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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE38 8LZHouse Prices / North East, Sunderland, Railway Terrace
Last updated May 2026
Key Postcode Insights
NE38 8LZ is a residential postcode situated on Railway Terrace, Washington, NE38 with 7 addresses.
It ranks as the 334th largest and 261st most expensive of the 2,018 postcodes in the NE38 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 7 properties: 2 houses and 5 flats.
7
Properties
- Houses
- Flats
Key Postcode Insights
NE38 8LZ is a residential postcode situated on Railway Terrace, Washington, NE38 with 7 addresses.
It ranks as the 334th largest and 261st most expensive of the 2,018 postcodes in the NE38 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 7 properties: 2 houses and 5 flats.
7
Properties
- Houses
- Flats
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House Pricesin NE38 8LZ
Sale prices range from £59,589 for 2 bedroom leasehold flats with a garden (505 ft2) to £279,841 for 5 bedroom freehold houses with a garden (2,206 ft2) .
Monthly rental prices range from £428 pcm for 2 bed flats to £1,412 pcm for 5 bed houses.
The gross rental yield is between 6.1% and 8.6%.
The average value per square foot is £88.
Average Sale Value
£122,068
Average Rental Value
£700 pcm
Average Rental Yield
6.9% /year
Average Value Per Sqft
£88 /ft2
Sales Market Trendsin NE38 8LZ
The last sale in NE38 8LZ sold for £35,000 on 29th June 2021. Since then prices are down an average of 0.0%.
The current average value in the postcode is £122,068.
The NE38 8LZ Sales Market has increased by 20.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £122,068 |
| April 2025 | 1.8% | £120,093 |
| April 2024 | 4.6% | £117,915 |
| April 2023 | 0.8% | £112,759 |
| April 2022 | 4.3% | £111,887 |
| April 2021 | 4.8% | £107,324 |
| April 2020 | 2.3% | £102,410 |
| April 2019 | 0.6% | £100,100 |
| April 2018 | -2.4% | £99,520 |
| April 2017 | 0.3% | £101,987 |
| April 2016 | 2.3% | £101,687 |
| April 2015 | 1.2% | £99,430 |
| April 2014 | 2.3% | £98,203 |
| April 2013 | -1.1% | £96,013 |
| April 2012 | -1.5% | £97,055 |
| April 2011 | -1.6% | £98,485 |
| April 2010 | -2.8% | £100,052 |
| April 2009 | -11% | £102,923 |
| April 2008 | 0.5% | £115,648 |
| April 2007 | 0% | £115,081 |
Rental Market Trendsin NE38 8LZ
The current average rental value in the postcode is £700.
The NE38 8LZ Rental Market has increased by 36.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £700pcm |
| April 2025 | 4.7% | £682pcm |
| April 2024 | 7.5% | £652pcm |
| April 2023 | 8.9% | £606pcm |
| April 2022 | 7.8% | £557pcm |
| April 2021 | 0.8% | £516pcm |
| April 2020 | 1.5% | £512pcm |
| April 2019 | -0.9% | £505pcm |
| April 2018 | 0% | £509pcm |
| April 2017 | -1% | £509pcm |
| April 2016 | 0.6% | £514pcm |
| April 2015 | 0.5% | £511pcm |
| April 2014 | -0.3% | £509pcm |
| April 2013 | 0.3% | £510pcm |
| April 2012 | -1.5% | £509pcm |
| April 2011 | 2.6% | £517pcm |
| April 2010 | -2.5% | £504pcm |
| April 2009 | -1.7% | £517pcm |
| April 2008 | 3.6% | £526pcm |
| April 2007 | 0% | £508pcm |
Properties and Buildingsin NE38 8LZ, Railway Terrace, Washington, NE38
- 1, Railway Terrace, Washington, NE38 Period building2 units
- 2A, Railway Terrace, Washington, NE38 8LZ3 bed period flat
- 3, Railway Terrace, Washington, NE38 8LZ5 bed period house
- 4, Railway Terrace, Washington, NE38 8LZ
- 5, Railway Terrace, Washington, NE38 8LZ2 bed period flat
- 6, Railway Terrace, Washington, NE38 8LZ3 bed period flat
Sales Historyin NE38 8LZ
The last sale was on 29th June 2021 for £35,000 and since then the market in the area has remained stable. The postcode has had a total of 6 sales since 1995.
NE38 8LZ has seen no sales in the last three years and no sales in the last twelve months.
Sold Jun 2021£35,000 | 3 Bed FlatRailway Terrace6, Railway Terrace, Washington, NE38 8LZ
Sold Jan 2020£51,000 | 3 Bed FlatRailway Terrace6, Railway Terrace, Washington, NE38 8LZ
Sold Aug 2004£150,000 | 5 Bed HouseRailway Terrace4, Railway Terrace, Washington, NE38 8LZ
Sold Dec 1999£25,500 | 3 Bed FlatRailway Terrace6, Railway Terrace, Washington, NE38 8LZ
Sold Feb 1998£29,367 | 3 Bed FlatRailway Terrace6, Railway Terrace, Washington, NE38 8LZ
Sold Jan 1995£57,000 | 5 Bed HouseRailway Terrace4, Railway Terrace, Washington, NE38 8LZ
Nearby Postcodesto NE38 8LZ
NE38 8LZ is the 334th largest and the 261st most expensive postcode out of the 2,018 postcodes in the NE38 area.
- 26 mNE38 8NF, Bell Street, Washington, NE38NE38 8NF4 Addresses
- 38 mNE38 7LZ, Avon Terrace, Washington, NE38NE38 7LZ18 Addresses
- 55 mNE38 7ER, Oak Street, Washington, NE38NE38 7ER14 Addresses
- 56 mNE38 8LY, Station Road, Washington, NE38NE38 8LY3 Addresses
- 86 mNE38 8LX, Station Road, Washington, NE38NE38 8LX1 Addresses
- 87 mNE38 7BW, Albert Place, Washington, NE38NE38 7BW24 Addresses
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Property Typesin NE38 8LZ
- 1 period house built between 1800 and 1911
- 5 period flats built between 1800 and 1911
- 1 other address of unknown type
- period house (1)
- period flat (5)
- Unknown (1)
Energy Efficiencyof properties in NE38 8LZ
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (3)
- No EPC (1)
Top 3 Most Expensive Saleson Railway Terrace
Schools Nearbyto NE38 8LZ
The nearest primary school to NE38 8LZ is John F Kennedy Primary School which is 459 metres away.
- 459mJohn F Kennedy Primary School
- 710mBarmston Village Primary School
- 966mBiddick Primary School
The nearest secondary school is Biddick Academy which is 739 metres away.
- 739mBiddick Academy
- 1.1kmSt Robert of Newminster Catholic School and Sixth Form College, Washington
- 1.8kmWashington Academy
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Public Transport Nearbyto NE38 8LZ
The closest station to NE38 8LZ is Chester-le-Street station which is 6.3 kilometres away.
- 6.3kmChester-le-Street
- 7.0kmHeworth
- 8.1kmSunderland
- 10.5kmDunston
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