Analysis of recent property sales -- official HM Land Registry data
The average house price in NE42 (NE42 2EP) is £199,354, based on 104 transactions recorded by HM Land Registry. The median price is £171,750, 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 |
| 2025-12-19 | £135,000 | S | 83.0 m² |
| 2025-12-19 | £130,000 | S | 60.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: NE42
With 104 recorded transactions in twelve months, NE42 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 37% but the mix is diverse, while terraced houses accounted for 34% and detached houses accounted for 20%.
The twelve-month trend is upward: comparing the first half of the window with the second, the median shifted by roughly +20.4%. Monthly volume was fairly consistent, giving the trend line a reliable shape.
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 12.6%, based on ONS regional rents.