Local market reports › NE area › NE39 › NE39 2
High Spen market report NE39 2, Rowlands Gill
The NE39 2 (High Spen) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 2,191 sales recorded by HM Land Registry in NE39 2 (Rowlands Gill) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: 39 registered 2026 sales put the NE39 2 (Rowlands Gill) median at £130,000, down 12% on five years earlier, with a mean of £150,200, and by floor area homes here have averaged about £1,870 per square metre over the last five years. Everything rests on 2,191 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
A postcode sector like NE39 2 is a single group of streets within NE39 (Rowlands Gill), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where NE39 2 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 a home in NE39 2 sells for
In the NE39 2 property market, the 2026 median sale price is £130,000, from 39 registered sales; the mean, the "average house price" most sites quote, is £150,200, sitting a long way above it, which tells you a few very expensive sales are pulling the average up.
House prices per square metre in NE39 2
A square metre of NE39 2 home has cost about £1,870 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.
For scale: the England and Wales median is £285,000, so NE39 2 trades 54% below the country as a whole.
A typical NE39 2 home, priced year by year (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 | £130,000 | £130,000 | 39 |
| 2025 | £155,500 | £159,218 | 70 |
| 2024 | £141,000 | £149,912 | 86 |
| 2023 | £151,000 | £165,912 | 65 |
| 2022 | £160,000 | £187,618 | 101 |
| 2021 | £147,500 | £186,754 | 100 |
| 2020 | £130,100 | £168,807 | 44 |
| 2019 | £115,000 | £150,737 | 57 |
| 2018 | £120,000 | £159,962 | 53 |
| 2017 | £120,000 | £163,668 | 57 |
| 2016 | £106,000 | £148,295 | 60 |
| 2015 | £112,800 | £159,386 | 56 |
| 2014 | £93,000 | £131,937 | 47 |
| 2013 | £127,000 | £182,740 | 74 |
| 2012 | £114,500 | £168,530 | 45 |
| 2011 | £115,000 | £173,606 | 73 |
| 2010 | £116,000 | £181,918 | 46 |
| 2009 | £131,000 | £210,584 | 33 |
| 2008 | £105,000 | £172,117 | 47 |
| 2007 | £111,000 | £188,287 | 86 |
| 2006 | £113,500 | £197,021 | 58 |
| 2005 | £95,000 | £169,062 | 59 |
| 2004 | £89,000 | £161,641 | 69 |
| 2003 | £73,400 | £135,221 | 98 |
| 2002 | £59,000 | £111,008 | 110 |
| 2001 | £50,000 | £96,122 | 105 |
| 2000 | £55,800 | £109,508 | 92 |
| 1999 | £54,800 | £109,214 | 92 |
| 1998 | £45,000 | £90,836 | 103 |
| 1997 | £37,000 | £75,880 | 60 |
| 1996 | £35,000 | £73,813 | 61 |
| 1995 | £37,000 | £80,432 | 45 |
In cash terms the typical NE39 2 home went from £37,000 in 1995 to £130,000 in 2026, roughly 3.5 times the price. Even after inflation that is a real rise of about 62%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2009; the current median sits about 38% below that. Someone who bought at the 2009 peak has not yet seen that price back in real terms.
Year-on-year change in the NE39 2 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 2009 (+24.8% on the year before); the weakest, 2014 (−26.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What NE39 2 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −16.4% | −18.4% |
| 5 years (since 2021) | −2.5% | −7.0% |
| 10 years (since 2016) | +2.1% | −1.3% |
| 20 years (since 2006) | +0.7% | −2.1% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
How many homes change hands in NE39 2
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 39 NE39 2 sales across the most recent twelve months of data. Turnover has held fairly steady across the cycle: about 72 sales a year recently, against 85 a year before 2008. 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.
Rents around NE39 2
The local authority for NE39 2 is Gateshead, and its ONS average private rent currently stands at £790 a month (May 2026 figures). A one-bed averages £581 a month here and a four-or-more-bed £1,179, so size does most of the work in setting the rent.
Average monthly rent by size, Gateshead
ONS Price Index of Private Rents, May 2026.
Against the £130,000 median purchase price, a rent of £790 a month (£9,480 a year) works out at a 7.3% 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 NE39 2 is
Only 39 sales completed here in the last twelve months of data, which makes NE39 2 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.
What people ask about NE39 2 (High Spen)
How much did a house sell for in NE39 2 (High Spen)?
Are property prices falling in NE39 2 (High Spen)?
Is NE39 2 (High Spen) a good place to buy a house?
The questions people bring to NE39 2 (High Spen)
Searches like house valuation rowlands gill
reach this page too. It offers no valuations, and that is deliberate: what it has is the record valuers themselves anchor on. Take the £130,000 2026 median above, then zoom the average prices map down to the sold homes on the street in question.
Search phrases quoted verbatim from Google Search Console for this site (last 16 months); each is answered from the page's own Land Registry figures.
Will NE39 2 prices rise from here?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 12% over five years in cash but down 30% 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.
What you could buy in NE39 now
Turning to what is actually available: 3 homes on the market right now, from 3 agents publishing to HomesIndex.
These cover the whole NE39 district, not just NE39 2: live asking prices are collected per district.
50% of what is on the market here is asking below what comparable homes actually sold for. Each listing is compared with recent recorded sales of similar homes nearby.
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 NE39 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.
What another bedroom costs in NE
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%) | — |
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. 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.
NE area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in NE39
Sector boundaries hide real price steps. The rest of NE39, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NE39 1 | £225,000 | 15 |
Zoom out to the full NE39 district report for the type split, monthly volumes and how NE39 compares with its neighbours.
Selling a home in NE39 2? 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 NE39 2'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 NE39 2: the featured spot on this report is free for founding agents, one per district. Claim NE39 2.
Keep digging
Behind the answers sits the same Land Registry record as this page, with NE39 2 already set as the subject. Free, one click sign in.
Two maps carry on from here: every NE39 2 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.