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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE16 4LWHouse Prices / North East, Gateshead, Well Close Walk
Last updated May 2026
Key Postcode Insights
NE16 4LW is a residential postcode situated on Well Close Walk, Whickham, Newcastle Upon Tyne, NE16 with 12 addresses.
It ranks as the 312th largest and 269th most expensive of the 720 postcodes in the NE16 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
12
Properties
- Houses
Key Postcode Insights
NE16 4LW is a residential postcode situated on Well Close Walk, Whickham, Newcastle Upon Tyne, NE16 with 12 addresses.
It ranks as the 312th largest and 269th most expensive of the 720 postcodes in the NE16 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
12
Properties
- Houses
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House Pricesin NE16 4LW
Sale prices range from £118,739 for 2 bedroom freehold houses with a garden (344 ft2) to £182,457 for 3 bedroom freehold houses with a garden (784 ft2) .
Monthly rental prices range from £801 pcm for 2 bed houses to £1,210 pcm for 3 bed houses.
The gross rental yield is between 8.0% and 8.2%.
The average value per square foot is £249.
Average Sale Value
£163,763
Average Rental Value
£1,114 pcm
Average Rental Yield
8.2% /year
Average Value Per Sqft
£249 /ft2
Sales Market Trendsin NE16 4LW
The last sale in NE16 4LW sold for £162,500 on 14th June 2022. Since then prices are up an average of 6.7%.
The current average value in the postcode is £163,763.
The NE16 4LW Sales Market has increased by 35.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1% | £163,763 |
| April 2025 | -1.8% | £162,140 |
| April 2024 | 3.2% | £165,057 |
| April 2023 | 6.3% | £159,961 |
| April 2022 | 5.3% | £150,498 |
| April 2021 | 6.5% | £142,960 |
| April 2020 | 3.8% | £134,173 |
| April 2019 | 0.4% | £129,321 |
| April 2018 | 5.1% | £128,747 |
| April 2017 | 1.4% | £122,471 |
| April 2016 | 1.5% | £120,753 |
| April 2015 | 0.4% | £119,001 |
| April 2014 | 4.8% | £118,575 |
| April 2013 | 1% | £113,173 |
| April 2012 | -2.2% | £112,002 |
| April 2011 | -1.7% | £114,519 |
| April 2010 | -1% | £116,447 |
| April 2009 | -8% | £117,582 |
| April 2008 | -2.1% | £127,858 |
| April 2007 | 0% | £130,581 |
Rental Market Trendsin NE16 4LW
The current average rental value in the postcode is £1,114.
The NE16 4LW Rental Market has increased by 64.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5% | £1,114pcm |
| April 2025 | 6.4% | £1,061pcm |
| April 2024 | 6.2% | £998pcm |
| April 2023 | 12.3% | £940pcm |
| April 2022 | 11.6% | £837pcm |
| April 2021 | 4.1% | £750pcm |
| April 2020 | 1.6% | £720pcm |
| April 2019 | 2.2% | £709pcm |
| April 2018 | 1.4% | £693pcm |
| April 2017 | 0.9% | £683pcm |
| April 2016 | 0.5% | £677pcm |
| April 2015 | 1.6% | £674pcm |
| April 2014 | 2.5% | £664pcm |
| April 2013 | 1.5% | £647pcm |
| April 2012 | -0.7% | £638pcm |
| April 2011 | 0.5% | £642pcm |
| April 2010 | -1.2% | £639pcm |
| April 2009 | -3.9% | £647pcm |
| April 2008 | 0.6% | £674pcm |
| April 2007 | 0% | £670pcm |
Explore Propertiesin NE16 4LW, Well Close Walk, Whickham, Newcastle Upon Tyne, NE16
- 1, Well Close Walk, Newcastle Upon Tyne, NE16 4LW2 bed mid-century house
- 2, Well Close Walk, Newcastle Upon Tyne, NE16 4LW
- 3, Well Close Walk, Newcastle Upon Tyne, NE16 4LW2 bed early-century house
- 4, Well Close Walk, Newcastle Upon Tyne, NE16 4LW3 bed mid-century house
- 5, Well Close Walk, Newcastle Upon Tyne, NE16 4LW
- 6, Well Close Walk, Newcastle Upon Tyne, NE16 4LW3 bed mid-century house
- 7, Well Close Walk, Newcastle Upon Tyne, NE16 4LW3 bed mid-century house
- 8, Well Close Walk, Newcastle Upon Tyne, NE16 4LW3 bed mid-century house
- 9, Well Close Walk, Newcastle Upon Tyne, NE16 4LW
- 10, Well Close Walk, Newcastle Upon Tyne, NE16 4LW
- 11, Well Close Walk, Newcastle Upon Tyne, NE16 4LW
- 13, Well Close Walk, Newcastle Upon Tyne, NE16 4LW
Sales Historyin NE16 4LW
The last sale was on 14th June 2022 for £162,500 and since then the market in the area has increased by 6.7%. The postcode has had a total of 4 sales since 1995.
