Western Way - NE40 3LR
Key Postcode Insights
NE40 3LR is a residential postcode situated on Western Way, Ryton, NE40 with 43 addresses.
It ranks as the 466th largest and 346th most expensive of the 499 postcodes in the NE40 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 43 properties: 43 houses.
- Ave. Sale Price
- £247,205
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £1,364pcm
- 10 Year change
- up 60.8%
- Ave. £ per ft²
- £225/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
NE40 3LR is a residential postcode situated on Western Way, Ryton, NE40 with 43 addresses.
It ranks as the 466th largest and 346th most expensive of the 499 postcodes in the NE40 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 43 properties: 43 houses.
- Ave. Sale Price
- £247,205
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £1,364pcm
- 10 Year change
- up 60.8%
- Ave. £ per ft²
- £225/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin NE40 3LR
- 1 Western Way
4 Bed Mid-century House
- 2 Western Way
4 Bed Mid-century House
- 3 Western Way
3 Bed Mid-century House
- 4 Western Way
Unknown
- 5 Western Way
Unknown
Sales Market Trends
The last sale in NE40 3LR sold for £290,000 on 26th June 2025. Since then prices are up an average of 1.0%.
The current average value in the postcode is £247,205.
The NE40 3LR Sales Market has increased by 27.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £247,205 |
| June 2025 | 3.3% | £245,300 |
| June 2024 | -0.9% | £237,560 |
| June 2023 | 3.1% | £239,659 |
| June 2022 | 9.1% | £232,387 |
| June 2021 | 5.1% | £212,955 |
| June 2020 | 3.9% | £202,588 |
| June 2019 | -3% | £194,910 |
| June 2018 | 5% | £200,880 |
| June 2017 | -0.9% | £191,395 |
| June 2016 | 2.5% | £193,206 |
| June 2015 | 4.8% | £188,517 |
| June 2014 | 1.1% | £179,916 |
| June 2013 | -0.6% | £178,008 |
| June 2012 | 0.5% | £179,118 |
| June 2011 | -2.5% | £178,270 |
| June 2010 | 4% | £182,822 |
| June 2009 | -7% | £175,836 |
| June 2008 | -0.9% | £189,038 |
| June 2007 | 0% | £190,769 |
Rental Market Trends
The current average rental value in the postcode is £1,364.
The NE40 3LR Rental Market has increased by 60.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.2% | £1,364pcm |
| June 2025 | 5.3% | £1,347pcm |
| June 2024 | 9.6% | £1,279pcm |
| June 2023 | 12.7% | £1,167pcm |
| June 2022 | 10.1% | £1,036pcm |
| June 2021 | 4.5% | £941pcm |
| June 2020 | 2.7% | £901pcm |
| June 2019 | 0.9% | £877pcm |
| June 2018 | 1% | £870pcm |
| June 2017 | 1.6% | £861pcm |
| June 2016 | 2.9% | £848pcm |
| June 2015 | 3.6% | £825pcm |
| June 2014 | 2.2% | £796pcm |
| June 2013 | 1.5% | £779pcm |
| June 2012 | 2.5% | £767pcm |
| June 2011 | 3.9% | £748pcm |
| June 2010 | 5.6% | £720pcm |
| June 2009 | -2.5% | £682pcm |
| June 2008 | 1.2% | £700pcm |
| June 2007 | 0% | £691pcm |
Sales History
The last sale was on 26th June 2025 for £290,000 and since then the market in the area has increased by 1.0%. The postcode has had a total of 37 sales since 1995.
NE40 3LR has seen 5 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2025£290,000 | 4 Bed House2, Western Way, Ryton, NE40 3LR2, Western Way, Ryton, NE40 3LR
- Sold Jun 2025£212,000 | 3 Bed House3, Western Way, Ryton, NE40 3LR3, Western Way, Ryton, NE40 3LR
- Sold Oct 2024£240,000 | 3 Bed House30, Western Way, Ryton, NE40 3LR30, Western Way, Ryton, NE40 3LR
- Sold Jun 2023£280,000 | 4 Bed House8, Western Way, Ryton, NE40 3LR8, Western Way, Ryton, NE40 3LR
- Sold Apr 2023£182,000 | 3 Bed House29, Western Way, Ryton, NE40 3LR29, Western Way, Ryton, NE40 3LR
Nearby Postcodes
NE40 3LR is the 466th largest and the 346th most expensive postcode out of the 499 postcodes in the NE40 area.
- NE40 3LQ, Grange Court, Ryton, NE40NE40 3LQ6 Addresses|70 m away
- NE40 3LG, Grange Drive, Ryton, NE40NE40 3LG10 Addresses|82 m away
- NE40 3NH, The Mount, Ryton, NE40NE40 3NH13 Addresses|88 m away
- NE40 3LH, Southern Way, Ryton, NE40NE40 3LH3 Addresses|115 m away
- NE40 3LN, The Ridge, Ryton, NE40NE40 3LN14 Addresses|132 m away
Property Types
- 26 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 16 other addresses of unknown type
- mid-century house (26)
- house (1)
- Unknown (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 26 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (1)
- F (0)
- C (8)
- G (0)
- D (15)
- No EPC (17)
Top 3 Most Expensive Sales
Schools Nearby
- Ryton Community Infant School800 m away
- Ryton Junior School900 m away
- Crookhill Community Primary School1.1 km away
- Thorp Academy700 m away
- St Thomas More Catholic School, Blaydon2.8 km away
- Walbottle Academy3.3 km away
More reading links
Public Transport Nearby
The closest station to NE40 3LR is Wylam station, which is 3.2 kilometres away.
- Wylam|3.2 km away
- Blaydon|3.3 km away
- MetroCentre|6.4 km away
- Prudhoe|6.5 km away
