Analysis of recent property sales -- official HM Land Registry data
The average house price in NE61 (NE61 1AA) is £311,903, based on 360 transactions recorded by HM Land Registry. The median price is £234,000, giving a price range from £6,950 to £8,234,100.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-23 | £300,000 | T | 129.0 m² |
| 2026-01-23 | £320,000 | D | — |
| 2026-01-23 | £69,000 | F | 53.0 m² |
| 2026-01-22 | £275,000 | D | — |
| 2026-01-12 | £32,501 | T | 71.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: NE61
Turnover in NE61 has been high, with 360 residential sales logged by HM Land Registry in the last twelve months — enough volume that the median figure is reasonably representative.
No single property type dominates — detached houses led with 34% but the mix is diverse, while terraced houses accounted for 24% and semi-detached houses accounted for 32%.
The twelve-month trend is upward: comparing the first half of the window with the second, the median shifted by roughly +11.8%. Monthly volume was fairly consistent, giving the trend line a reliable shape.
For buyers and sellers in NE61 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 9.2%, based on ONS regional rents.