Spout Lane - NE38 7HP
Key Postcode Insights
NE38 7HP is a residential postcode situated on Spout Lane, Washington, NE38 with 8 addresses.
It ranks as the 373rd largest and 1529th most expensive of the 2,018 postcodes in the NE38 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 8 properties: 6 houses and 2 flats.
- Ave. Sale Price
- £202,129
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £1,117pcm
- 10 Year change
- up 37.9%
- Ave. £ per ft²
- £147/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
NE38 7HP is a residential postcode situated on Spout Lane, Washington, NE38 with 8 addresses.
It ranks as the 373rd largest and 1529th most expensive of the 2,018 postcodes in the NE38 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 8 properties: 6 houses and 2 flats.
- Ave. Sale Price
- £202,129
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £1,117pcm
- 10 Year change
- up 37.9%
- Ave. £ per ft²
- £147/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin NE38 7HP
- Knarsdale House
Unknown
- The Laurels
4 Bed Period House
- The Manse
5 Bed Period House
- 35 Spout Lane
Building | 2 Flats
- 37 Spout Lane
3 Bed Period House
Sales Market Trends
The last sale in NE38 7HP sold for £98,000 on 22nd November 2024. Since then prices are up an average of 10.4%.
The current average value in the postcode is £202,129.
The NE38 7HP Sales Market has increased by 21.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.7% | £202,129 |
| June 2025 | 2.5% | £205,608 |
| June 2024 | 4.3% | £200,621 |
| June 2023 | 1.2% | £192,389 |
| June 2022 | 5% | £190,194 |
| June 2021 | 5.1% | £181,167 |
| June 2020 | 1.8% | £172,352 |
| June 2019 | 2.3% | £169,233 |
| June 2018 | -1.7% | £165,424 |
| June 2017 | 1.5% | £168,360 |
| June 2016 | 2% | £165,926 |
| June 2015 | 1.2% | £162,719 |
| June 2014 | 2.9% | £160,864 |
| June 2013 | -1.3% | £156,262 |
| June 2012 | -0.7% | £158,350 |
| June 2011 | -2.4% | £159,429 |
| June 2010 | 1.8% | £163,314 |
| June 2009 | -9.8% | £160,360 |
| June 2008 | -1.6% | £177,719 |
| June 2007 | 0% | £180,648 |
Rental Market Trends
The current average rental value in the postcode is £1,117.
The NE38 7HP Rental Market has increased by 37.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £1,117pcm |
| June 2025 | 2.3% | £1,092pcm |
| June 2024 | 8.1% | £1,067pcm |
| June 2023 | 8.7% | £987pcm |
| June 2022 | 7.9% | £908pcm |
| June 2021 | 0.8% | £842pcm |
| June 2020 | 2.4% | £835pcm |
| June 2019 | -0.6% | £815pcm |
| June 2018 | 1.2% | £820pcm |
| June 2017 | 0% | £810pcm |
| June 2016 | 0.8% | £810pcm |
| June 2015 | -0.4% | £803pcm |
| June 2014 | 0.1% | £806pcm |
| June 2013 | -2% | £805pcm |
| June 2012 | -0.7% | £822pcm |
| June 2011 | 1.9% | £828pcm |
| June 2010 | 3.9% | £813pcm |
| June 2009 | -2% | £782pcm |
| June 2008 | 3.5% | £798pcm |
| June 2007 | 0% | £772pcm |
Sales History
The last sale was on 22nd November 2024 for £98,000 and since then the market in the area has increased by 10.4%. The postcode has had a total of 11 sales since 1995.
NE38 7HP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2024£98,000 | 3 Bed House39, Spout Lane, Washington, NE38 7HP39, Spout Lane, Washington, NE38 7HP
- Sold Nov 2021£102,000 | 3 Bed House37, Spout Lane, Washington, NE38 7HP37, Spout Lane, Washington, NE38 7HP
- Sold Jul 2020£330,000 | 5 Bed HouseThe Manse, Spout Lane, Washington, NE38 7HPThe Manse, Spout Lane, Washington, NE38 7HP
- Sold Aug 2016£212,055 | 5 Bed HouseThe Manse, Spout Lane, Washington, NE38 7HPThe Manse, Spout Lane, Washington, NE38 7HP
- Sold Jul 2009£195,000 | 4 Bed HouseThe Laurels, Spout Lane, Washington, NE38 7HPThe Laurels, Spout Lane, Washington, NE38 7HP
Nearby Postcodes
NE38 7HP is the 373rd largest and the 1529th most expensive postcode out of the 2,018 postcodes in the NE38 area.
- NE38 7JL, Valley Forge, Washington, NE38NE38 7JL3 Addresses|59 m away
- NE38 7HN, Spout Lane, Washington, NE38NE38 7HN5 Addresses|62 m away
- NE38 7HR, Musgrave Terrace, Washington, NE38NE38 7HR21 Addresses|82 m away
- NE38 7HW, The Green, Washington, NE38NE38 7HW1 Addresses|85 m away
- NE38 7NA, White Ladies Close, Washington, NE38NE38 7NA49 Addresses|85 m away
Property Types
- 4 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 2 other addresses of unknown type
- period house (4)
- period flat (2)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (2)
- G (0)
- D (2)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jul 2020£330,000 | 5 Bed HouseThe Manse, Spout Lane, Washington, NE38 7HPThe Manse, Spout Lane, Washington, NE38 7HP
- Sold Apr 2024£230,000 | 5 Bed House31, Spout Lane, Washington, NE38 7HN31, Spout Lane, Washington, NE38 7HN
- Sold Aug 2016£212,055 | 5 Bed HouseThe Manse, Spout Lane, Washington, NE38 7HPThe Manse, Spout Lane, Washington, NE38 7HP
Schools Nearby
- St Joseph's Catholic Primary School, Washington200 m away
- Wessington Primary School600 m away
- Barmston Village Primary School800 m away
- Washington Academy500 m away
- Biddick Academy1.5 km away
- St Robert of Newminster Catholic School and Sixth Form College, Washington1.9 km away
More reading links
Public Transport Nearby
The closest station to NE38 7HP is Heworth station, which is 5.7 kilometres away.
- Heworth|5.7 km away
- Chester-le-Street|6.7 km away
- Sunderland|8.8 km away
- Dunston|9.3 km away
