NE38 8SW is a residential postcode situated on Birchfield, Washington, NE38 with 15 addresses.
It ranks as the 780th largest and 71st most expensive of the 2,018 postcodes in the NE38 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 15 properties: 3 houses and 12 flats.
NE38 8SW is a residential postcode situated on Birchfield, Washington, NE38 with 15 addresses.
It ranks as the 780th largest and 71st most expensive of the 2,018 postcodes in the NE38 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 15 properties: 3 houses and 12 flats.
Sale prices range from £44,412 for 1 bedroom leasehold flats (430 ft2) to £130,469 for 4 bedroom freehold houses with a garden (1,173 ft2) .
Monthly rental prices range from £316 pcm for 1 bed flats to £788 pcm for 4 bed houses.
The gross rental yield is between 7.2% and 8.8%.
The average value per square foot is £85.
The last sale in NE38 8SW sold for £48,000 on 10th December 2021. Since then prices are up an average of 9.9%.
The current average value in the postcode is £65,804.
The NE38 8SW Sales Market has increased by 20.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1% | £65,804 |
| April 2025 | 1.9% | £65,157 |
| April 2024 | 3.9% | £63,967 |
| April 2023 | 1.6% | £61,558 |
| April 2022 | 5.1% | £60,582 |
| April 2021 | 4.6% | £57,644 |
| April 2020 | 2.1% | £55,090 |
| April 2019 | 0.7% | £53,981 |
| April 2018 | -1.4% | £53,588 |
| April 2017 | -0.3% | £54,350 |
| April 2016 | 1.6% | £54,512 |
| April 2015 | 1.1% | £53,672 |
| April 2014 | 1.8% | £53,071 |
| April 2013 | -0.5% | £52,131 |
| April 2012 | -1.9% | £52,384 |
| April 2011 | -1.8% | £53,413 |
| April 2010 | -2.6% | £54,412 |
| April 2009 | -10.7% | £55,881 |
| April 2008 | 0.3% | £62,605 |
| April 2007 | 0% | £62,437 |
The current average rental value in the postcode is £460.
The NE38 8SW Rental Market has increased by 38.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £460pcm |
| April 2025 | 5.3% | £448pcm |
| April 2024 | 7.3% | £425pcm |
| April 2023 | 8.5% | £396pcm |
| April 2022 | 8.1% | £365pcm |
| April 2021 | 2% | £338pcm |
| April 2020 | 1.3% | £331pcm |
| April 2019 | -0.7% | £327pcm |
| April 2018 | 0.3% | £329pcm |
| April 2017 | -0.9% | £328pcm |
| April 2016 | -0.2% | £331pcm |
| April 2015 | 0.5% | £332pcm |
| April 2014 | -1.1% | £330pcm |
| April 2013 | 0.6% | £334pcm |
| April 2012 | -1.2% | £332pcm |
| April 2011 | 1.1% | £336pcm |
| April 2010 | -3.1% | £332pcm |
| April 2009 | -1.6% | £343pcm |
| April 2008 | 4% | £348pcm |
| April 2007 | 0% | £335pcm |
The last sale was on 10th December 2021 for £48,000 and since then the market in the area has increased by 9.9%. The postcode has had a total of 5 sales since 1995.
NE38 8SW has seen no sales in the last three years and no sales in the last twelve months.
NE38 8SW is the 780th largest and the 71st most expensive postcode out of the 2,018 postcodes in the NE38 area.
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The closest station to NE38 8SW is Chester-le-Street station which is 5.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around NE38 8SW, 48.2% of property is socially rented and 21.5% is privately owned with a mortgage.
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 8SW, 22.2% of residents are recorded as possessing school level qualifications and 15.2% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE38 8SW, the average age was 45.9 and the most common age was 62.
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 8SW, 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 8SW, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
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.
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