NE16 4TJ is a residential postcode situated on Market Lane, Whickham, Newcastle Upon Tyne, NE16 with 1 addresses.
It ranks as the 10th largest and 394th most expensive of the 720 postcodes in the NE16 area.
The postcode contains a total of 1 properties: 1 house.
NE16 4TJ is a residential postcode situated on Market Lane, Whickham, Newcastle Upon Tyne, NE16 with 1 addresses.
It ranks as the 10th largest and 394th most expensive of the 720 postcodes in the NE16 area.
The postcode contains a total of 1 properties: 1 house.
Sale prices range from £230,135 for 3 bedroom freehold houses with a garden (1,016 ft2) to £230,135 for 3 bedroom freehold houses with a garden (1,016 ft2) .
Monthly rental prices range from £1,338 pcm for 3 bed houses to £1,338 pcm for 3 bed houses.
The gross rental yield is between 7.0% and 7.0%.
The average value per square foot is £226.
The last sale in NE16 4TJ sold for £171,000 on 16th May 2014. Since then prices are up an average of 39.4%.
The current average value in the postcode is £230,135.
The NE16 4TJ Sales Market has increased by 37.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £230,135 |
| April 2025 | -0.4% | £226,021 |
| April 2024 | 2.3% | £227,039 |
| April 2023 | 5.1% | £221,955 |
| April 2022 | 7.3% | £211,124 |
| April 2021 | 6.6% | £196,702 |
| April 2020 | 3.7% | £184,565 |
| April 2019 | 0.1% | £178,051 |
| April 2018 | 4.7% | £177,911 |
| April 2017 | 1.2% | £169,944 |
| April 2016 | 1% | £167,902 |
| April 2015 | 1.1% | £166,273 |
| April 2014 | 4.9% | £164,436 |
| April 2013 | -0.4% | £156,696 |
| April 2012 | -2.4% | £157,308 |
| April 2011 | -2.8% | £161,147 |
| April 2010 | -1.8% | £165,844 |
| April 2009 | -10.3% | £168,868 |
| April 2008 | -1.9% | £188,271 |
| April 2007 | 0% | £191,962 |
The current average rental value in the postcode is £1,338.
The NE16 4TJ Rental Market has increased by 67.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.7% | £1,338pcm |
| April 2025 | 6.6% | £1,265pcm |
| April 2024 | 6.4% | £1,187pcm |
| April 2023 | 11.7% | £1,115pcm |
| April 2022 | 12.4% | £999pcm |
| April 2021 | 4.5% | £889pcm |
| April 2020 | 1.9% | £850pcm |
| April 2019 | 1.8% | £834pcm |
| April 2018 | 1.2% | £820pcm |
| April 2017 | 1% | £809pcm |
| April 2016 | -0.3% | £801pcm |
| April 2015 | 1.5% | £803pcm |
| April 2014 | 2.7% | £791pcm |
| April 2013 | 0.6% | £771pcm |
| April 2012 | -1% | £767pcm |
| April 2011 | -0.2% | £774pcm |
| April 2010 | -2.2% | £776pcm |
| April 2009 | -5.1% | £794pcm |
| April 2008 | 0.3% | £836pcm |
| April 2007 | 0% | £833pcm |
The last sale was on 16th May 2014 for £171,000 and since then the market in the area has increased by 39.4%. The postcode has had a total of 1 sales since 1995.
NE16 4TJ has seen no sales in the last three years and no sales in the last twelve months.
NE16 4TJ is the 10th largest and the 394th most expensive postcode out of the 720 postcodes in the NE16 area.
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The closest station to NE16 4TJ is MetroCentre station which is 900 metres away.
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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 4TJ, 35.5% of property is privately rented and 23.1% is socially rented.
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 4TJ, 10.6% of residents are recorded as possessing school level qualifications and 21.0% 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 4TJ, the average age was 43.5 and the most common age was 57.
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 4TJ, 0.4% 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 4TJ, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.