Over the past 30 years, there have been 14 property sales recorded in the NE16 5LB postcode area. The highest sale price reached £325,000, while the most recent sale was for a detached house sold in February 2023 for £325,000.
The estimated average property value in NE16 5LB currently stands at £265,277, which is roughly in line with the city average (within ±8%), suggesting property prices reflect broader market trends.
In terms of size, the average price per square metre is approximately £2,458.
Property prices in NE16 5LB have risen by 4.2% over the past year , with a total increase of 25.4% over the past five years, and a long-term rise of 42.3% over the past decade.
The most common type of property sold in the area is semi-detached, making up around 79% of transactions , followed by detached and terraced.
Housing in NE16 5LB is predominantly owner-occupied, with an estimated 66% of homes being lived in by the owners.
Properties at NE16 5LB appear fourteen times in the Land Registry records, with the latest transaction recorded on 21 Feb 2023. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Aug 2012. We use this data, to estimate the property's characteristics and current market value.
This website uses public sector information from:HM Land Registry Price Paid Data, and
Energy Performance of Buildings Data published by the Department for Levelling Up, Housing and Communities (DLUHC), formerly the Ministry of Housing, Communities & Local Government (MHCLG).
These datasets are licensed under the Open
Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.