Over the past 29 years, there have been 14 property sales recorded in the NE16 5LP postcode area. The highest sale price reached £190,000, while the most recent sale was a property sold in August 2022 for £97,500.
The estimated average property value in NE16 5LP currently stands at £119,502, which is approximately 54.9% lower than the city average - making it a relatively affordable option for buyers.
In terms of size, the average price per square metre is approximately £948.
Property prices in NE16 5LP have risen by 3.7% over the past year , with a total increase of 25.2% over the past five years, and a long-term rise of 33.6% over the past decade.
The most common type of property sold in the area is terraced, making up around 86% of transactions , followed by other.
Housing in NE16 5LP is predominantly rented, with an estimated 60% of homes being rented, either privately or through social housing.
Properties at NE16 5LP appear fourteen times in the Land Registry records, with the latest transaction recorded on 25 Aug 2022. It also has five Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Feb 2019. 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.