Analysis of recent property sales -- official HM Land Registry data
The average house price in NE23 (NE23 1AE) is £183,328, based on 19 transactions recorded by HM Land Registry. The median price is £165,000, giving a price range from £57,500 to £328,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-09 | £180,000 | S | 90.0 m² |
| 2025-12-19 | £178,000 | T | 73.0 m² |
| 2025-12-19 | £125,000 | F | — |
| 2025-12-12 | £140,000 | T | 87.0 m² |
| 2025-12-10 | £250,000 | T | 100.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: NE23
NE23 has a twelve-month median sale price of £165k across 19 Land Registry transactions. Individual sales ranged from £58k to £328k, which is a normal spread for a postcode of this size.
Terraced houses were the most common transaction type, representing 53% of sales, while semi-detached houses accounted for 21% and detached houses accounted for 21%.
The NE23 1AE dataset is a reasonable baseline, but decisions at the individual-property level should still lean on matched comparables rather than the area median alone. On the rental side, the estimated gross yield on a median-priced property here is around 13.1%, based on ONS regional rents.