NE38 9ET is a residential postcode situated on Rickleton Village Centre, Washington, NE38 with 43 addresses.
It ranks as the 1837th largest and 167th 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 43 properties: 43 flats.
NE38 9ET is a residential postcode situated on Rickleton Village Centre, Washington, NE38 with 43 addresses.
It ranks as the 1837th largest and 167th 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 43 properties: 43 flats.
Sale prices range from £40,536 for studio leasehold flats (215 ft2) to £71,333 for 2 bedroom leasehold flats (764 ft2) .
Monthly rental prices range from £256 pcm for studio flats to £449 pcm for 2 bed flats.
The gross rental yield is between 7.6% and 7.8%.
The average value per square foot is £104.
The last sale in NE38 9ET sold for £39,000 on 22nd November 2024. Since then prices are up an average of 0.2%.
The current average value in the postcode is £63,564.
The NE38 9ET Sales Market has increased by 10.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.7% | £63,564 |
| April 2025 | 3% | £64,027 |
| April 2024 | 1.2% | £62,135 |
| April 2023 | 1.1% | £61,406 |
| April 2022 | 3.1% | £60,757 |
| April 2021 | 1.8% | £58,928 |
| April 2020 | 0.5% | £57,904 |
| April 2019 | 1.4% | £57,593 |
| April 2018 | -0.5% | £56,823 |
| April 2017 | -0.8% | £57,098 |
| April 2016 | 1.4% | £57,551 |
| April 2015 | 1.7% | £56,775 |
| April 2014 | -1.1% | £55,819 |
| April 2013 | 1.5% | £56,462 |
| April 2012 | -6.9% | £55,633 |
| April 2011 | 2.6% | £59,730 |
| April 2010 | -2.4% | £58,205 |
| April 2009 | -9.2% | £59,619 |
| April 2008 | -3% | £65,661 |
| April 2007 | 0% | £67,723 |
The current average rental value in the postcode is £413.
The NE38 9ET Rental Market has increased by 32.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £413pcm |
| April 2025 | 5.3% | £402pcm |
| April 2024 | 7.5% | £382pcm |
| April 2023 | 6.4% | £355pcm |
| April 2022 | 6% | £334pcm |
| April 2021 | 3.1% | £315pcm |
| April 2020 | 0.7% | £305pcm |
| April 2019 | -0.9% | £303pcm |
| April 2018 | -0.4% | £306pcm |
| April 2017 | -1.4% | £307pcm |
| April 2016 | -1.7% | £312pcm |
| April 2015 | 0.3% | £317pcm |
| April 2014 | -2.9% | £316pcm |
| April 2013 | -0.7% | £325pcm |
| April 2012 | -0.8% | £328pcm |
| April 2011 | -0.4% | £330pcm |
| April 2010 | -4.3% | £332pcm |
| April 2009 | -1.1% | £346pcm |
| April 2008 | 3.1% | £350pcm |
| April 2007 | 0% | £340pcm |
The last sale was on 22nd November 2024 for £39,000 and since then the market in the area has increased by 0.2%. The postcode has had a total of 30 sales since 1995.
NE38 9ET has seen 2 sales in the last three years and no sales in the last twelve months.
NE38 9ET is the 1837th largest and the 167th most expensive postcode out of the 2,018 postcodes in the NE38 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around NE38 9ET, 40.0% of property is privately owned outright and 29.2% is socially rented.
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 9ET, 7.9% of residents are recorded as possessing school level qualifications and 38.8% 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 9ET, 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 9ET, 1.3% 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 9ET, there are an average of 1.2 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.