NE16 4LW has seen no sales in the last three years and no sales in the last twelve months.
Sold Jun 2022£162,500 | 3 Bed HouseWell Close Walk8, Well Close Walk, Newcastle Upon Tyne, NE16 4LW
Sold Jan 2022£154,000 | 3 Bed HouseWell Close Walk4, Well Close Walk, Newcastle Upon Tyne, NE16 4LW
Sold Jul 2013£107,000 | 3 Bed HouseWell Close Walk7, Well Close Walk, Newcastle Upon Tyne, NE16 4LW
Sold Aug 1997£52,500 | 3 Bed HouseWell Close Walk10, Well Close Walk, Newcastle Upon Tyne, NE16 4LW
Nearby Postcodesto NE16 4LW
NE16 4LW is the 312th largest and the 269th most expensive postcode out of the 720 postcodes in the NE16 area.
- 59 mNE16 4LN, Newfield Walk, Whickham, Newcastle Upon Tyne, NE16NE16 4LN11 Addresses
- 60 mNE16 4LP, Lowfield Walk, Whickham, Newcastle Upon Tyne, NE16NE16 4LP15 Addresses
- 99 mNE16 4LL, Allerdene Walk, Whickham, Newcastle Upon Tyne, NE16NE16 4LL42 Addresses
- 114 mNE16 4LR, Lavender Road, Whickham, Newcastle Upon Tyne, NE16NE16 4LR10 Addresses
- 141 mNE16 4NQ, Kestrel Mews, Whickham, Newcastle Upon Tyne, NE16NE16 4NQ20 Addresses
- 148 mNE16 4LE, Larkspur Road, Whickham, Newcastle Upon Tyne, NE16NE16 4LE21 Addresses
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Property Typesin NE16 4LW
- 5 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 6 other addresses of unknown type
- mid-century house (5)
- early-century house (1)
- Unknown (6)
Energy Efficiencyof properties in NE16 4LW
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (4)
- No EPC (6)
Top 3 Most Expensive Saleson Well Close Walk
- Sold Jun 2022£162,500 | 3 Bed HouseWell Close Walk8, Well Close Walk, Newcastle Upon Tyne, NE16 4LW
- Sold Jan 2022£154,000 | 3 Bed HouseWell Close Walk4, Well Close Walk, Newcastle Upon Tyne, NE16 4LW
- Sold Jul 2013£107,000 | 3 Bed HouseWell Close Walk7, Well Close Walk, Newcastle Upon Tyne, NE16 4LW
Schools Nearbyto NE16 4LW
The nearest primary school to NE16 4LW is Front Street Community Primary School which is 468 metres away.
- 468mFront Street Community Primary School
- 621mFellside Community Primary School
- 890mSt Mary's Catholic Primary School, Whickham
The nearest secondary school is Whickham School which is 342 metres away.
- 342mWhickham School
- 2.0kmKingsmeadow Community School
- 3.3kmSt Thomas More Catholic School, Blaydon
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Public Transport Nearbyto NE16 4LW
The closest station to NE16 4LW is MetroCentre station which is 2.0 kilometres away.
- 2.0kmMetroCentre
- 2.7kmDunston
- 3.2kmBlaydon
- 5.0kmNewcastle
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