Oakfield Road - NE16 5QU
Key Postcode Insights
NE16 5QU is a residential postcode situated on Oakfield Road, Whickham, Newcastle Upon Tyne, NE16 with 20 addresses.
It ranks as the 518th largest and 386th most expensive of the 720 postcodes in the NE16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 20 properties: 19 houses and 1 flat.
- Ave. Sale Price
- £235,935
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £1,266pcm
- 10 Year change
- up 50.3%
- Ave. £ per ft²
- £235/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
NE16 5QU is a residential postcode situated on Oakfield Road, Whickham, Newcastle Upon Tyne, NE16 with 20 addresses.
It ranks as the 518th largest and 386th most expensive of the 720 postcodes in the NE16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 20 properties: 19 houses and 1 flat.
- Ave. Sale Price
- £235,935
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £1,266pcm
- 10 Year change
- up 50.3%
- Ave. £ per ft²
- £235/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin NE16 5QU
- 87 Oakfield Road
House
- 89 Oakfield Road
4 Bed Mid-century House
- 91 Oakfield Road
House
- 93 Oakfield Road
3 Bed Mid-century House
- 95 Oakfield Road
House
Sales Market Trends
The last sale in NE16 5QU sold for £255,000 on 1st July 2022. Since then prices are up an average of 7.3%.
The current average value in the postcode is £235,935.
The NE16 5QU Sales Market has increased by 28.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £235,935 |
| June 2025 | -2.6% | £235,731 |
| June 2024 | 4.4% | £241,904 |
| June 2023 | 4.9% | £231,638 |
| June 2022 | 5.1% | £220,757 |
| June 2021 | 3.9% | £209,972 |
| June 2020 | 2.4% | £202,108 |
| June 2019 | 1% | £197,434 |
| June 2018 | 2.5% | £195,450 |
| June 2017 | 4.2% | £190,731 |
| June 2016 | 0.8% | £182,987 |
| June 2015 | 0.2% | £181,501 |
| June 2014 | 4.5% | £181,067 |
| June 2013 | -1.2% | £173,212 |
| June 2012 | 0.5% | £175,303 |
| June 2011 | -1.4% | £174,501 |
| June 2010 | 3% | £176,985 |
| June 2009 | -5.4% | £171,817 |
| June 2008 | -4.8% | £181,642 |
| June 2007 | 0% | £190,779 |
Rental Market Trends
The current average rental value in the postcode is £1,266.
The NE16 5QU Rental Market has increased by 50.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,266pcm |
| June 2025 | 3% | £1,243pcm |
| June 2024 | 7.2% | £1,207pcm |
| June 2023 | 12.1% | £1,125pcm |
| June 2022 | 9.5% | £1,004pcm |
| June 2021 | 2.6% | £917pcm |
| June 2020 | 2.2% | £894pcm |
| June 2019 | 1.9% | £875pcm |
| June 2018 | 1% | £859pcm |
| June 2017 | 1% | £850pcm |
| June 2016 | 1% | £842pcm |
| June 2015 | 2.6% | £834pcm |
| June 2014 | 1.5% | £813pcm |
| June 2013 | 1% | £801pcm |
| June 2012 | 0.6% | £792pcm |
| June 2011 | 0.6% | £788pcm |
| June 2010 | 2.8% | £783pcm |
| June 2009 | -3.1% | £762pcm |
| June 2008 | -0.8% | £786pcm |
| June 2007 | 0% | £792pcm |
Sales History
The last sale was on 1st July 2022 for £255,000 and since then the market in the area has increased by 7.3%. The postcode has had a total of 10 sales since 1995.
NE16 5QU has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jul 2022£255,000 | 4 Bed House89, Oakfield Road, Newcastle Upon Tyne, NE16 5QU89, Oakfield Road, Newcastle Upon Tyne, NE16 5QU
- Sold Mar 2020£197,000 | 3 Bed House113, Oakfield Road, Newcastle Upon Tyne, NE16 5QU113, Oakfield Road, Newcastle Upon Tyne, NE16 5QU
- Sold Jan 2013£200,000 | 4 Bed House101, Oakfield Road, Newcastle Upon Tyne, NE16 5QU101, Oakfield Road, Newcastle Upon Tyne, NE16 5QU
- Sold Dec 2010£165,000 | 3 Bed House93, Oakfield Road, Newcastle Upon Tyne, NE16 5QU93, Oakfield Road, Newcastle Upon Tyne, NE16 5QU
- Sold Mar 2007£173,000 | 3 Bed Flat97, Oakfield Road, Newcastle Upon Tyne, NE16 5QU97, Oakfield Road, Newcastle Upon Tyne, NE16 5QU
Nearby Postcodes
NE16 5QU is the 518th largest and the 386th most expensive postcode out of the 720 postcodes in the NE16 area.
- NE16 5QY, Hollinside Close, Whickham, Newcastle Upon Tyne, NE16NE16 5QY17 Addresses|61 m away
- NE16 5QX, Dissington Place, Whickham, Newcastle Upon Tyne, NE16NE16 5QX10 Addresses|65 m away
- NE16 5RT, Chatsworth Place, Whickham, Newcastle Upon Tyne, NE16NE16 5RT12 Addresses|84 m away
- NE16 5RU, Northcote, Whickham, Newcastle Upon Tyne, NE16NE16 5RU15 Addresses|98 m away
- NE16 5RY, Oakfield Road, Whickham, Newcastle Upon Tyne, NE16NE16 5RY10 Addresses|101 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 1 flat of an unknown age
- 12 other addresses of unknown type
- mid-century house (7)
- flat (1)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (6)
- No EPC (13)
Top 3 Most Expensive Sales
- Sold Oct 2023£360,000 | 3 Bed House48, Oakfield Road, Newcastle Upon Tyne, NE16 5HN48, Oakfield Road, Newcastle Upon Tyne, NE16 5HN
- Sold Nov 2020£340,000 | 4 Bed House34, Oakfield Road, Newcastle Upon Tyne, NE16 5HN34, Oakfield Road, Newcastle Upon Tyne, NE16 5HN
- Sold Oct 2021£301,000 | 3 Bed House12, Oakfield Road, Newcastle Upon Tyne, NE16 5HG12, Oakfield Road, Newcastle Upon Tyne, NE16 5HG
Schools Nearby
- Whickham Parochial Church of England Primary School300 m away
- Fellside Community Primary School400 m away
- Clover Hill Community Primary School500 m away
- Whickham School400 m away
- Kingsmeadow Community School2.5 km away
- St Thomas More Catholic School, Blaydon3.6 km away
More reading links
Public Transport Nearby
The closest station to NE16 5QU is MetroCentre station, which is 2.7 kilometres away.
- MetroCentre|2.7 km away
- Dunston|3.2 km away
- Blaydon|3.7 km away
- Newcastle|5.6 km away
