Local market reports › NE area › NE38
Town Centre market report NE38, Washington
The NE38 (Town Centre) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 13,115 HM Land Registry entries for NE38 (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 July 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the 2026 median for NE38 (Washington) is £160,000, from 134 registered sales, up 2% on five years earlier; the mean is £190,900, and by floor area homes here have averaged about £1,990 per square metre over the last five years. Behind the figures sit 13,115 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
NE38 is the postcode district covering Town Centre, Oxclose, Fatfield in Washington. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.
Where NE38 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 buyers actually paid in NE38
Take the 134 registered 2026 sales in NE38 and the middle price, the median, is £160,000. The mean lands at £190,900, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
House prices per square metre in NE38
Averaged across five years of sales, floor space in NE38 costs about £1,990 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.
For scale: the England and Wales median is £285,000, so NE38 trades 44% below the country as a whole.
NE38's median sold price, 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 | £160,000 | £160,000 | 134 |
| 2025 | £178,000 | £182,257 | 359 |
| 2024 | £160,000 | £170,113 | 295 |
| 2023 | £165,000 | £181,295 | 283 |
| 2022 | £149,200 | £174,954 | 352 |
| 2021 | £157,200 | £199,035 | 410 |
| 2020 | £157,500 | £204,360 | 312 |
| 2019 | £150,000 | £196,614 | 400 |
| 2018 | £144,000 | £191,955 | 360 |
| 2017 | £140,800 | £192,037 | 442 |
| 2016 | £157,000 | £219,645 | 423 |
| 2015 | £143,000 | £202,059 | 445 |
| 2014 | £160,000 | £226,988 | 420 |
| 2013 | £133,800 | £192,525 | 334 |
| 2012 | £133,200 | £196,054 | 284 |
| 2011 | £120,000 | £181,154 | 300 |
| 2010 | £118,500 | £185,839 | 239 |
| 2009 | £124,000 | £199,331 | 233 |
| 2008 | £120,000 | £196,705 | 262 |
| 2007 | £125,000 | £212,035 | 585 |
| 2006 | £118,000 | £204,833 | 506 |
| 2005 | £110,000 | £195,756 | 425 |
| 2004 | £102,000 | £185,252 | 631 |
| 2003 | £92,000 | £169,486 | 662 |
| 2002 | £76,000 | £142,993 | 657 |
| 2001 | £59,000 | £113,424 | 570 |
| 2000 | £50,600 | £99,303 | 476 |
| 1999 | £47,500 | £94,665 | 515 |
| 1998 | £48,000 | £96,891 | 465 |
| 1997 | £48,000 | £98,438 | 453 |
| 1996 | £48,000 | £101,230 | 439 |
| 1995 | £45,000 | £97,823 | 444 |
In cash terms the typical NE38 home went from £45,000 in 1995 to £160,000 in 2026, roughly 3.6 times the price. Adjusted for inflation it still comes to a real rise of roughly 64%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2014, and today's median remains roughly 30% under it: a 2014 buyer is still waiting to get that price back in today's money.
Year-on-year change in the NE38 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 (+28.8% on the year before); the weakest, 2015 (−10.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −10.1% | −12.2% |
| 5 years (since 2021) | +0.4% | −4.3% |
| 10 years (since 2016) | +0.2% | −3.1% |
| 20 years (since 2006) | +1.5% | −1.2% |
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.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 33% of the typed total. A detached home currently trades at £319,000 against £77,000 for a flat, 4.1 times the price.
Median by property type, NE38
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £319,000 | 30 | 3,660 |
| Semi-detached | £178,500 | 39 | 3,777 |
| Terraced | £130,000 | 53 | 4,367 |
| Flats | £77,000 | 12 | 1,311 |
Transaction volumes
How many homes change hands
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
Month by month, five years back
Sales as they reached the register each month. Expect the seasonal sawtooth, and discount the newest months while late entries land.
The register shows 293 NE38 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 564 sales a year before the financial crisis and 285 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 tenants pay around NE38
The local authority for NE38 is Sunderland, and its ONS average private rent currently stands at £701 a month (May 2026 figures). Size sets most of the rent: one-beds average £519 a month here against £1,073 for four or more bedrooms.
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 £160,000 median sold price makes a gross yield of 5.3%. 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.
The shape of the NE38 market
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. Among the 59 measurable districts of its area, NE38 ranks 48 by median price: towards the affordable end.
Common questions on NE38 (Town Centre)
Is NE38 (Town Centre) a good place to buy a house?
How much did a house sell for in NE38 (Town Centre)?
Are property prices falling in NE38 (Town Centre)?
Where do NE38 prices go next?
Prediction is not this page's business. Its business is the record, which says: the median is roughly flat over five years in cash but down 20% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
What you could buy in NE38 now
Everything above is what homes in NE38 sold for. Turning to what is actually available: 20 homes on the market right now, from 4 agents publishing to HomesIndex, at a typical asking price 17% below the NE38 median sold price.
37% of current listings sit under the prices comparable homes actually fetched. 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 ...
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every NE38 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Bedroom by bedroom: NE prices by size
Real sold prices by size across the NE area, straight from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| 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
NE38 ranks 46 of 59 in the NE area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Winners and losers across the NE area, five years
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside NE38, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NE38 0 | £135,000 | 37 |
| NE38 7 | £140,000 | 31 |
| NE38 8 | £210,000 | 42 |
| NE38 9 | £206,200 | 24 |
How NE38 compares nearby
Same city, different markets. The dearest districts of the NE area, and NE38 itself, which ranks 48 of 59 by median price:
| District | Median | 5-year |
|---|---|---|
| NE44 | £692,500 | +57% |
| NE69 | £617,500 | +2% |
| NE45 | £557,500 | +35% |
| NE20 | £472,500 | +8% |
| NE18 | £375,000 | +58% |
| NE67 | £335,000 | +4% |
| NE26 | £330,000 | +17% |
| NE46 | £297,200 | +8% |
| NE3 | £290,000 | +26% |
| NE47 | £290,000 | +18% |
| NE43 | £288,500 | -10% |
| NE30 | £280,000 | +18% |
| NE41 | £267,800 | -1% |
| NE2 | £265,800 | +12% |
| NE19 | £265,000 | +8% |
| NE25 | £260,000 | +18% |
| NE66 | £252,500 | +3% |
| NE65 | £251,500 | +12% |
| NE36 | £247,500 | +15% |
| NE27 | £241,200 | +24% |
| NE61 | £240,000 | +14% |
| NE68 | £240,000 | +0% |
| NE70 | £240,000 | +0% |
| NE38 (this report) | £160,000 | +2% |
Selling a home in NE38? Price it on the evidence
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at NE38's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Estate agents working NE38: the featured spot on this report is free for founding agents, one per district. Claim NE38.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to NE38. Free after a one click sign in.
The live map plots every individual NE38 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator 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.