Local market reports › NE area › NE39
High Spen market report NE39, Rowlands Gill
The NE39 (High Spen) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 4,117 HM Land Registry entries for NE39 (Rowlands Gill), 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.
Covers registered sales to July 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the middle 2026 sale in NE39 (Rowlands Gill) came in at £140,000, out of 54 registered, down 29% on five years earlier, and the mean stands at £179,400, and by floor area homes here have averaged about £2,170 per square metre over the last five years. The record behind it is 4,117 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
The postcode district NE39 covering Rowlands Gill, High Spen, Hamsterley Mill sits in Rowlands Gill. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.
Where NE39 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 NE39 homes really sell for
The 2026 median for NE39 is £140,000, taken from 54 registered sales. The mean, which is what most sites call the "average house price", is £179,400, 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 NE39
Per square metre, NE39 homes have averaged around £2,170 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
England and Wales as a whole trade at a £285,000 median, leaving NE39 51% below the national figure.
NE39's median sold price, 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 | £140,000 | £140,000 | 54 |
| 2025 | £210,000 | £215,022 | 121 |
| 2024 | £191,200 | £203,285 | 136 |
| 2023 | £215,500 | £236,782 | 108 |
| 2022 | £195,000 | £228,660 | 173 |
| 2021 | £197,500 | £250,060 | 183 |
| 2020 | £178,800 | £231,997 | 94 |
| 2019 | £158,000 | £207,100 | 111 |
| 2018 | £165,000 | £219,948 | 111 |
| 2017 | £148,000 | £201,857 | 117 |
| 2016 | £147,800 | £206,774 | 116 |
| 2015 | £151,500 | £214,070 | 108 |
| 2014 | £146,500 | £207,836 | 103 |
| 2013 | £141,000 | £202,885 | 132 |
| 2012 | £138,600 | £204,002 | 90 |
| 2011 | £128,000 | £193,231 | 114 |
| 2010 | £122,500 | £192,112 | 74 |
| 2009 | £140,800 | £226,337 | 80 |
| 2008 | £135,800 | £222,605 | 84 |
| 2007 | £133,000 | £225,605 | 139 |
| 2006 | £155,000 | £269,060 | 130 |
| 2005 | £143,000 | £254,482 | 129 |
| 2004 | £142,500 | £258,808 | 150 |
| 2003 | £114,500 | £210,937 | 197 |
| 2002 | £81,000 | £152,401 | 179 |
| 2001 | £74,500 | £143,222 | 186 |
| 2000 | £76,000 | £149,150 | 175 |
| 1999 | £68,000 | £135,520 | 188 |
| 1998 | £57,600 | £116,270 | 176 |
| 1997 | £54,000 | £110,743 | 126 |
| 1996 | £53,500 | £112,829 | 133 |
| 1995 | £53,000 | £115,214 | 100 |
In cash terms the typical NE39 home went from £53,000 in 1995 to £140,000 in 2026, roughly 2.6 times the price. Even after inflation that is a real rise of about 22%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2006. The market now sits about 48% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NE39 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 (+41.4% on the year before); the weakest, 2026 (−33.3%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of semi-detached homes dominate the record here, 34% of the typed total. In 2021, the last year both were recorded here, a detached home traded at £340,000 against £87,000 for a flat, 3.9 times the price.
Median by property type, NE39
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 | £303,800 | 8 | 1,257 |
| Semi-detached | £190,000 | 17 | 1,384 |
| Terraced | £113,000 | 27 | 1,340 |
| Flats | £87,000 (2021) | – | 103 |
What NE39 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −33.3% | −34.9% |
| 5 years (since 2021) | −6.7% | −11.0% |
| 10 years (since 2016) | −0.5% | −3.8% |
| 20 years (since 2006) | −0.5% | −3.2% |
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.
The turnover behind the prices
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The monthly pulse, last five years
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
Over the last twelve months of data, 92 sales completed in NE39. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 161 sales a year before the financial crisis and 118 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 NE39 is
Only 92 sales completed here in the last twelve months of data, which makes NE39 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. In its area's price order NE39 comes 56 of 59, towards the cheaper end of the table.
What tenants pay around NE39
NE39 falls under Gateshead, where the ONS puts the average private rent 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.
Set against the £140,000 median sold price, £790 a month is £9,480 a year, a gross yield of 6.8%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
NE39 (High Spen): the questions that come up
How much did a house sell for in NE39 (High Spen)?
Are property prices falling in NE39 (High Spen)?
Is NE39 (High Spen) a good place to buy a house?
What happens to NE39 prices now?
No honest page predicts prices, so this one sticks to the record: the median is down 29% over five years in cash but down 44% 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.
NE39's current homes for sale
Everything above is what homes in NE39 sold for. Turning to what is actually available: 3 homes on the market right now, from 3 agents publishing to HomesIndex, at a typical asking price 7% below the NE39 median sold price.
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.
"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 NE39 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
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%) | — |
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
NE39 ranks 59 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.
Five-year change in the median, NE area districts
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside NE39, 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 |
|---|---|---|
| NE39 1 | £225,000 | 15 |
| NE39 2 | £130,000 | 39 |
How NE39 compares nearby
Same city, different markets. The dearest districts of the NE area, and NE39 itself, which ranks 56 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% |
| NE39 (this report) | £140,000 | -29% |
Selling in NE39? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NE39, open the average prices map and zoom from the NE39 shading down to the sold homes on your own street. Every recorded NE39 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 NE39: the featured spot on this report is free for founding agents, one per district. Claim NE39.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NE39. Free, with a one click sign in.
Two maps carry on from here: every NE39 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.