NE38 7BH is a residential postcode situated on Derwent Terrace, Washington, NE38 with 12 addresses.
It ranks as the 582nd largest and 129th most expensive of the 2,018 postcodes in the NE38 area.
The postcode contains a total of 12 properties: 12 flats.
NE38 7BH is a residential postcode situated on Derwent Terrace, Washington, NE38 with 12 addresses.
It ranks as the 582nd largest and 129th most expensive of the 2,018 postcodes in the NE38 area.
The postcode contains a total of 12 properties: 12 flats.
Sale prices range from £59,589 for 2 bedroom Leasehold flats with a garden (764 ft2) to £64,939 for 2 bedroom Leasehold flats (764 ft2) .
Monthly rental prices range from £424 pcm for 2 bed flats to £428 pcm for 2 bed flats.
The gross rental yield is between 7.8% and 8.6%.
The average value per square foot is £85.
The current average value in the postcode is £64,493.
The NE38 7BH Sales Market has increased by 17.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £64,493 |
| April 2025 | 2.1% | £63,154 |
| April 2024 | 4.6% | £61,849 |
| April 2023 | -0.1% | £59,136 |
| April 2022 | 4.4% | £59,192 |
| April 2021 | 4.3% | £56,698 |
| April 2020 | 2.4% | £54,338 |
| April 2019 | 0.2% | £53,090 |
| April 2018 | -3.3% | £52,988 |
| April 2017 | -0.2% | £54,823 |
| April 2016 | 1.5% | £54,932 |
| April 2015 | 0.2% | £54,106 |
| April 2014 | 1.7% | £53,978 |
| April 2013 | -2% | £53,089 |
| April 2012 | -2.3% | £54,181 |
| April 2011 | -2.5% | £55,439 |
| April 2010 | -4.4% | £56,869 |
| April 2009 | -11.7% | £59,456 |
| April 2008 | 0.6% | £67,370 |
| April 2007 | 0% | £67,002 |
The current average rental value in the postcode is £425.
The NE38 7BH Rental Market has increased by 33.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £425pcm |
| April 2025 | 5% | £412pcm |
| April 2024 | 7.4% | £392pcm |
| April 2023 | 8% | £365pcm |
| April 2022 | 8% | £338pcm |
| April 2021 | 0.3% | £313pcm |
| April 2020 | 1.6% | £312pcm |
| April 2019 | -1.3% | £307pcm |
| April 2018 | -0.9% | £311pcm |
| April 2017 | -1.5% | £314pcm |
| April 2016 | -0.2% | £319pcm |
| April 2015 | -0.5% | £320pcm |
| April 2014 | -0.9% | £321pcm |
| April 2013 | -0.7% | £324pcm |
| April 2012 | -2.4% | £326pcm |
| April 2011 | 1.6% | £334pcm |
| April 2010 | -4% | £329pcm |
| April 2009 | -2.5% | £343pcm |
| April 2008 | 3.6% | £352pcm |
| April 2007 | 0% | £339pcm |
NE38 7BH is the 582nd largest and the 129th most expensive postcode out of the 2,018 postcodes in the NE38 area.
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The closest station to NE38 7BH is Chester-le-Street station which is 6.4 kilometres away.
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