Local market reports › NE area › NE38 › NE38 7
Town Centre market report NE38 7, Washington
The standing NE38 7 (Town Centre) property market report, rebuilt from the full public record every month. Every figure on this page comes from the public record: 3,488 sales registered with HM Land Registry in NE38 7 (Washington) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: a typical NE38 7 (Washington) home changed hands for £140,000 in 2026 (median of 31 registered sales, up 5% on five years earlier), with the mean at £156,500, and by floor area homes here have averaged about £1,850 per square metre over the last five years. Source: 3,488 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
NE38 7 is a postcode sector: one group of streets inside NE38 (Washington). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where NE38 7 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
Today's NE38 7 prices, from the sold record
Across 31 registered 2026 sales, the typical (median) NE38 7 home went for £140,000. The mean is £156,500, a little above it, the familiar pattern where pricier homes stretch the average.
House prices per square metre in NE38 7
A square metre of NE38 7 home has cost about £1,850 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
Against a national (England and Wales) median of £285,000, NE38 7 runs 51% below it.
NE38 7's median sold price, 1995 to 2026
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £140,000 | £140,000 | 31 |
| 2025 | £175,000 | £179,185 | 81 |
| 2024 | £156,000 | £165,860 | 87 |
| 2023 | £157,500 | £173,054 | 83 |
| 2022 | £126,000 | £147,749 | 94 |
| 2021 | £133,800 | £169,408 | 94 |
| 2020 | £131,000 | £169,975 | 78 |
| 2019 | £140,000 | £183,506 | 124 |
| 2018 | £122,500 | £163,295 | 90 |
| 2017 | £117,500 | £160,258 | 116 |
| 2016 | £122,500 | £171,379 | 88 |
| 2015 | £128,000 | £180,864 | 118 |
| 2014 | £121,800 | £172,795 | 82 |
| 2013 | £118,000 | £169,790 | 81 |
| 2012 | £115,000 | £169,266 | 64 |
| 2011 | £120,000 | £181,154 | 86 |
| 2010 | £125,000 | £196,032 | 76 |
| 2009 | £135,000 | £217,014 | 83 |
| 2008 | £125,000 | £204,901 | 94 |
| 2007 | £131,700 | £223,400 | 154 |
| 2006 | £120,000 | £208,305 | 143 |
| 2005 | £109,500 | £194,866 | 133 |
| 2004 | £112,000 | £203,414 | 173 |
| 2003 | £91,500 | £168,565 | 177 |
| 2002 | £60,000 | £112,889 | 169 |
| 2001 | £59,000 | £113,424 | 147 |
| 2000 | £49,000 | £96,163 | 112 |
| 1999 | £42,000 | £83,704 | 135 |
| 1998 | £44,000 | £88,817 | 133 |
| 1997 | £42,800 | £87,774 | 120 |
| 1996 | £42,500 | £89,631 | 131 |
| 1995 | £40,000 | £86,954 | 111 |
In cash terms the typical NE38 7 home went from £40,000 in 1995 to £140,000 in 2026, roughly 3.5 times the price. Inflation explains only part of it: in today's money the rise is still about 61%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2007. The market now sits about 37% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NE38 7 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2003 (+52.5% on the year before); the weakest, 2026 (−20.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −20.0% | −21.9% |
| 5 years (since 2021) | +0.9% | −3.7% |
| 10 years (since 2016) | +1.3% | −2.0% |
| 20 years (since 2006) | +0.8% | −2.0% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
The turnover behind the prices
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The register shows 31 NE38 7 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 151 sales a year before the financial crisis and 75 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
What kind of market NE38 7 is
Only 31 sales completed here in the last twelve months of data, which makes NE38 7 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. Against the NE38 district median, NE38 7 sits 12% lower, marking it as a cheaper pocket of the district.
Rents around NE38 7
For renting purposes NE38 7 sits in Sunderland. The ONS average private rent there is £701 a month (May 2026). A one-bed averages £519 a month here and a four-or-more-bed £1,073, so size does most of the work in setting the rent.
Average monthly rent by size, Sunderland
ONS Price Index of Private Rents, May 2026.
Against the £140,000 median purchase price, a rent of £701 a month (£8,412 a year) works out at a 6.0% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Asked and answered: NE38 7 (Town Centre)
Are property prices falling in NE38 7 (Town Centre)?
Is NE38 7 (Town Centre) a good place to buy a house?
How much did a house sell for in NE38 7 (Town Centre)?
Will NE38 7 prices rise from here?
No honest page predicts prices, so this one sticks to the record: the median is up 5% over five years in cash but down 17% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
NE38's current homes for sale
Turning to what is actually available: 20 homes on the market right now, from 4 agents publishing to HomesIndex.
These cover the whole NE38 district, not just NE38 7: live asking prices are collected per district.
Of everything listed here, 37% asks less than the sold record of comparable homes. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Teal Farm Way, Washington, Tyne and W...
- Petteril, Washington, Tyne and Wear, ...
- Glenburn Close, Washington, Tyne and ...
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every NE38 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Moving up a bedroom in NE: the cost
Real sold prices by size across the NE area, straight from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £239,250 | £322,500 (+35%) | £498,100 (+54%) | £700,000 (+41%) |
| Semi-detached | £157,000 | £168,000 (+7%) | £216,000 (+29%) | £335,000 (+55%) | £521,000 (+56%) |
| Terraced | £127,500 | £136,000 (+7%) | £170,000 (+25%) | £282,250 (+66%) | £393,500 (+39%) |
| Flat | £95,000 | £127,980 (+35%) | £190,000 (+48%) | £340,000 (+79%) | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the NE area is the point: the same five years treated these districts very differently.
NE area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in NE38
Sector boundaries hide real price steps. The rest of NE38, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NE38 0 | £135,000 | 37 |
| NE38 8 | £210,000 | 42 |
| NE38 9 | £206,200 | 24 |
Zoom out to the full NE38 district report for the type split, monthly volumes and how NE38 compares with its neighbours.
Thinking of selling in NE38 7? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NE38 7, open the average prices map and zoom from the NE38 7 shading down to the sold homes on your own street. Every recorded NE38 7 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim NE38 7.
Take it further
Behind the answers sits the same Land Registry record as this page, with NE38 7 already set as the subject. Free, one click sign in.
See every individual NE38 7 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.