Local market reports › NE area › NE48
Falstone market report NE48, Hexham
The standing NE48 (Falstone) property market report, rebuilt from the full public record every month. This page is built from the public record and nothing else: 1,823 completed sales registered with HM Land Registry in NE48 (Hexham) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales data to July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: a typical NE48 (Hexham) home changed hands for £201,000 in 2026 (median of 24 registered sales, up 17% on five years earlier), with the mean at £304,800, and by floor area homes here have averaged about £2,400 per square metre over the last five years. Source: 1,823 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
NE48 is the postcode district covering Falstone, Kielder in Hexham. 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 NE48 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 NE48
24 sales were registered in NE48 in 2026, and the middle one of them, the median, went for £201,000. The mean works out at £304,800, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
House prices per square metre in NE48
Per square metre, NE48 homes have averaged around £2,400 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.
Against a national (England and Wales) median of £285,000, NE48 runs 29% below it.
NE48's median sold price, 1995 to 2026
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £201,000 | £201,000 | 24 |
| 2025 | £200,000 | £204,783 | 54 |
| 2024 | £192,000 | £204,135 | 54 |
| 2023 | £220,000 | £241,726 | 55 |
| 2022 | £212,500 | £249,180 | 64 |
| 2021 | £171,200 | £216,761 | 68 |
| 2020 | £215,000 | £278,967 | 51 |
| 2019 | £160,000 | £209,722 | 53 |
| 2018 | £195,000 | £259,939 | 50 |
| 2017 | £175,000 | £238,682 | 49 |
| 2016 | £147,500 | £206,354 | 48 |
| 2015 | £145,000 | £204,885 | 50 |
| 2014 | £148,800 | £211,099 | 50 |
| 2013 | £135,000 | £194,252 | 33 |
| 2012 | £173,800 | £255,812 | 30 |
| 2011 | £161,500 | £243,803 | 34 |
| 2010 | £170,000 | £266,604 | 45 |
| 2009 | £129,500 | £208,172 | 32 |
| 2008 | £136,000 | £222,933 | 39 |
| 2007 | £198,200 | £336,202 | 72 |
| 2006 | £155,000 | £269,060 | 87 |
| 2005 | £154,000 | £274,058 | 60 |
| 2004 | £150,000 | £272,429 | 87 |
| 2003 | £92,000 | £169,486 | 73 |
| 2002 | £91,500 | £172,156 | 76 |
| 2001 | £66,500 | £127,843 | 95 |
| 2000 | £79,100 | £155,234 | 96 |
| 1999 | £72,000 | £143,492 | 75 |
| 1998 | £43,000 | £86,799 | 43 |
| 1997 | £44,000 | £90,235 | 71 |
| 1996 | £52,500 | £110,720 | 58 |
| 1995 | £42,500 | £92,388 | 47 |
In cash terms the typical NE48 home went from £42,500 in 1995 to £201,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 118%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2007; the current median sits about 40% below that. Someone who bought at the 2007 peak has not yet seen that price back in real terms.
Year-on-year change in the NE48 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 1999 (+67.4% on the year before); the weakest, 2008 (−31.4%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What NE48 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +0.5% | −1.8% |
| 5 years (since 2021) | +3.3% | −1.5% |
| 10 years (since 2016) | +3.1% | −0.3% |
| 20 years (since 2006) | +1.3% | −1.4% |
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.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of detached houses dominate the record here, 38% of the typed total. In 2000, the last year both were recorded here, a detached home traded at £106,000 against £20,000 for a flat, 5.3 times the price.
Median by property type, NE48
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 | £395,000 | 11 | 683 |
| Semi-detached | £195,000 (2025) | – | 428 |
| Terraced | £190,000 | 10 | 667 |
| Flats | £20,000 (2000) | – | 5 |
Sales activity in NE48
How many homes change hands
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The last five years, month by month
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
NE48 recorded 51 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 81 sales a year before the financial crisis and 50 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
The shape of the NE48 market
This is a thin market: 51 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. 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.
The rental side of NE48
NE48 falls under Northumberland, where the ONS puts the average private rent at £679 a month (May 2026 figures). The spread runs from £483 a month for a typical one-bed to £1,107 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Northumberland
ONS Price Index of Private Rents, May 2026.
£679 a month is £8,148 a year, which against the £201,000 median sold price makes a gross yield of 4.1%. 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.
Asked and answered: NE48 (Falstone)
Are property prices falling in NE48 (Falstone)?
Is NE48 (Falstone) a good place to buy a house?
How much did a house sell for in NE48 (Falstone)?
Where do NE48 prices go next?
No honest page predicts prices, so this one sticks to the record: the median is up 17% over five years in cash but down 7% 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.
NE48's current homes for sale
Everything above is what homes in NE48 sold for. The live side of the market holds 3 homes at the moment, listed by 2 agents publishing to HomesIndex, at a typical asking price 226% above the NE48 median sold price.
33% 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.
"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 NE48 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.
Bedroom by bedroom: NE prices by size
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%) | — |
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. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
NE48 ranks 21 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.
NE area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside NE48, 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 |
|---|---|---|
| NE48 1 | £328,800 | 4 |
| NE48 2 | £242,500 | 10 |
| NE48 3 | £195,000 | 7 |
| NE48 4 | £230,000 | 3 |
How NE48 compares nearby
Same city, different markets. The dearest districts of the NE area, and NE48 itself, which ranks 27 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% |
| NE48 (this report) | £201,000 | +17% |
Selling a home in NE48? Price it on the evidence
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NE48, open the average prices map and zoom from the NE48 shading down to the sold homes on your own street. Every recorded NE48 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim NE48.
Go deeper
Behind the answers sits the same Land Registry record as this page, with NE48 already set as the subject. Free, one click sign in.
The live map plots every individual NE48 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.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.