Local market reports › NE area › NE38 › NE38 8
Town Centre market report NE38 8, Washington
The NE38 8 (Town Centre) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 3,540 registered sales in NE38 8 (Washington) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the middle 2026 sale in NE38 8 (Washington) came in at £210,000, out of 42 registered, up 10% on five years earlier, and the mean stands at £220,500, and by floor area homes here have averaged about £2,110 per square metre over the last five years. The record behind it is 3,540 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
A postcode sector like NE38 8 is a single group of streets within NE38 (Washington), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where NE38 8 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.
The going rate for a home in NE38 8
The 2026 median for NE38 8 is £210,000, taken from 42 registered sales. The mean, which is what most sites call the "average house price", is £220,500, nearly identical to it, meaning sales cluster closely around the typical figure.
House prices per square metre in NE38 8
Averaged across five years of sales, floor space in NE38 8 costs about £2,110 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
Against a national (England and Wales) median of £285,000, NE38 8 runs 26% below it.
A typical NE38 8 home, priced year by year (1995 to 2026)
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £210,000 | £210,000 | 42 |
| 2025 | £198,000 | £202,735 | 117 |
| 2024 | £198,800 | £211,365 | 94 |
| 2023 | £225,000 | £247,220 | 79 |
| 2022 | £190,000 | £222,797 | 79 |
| 2021 | £191,500 | £242,464 | 126 |
| 2020 | £210,000 | £272,479 | 111 |
| 2019 | £200,000 | £262,152 | 112 |
| 2018 | £184,000 | £245,275 | 122 |
| 2017 | £188,000 | £256,413 | 166 |
| 2016 | £196,500 | £274,905 | 162 |
| 2015 | £177,500 | £250,808 | 137 |
| 2014 | £177,500 | £251,815 | 146 |
| 2013 | £190,000 | £273,391 | 129 |
| 2012 | £176,900 | £260,375 | 107 |
| 2011 | £170,000 | £256,635 | 65 |
| 2010 | £180,000 | £282,286 | 53 |
| 2009 | £125,000 | £200,939 | 41 |
| 2008 | £120,000 | £196,705 | 41 |
| 2007 | £150,000 | £254,442 | 157 |
| 2006 | £112,500 | £195,286 | 127 |
| 2005 | £100,500 | £178,849 | 94 |
| 2004 | £100,000 | £181,620 | 161 |
| 2003 | £140,000 | £257,914 | 187 |
| 2002 | £128,200 | £241,207 | 176 |
| 2001 | £78,000 | £149,951 | 103 |
| 2000 | £63,000 | £123,638 | 107 |
| 1999 | £58,700 | £116,986 | 110 |
| 1998 | £71,000 | £143,319 | 106 |
| 1997 | £61,500 | £126,124 | 100 |
| 1996 | £59,700 | £125,905 | 96 |
| 1995 | £61,000 | £132,605 | 87 |
In cash terms the typical NE38 8 home went from £61,000 in 1995 to £210,000 in 2026, roughly 3.4 times the price. Adjusted for inflation it still comes to a real rise of roughly 58%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2010; the current median sits about 26% below that. Someone who bought at the 2010 peak has not yet seen that price back in real terms.
Year-on-year change in the NE38 8 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 2002 (+64.4% on the year before); the weakest, 2004 (−28.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +6.1% | +3.6% |
| 5 years (since 2021) | +1.9% | −2.8% |
| 10 years (since 2016) | +0.7% | −2.7% |
| 20 years (since 2006) | +3.2% | +0.4% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Sales activity in NE38 8
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
NE38 8 recorded 42 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 139 sales a year before the financial crisis and 82 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
How NE38 8 trades
This is a thin market: 42 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. Against the NE38 district median, NE38 8 sits 31% higher, marking it as a dearer pocket of the district.
The rental side of NE38 8
NE38 8 falls under Sunderland, where the ONS puts the average private rent at £701 a month (May 2026 figures). The spread runs from £519 a month for a typical one-bed to £1,073 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Sunderland
ONS Price Index of Private Rents, May 2026.
£701 a month is £8,412 a year, which against the £210,000 median sold price makes a gross yield of 4.0%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
What people ask about NE38 8 (Town Centre)
How much did a house sell for in NE38 8 (Town Centre)?
Are property prices falling in NE38 8 (Town Centre)?
Is NE38 8 (Town Centre) a good place to buy a house?
What happens to NE38 8 prices now?
Prediction is not this page's business. Its business is the record, which says: the median is up 10% over five years in cash but down 13% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
On the market in NE38 today
This is what you could actually buy today: 20 homes currently on the market from 4 agents publishing to HomesIndex.
These cover the whole NE38 district, not just NE38 8: 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" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
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
The Land Registry record, split by size: what each kind of home actually sold for across the NE area. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| 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%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the NE area is the point: the same five years treated these districts very differently.
Five-year change in the median, NE area districts
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in NE38
A few minutes' walk can separate two very different markets. Here are NE38's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NE38 0 | £135,000 | 37 |
| NE38 7 | £140,000 | 31 |
| 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.
Selling in NE38 8? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NE38 8, open the average prices map and zoom from the NE38 8 shading down to the sold homes on your own street. Every recorded NE38 8 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working NE38 8: the featured spot on this report is free for founding agents, one per district. Claim NE38 8.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NE38 8. Free, with a one click sign in.
Two maps carry on from here: every NE38 8 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices 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.