House Prices in NE38 House Prices in NE38 (Washington)

The average house price in NE38 (Washington) is £167,916 using HM Land Registry data.

The average property price increased by £11,083 (45.22%) over the last 5 years and increased by £2,215 (6.04%) over the last 12 months.

Over the last year, there were 262 residential property sales – a decrease of 8 transactions (-3.05%) relative to the previous year. The majority of house sales (73) were in the £132,000 - £194,000 range. Then came properties in the £70,000 - £132,000 range, where 64 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 48 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,330 (-2%).

In May 2025, there were 39 new estate agency instructions, 42 agreed home sales and 17 property price reductions.

5-Year Average Property Prices in NE38 (Washington)

45.22%

Property prices in NE38 (Washington) increased by 45.22% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NE38 (Washington) Over the Last Year

6.04%

Property prices in NE38 (Washington) increased by 6.04% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for NE38 (Washington) - May 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NE38 (Washington)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NE38 (Washington)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NE38 (Washington)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NE38 (Washington) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE38 postcode area since 1995.

Recent Sales in NE38 (Washington)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Rothley, Washington, Tyne And Wear, NE38 8SF£339,950£327,500-£12,45026 Oct 202413 Feb 2025110 Days
69 Bede Crescent, Washington, Tyne And Wear, NE38 7HZ£165,000£165,000£012 Sep 202412 Feb 2025153 Days
11 Lintfort, Picktree, Washington, County Durham, NE38 9HX£300,000£270,000-£30,00002 Sep 202410 Feb 2025161 Days
100 Fountains Close, Washington, Tyne And Wear, NE38 7TF£149,950£147,500-£2,45021 Sep 202407 Feb 2025139 Days
32 Lapwing Close, Washington, Tyne And Wear, NE38 0ET£125,000£125,000£001 Nov 202403 Feb 202594 Days
18 Monkside Close, Washington, Tyne And Wear, NE38 0QB£185,000£180,000-£5,00017 Sep 202431 Jan 2025136 Days
8 Breamish Drive, Washington, Tyne And Wear, NE38 9HS£445,000£440,000-£5,00010 Jul 202431 Jan 2025205 Days
18 Duxbury Park, Washington, Tyne And Wear, NE38 8BJ£450,000£440,000-£10,00013 Aug 202422 Jan 2025162 Days
8 Vigo Lane, Harraton, Washington, Tyne And Wear, NE38 9AH£175,000£175,000£013 Aug 202417 Jan 2025157 Days
1 Rignall, Washington, Tyne And Wear, NE38 8TG£350,000£340,000-£10,00004 Jun 202417 Dec 2024196 Days
11 Model Dwellings, Washington, Tyne And Wear, NE38 7AS£80,000£75,000-£5,00025 Apr 202416 Dec 2024235 Days
68 Lanercost, Washington, Tyne And Wear, NE38 7QA£120,000£117,500-£2,50010 Sep 202412 Dec 202493 Days
26 Hogarth Drive, Washington, Tyne And Wear, NE38 7LB£125,000£125,000£016 Jul 202411 Dec 2024148 Days
21 Crighton, Washington, Tyne And Wear, NE38 0LB£120,000£120,000£012 Aug 202406 Dec 2024116 Days
9 Broadmeadows, Washington, Tyne And Wear, NE38 8RQ£125,000£125,000£008 Aug 202404 Dec 2024118 Days
2 Spartylea, Washington, Tyne And Wear, NE38 8PB£345,000£338,000-£7,00010 Aug 202429 Nov 2024111 Days
39 Thornbridge, Washington, Tyne And Wear, NE38 8TH£165,000£162,000-£3,00024 Aug 202429 Nov 202497 Days
19 Cuillin Close, Lambton, Washington, Tyne And Wear, NE38 0PU£130,000£130,000£013 May 202426 Nov 2024197 Days
22 Howardian Close, Washington, Tyne And Wear, NE38 0PX£100,000£100,000£011 Sep 202422 Nov 202472 Days
5 Greenhead, Washington, Tyne And Wear, NE38 0NN£150,000£146,000-£4,00006 Jun 202418 Nov 2024165 Days

Most Expensive Streets in NE38 (Washington)

PostcodeStreetAreaAverageNo. of Sales
NE38 9HHPicktree Lane, PicktreeWashington£1,041,2504
NE38 9DBBramhall DriveWashington£633,7504
NE38 9DFShrigley CloseWashington£624,6663
NE38 9DEBramhall DriveWashington£599,8577
NE38 7NWWhitby Drive, BiddickWashington£535,0004
NE38 8BJDuxbury ParkWashington£494,8005
NE38 9BNThe Generals Wood, HarratonWashington£442,5004
NE38 8BPFatfield Park, FatfieldWashington£440,30015
NE38 8AHSouth View, FatfieldWashington£424,0505
NE38 8FDDovestone CloseWashington£416,1663

Least Expensive Streets in NE38 (Washington)

PostcodeStreetAreaAverageNo. of Sales
NE38 9ETRickleton Village CentreWashington£45,7753
NE38 8NJSherringham House, Station RoadWashington£45,9805
NE38 0HZLumley Close, OxcloseWashington£57,8507
NE38 0HXLumley Close, OxcloseWashington£59,5005
NE38 0JHWitton Court, OxcloseWashington£62,3246
NE38 7LSGrasmere Gardens, ColumbiaWashington£63,3333
NE38 0JEDunstanburgh Close, OxcloseWashington£69,5003
NE38 7DDWillows Close, ColumbiaWashington£70,0003
NE38 8EUWaskerley Road, BarmstonWashington£71,3333
NE38 8HTHorsley Road, BarmstonWashington£72,2504

Explore NE38 (Washington) using map

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