Local market reports › NE area › NE38 › NE38 9
Town Centre market report NE38 9, Washington
The NE38 9 (Town Centre) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 2,066 HM Land Registry entries for NE38 9 (Washington), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the 2026 median for NE38 9 (Washington) is £206,200, from 24 registered sales, down 2% on five years earlier; the mean is £253,200, and by floor area homes here have averaged about £2,160 per square metre over the last five years. Behind the figures sit 2,066 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
A postcode sector like NE38 9 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 9 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.
What NE38 9 homes really sell for
24 sales were registered in NE38 9 in 2026, and the middle one of them, the median, went for £206,200. The mean works out at £253,200, well clear of it: the mark of a market where a small number of costly homes drag the average upwards.
Price per square metre in NE38 9
Measured by floor area, the last five years of NE38 9 sales average about £2,160 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
For scale: the England and Wales median is £285,000, so NE38 9 trades 28% below the country as a whole.
The price of a typical NE38 9 home, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £206,200 | £206,200 | 24 |
| 2025 | £255,000 | £261,098 | 65 |
| 2024 | £242,500 | £257,827 | 40 |
| 2023 | £158,000 | £173,603 | 45 |
| 2022 | £202,500 | £237,454 | 58 |
| 2021 | £210,000 | £265,887 | 75 |
| 2020 | £199,500 | £258,855 | 52 |
| 2019 | £182,000 | £238,558 | 66 |
| 2018 | £186,500 | £248,608 | 54 |
| 2017 | £207,500 | £283,009 | 46 |
| 2016 | £175,000 | £244,827 | 65 |
| 2015 | £148,000 | £209,124 | 63 |
| 2014 | £179,000 | £253,943 | 59 |
| 2013 | £190,000 | £273,391 | 45 |
| 2012 | £164,500 | £242,123 | 44 |
| 2011 | £182,500 | £275,505 | 48 |
| 2010 | £161,200 | £252,803 | 40 |
| 2009 | £152,000 | £244,341 | 46 |
| 2008 | £124,700 | £204,410 | 40 |
| 2007 | £132,000 | £223,909 | 97 |
| 2006 | £163,200 | £283,294 | 80 |
| 2005 | £115,000 | £204,654 | 68 |
| 2004 | £145,000 | £263,348 | 81 |
| 2003 | £206,000 | £379,502 | 92 |
| 2002 | £170,000 | £319,854 | 127 |
| 2001 | £136,500 | £262,414 | 116 |
| 2000 | £75,000 | £147,188 | 77 |
| 1999 | £60,000 | £119,577 | 81 |
| 1998 | £59,500 | £120,105 | 70 |
| 1997 | £73,000 | £149,708 | 67 |
| 1996 | £69,800 | £147,205 | 74 |
| 1995 | £47,000 | £102,171 | 61 |
In cash terms the typical NE38 9 home went from £47,000 in 1995 to £206,200 in 2026, roughly 4 times the price. Adjusted for inflation it still comes to a real rise of roughly 102%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2003; the current median sits about 46% below that. Someone who bought at the 2003 peak has not yet seen that price back in real terms.
Year-on-year change in the NE38 9 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 2001 (+82.0% on the year before); the weakest, 2004 (−29.6%). 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) | −19.1% | −21.0% |
| 5 years (since 2021) | −0.4% | −5.0% |
| 10 years (since 2016) | +1.7% | −1.7% |
| 20 years (since 2006) | +1.2% | −1.6% |
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.
Sales activity in NE38 9
How many homes change hands
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 9 recorded 24 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 92 sales a year before the financial crisis and 46 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.
The rental side of NE38 9
The local authority for NE38 9 is Sunderland, and its ONS average private rent currently stands at £701 a month (May 2026 figures). 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 £206,200 median purchase price, a rent of £701 a month (£8,412 a year) works out at a 4.1% 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.
What kind of market NE38 9 is
Only 24 sales completed here in the last twelve months of data, which makes NE38 9 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. Within NE38, this sector trades 29% above the district median: one of the dearer corners of its district.
Asked and answered: NE38 9 (Town Centre)
Are property prices falling in NE38 9 (Town Centre)?
Is NE38 9 (Town Centre) a good place to buy a house?
How much did a house sell for in NE38 9 (Town Centre)?
Where do NE38 9 prices go next?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is roughly flat over five years in cash but down 22% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
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 9: 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 →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
The price of an extra bedroom in NE
What homes of each size actually sold for across the NE area, 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%) | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. 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
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of NE38, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NE38 0 | £135,000 | 37 |
| NE38 7 | £140,000 | 31 |
| NE38 8 | £210,000 | 42 |
Zoom out to the full NE38 district report for the type split, monthly volumes and how NE38 compares with its neighbours.
Selling in NE38 9? Start from the sold record
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in NE38 9, use the average prices map for a rough value: zoom from NE38 9's shading down to the sold homes on your own street. The figures above are every recorded NE38 9 sale; agents price with this same Land Registry record, and now you have it too.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim NE38 9.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NE38 9. Free, with a one click sign in.
Two maps carry on from here: every NE38 9 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.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.