Avon Terrace - NE38 7LZ
Key Postcode Insights
NE38 7LZ is a residential postcode situated on Avon Terrace, Washington, NE38 with 18 addresses.
It ranks as the 927th largest and 305th most expensive of the 2,018 postcodes in the NE38 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 18 properties: 3 houses and 15 flats.
- Ave. Sale Price
- £100,725
- 10 Year change
- up 22.5%
- Ave. Rental Price
- £589pcm
- 10 Year change
- up 38.0%
- Ave. £ per ft²
- £146/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
NE38 7LZ is a residential postcode situated on Avon Terrace, Washington, NE38 with 18 addresses.
It ranks as the 927th largest and 305th most expensive of the 2,018 postcodes in the NE38 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 18 properties: 3 houses and 15 flats.
- Ave. Sale Price
- £100,725
- 10 Year change
- up 22.5%
- Ave. Rental Price
- £589pcm
- 10 Year change
- up 38.0%
- Ave. £ per ft²
- £146/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin NE38 7LZ
- 23 Avon Terrace
2 Bed Mid-century House
- 24 Avon Terrace
2 Bed Mid-century Flat
- 25 Avon Terrace
2 Bed Mid-century Flat
- 26 Avon Terrace
Unknown
- 27 Avon Terrace
Unknown
Sales Market Trends
The last sale in NE38 7LZ sold for £67,750 on 16th July 2010. Since then prices are up an average of 11.7%.
The current average value in the postcode is £100,725.
The NE38 7LZ Sales Market has increased by 22.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £100,725 |
| June 2025 | 3.7% | £102,355 |
| June 2024 | 4.7% | £98,703 |
| June 2023 | 0% | £94,316 |
| June 2022 | 6% | £94,305 |
| June 2021 | 5.9% | £88,983 |
| June 2020 | 1.6% | £84,062 |
| June 2019 | 2% | £82,731 |
| June 2018 | -2.5% | £81,087 |
| June 2017 | 1.1% | £83,139 |
| June 2016 | 1.6% | £82,238 |
| June 2015 | 0.1% | £80,962 |
| June 2014 | 2.6% | £80,888 |
| June 2013 | -1.9% | £78,874 |
| June 2012 | -0.9% | £80,364 |
| June 2011 | -3.6% | £81,114 |
| June 2010 | -0.7% | £84,112 |
| June 2009 | -10.8% | £84,737 |
| June 2008 | -1.5% | £94,971 |
| June 2007 | 0% | £96,398 |
Rental Market Trends
The current average rental value in the postcode is £589.
The NE38 7LZ Rental Market has increased by 38.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £589pcm |
| June 2025 | 3.3% | £575pcm |
| June 2024 | 8.3% | £556pcm |
| June 2023 | 7.7% | £514pcm |
| June 2022 | 8.9% | £477pcm |
| June 2021 | 1.2% | £438pcm |
| June 2020 | 2.1% | £433pcm |
| June 2019 | -0.9% | £424pcm |
| June 2018 | 0.6% | £428pcm |
| June 2017 | -0.4% | £425pcm |
| June 2016 | 0.5% | £427pcm |
| June 2015 | -1.5% | £424pcm |
| June 2014 | -0.3% | £431pcm |
| June 2013 | -2.5% | £432pcm |
| June 2012 | -1.2% | £444pcm |
| June 2011 | 0.8% | £449pcm |
| June 2010 | 1.6% | £445pcm |
| June 2009 | -3% | £438pcm |
| June 2008 | 3.4% | £451pcm |
| June 2007 | 0% | £437pcm |
Sales History
The last sale was on 16th July 2010 for £67,750 and since then the market in the area has increased by 11.7%. The postcode has had a total of 2 sales since 1995.
NE38 7LZ has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
NE38 7LZ is the 927th largest and the 305th most expensive postcode out of the 2,018 postcodes in the NE38 area.
- NE38 8LZ, Railway Terrace, Washington, NE38NE38 8LZ7 Addresses|38 m away
- NE38 8NF, Bell Street, Washington, NE38NE38 8NF4 Addresses|38 m away
- NE38 7ER, Oak Street, Washington, NE38NE38 7ER14 Addresses|49 m away
- NE38 8LY, Station Road, Washington, NE38NE38 8LY3 Addresses|51 m away
- NE38 7BE, Station Road, Washington, NE38NE38 7BE7 Addresses|54 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 12 mid-century flats built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century house (2)
- mid-century flat (12)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (9)
- G (0)
- D (4)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Mar 2021£80,000 | 3 Bed House17, Avon Terrace, Washington, NE38 7LY17, Avon Terrace, Washington, NE38 7LY
- Sold Jun 2003£77,950 | 3 Bed House9, Avon Terrace, Washington, NE38 7LY9, Avon Terrace, Washington, NE38 7LY
- Sold Sep 2016£75,000 | 3 Bed House17, Avon Terrace, Washington, NE38 7LY17, Avon Terrace, Washington, NE38 7LY
Schools Nearby
- John F Kennedy Primary School400 m away
- Barmston Village Primary School700 m away
- Biddick Primary School900 m away
- Biddick Academy700 m away
- St Robert of Newminster Catholic School and Sixth Form College, Washington1.1 km away
- Washington Academy1.7 km away
More reading links
Public Transport Nearby
The closest station to NE38 7LZ is Chester-le-Street station, which is 6.3 kilometres away.
- Chester-le-Street|6.3 km away
- Heworth|7.0 km away
- Sunderland|8.2 km away
- Dunston|10.4 km away
