Analysis of recent property sales -- official HM Land Registry data
The average house price in NE3 (NE3 1AB) is £289,561, based on 391 transactions recorded by HM Land Registry. The median price is £237,500, giving a price range from £1,500 to £2,230,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-23 | £315,000 | S | 94.0 m² |
| 2026-01-23 | £395,000 | T | 76.0 m² |
| 2026-01-21 | £320,000 | F | 111.0 m² |
| 2026-01-16 | £290,000 | F | 83.0 m² |
| 2026-01-16 | £360,000 | T | 115.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: NE3
With 391 recorded transactions in twelve months, NE3 is one of the more liquid postcodes in the sample — individual outliers have less pull on the median figure than they would elsewhere.
No single property type dominates — semi-detached houses led with 35% but the mix is diverse, while terraced houses accounted for 32% and flats accounted for 25%.
The twelve-month trend is upward: comparing the first half of the window with the second, the median shifted by roughly +12.2%. Monthly volume was fairly consistent, giving the trend line a reliable shape.
For buyers and sellers in NE3 1AB, the wide dispersion means averages are a weak guide — comparable sales matched on property type, floor area and condition will produce a far tighter estimate. On the rental side, the estimated gross yield on a median-priced property here is around 9.1%, based on ONS regional rents.