Analysis of recent property sales -- official HM Land Registry data
The average house price in NE31 (NE31 1AA) is £175,212, based on 217 transactions recorded by HM Land Registry. The median price is £160,000, giving a price range from £45,000 to £460,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-23 | £120,000 | T | 79.0 m² |
| 2026-01-16 | £96,500 | F | 58.0 m² |
| 2026-01-16 | £165,000 | S | 68.0 m² |
| 2026-01-16 | £150,000 | S | 84.0 m² |
| 2026-01-12 | £100,000 | F | 56.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: NE31
Turnover in NE31 has been high, with 217 residential sales logged by HM Land Registry in the last twelve months — enough volume that the median figure is reasonably representative. Individual sales ranged from £45k to £460k, which is a normal spread for a postcode of this size.
No single property type dominates — semi-detached houses led with 34% but the mix is diverse, while terraced houses accounted for 33% and detached houses accounted for 18%.
The twelve-month trend is softer than it was: the median in the second half of the window was 14.2% below the first-half median. Monthly volume was fairly consistent, giving the trend line a reliable shape.
Liquidity in NE31 1AA is healthy: the high sale count makes it easier to benchmark a specific property against genuinely recent comparables rather than extrapolating from older deals. On the rental side, the estimated gross yield on a median-priced property here is around 13.5%, based on ONS regional rents.