Raglan - NE38 0LE
Key Postcode Insights
NE38 0LE is a residential postcode situated on Raglan, Washington, NE38 with 25 addresses.
It ranks as the 1282nd largest and 1167th most expensive of the 2,018 postcodes in the NE38 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 25 properties: 25 houses.
- Ave. Sale Price
- £131,388
- 10 Year change
- up 28.7%
- Ave. Rental Price
- £932pcm
- 10 Year change
- up 51.2%
- Ave. £ per ft²
- £143/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Key Postcode Insights
NE38 0LE is a residential postcode situated on Raglan, Washington, NE38 with 25 addresses.
It ranks as the 1282nd largest and 1167th most expensive of the 2,018 postcodes in the NE38 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 25 properties: 25 houses.
- Ave. Sale Price
- £131,388
- 10 Year change
- up 28.7%
- Ave. Rental Price
- £932pcm
- 10 Year change
- up 51.2%
- Ave. £ per ft²
- £143/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Sales Market Trends
The last sale in NE38 0LE sold for £128,000 on 5th September 2025. Since then prices are up an average of 1.1%.
The current average value in the postcode is £131,388.
The NE38 0LE Sales Market has increased by 28.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £131,388 |
| June 2025 | 3.3% | £131,996 |
| June 2024 | 2.7% | £127,811 |
| June 2023 | 1.9% | £124,497 |
| June 2022 | 7.1% | £122,227 |
| June 2021 | 6.2% | £114,147 |
| June 2020 | 1.1% | £107,467 |
| June 2019 | 2.6% | £106,292 |
| June 2018 | -0.2% | £103,634 |
| June 2017 | 1.7% | £103,853 |
| June 2016 | 1.9% | £102,108 |
| June 2015 | 1.3% | £100,156 |
| June 2014 | 1.5% | £98,865 |
| June 2013 | 1.1% | £97,389 |
| June 2012 | -3.1% | £96,333 |
| June 2011 | -1.8% | £99,441 |
| June 2010 | 1.6% | £101,247 |
| June 2009 | -9.7% | £99,621 |
| June 2008 | -2.9% | £110,267 |
| June 2007 | 0% | £113,541 |
Rental Market Trends
The current average rental value in the postcode is £932.
The NE38 0LE Rental Market has increased by 51.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £932pcm |
| June 2025 | 5.1% | £905pcm |
| June 2024 | 7.4% | £861pcm |
| June 2023 | 7.8% | £801pcm |
| June 2022 | 10.3% | £743pcm |
| June 2021 | 4.7% | £674pcm |
| June 2020 | 2.2% | £644pcm |
| June 2019 | 0.1% | £629pcm |
| June 2018 | 1.4% | £629pcm |
| June 2017 | 0.6% | £620pcm |
| June 2016 | 0.1% | £616pcm |
| June 2015 | 0.1% | £616pcm |
| June 2014 | -0.5% | £615pcm |
| June 2013 | -0.5% | £618pcm |
| June 2012 | -1.1% | £621pcm |
| June 2011 | 0.3% | £628pcm |
| June 2010 | 0.4% | £626pcm |
| June 2009 | -2.8% | £624pcm |
| June 2008 | 4% | £642pcm |
| June 2007 | 0% | £617pcm |
Sales History
The last sale was on 5th September 2025 for £128,000 and since then the market in the area has increased by 1.1%. The postcode has had a total of 12 sales since 1995.
NE38 0LE has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£128,000 | 3 Bed House6, Raglan, Washington, NE38 0LE6, Raglan, Washington, NE38 0LE
- Sold Sep 2022£125,000 | 3 Bed House20, Raglan, Washington, NE38 0LE20, Raglan, Washington, NE38 0LE
- Sold Jan 2018£88,000 | 3 Bed House9, Raglan, Washington, NE38 0LE9, Raglan, Washington, NE38 0LE
- Sold Apr 2015£100,000 | 3 Bed House21, Raglan, Washington, NE38 0LE21, Raglan, Washington, NE38 0LE
- Sold Jul 2011£85,000 | 3 Bed House11, Raglan, Washington, NE38 0LE11, Raglan, Washington, NE38 0LE
Nearby Postcodes
NE38 0LE is the 1282nd largest and the 1167th most expensive postcode out of the 2,018 postcodes in the NE38 area.
- NE38 0LQ, Pembridge, Washington, NE38NE38 0LQ32 Addresses|34 m away
- NE38 0LF, Raglan, Washington, NE38NE38 0LF36 Addresses|50 m away
- NE38 0LB, Crighton, Washington, NE38NE38 0LB37 Addresses|72 m away
- NE38 0LG, Pembridge, Washington, NE38NE38 0LG21 Addresses|75 m away
- NE38 0LD, Crighton, Washington, NE38NE38 0LD39 Addresses|133 m away
Property Types
- 1 modern house built after 1980
- 13 mid-century houses built between 1936 and 1979
- 11 other addresses of unknown type
- modern house (1)
- mid-century house (13)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (12)
- G (0)
- D (2)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Jul 2020£8,250,000 | 3 Bed House33, Raglan, Washington, NE38 0LF33, Raglan, Washington, NE38 0LF
- Sold Nov 2022£135,000 | 3 Bed House27, Raglan, Washington, NE38 0LF27, Raglan, Washington, NE38 0LF
- Sold Sep 2025£128,000 | 3 Bed House6, Raglan, Washington, NE38 0LE6, Raglan, Washington, NE38 0LE
Schools Nearby
- St John Boste Catholic Primary School, Washington200 m away
- Oxclose Primary Academy200 m away
- Blackfell Primary School500 m away
- Oxclose Community Academy300 m away
- Lord Lawson of Beamish Academy1.7 km away
- Washington Academy1.9 km away
More reading links
Public Transport Nearby
The closest station to NE38 0LE is Chester-le-Street station, which is 5.4 kilometres away.
- Chester-le-Street|5.4 km away
- Heworth|5.8 km away
- Dunston|8.3 km away
- Newcastle|8.9 km away