Analysis of recent property sales -- official HM Land Registry data
The average house price in NE16 (NE16 3AA) is £197,031, based on 271 transactions recorded by HM Land Registry. The median price is £165,000, giving a price range from £39,999 to £705,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-19 | £159,500 | T | 69.0 m² |
| 2026-01-15 | £264,000 | D | 85.0 m² |
| 2026-01-15 | £325,000 | T | 127.0 m² |
| 2026-01-15 | £220,000 | S | 91.0 m² |
| 2026-01-15 | £173,500 | S | 74.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: NE16
NE16 saw 271 residential sales complete over the twelve-month window, a busy level of activity that makes the local price benchmarks more reliable than in thinner markets. Individual sales ranged from £40k to £705k, which is a normal spread for a postcode of this size.
No single property type dominates — terraced houses led with 37% but the mix is diverse, while detached houses accounted for 16% and semi-detached houses accounted for 31%.
The twelve-month trend is upward: comparing the first half of the window with the second, the median shifted by roughly +4.4%. Monthly volume was fairly consistent, giving the trend line a reliable shape.
Liquidity in NE16 3AA is healthy: the high sale count makes it easier to benchmark a specific property against genuinely recent comparables rather than extrapolating from older deals. On the rental side, the estimated gross yield on a median-priced property here is around 13.1%, based on ONS regional rents.