769 £645 13
2000£59,490 £660 10
1999£49,273 £651 11
1998£42,585 £373 10
1997£53,809 £585 16
1996£39,825 £323 10
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£138,974 £1,586 24
2021£133,471 £1,438 28
2020£134,750 £1,629 17
2019£121,958 £1,275 24
2018£119,500 £1,306 13
2017£113,478 £1,411 23
2016£126,904 £1,515 32
2015£124,528 £1,436 37
2014£114,766 £1,297 24
2013£96,729 £1,256 12
2012£109,436 £1,219 11
2011£100,000 £1,269 12
2010£102,375 £1,298 8
2009£109,961 £1,234 19
2008£115,459 £1,435 16
2007£119,137 £1,422 31
2006£125,171 £1,458 33
2005£113,126 £1,153 25
2004£110,650 £1,328 28
2003£78,773 £960 31
2002£63,597 £819 44
2001£50,175 £549 30
2000£48,051 £553 25
1999£42,359 £439 26
1998£43,729 £445 29
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£241,667 £2,153 3
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£268,611 £2,109 9
2016£210,185 £1,996 16
2015£195,666 £2,035 12
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£260,250 £2,231 2
2009£202,179 £1,901 6
2008£214,319 £1,894 3
2007£263,750 £1,229 7
2006£232,250 £2,084 8
2005£223,100 £1,849 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£111,983 £1,040 3
1999£89,722 £889 9
1998£76,250 £693 6
1997£81,975 £882 2
1996£81,100 £550 5
1995£73,700 £726 5
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 6QN area

The most common house types in the NE16 6QN postcode area are Semi-detached (96), Terraced (61), and Detached (9).

Total166
Semi-detached96
Terraced61
Detached9
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (72), and Owned: Owns outright (39).

Owned: Owns with a mortgage or loan72
Owned: Owns outright39
Social rented: Other social rented27
Private rented: Private landlord or letting agency11
Social rented: Rents from council or Local Authority7
Private rented: Other private rented5
Shared ownership: Shared ownership3
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE16 6QN have 1 person in household (68), and 2 people in household (60).

1 person in household68
2 people in household60
3 people in household25
4 people in household12
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0