The Galleries - NE38 7RT
Key Postcode Insights
NE38 7RT is a residential postcode situated on The Galleries, Washington, NE38 with 9 addresses.
It ranks as the 421st largest and 1071st most expensive of the 2,018 postcodes in the NE38 area.
The postcode contains a total of 9 properties: 7 houses and 2 flats.
- Ave. Sale Price
- £113,026
- 10 Year change
- up 20.0%
- Ave. Rental Price
- £821pcm
- 10 Year change
- up 37.5%
- Ave. £ per ft²
- £125/ft²
- Ave. Gross Yield
- 8.7%/year/yr
Key Postcode Insights
NE38 7RT is a residential postcode situated on The Galleries, Washington, NE38 with 9 addresses.
It ranks as the 421st largest and 1071st most expensive of the 2,018 postcodes in the NE38 area.
The postcode contains a total of 9 properties: 7 houses and 2 flats.
- Ave. Sale Price
- £113,026
- 10 Year change
- up 20.0%
- Ave. Rental Price
- £821pcm
- 10 Year change
- up 37.5%
- Ave. £ per ft²
- £125/ft²
- Ave. Gross Yield
- 8.7%/year/yr
Explore Propertiesin NE38 7RT
- 72 The Galleries
Unknown
- 76 The Galleries
Unknown
- 79 The Galleries
Unknown
- 80 The Galleries
Building | 2 Flats
- 81A The Galleries
Unknown
Sales Market Trends
The current average value in the postcode is £113,026.
The NE38 7RT Sales Market has increased by 20.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.3% | £113,026 |
| June 2025 | 2.4% | £114,458 |
| June 2024 | 4% | £111,811 |
| June 2023 | 1% | £107,559 |
| June 2022 | 4.9% | £106,501 |
| June 2021 | 4.8% | £101,480 |
| June 2020 | 1.7% | £96,814 |
| June 2019 | 1.9% | £95,217 |
| June 2018 | -1.7% | £93,466 |
| June 2017 | 0.9% | £95,058 |
| June 2016 | 1.9% | £94,184 |
| June 2015 | 0.9% | £92,418 |
| June 2014 | 2.3% | £91,551 |
| June 2013 | -0.7% | £89,494 |
| June 2012 | -1.5% | £90,116 |
| June 2011 | -2.2% | £91,501 |
| June 2010 | 1.3% | £93,590 |
| June 2009 | -9.6% | £92,382 |
| June 2008 | -2.6% | £102,192 |
| June 2007 | 0% | £104,944 |
Rental Market Trends
The current average rental value in the postcode is £821.
The NE38 7RT Rental Market has increased by 37.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £821pcm |
| June 2025 | 3% | £801pcm |
| June 2024 | 8% | £777pcm |
| June 2023 | 7.9% | £719pcm |
| June 2022 | 7.9% | £667pcm |
| June 2021 | 1.4% | £618pcm |
| June 2020 | 2.4% | £609pcm |
| June 2019 | -0.8% | £595pcm |
| June 2018 | 0.8% | £600pcm |
| June 2017 | -0.3% | £595pcm |
| June 2016 | 0.5% | £597pcm |
| June 2015 | -0.4% | £594pcm |
| June 2014 | -0.3% | £596pcm |
| June 2013 | -1.6% | £598pcm |
| June 2012 | -0.9% | £608pcm |
| June 2011 | 1.3% | £613pcm |
| June 2010 | 2.2% | £605pcm |
| June 2009 | -2.2% | £592pcm |
| June 2008 | 3% | £605pcm |
| June 2007 | 0% | £587pcm |
Nearby Postcodes
NE38 7RT is the 421st largest and the 1071st most expensive postcode out of the 2,018 postcodes in the NE38 area.
- NE38 7SA, The Galleries, Washington, NE38NE38 7SA13 Addresses|0 m away
- NE38 7SB, The Galleries, Washington, NE38NE38 7SB7 Addresses|0 m away
- NE38 7SD, The Galleries, Washington, NE38NE38 7SD6 Addresses|0 m away
- NE38 7RR, The Galleries, Washington, NE38NE38 7RR3 Addresses|3 m away
- NE38 7PA, Talley Court, Washington, NE38NE38 7PA25 Addresses|259 m away
Property Types
- 9 other addresses of unknown type
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Jul 2001£99,950 | 2 Bed Flat36, The Galleries, Washington, NE38 7SB36, The Galleries, Washington, NE38 7SB
- Sold Mar 1998£72,000 | 2 Bed Flat36, The Galleries, Washington, NE38 7SB36, The Galleries, Washington, NE38 7SB
- Sold Mar 1996£62,500 | 2 Bed Flat36, The Galleries, Washington, NE38 7SB36, The Galleries, Washington, NE38 7SB
Schools Nearby
- Wessington Primary School500 m away
- St John Boste Catholic Primary School, Washington700 m away
- Biddick Primary School700 m away
- Oxclose Community Academy900 m away
- Washington Academy1.2 km away
- Biddick Academy1.3 km away
More reading links
Public Transport Nearby
The closest station to NE38 7RT is Chester-le-Street station, which is 5.8 kilometres away.
- Chester-le-Street|5.8 km away
- Heworth|6.0 km away
- Dunston|8.9 km away
- Manors|9.4 km away
