NE41 8ER is a residential postcode situated on Woodvale Gardens, Wylam, NE41 with 8 addresses.
It ranks as the 165th largest and 360th most expensive of the 442 postcodes in the NE41 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 houses.
NE41 8ER is a residential postcode situated on Woodvale Gardens, Wylam, NE41 with 8 addresses.
It ranks as the 165th largest and 360th most expensive of the 442 postcodes in the NE41 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 houses.
Sale prices range from £322,668 for 3 bedroom freehold houses with a garden (784 ft2) to £468,805 for 4 bedroom freehold houses with a garden (1,485 ft2) .
Monthly rental prices range from £1,461 pcm for 3 bed houses to £1,742 pcm for 4 bed houses.
The gross rental yield is between 4.5% and 5.4%.
The average value per square foot is £376.
The last sale in NE41 8ER sold for £265,000 on 12th May 2016. Since then prices are up an average of 27.4%.
The current average value in the postcode is £377,454.
The NE41 8ER Sales Market has increased by 27.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £377,454 |
| April 2025 | 2.3% | £377,336 |
| April 2024 | 0.6% | £368,770 |
| April 2023 | 4.6% | £366,718 |
| April 2022 | 5.2% | £350,650 |
| April 2021 | 4.7% | £333,346 |
| April 2020 | 3.1% | £318,263 |
| April 2019 | 1% | £308,711 |
| April 2018 | 2.2% | £305,679 |
| April 2017 | 0.8% | £299,004 |
| April 2016 | 0.7% | £296,649 |
| April 2015 | 6% | £294,699 |
| April 2014 | 3% | £277,951 |
| April 2013 | 1% | £269,848 |
| April 2012 | -0.5% | £267,048 |
| April 2011 | -1.1% | £268,437 |
| April 2010 | 1.9% | £271,435 |
| April 2009 | -9.2% | £266,363 |
| April 2008 | 1.2% | £293,381 |
| April 2007 | 0% | £289,812 |
The current average rental value in the postcode is £1,571.
The NE41 8ER Rental Market has increased by 49.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £1,571pcm |
| April 2025 | 5.5% | £1,530pcm |
| April 2024 | 7.3% | £1,451pcm |
| April 2023 | 10.8% | £1,352pcm |
| April 2022 | 8.9% | £1,220pcm |
| April 2021 | 3.3% | £1,121pcm |
| April 2020 | 1.2% | £1,085pcm |
| April 2019 | -0.1% | £1,073pcm |
| April 2018 | 1.2% | £1,074pcm |
| April 2017 | 1.2% | £1,060pcm |
| April 2016 | 0.3% | £1,048pcm |
| April 2015 | 2.9% | £1,045pcm |
| April 2014 | 0.3% | £1,016pcm |
| April 2013 | 2.5% | £1,013pcm |
| April 2012 | 1% | £988pcm |
| April 2011 | 1.9% | £978pcm |
| April 2010 | 1.7% | £960pcm |
| April 2009 | -2.6% | £944pcm |
| April 2008 | 4.9% | £968pcm |
| April 2007 | 0% | £924pcm |
The last sale was on 12th May 2016 for £265,000 and since then the market in the area has increased by 27.4%. The postcode has had a total of 5 sales since 1995.
NE41 8ER has seen no sales in the last three years and no sales in the last twelve months.
NE41 8ER is the 165th largest and the 360th most expensive postcode out of the 442 postcodes in the NE41 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around NE41 8ER, 52.9% of property is privately owned outright and 38.2% 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 NE41 8ER, 18.3% of residents are recorded as possessing school level qualifications and 56.6% 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 NE41 8ER, the average age was 47 and the most common age was 52.
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 NE41 8ER, 0.7% 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 NE41 8ER, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.