NE16 4LT is a residential postcode situated on Glebe Walk, Whickham, Newcastle Upon Tyne, NE16 with 12 addresses.
It ranks as the 311th largest and 15th most expensive of the 720 postcodes in the NE16 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 flats.
NE16 4LT is a residential postcode situated on Glebe Walk, Whickham, Newcastle Upon Tyne, NE16 with 12 addresses.
It ranks as the 311th largest and 15th most expensive of the 720 postcodes in the NE16 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 flats.
Sale prices range from £70,443 for 1 bedroom leasehold flats with a garden (355 ft2) to £91,785 for 2 bedroom leasehold flats (615 ft2) .
Monthly rental prices range from £547 pcm for 1 bed flats to £692 pcm for 2 bed flats.
The gross rental yield is between 9.0% and 9.6%.
The average value per square foot is £181.
The last sale in NE16 4LT sold for £75,500 on 14th October 2022. Since then prices are up an average of 0.2%.
The current average value in the postcode is £77,827.
The NE16 4LT Sales Market has increased by 17.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.5% | £77,827 |
| April 2025 | -2.7% | £78,183 |
| April 2024 | 3.2% | £80,325 |
| April 2023 | 4.2% | £77,834 |
| April 2022 | 2.7% | £74,698 |
| April 2021 | 4.1% | £72,725 |
| April 2020 | 2.9% | £69,860 |
| April 2019 | -0.3% | £67,882 |
| April 2018 | 3.1% | £68,067 |
| April 2017 | -0.6% | £66,049 |
| April 2016 | 0.7% | £66,446 |
| April 2015 | -0.8% | £65,965 |
| April 2014 | 2.8% | £66,472 |
| April 2013 | -0.4% | £64,646 |
| April 2012 | -2.8% | £64,920 |
| April 2011 | -2.2% | £66,803 |
| April 2010 | -2.7% | £68,299 |
| April 2009 | -7.4% | £70,175 |
| April 2008 | -2.7% | £75,807 |
| April 2007 | 0% | £77,893 |
The current average rental value in the postcode is £614.
The NE16 4LT Rental Market has increased by 42.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £614pcm |
| April 2025 | 5.4% | £593pcm |
| April 2024 | 6.2% | £563pcm |
| April 2023 | 10.1% | £530pcm |
| April 2022 | 8.9% | £481pcm |
| April 2021 | 1.7% | £442pcm |
| April 2020 | 0.8% | £435pcm |
| April 2019 | 1.5% | £431pcm |
| April 2018 | -0.6% | £425pcm |
| April 2017 | -1.1% | £427pcm |
| April 2016 | -0.2% | £432pcm |
| April 2015 | 0.4% | £433pcm |
| April 2014 | 0.6% | £431pcm |
| April 2013 | 0% | £429pcm |
| April 2012 | -1.3% | £429pcm |
| April 2011 | -0.1% | £434pcm |
| April 2010 | -2.9% | £435pcm |
| April 2009 | -3.3% | £448pcm |
| April 2008 | 0% | £463pcm |
| April 2007 | 0% | £463pcm |
The last sale was on 14th October 2022 for £75,500 and since then the market in the area has increased by 0.2%. The postcode has had a total of 4 sales since 1995.
NE16 4LT has seen no sales in the last three years and no sales in the last twelve months.
NE16 4LT is the 311th largest and the 15th most expensive postcode out of the 720 postcodes in the NE16 area.
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The closest station to NE16 4LT is MetroCentre station which is 1.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NE16 4LT, 30.9% of property is socially rented and 29.0% is privately owned outright.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE16 4LT, 14.9% of residents are recorded as possessing school level qualifications and 22.9% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE16 4LT, the average age was 49.6 and the most common age was 72.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE16 4LT, 1.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE16 4LT, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
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