Analysis of recent property sales -- official HM Land Registry data
The average house price in NE38 (NE38 0AB) is £138,263, based on 19 transactions recorded by HM Land Registry. The median price is £128,000, giving a price range from £47,000 to £250,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-23 | £165,000 | S | 72.0 m² |
| 2026-01-06 | £169,000 | D | 110.0 m² |
| 2025-12-19 | £202,000 | S | 71.0 m² |
| 2025-12-05 | £102,000 | T | 64.0 m² |
| 2025-12-04 | £90,000 | T | 81.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: NE38
The median sale price in NE38 is £128k, drawn from 19 residential transactions in the last twelve months. Individual sales ranged from £47k to £250k, which is a normal spread for a postcode of this size.
No single property type dominates — semi-detached houses led with 42% but the mix is diverse, while terraced houses accounted for 42%.
The NE38 0AB 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 16.9%, based on ONS regional rents.