NE23 8BZ is a residential postcode situated on Magdalene Place, The Fairways, Cramlington, NE23 with 18 addresses.
It ranks as the 526th largest and 862nd most expensive of the 979 postcodes in the NE23 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 18 properties: 18 houses.
NE23 8BZ is a residential postcode situated on Magdalene Place, The Fairways, Cramlington, NE23 with 18 addresses.
It ranks as the 526th largest and 862nd most expensive of the 979 postcodes in the NE23 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 18 properties: 18 houses.
Sale prices range from £215,144 for 2 bedroom freehold houses with a garden (624 ft2) to £392,122 for 5 bedroom freehold houses with a garden (1,765 ft2) .
Monthly rental prices range from £1,250 pcm for 2 bed houses to £2,005 pcm for 5 bed houses.
The gross rental yield is between 6.1% and 7.0%.
The average value per square foot is £284.
The last sale in NE23 8BZ sold for £230,000 on 15th August 2025. Since then prices are up an average of 0.1%.
The current average value in the postcode is £300,153.
The NE23 8BZ Sales Market has increased by 32.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £300,153 |
| April 2025 | 3.7% | £296,472 |
| April 2024 | 1.4% | £285,826 |
| April 2023 | 4.7% | £281,922 |
| April 2022 | 8.8% | £269,161 |
| April 2021 | 4.6% | £247,281 |
| April 2020 | 1.7% | £236,347 |
| April 2019 | 0.9% | £232,380 |
| April 2018 | 1.7% | £230,336 |
| April 2017 | -0.1% | £226,453 |
| April 2016 | 2.8% | £226,787 |
| April 2015 | 3.1% | £220,600 |
| April 2014 | 3.9% | £213,977 |
| April 2013 | 3.1% | £205,989 |
| April 2012 | 0.7% | £199,730 |
| April 2011 | -3.7% | £198,330 |
| April 2010 | 2.1% | £205,995 |
| April 2009 | -9.3% | £201,751 |
| April 2008 | -0.3% | £222,495 |
| April 2007 | 0% | £223,203 |
The current average rental value in the postcode is £1,659.
The NE23 8BZ Rental Market has increased by 76.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £1,659pcm |
| April 2025 | 8.5% | £1,611pcm |
| April 2024 | 10.7% | £1,485pcm |
| April 2023 | 11.5% | £1,341pcm |
| April 2022 | 9.5% | £1,203pcm |
| April 2021 | 7.2% | £1,098pcm |
| April 2020 | 4.5% | £1,025pcm |
| April 2019 | 2.4% | £981pcm |
| April 2018 | 1% | £958pcm |
| April 2017 | 1% | £949pcm |
| April 2016 | 3.1% | £940pcm |
| April 2015 | 3.5% | £912pcm |
| April 2014 | 2.8% | £881pcm |
| April 2013 | 2.5% | £857pcm |
| April 2012 | 1.8% | £837pcm |
| April 2011 | 4.4% | £822pcm |
| April 2010 | 4.8% | £787pcm |
| April 2009 | -4.1% | £751pcm |
| April 2008 | -0.1% | £784pcm |
| April 2007 | 0% | £785pcm |
The last sale was on 15th August 2025 for £230,000 and since then the market in the area has increased by 0.1%. The postcode has had a total of 22 sales since 1995.
NE23 8BZ has seen 6 sales in the last three years and 1 sale in the last twelve months.
NE23 8BZ is the 526th largest and the 862nd most expensive postcode out of the 979 postcodes in the NE23 area.
Be the first Estate
Agent here!
The closest station to NE23 8BZ is Cramlington station which is 1.6 kilometres away.
Be the first Estate
Agent here!
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NE23 8BZ, % of property is and % is .
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE23 8BZ, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE23 8BZ, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE23 8BZ, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.