NE38 8BL is a residential postcode situated on Belvoir Close, Washington, NE38 with 8 addresses.
It ranks as the 376th largest and 1211th most expensive of the 2,018 postcodes in the NE38 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 8 properties: 7 houses and 1 flat.
NE38 8BL is a residential postcode situated on Belvoir Close, Washington, NE38 with 8 addresses.
It ranks as the 376th largest and 1211th most expensive of the 2,018 postcodes in the NE38 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 8 properties: 7 houses and 1 flat.
Sale prices range from £130,136 for 2 bedroom Leasehold flats (731 ft2) to £243,285 for 4 bedroom freehold houses with a garden (1,573 ft2) .
Monthly rental prices range from £688 pcm for 2 bed flats to £1,126 pcm for 4 bed houses.
The gross rental yield is between 5.6% and 6.9%.
The average value per square foot is £210.
The last sale in NE38 8BL sold for £100,000 on 11th March 2022. Since then prices are up an average of 10.9%.
The current average value in the postcode is £168,603.
The NE38 8BL Sales Market has increased by 24.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.3% | £168,603 |
| April 2025 | 2% | £166,360 |
| April 2024 | 4.4% | £163,062 |
| April 2023 | 1.5% | £156,158 |
| April 2022 | 5.2% | £153,869 |
| April 2021 | 5.5% | £146,311 |
| April 2020 | 2.3% | £138,718 |
| April 2019 | 0.9% | £135,584 |
| April 2018 | -1.4% | £134,327 |
| April 2017 | 0.7% | £136,288 |
| April 2016 | 2.6% | £135,297 |
| April 2015 | 1.7% | £131,845 |
| April 2014 | 2.8% | £129,597 |
| April 2013 | 0.3% | £126,100 |
| April 2012 | -0.9% | £125,769 |
| April 2011 | -1.7% | £126,887 |
| April 2010 | -1.6% | £129,085 |
| April 2009 | -10.8% | £131,191 |
| April 2008 | 1.1% | £147,105 |
| April 2007 | 0% | £145,470 |
The current average rental value in the postcode is £867.
The NE38 8BL Rental Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £867pcm |
| April 2025 | 5% | £847pcm |
| April 2024 | 7.3% | £807pcm |
| April 2023 | 9.7% | £752pcm |
| April 2022 | 8.6% | £685pcm |
| April 2021 | 1.5% | £631pcm |
| April 2020 | 1.5% | £622pcm |
| April 2019 | -0.5% | £613pcm |
| April 2018 | 0.9% | £616pcm |
| April 2017 | -0.5% | £610pcm |
| April 2016 | 0.9% | £613pcm |
| April 2015 | 1.1% | £608pcm |
| April 2014 | 0% | £601pcm |
| April 2013 | 1.7% | £601pcm |
| April 2012 | -1% | £591pcm |
| April 2011 | 2.4% | £597pcm |
| April 2010 | -1.5% | £583pcm |
| April 2009 | -1.4% | £592pcm |
| April 2008 | 4.2% | £600pcm |
| April 2007 | 0% | £576pcm |
The last sale was on 11th March 2022 for £100,000 and since then the market in the area has increased by 10.9%. The postcode has had a total of 13 sales since 1995.
NE38 8BL has seen no sales in the last three years and no sales in the last twelve months.
NE38 8BL is the 376th largest and the 1211th most expensive postcode out of the 2,018 postcodes in the NE38 area.
Be the first Estate
Agent here!
The closest station to NE38 8BL is Chester-le-Street station which is 6.9 kilometres away.
Be the first Estate
Agent here!
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NE38 8BL, % of property is and % is .
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE38 8BL, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE38 8BL, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE38 8BL, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.