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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE38 7AZHouse Prices / North East, Sunderland, Wear Terrace
Last updated May 2026
Key Postcode Insights
NE38 7AZ is a residential postcode situated on Wear Terrace, Washington, NE38 with 9 addresses.
It ranks as the 416th largest and 405th most expensive of the 2,018 postcodes in the NE38 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 9 properties: 4 houses and 5 flats.
9
Properties
- Houses
- Flats
Key Postcode Insights
NE38 7AZ is a residential postcode situated on Wear Terrace, Washington, NE38 with 9 addresses.
It ranks as the 416th largest and 405th most expensive of the 2,018 postcodes in the NE38 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 9 properties: 4 houses and 5 flats.
9
Properties
- Houses
- Flats
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House Pricesin NE38 7AZ
Sale prices range from £78,020 for 2 bedroom leasehold flats with a garden (613 ft2) to £229,810 for 4 bedroom freehold houses with a garden (1,431 ft2) .
Monthly rental prices range from £447 pcm for 2 bed flats to £1,034 pcm for 4 bed houses.
The gross rental yield is between 5.4% and 6.9%.
The average value per square foot is £127.
Average Sale Value
£139,673
Average Rental Value
£701 pcm
Average Rental Yield
6.0% /year
Average Value Per Sqft
£127 /ft2
Sales Market Trendsin NE38 7AZ
The last sale in NE38 7AZ sold for £70,000 on 8th September 2022. Since then prices are up an average of 25.7%.
The current average value in the postcode is £139,673.
The NE38 7AZ Sales Market has increased by 26.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £139,673 |
| April 2025 | 2.5% | £136,254 |
| April 2024 | 4.5% | £132,989 |
| April 2023 | 1.1% | £127,313 |
| April 2022 | 5.7% | £125,943 |
| April 2021 | 5.6% | £119,177 |
| April 2020 | 2.6% | £112,878 |
| April 2019 | 0.8% | £110,051 |
| April 2018 | -2.1% | £109,166 |
| April 2017 | 0.7% | £111,504 |
| April 2016 | 2.2% | £110,715 |
| April 2015 | 1% | £108,300 |
| April 2014 | 2.5% | £107,225 |
| April 2013 | -0.8% | £104,563 |
| April 2012 | -2% | £105,451 |
| April 2011 | -1.9% | £107,651 |
| April 2010 | -3.1% | £109,788 |
| April 2009 | -11.3% | £113,339 |
| April 2008 | 0.8% | £127,780 |
| April 2007 | 0% | £126,744 |
Rental Market Trendsin NE38 7AZ
The current average rental value in the postcode is £701.
The NE38 7AZ Rental Market has increased by 43.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £701pcm |
| April 2025 | 5.3% | £678pcm |
| April 2024 | 7.3% | £643pcm |
| April 2023 | 9.3% | £599pcm |
| April 2022 | 9.3% | £548pcm |
| April 2021 | 1.5% | £502pcm |
| April 2020 | 1.8% | £494pcm |
| April 2019 | -0.7% | £485pcm |
| April 2018 | 0.4% | £489pcm |
| April 2017 | -0.6% | £487pcm |
| April 2016 | 0.5% | £490pcm |
| April 2015 | 0.3% | £488pcm |
| April 2014 | -0.1% | £486pcm |
| April 2013 | 0.5% | £487pcm |
| April 2012 | -2.1% | £484pcm |
| April 2011 | 2.2% | £495pcm |
| April 2010 | -2.8% | £484pcm |
| April 2009 | -2% | £498pcm |
| April 2008 | 3.9% | £509pcm |
| April 2007 | 0% | £489pcm |
Explore Propertiesin NE38 7AZ, Wear Terrace, Washington, NE38
- 1, Wear Terrace, Washington, NE38 7AZ2 bed period flat
- 2, Wear Terrace, Washington, NE38 7AZ3 bed house
- 3, Wear Terrace, Washington, NE38 7AZ
- 5, Wear Terrace, Washington, NE38 7AZ2 bed period flat
- 6, Wear Terrace, Washington, NE38 7AZ3 bed period flat
- 7, Wear Terrace, Washington, NE38 7AZ2 bed period flat
- 8, Wear Terrace, Washington, NE38 7AZ2 bed period flat
- 9, Wear Terrace, Washington, NE38 7AZ4 bed period house
- 13, Wear Terrace, Washington, NE38 7AZ4 bed period house
Sales Historyin NE38 7AZ
The last sale was on 8th September 2022 for £70,000 and since then the market in the area has increased by 25.7%. The postcode has had a total of 12 sales since 1995.
