NE16 5RA is a residential postcode situated on Broadway, Whickham, Newcastle Upon Tyne, NE16 with 4 addresses.
It ranks as the 101st largest and 506th 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 4 properties: 4 houses.
NE16 5RA is a residential postcode situated on Broadway, Whickham, Newcastle Upon Tyne, NE16 with 4 addresses.
It ranks as the 101st largest and 506th 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 4 properties: 4 houses.
Sale prices range from £258,593 for 3 bedroom freehold houses with a garden (1,065 ft2) to £352,055 for 4 bedroom freehold houses with a garden (1,905 ft2) .
Monthly rental prices range from £1,372 pcm for 3 bed houses to £1,623 pcm for 4 bed houses.
The gross rental yield is between 5.5% and 6.4%.
The average value per square foot is £227.
The last sale in NE16 5RA sold for £234,000 on 30th April 2021. Since then prices are up an average of 11.0%.
The current average value in the postcode is £293,664.
The NE16 5RA Sales Market has increased by 30.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.7% | £293,664 |
| April 2025 | -2.5% | £295,655 |
| April 2024 | 3.2% | £303,229 |
| April 2023 | 7.1% | £293,850 |
| April 2022 | 3.7% | £274,317 |
| April 2021 | 5.7% | £264,512 |
| April 2020 | 3.2% | £250,347 |
| April 2019 | 0.8% | £242,505 |
| April 2018 | 5.5% | £240,530 |
| April 2017 | 1.3% | £227,990 |
| April 2016 | 2.5% | £225,024 |
| April 2015 | 0.7% | £219,522 |
| April 2014 | 4.1% | £218,076 |
| April 2013 | 2.7% | £209,509 |
| April 2012 | -1.3% | £204,045 |
| April 2011 | -0.2% | £206,800 |
| April 2010 | 1% | £207,185 |
| April 2009 | -6% | £205,131 |
| April 2008 | -1% | £218,270 |
| April 2007 | 0% | £220,414 |
The current average rental value in the postcode is £1,448.
The NE16 5RA Rental Market has increased by 58.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £1,448pcm |
| April 2025 | 5.7% | £1,402pcm |
| April 2024 | 6% | £1,327pcm |
| April 2023 | 13.2% | £1,251pcm |
| April 2022 | 10.1% | £1,106pcm |
| April 2021 | 3.2% | £1,005pcm |
| April 2020 | 1% | £973pcm |
| April 2019 | 2.6% | £964pcm |
| April 2018 | 1.8% | £939pcm |
| April 2017 | 0.7% | £922pcm |
| April 2016 | 1.6% | £916pcm |
| April 2015 | 2% | £902pcm |
| April 2014 | 1.8% | £885pcm |
| April 2013 | 3.1% | £869pcm |
| April 2012 | 0.2% | £843pcm |
| April 2011 | 1.9% | £841pcm |
| April 2010 | 0.7% | £825pcm |
| April 2009 | -1.9% | £819pcm |
| April 2008 | 1.7% | £835pcm |
| April 2007 | 0% | £821pcm |
The last sale was on 30th April 2021 for £234,000 and since then the market in the area has increased by 11.0%. The postcode has had a total of 2 sales since 1995.
NE16 5RA has seen no sales in the last three years and no sales in the last twelve months.
NE16 5RA is the 101st largest and the 506th most expensive postcode out of the 720 postcodes in the NE16 area.
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The closest station to NE16 5RA is MetroCentre station which is 3.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around NE16 5RA, 82.8% of property is privately owned outright and 13.8% is privately owned with a mortgage.
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 5RA, 4.5% of residents are recorded as possessing school level qualifications and 26.0% 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 5RA, 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 5RA, 0.0% 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 5RA, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.