The Avenue - NE38 7LE
Key Postcode Insights
NE38 7LE is a residential postcode situated on The Avenue, Washington, NE38 with 49 addresses.
It ranks as the 773rd largest of the 2,018 postcodes in the NE38 area.
The postcode contains a total of 49 properties: 11 houses, 4 flats and 34 other properties.
- Ave. Sale Price
- £232,738
- 10 Year change
- up 19.8%
- Ave. Rental Price
- £1,299pcm
- 10 Year change
- up 34.9%
- Ave. £ per ft²
- £195/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
NE38 7LE is a residential postcode situated on The Avenue, Washington, NE38 with 49 addresses.
It ranks as the 773rd largest of the 2,018 postcodes in the NE38 area.
The postcode contains a total of 49 properties: 11 houses, 4 flats and 34 other properties.
- Ave. Sale Price
- £232,738
- 10 Year change
- up 19.8%
- Ave. Rental Price
- £1,299pcm
- 10 Year change
- up 34.9%
- Ave. £ per ft²
- £195/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin NE38 7LE
- Bowmore
Unknown
- Dame Margaret Hall
35 Units
- Lauraville
5 Bed Mid-century House
- Lethbridge
Unknown
- Northampton House
2 Bed Period Flat
Sales Market Trends
The last sale in NE38 7LE sold for £260,000 on 24th June 2022. Since then prices are up an average of 6.4%.
The current average value in the postcode is £232,738.
The NE38 7LE Sales Market has increased by 19.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.8% | £232,738 |
| June 2025 | 2.8% | £237,052 |
| June 2024 | 4.6% | £230,553 |
| June 2023 | 0.4% | £220,393 |
| June 2022 | 4.9% | £219,489 |
| June 2021 | 5.1% | £209,289 |
| June 2020 | 1.8% | £199,050 |
| June 2019 | 2% | £195,534 |
| June 2018 | -2.3% | £191,756 |
| June 2017 | 1% | £196,327 |
| June 2016 | 1.7% | £194,295 |
| June 2015 | 0.5% | £191,043 |
| June 2014 | 2.7% | £190,034 |
| June 2013 | -1.8% | £184,958 |
| June 2012 | -0.8% | £188,292 |
| June 2011 | -2.9% | £189,725 |
| June 2010 | 0.4% | £195,487 |
| June 2009 | -10.4% | £194,778 |
| June 2008 | -1.7% | £217,495 |
| June 2007 | 0% | £221,337 |
Rental Market Trends
The current average rental value in the postcode is £1,299.
The NE38 7LE Rental Market has increased by 34.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £1,299pcm |
| June 2025 | 2.4% | £1,271pcm |
| June 2024 | 8.3% | £1,242pcm |
| June 2023 | 8.1% | £1,147pcm |
| June 2022 | 7.8% | £1,061pcm |
| June 2021 | 0.5% | £984pcm |
| June 2020 | 2.3% | £979pcm |
| June 2019 | -1% | £957pcm |
| June 2018 | 0.7% | £966pcm |
| June 2017 | -0.4% | £959pcm |
| June 2016 | 0.6% | £963pcm |
| June 2015 | -1% | £957pcm |
| June 2014 | -0.2% | £967pcm |
| June 2013 | -2.4% | £969pcm |
| June 2012 | -1% | £993pcm |
| June 2011 | 1.5% | £1,003pcm |
| June 2010 | 2.8% | £989pcm |
| June 2009 | -2.6% | £962pcm |
| June 2008 | 3.1% | £988pcm |
| June 2007 | 0% | £958pcm |
Sales History
The last sale was on 24th June 2022 for £260,000 and since then the market in the area has increased by 6.4%. The postcode has had a total of 14 sales since 1995.
NE38 7LE has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jun 2022£260,000 | 3 Bed HouseThe Lodge, Dame Margaret Hall, The Avenue, Washington, NE38 7LEThe Lodge, Dame Margaret Hall, The Avenue, Washington, NE38 7LE
- Sold Apr 2020£1,375,000 | 3 Bed HouseThe Lodge, Dame Margaret Hall, The Avenue, Washington, NE38 7LEThe Lodge, Dame Margaret Hall, The Avenue, Washington, NE38 7LE
- Sold Nov 2019£135,000 | 3 Bed HouseThe Lodge, Dame Margaret Hall, The Avenue, Washington, NE38 7LEThe Lodge, Dame Margaret Hall, The Avenue, Washington, NE38 7LE
- Sold Mar 2017£420,000 | 5 Bed HouseLauraville, The Avenue, Washington, NE38 7LELauraville, The Avenue, Washington, NE38 7LE
- Sold Jul 2013£163,000 | 3 Bed House3, The Avenue, Washington, NE38 7LE3, The Avenue, Washington, NE38 7LE
Nearby Postcodes
NE38 7LE is the 773rd largest and the 1069th most expensive postcode out of the 2,018 postcodes in the NE38 area.
- NE38 7HT, Village Lane, Washington, NE38NE38 7HT1 Addresses|79 m away
- NE38 7UA, Liberty Green, Washington, NE38NE38 7UA25 Addresses|108 m away
- NE38 7HS, Village Lane, Washington, NE38NE38 7HS12 Addresses|151 m away
- NE38 7BF, The Avenue, Washington, NE38NE38 7BF16 Addresses|164 m away
- NE38 7BG, The Avenue, Washington, NE38NE38 7BG18 Addresses|164 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (3)
- G (0)
- D (2)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Apr 2020£1,375,000 | 3 Bed HouseThe Lodge, Dame Margaret Hall, The Avenue, Washington, NE38 7LEThe Lodge, Dame Margaret Hall, The Avenue, Washington, NE38 7LE
- Sold Apr 2020£1,375,000 | 2 Bed Flat8 The East Wing, Dame Margaret Hall, The Avenue, Washington, NE38 7BG8 The East Wing, Dame Margaret Hall, The Avenue, Washington, NE38 7BG
- Sold Apr 2020£1,375,000 | 2 Bed Flat5 The East Wing, Dame Margaret Hall, The Avenue, Washington, NE38 7BG5 The East Wing, Dame Margaret Hall, The Avenue, Washington, NE38 7BG
Schools Nearby
- St Joseph's Catholic Primary School, Washington200 m away
- Wessington Primary School500 m away
- John F Kennedy Primary School600 m away
- Washington Academy800 m away
- Biddick Academy1.2 km away
- St Robert of Newminster Catholic School and Sixth Form College, Washington1.7 km away
More reading links
Public Transport Nearby
The closest station to NE38 7LE is Heworth station, which is 6.0 kilometres away.
- Heworth|6.0 km away
- Chester-le-Street|6.6 km away
- Sunderland|8.6 km away
- Dunston|9.5 km away
