Well Bank Road - NE37 2TW
Key Postcode Insights
NE37 2TW is a residential postcode situated on Well Bank Road, Washington, NE37 with 3 addresses.
It ranks as the 129th largest and 882nd 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 3 properties: 3 houses.
- Ave. Sale Price
- £127,028
- 10 Year change
- up 31.1%
- Ave. Rental Price
- £928pcm
- 10 Year change
- up 50.6%
- Ave. £ per ft²
- £151/ft²
- Ave. Gross Yield
- 8.8%/year/yr
Key Postcode Insights
NE37 2TW is a residential postcode situated on Well Bank Road, Washington, NE37 with 3 addresses.
It ranks as the 129th largest and 882nd 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 3 properties: 3 houses.
- Ave. Sale Price
- £127,028
- 10 Year change
- up 31.1%
- Ave. Rental Price
- £928pcm
- 10 Year change
- up 50.6%
- Ave. £ per ft²
- £151/ft²
- Ave. Gross Yield
- 8.8%/year/yr
Explore Propertiesin NE37 2TW
- 1 Well Bank Road
Unknown
- 3 Well Bank Road
3 Bed Early-century House
- 5 Well Bank Road
4 Bed Early-century House
Sales Market Trends
The last sale in NE37 2TW sold for £124,483 on 6th February 2026. Since then prices are up an average of 1.3%.
The current average value in the postcode is £127,028.
The NE37 2TW Sales Market has increased by 31.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £127,028 |
| June 2025 | 3.8% | £127,670 |
| June 2024 | 3.7% | £122,993 |
| June 2023 | 1.2% | £118,656 |
| June 2022 | 7.5% | £117,226 |
| June 2021 | 6.6% | £109,042 |
| June 2020 | 1.8% | £102,245 |
| June 2019 | 2.7% | £100,484 |
| June 2018 | -1.2% | £97,886 |
| June 2017 | 2.3% | £99,059 |
| June 2016 | 1.8% | £96,861 |
| June 2015 | 0.7% | £95,117 |
| June 2014 | 2.8% | £94,463 |
| June 2013 | -0.6% | £91,904 |
| June 2012 | -1.7% | £92,427 |
| June 2011 | -3% | £94,025 |
| June 2010 | 0.2% | £96,901 |
| June 2009 | -10.5% | £96,661 |
| June 2008 | -1.6% | £108,043 |
| June 2007 | 0% | £109,762 |
Rental Market Trends
The current average rental value in the postcode is £928.
The NE37 2TW Rental Market has increased by 50.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £928pcm |
| June 2025 | 4.3% | £900pcm |
| June 2024 | 8% | £863pcm |
| June 2023 | 8.3% | £799pcm |
| June 2022 | 10.6% | £737pcm |
| June 2021 | 3.5% | £667pcm |
| June 2020 | 2.5% | £644pcm |
| June 2019 | -0.1% | £628pcm |
| June 2018 | 1.2% | £629pcm |
| June 2017 | 0.8% | £621pcm |
| June 2016 | 0.6% | £616pcm |
| June 2015 | -0.5% | £612pcm |
| June 2014 | 0.1% | £615pcm |
| June 2013 | -1.5% | £614pcm |
| June 2012 | -1.2% | £623pcm |
| June 2011 | 0.7% | £631pcm |
| June 2010 | 1.7% | £626pcm |
| June 2009 | -3.3% | £616pcm |
| June 2008 | 3.8% | £637pcm |
| June 2007 | 0% | £614pcm |
Sales History
The last sale was on 6th February 2026 for £124,483 and since then the market in the area has increased by 1.3%. The postcode has had a total of 4 sales since 1995.
NE37 2TW has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Feb 2026£124,483 | 4 Bed House5, Well Bank Road, Washington, NE37 2TW5, Well Bank Road, Washington, NE37 2TW
- Sold Oct 2023£157,000 | 3 Bed House3, Well Bank Road, Washington, NE37 2TW3, Well Bank Road, Washington, NE37 2TW
- Sold Jul 2007£134,000 | 3 Bed House3, Well Bank Road, Washington, NE37 2TW3, Well Bank Road, Washington, NE37 2TW
- Sold Mar 2001£58,000 | 3 Bed House1, Well Bank Road, Washington, NE37 2TW1, Well Bank Road, Washington, NE37 2TW
Nearby Postcodes
NE37 2TW is the 129th largest and the 882nd most expensive postcode out of the 2,018 postcodes in the NE37 area.
- NE37 2TN, Blue House Lane, Washington, NE37NE37 2TN5 Addresses|36 m away
- NE37 2TP, Well Bank Road, Washington, NE37NE37 2TP12 Addresses|100 m away
- NE37 2TL, Aged Miners Homes, Washington, NE37NE37 2TL12 Addresses|107 m away
- NE37 2JY, Raydale Avenue, Washington, NE37NE37 2JY18 Addresses|109 m away
- NE37 1NH, Well Bank Road, Washington, NE37NE37 1NH13 Addresses|110 m away
Property Types
- 2 early-century houses built between 1912 and 1935
- 1 other address of unknown type
- early-century house (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (1)
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 School500 m away
- Albany Village Primary School500 m away
- St Bede's Catholic Primary School, Washington1.2 km away
- Washington Academy1.0 km away
- Oxclose Community Academy2.0 km away
- Biddick Academy2.7 km away
More reading links
Public Transport Nearby
The closest station to NE37 2TW is Heworth station, which is 4.5 kilometres away.
- Heworth|4.5 km away
- Chester-le-Street|7.1 km away
- Dunston|7.9 km away
- Manors|8.0 km away
