Well Bank Road - NE37 2TP
Key Postcode Insights
NE37 2TP is a residential postcode situated on Well Bank Road, Washington, NE37 with 12 addresses.
It ranks as the 577th largest and 1457th most expensive of the 2,018 postcodes in the NE37 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £170,874
- 10 Year change
- up 33.0%
- Ave. Rental Price
- £1,041pcm
- 10 Year change
- up 52.8%
- Ave. £ per ft²
- £215/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Key Postcode Insights
NE37 2TP is a residential postcode situated on Well Bank Road, Washington, NE37 with 12 addresses.
It ranks as the 577th largest and 1457th most expensive of the 2,018 postcodes in the NE37 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £170,874
- 10 Year change
- up 33.0%
- Ave. Rental Price
- £1,041pcm
- 10 Year change
- up 52.8%
- Ave. £ per ft²
- £215/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Explore Propertiesin NE37 2TP
- 7 Well Bank Road
3 Bed Early-century House
- 9 Well Bank Road
3 Bed Early-century House
- 11 Well Bank Road
2 Bed Mid-century House
- 13 Well Bank Road
3 Bed Early-century House
- 15 Well Bank Road
3 Bed Early-century House
Sales Market Trends
The last sale in NE37 2TP sold for £184,950 on 17th November 2020. Since then prices are up an average of 22.1%.
The current average value in the postcode is £170,874.
The NE37 2TP Sales Market has increased by 33.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £170,874 |
| June 2025 | 4.2% | £171,245 |
| June 2024 | 3.7% | £164,331 |
| June 2023 | 0.9% | £158,533 |
| June 2022 | 8% | £157,074 |
| June 2021 | 7.3% | £145,387 |
| June 2020 | 1.8% | £135,535 |
| June 2019 | 2.7% | £133,142 |
| June 2018 | -1.4% | £129,621 |
| June 2017 | 2.3% | £131,468 |
| June 2016 | 1.7% | £128,482 |
| June 2015 | 0.4% | £126,334 |
| June 2014 | 2.8% | £125,845 |
| June 2013 | -0.6% | £122,462 |
| June 2012 | -2.1% | £123,259 |
| June 2011 | -3.4% | £125,953 |
| June 2010 | -0.8% | £130,407 |
| June 2009 | -11.6% | £131,518 |
| June 2008 | -1.6% | £148,797 |
| June 2007 | 0% | £151,198 |
Rental Market Trends
The current average rental value in the postcode is £1,041.
The NE37 2TP Rental Market has increased by 52.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,041pcm |
| June 2025 | 4.7% | £1,006pcm |
| June 2024 | 8% | £961pcm |
| June 2023 | 8% | £890pcm |
| June 2022 | 11.1% | £823pcm |
| June 2021 | 4.1% | £741pcm |
| June 2020 | 2.5% | £712pcm |
| June 2019 | 0% | £694pcm |
| June 2018 | 1% | £694pcm |
| June 2017 | 0.9% | £687pcm |
| June 2016 | 0.5% | £681pcm |
| June 2015 | -0.8% | £678pcm |
| June 2014 | 0.1% | £683pcm |
| June 2013 | -1.5% | £682pcm |
| June 2012 | -1.6% | £693pcm |
| June 2011 | 0.3% | £705pcm |
| June 2010 | 0.6% | £703pcm |
| June 2009 | -4.5% | £699pcm |
| June 2008 | 3.8% | £732pcm |
| June 2007 | 0% | £705pcm |
Sales History
The last sale was on 17th November 2020 for £184,950 and since then the market in the area has increased by 22.1%. The postcode has had a total of 16 sales since 1995.
NE37 2TP has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2020£184,950 | 3 Bed House15, Well Bank Road, Washington, NE37 2TP15, Well Bank Road, Washington, NE37 2TP
- Sold Jan 2020£113,000 | 3 Bed House29, Well Bank Road, Washington, NE37 2TP29, Well Bank Road, Washington, NE37 2TP
- Sold Nov 2019£125,000 | 3 Bed House13, Well Bank Road, Washington, NE37 2TP13, Well Bank Road, Washington, NE37 2TP
- Sold Nov 2018£163,000 | 3 Bed House25, Well Bank Road, Washington, NE37 2TP25, Well Bank Road, Washington, NE37 2TP
- Sold Jun 2018£169,500 | 3 Bed House21, Well Bank Road, Washington, NE37 2TP21, Well Bank Road, Washington, NE37 2TP
Nearby Postcodes
NE37 2TP is the 577th largest and the 1457th most expensive postcode out of the 2,018 postcodes in the NE37 area.
- NE37 2JY, Raydale Avenue, Washington, NE37NE37 2JY18 Addresses|32 m away
- NE37 1NH, Well Bank Road, Washington, NE37NE37 1NH13 Addresses|38 m away
- NE37 1AA, Oxford Avenue, Washington, NE37NE37 1AA12 Addresses|95 m away
- NE37 2TW, Well Bank Road, Washington, NE37NE37 2TW3 Addresses|100 m away
- NE37 2TN, Blue House Lane, Washington, NE37NE37 2TN5 Addresses|124 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 2 houses of an unknown age
- 7 early-century houses built between 1912 and 1935
- 2 other addresses of unknown type
- mid-century house (1)
- house (2)
- early-century house (7)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (6)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Nov 2018£283,000 | 4 Bed House70, Well Bank Road, Washington, NE37 1NW70, Well Bank Road, Washington, NE37 1NW
- Sold Sep 2011£279,950 | 4 Bed House70, Well Bank Road, Washington, NE37 1NW70, Well Bank Road, Washington, NE37 1NW
- Sold Dec 2009£242,000 | 4 Bed House6, Well Bank Road, Washington, NE37 1NH6, Well Bank Road, Washington, NE37 1NH
Schools Nearby
- George Washington Primary School400 m away
- Albany Village Primary School700 m away
- St Bede's Catholic Primary School, Washington1.1 km away
- Washington Academy1.0 km away
- Oxclose Community Academy2.1 km away
- Biddick Academy2.8 km away
More reading links
Public Transport Nearby
The closest station to NE37 2TP is Heworth station, which is 4.4 kilometres away.
- Heworth|4.4 km away
- Chester-le-Street|7.2 km away
- Dunston|7.9 km away
- Manors|7.9 km away
