Analysis of recent property sales -- official HM Land Registry data
The average house price in NE24 (NE24 1AB) is £129,381, based on 35 transactions recorded by HM Land Registry. The median price is £105,500, giving a price range from £32,000 to £580,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-23 | £86,500 | T | 87.0 m² |
| 2026-01-23 | £143,000 | T | 68.0 m² |
| 2026-01-12 | £230,000 | T | 228.0 m² |
| 2026-01-06 | £95,000 | S | 73.0 m² |
| 2025-12-18 | £85,000 | T | 97.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: NE24
NE24 recorded 35 residential sales in the twelve-month window, enough to ground the median but not so many that property-type or street-level differences wash out. Individual sales ranged from £32k to £580k, which is a normal spread for a postcode of this size.
The local market is dominated by terraced houses, which made up 74% of all sales in the sample. A terraced-house majority usually reflects Victorian or Edwardian stock — long runs of three- or four-storey houses that rarely come to market vacant.
The NE24 1AB 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 20.5%, based on ONS regional rents.