Analysis of recent property sales -- official HM Land Registry data
The average house price in NE48 (NE48 1AA) is £278,650, based on 30 transactions recorded by HM Land Registry. The median price is £200,000, giving a price range from £86,000 to £1,150,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2025-12-19 | £367,500 | D | 62.0 m² |
| 2025-12-19 | £86,000 | T | 61.0 m² |
| 2025-12-18 | £190,000 | S | 90.0 m² |
| 2025-12-12 | £237,500 | S | — |
| 2025-12-12 | £250,000 | D | 86.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: NE48
NE48 recorded 30 residential sales in the twelve-month window, enough to ground the median but not so many that property-type or street-level differences wash out.
No single property type dominates — detached houses led with 40% but the mix is diverse, while terraced houses accounted for 37%.
The twelve-month trend is softer than it was: the median in the second half of the window was 15.8% below the first-half median. Monthly volume was fairly consistent, giving the trend line a reliable shape.
For buyers and sellers in NE48 1AA, 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 10.8%, based on ONS regional rents.