Analysis of recent property sales -- official HM Land Registry data
The average house price in NE42 (NE42 2EP) is £198,618, based on 24 transactions recorded by HM Land Registry. The median price is £176,500, giving a price range from £5,639 to £690,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-21 | £70,000 | T | 94.0 m² |
| 2026-01-15 | £105,000 | T | 95.0 m² |
| 2025-12-19 | £300,000 | D | 138.0 m² |
| 2025-12-18 | £112,000 | T | 110.0 m² |
| 2025-12-12 | £174,000 | S | 84.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: NE42
Prices in NE42 span a notably wide range, from £6k at the lower end to £690k at the top of the 24-sale sample — a signal that the local housing stock is mixed rather than homogeneous.
No single property type dominates — semi-detached houses led with 38% but the mix is diverse, while terraced houses accounted for 21% and detached houses accounted for 21%.
For buyers and sellers in NE42 2EP, 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 12.2%, based on ONS regional rents.