NE38 7AZ has seen no sales in the last three years and no sales in the last twelve months.
Sold Sep 2022£70,000 | 2 Bed FlatWear Terrace8, Wear Terrace, Washington, NE38 7AZ
Sold Sep 2022£70,000 | 2 Bed FlatWear Terrace7, Wear Terrace, Washington, NE38 7AZ
Sold Aug 2010£65,000 | 2 Bed FlatWear Terrace5, Wear Terrace, Washington, NE38 7AZ
Sold Oct 2008£84,900 | 2 Bed FlatWear Terrace8, Wear Terrace, Washington, NE38 7AZ
Sold May 2008£71,000 | 3 Bed HouseWear Terrace2, Wear Terrace, Washington, NE38 7AZ
Sold Feb 2007£84,000 | 3 Bed HouseWear Terrace2, Wear Terrace, Washington, NE38 7AZ
Sold Dec 2005£75,500 | 3 Bed HouseWear Terrace2, Wear Terrace, Washington, NE38 7AZ
Sold Jan 2005£75,000 | 2 Bed FlatWear Terrace8, Wear Terrace, Washington, NE38 7AZ
Sold Jan 2005£75,000 | 2 Bed FlatWear Terrace7, Wear Terrace, Washington, NE38 7AZ
Sold Aug 2004£63,600 | 3 Bed HouseWear Terrace2, Wear Terrace, Washington, NE38 7AZ
Sold Jan 2002£31,000 | 2 Bed FlatWear Terrace5, Wear Terrace, Washington, NE38 7AZ
Sold Oct 2001£28,000 | 2 Bed FlatWear Terrace8, Wear Terrace, Washington, NE38 7AZ
Nearby Postcodesto NE38 7AZ
NE38 7AZ is the 416th largest and the 405th most expensive postcode out of the 2,018 postcodes in the NE38 area.
- 54 mNE38 7AY, Glen Terrace, Washington, NE38NE38 7AY24 Addresses
- 62 mNE38 7BD, Robinson Terrace, Washington, NE38NE38 7BD11 Addresses
- 83 mNE38 7BA, Lowthian Terrace, Washington, NE38NE38 7BA24 Addresses
- 87 mNE38 7LY, Avon Terrace, Washington, NE38NE38 7LY21 Addresses
- 95 mNE38 7LX, Ash Square, Washington, NE38NE38 7LX30 Addresses
- 105 mNE38 7BQ, Tweed Street, Washington, NE38NE38 7BQ6 Addresses
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Property Typesin NE38 7AZ
- 2 period houses built between 1800 and 1911
- 5 period flats built between 1800 and 1911
- 1 house of an unknown age
- 1 other address of unknown type
- period house (2)
- period flat (5)
- house (1)
- Unknown (1)
Energy Efficiencyof properties in NE38 7AZ
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (4)
- No EPC (1)
Schools Nearbyto NE38 7AZ
The nearest primary school to NE38 7AZ is John F Kennedy Primary School which is 246 metres away.
- 246mJohn F Kennedy Primary School
- 580mBarmston Village Primary School
- 806mBiddick Primary School
The nearest secondary school is Biddick Academy which is 719 metres away.
- 719mBiddick Academy
- 1.2kmSt Robert of Newminster Catholic School and Sixth Form College, Washington
- 1.6kmWashington Academy
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Public Transport Nearbyto NE38 7AZ
The closest station to NE38 7AZ is Chester-le-Street station which is 6.3 kilometres away.
- 6.3kmChester-le-Street
- 6.8kmHeworth
- 8.3kmSunderland
- 10.3kmDunston
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