Western Way - NE40 3LS
Key Postcode Insights
NE40 3LS is a residential postcode situated on Western Way, Ryton, NE40 with 8 addresses.
It ranks as the 182nd largest and 318th 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 8 properties: 8 houses.
- Ave. Sale Price
- £213,991
- 10 Year change
- up 29.2%
- Ave. Rental Price
- £1,247pcm
- 10 Year change
- up 62.3%
- Ave. £ per ft²
- £285/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
NE40 3LS is a residential postcode situated on Western Way, Ryton, NE40 with 8 addresses.
It ranks as the 182nd largest and 318th 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 8 properties: 8 houses.
- Ave. Sale Price
- £213,991
- 10 Year change
- up 29.2%
- Ave. Rental Price
- £1,247pcm
- 10 Year change
- up 62.3%
- Ave. £ per ft²
- £285/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin NE40 3LS
- 44 Western Way
3 Bed Mid-century House
- 45 Western Way
3 Bed Mid-century House
- 46 Western Way
Unknown
- 47 Western Way
3 Bed Mid-century House
- 48 Western Way
3 Bed Mid-century House
Sales Market Trends
The last sale in NE40 3LS sold for £210,000 on 6th November 2024. Since then prices are up an average of 5.9%.
The current average value in the postcode is £213,991.
The NE40 3LS Sales Market has increased by 29.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.3% | £213,991 |
| June 2025 | 3.5% | £211,257 |
| June 2024 | -0.8% | £204,039 |
| June 2023 | 2.9% | £205,616 |
| June 2022 | 9.4% | £199,815 |
| June 2021 | 5.3% | £182,599 |
| June 2020 | 4.1% | £173,332 |
| June 2019 | -3.1% | £166,563 |
| June 2018 | 4.8% | £171,849 |
| June 2017 | -1% | £163,975 |
| June 2016 | 2.5% | £165,654 |
| June 2015 | 4.6% | £161,670 |
| June 2014 | 1.1% | £154,490 |
| June 2013 | -0.7% | £152,808 |
| June 2012 | 0.4% | £153,917 |
| June 2011 | -2.9% | £153,315 |
| June 2010 | 3.3% | £157,814 |
| June 2009 | -7.5% | £152,720 |
| June 2008 | -1.2% | £165,135 |
| June 2007 | 0% | £167,086 |
Rental Market Trends
The current average rental value in the postcode is £1,247.
The NE40 3LS Rental Market has increased by 62.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,247pcm |
| June 2025 | 5.6% | £1,226pcm |
| June 2024 | 9.7% | £1,161pcm |
| June 2023 | 12.4% | £1,058pcm |
| June 2022 | 10.4% | £941pcm |
| June 2021 | 4.7% | £853pcm |
| June 2020 | 2.8% | £814pcm |
| June 2019 | 0.8% | £792pcm |
| June 2018 | 0.8% | £786pcm |
| June 2017 | 1.5% | £780pcm |
| June 2016 | 2.8% | £768pcm |
| June 2015 | 3.5% | £747pcm |
| June 2014 | 2.3% | £722pcm |
| June 2013 | 1.4% | £706pcm |
| June 2012 | 2.4% | £696pcm |
| June 2011 | 3.5% | £680pcm |
| June 2010 | 4.9% | £657pcm |
| June 2009 | -3.1% | £626pcm |
| June 2008 | 0.9% | £646pcm |
| June 2007 | 0% | £640pcm |
Sales History
The last sale was on 6th November 2024 for £210,000 and since then the market in the area has increased by 5.9%. The postcode has had a total of 11 sales since 1995.
NE40 3LS has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2024£210,000 | 3 Bed House45, Western Way, Ryton, NE40 3LS45, Western Way, Ryton, NE40 3LS
- Sold Jul 2023£185,000 | 3 Bed House51, Western Way, Ryton, NE40 3LS51, Western Way, Ryton, NE40 3LS
- Sold May 2016£197,500 | 3 Bed House44, Western Way, Ryton, NE40 3LS44, Western Way, Ryton, NE40 3LS
- Sold May 2015£145,000 | 3 Bed House44, Western Way, Ryton, NE40 3LS44, Western Way, Ryton, NE40 3LS
- Sold May 2014£173,000 | 3 Bed House47, Western Way, Ryton, NE40 3LS47, Western Way, Ryton, NE40 3LS
Nearby Postcodes
NE40 3LS is the 182nd largest and the 318th most expensive postcode out of the 499 postcodes in the NE40 area.
- NE40 3LP, Grange Crescent, Ryton, NE40NE40 3LP15 Addresses|61 m away
- NE40 3LW, South Close, Ryton, NE40NE40 3LW7 Addresses|85 m away
- NE40 3LN, The Ridge, Ryton, NE40NE40 3LN14 Addresses|119 m away
- NE40 3NG, Woodside Way, Ryton, NE40NE40 3NG48 Addresses|122 m away
- NE40 3FH, Skylark Grove, Ryton, NE40NE40 3FH63 Addresses|125 m away
Property Types
- 6 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century house (6)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (4)
- No EPC (2)
Top 3 Most Expensive Sales
Schools Nearby
- Ryton Community Infant School600 m away
- Ryton Junior School800 m away
- Crookhill Community Primary School1.3 km away
- Thorp Academy600 m away
- St Thomas More Catholic School, Blaydon3.0 km away
- Walbottle Academy3.4 km away
More reading links
Public Transport Nearby
The closest station to NE40 3LS is Wylam station, which is 3.1 kilometres away.
- Wylam|3.1 km away
- Blaydon|3.5 km away
- Prudhoe|6.3 km away
- MetroCentre|6.6 km away