The Galleries - NE38 7SB
Key Postcode Insights
NE38 7SB is a residential postcode situated on The Galleries, Washington, NE38 with 8 addresses.
It ranks as the 332nd largest and 110th most expensive of the 2,018 postcodes in the NE38 area.
The postcode contains a total of 8 properties: 7 flats and 1 other property.
- Ave. Sale Price
- £60,980
- 10 Year change
- up 12.2%
- Ave. Rental Price
- £450pcm
- 10 Year change
- up 28.5%
- Ave. £ per ft²
- £89/ft²
- Ave. Gross Yield
- 8.9%/year/yr
Key Postcode Insights
NE38 7SB is a residential postcode situated on The Galleries, Washington, NE38 with 8 addresses.
It ranks as the 332nd largest and 110th most expensive of the 2,018 postcodes in the NE38 area.
The postcode contains a total of 8 properties: 7 flats and 1 other property.
- Ave. Sale Price
- £60,980
- 10 Year change
- up 12.2%
- Ave. Rental Price
- £450pcm
- 10 Year change
- up 28.5%
- Ave. £ per ft²
- £89/ft²
- Ave. Gross Yield
- 8.9%/year/yr
Explore Propertiesin NE38 7SB
- 32 The Galleries
Unknown
- 35 The Galleries
Building | 2 Flats
- 36 The Galleries
Unknown
- 38 The Galleries
Building | 2 Flats
- 41 The Galleries
Unknown
Sales Market Trends
The last sale in NE38 7SB sold for £99,950 on 20th July 2001. Since then prices are down an average of 0.0%.
The current average value in the postcode is £60,980.
The NE38 7SB Sales Market has increased by 12.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £60,980 |
| June 2025 | 1.6% | £61,681 |
| June 2024 | 4.4% | £60,712 |
| June 2023 | 0% | £58,158 |
| June 2022 | 3.3% | £58,185 |
| June 2021 | 3.7% | £56,321 |
| June 2020 | 1.8% | £54,329 |
| June 2019 | 1.1% | £53,346 |
| June 2018 | -2.8% | £52,768 |
| June 2017 | -0.1% | £54,298 |
| June 2016 | 1.7% | £54,363 |
| June 2015 | 0.3% | £53,451 |
| June 2014 | 2% | £53,277 |
| June 2013 | -1.1% | £52,225 |
| June 2012 | -2.1% | £52,782 |
| June 2011 | -2.4% | £53,925 |
| June 2010 | -0.1% | £55,251 |
| June 2009 | -10.8% | £55,289 |
| June 2008 | -3.6% | £61,950 |
| June 2007 | 0% | £64,265 |
Rental Market Trends
The current average rental value in the postcode is £450.
The NE38 7SB Rental Market has increased by 28.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £450pcm |
| June 2025 | 2.2% | £439pcm |
| June 2024 | 8.5% | £429pcm |
| June 2023 | 6.8% | £396pcm |
| June 2022 | 6.2% | £370pcm |
| June 2021 | 0.3% | £349pcm |
| June 2020 | 2.6% | £348pcm |
| June 2019 | -1.6% | £339pcm |
| June 2018 | -0.4% | £344pcm |
| June 2017 | -1.3% | £346pcm |
| June 2016 | 0.3% | £350pcm |
| June 2015 | -1% | £349pcm |
| June 2014 | -0.6% | £353pcm |
| June 2013 | -2% | £355pcm |
| June 2012 | -1.5% | £362pcm |
| June 2011 | 1.2% | £368pcm |
| June 2010 | 0.8% | £363pcm |
| June 2009 | -3.4% | £360pcm |
| June 2008 | 2% | £373pcm |
| June 2007 | 0% | £366pcm |
Sales History
The last sale was on 20th July 2001 for £99,950 and since then the market in the area has remained stable. The postcode has had a total of 3 sales since 1995.
NE38 7SB has seen no sales in the last three years and no sales in the last twelve months.
- 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
Nearby Postcodes
NE38 7SB is the 332nd largest and the 110th most expensive postcode out of the 2,018 postcodes in the NE38 area.
- NE38 7RT, The Galleries, Washington, NE38NE38 7RT9 Addresses|0 m away
- NE38 7SA, The Galleries, Washington, NE38NE38 7SA13 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
- 8 other addresses of unknown type
- Unknown (8)
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 (7)
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 7SB 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
