Tarset, Hexham - NE48 1LY
Key Postcode Insights
NE48 1LY is a residential postcode situated on Tarset, Hexham, NE48 with 4 addresses.
It ranks as the 458th largest and 381st most expensive of the 817 postcodes in the NE48 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £372,230
- 10 Year change
- up 36.9%
- Ave. Rental Price
- £1,684pcm
- 10 Year change
- up 49.6%
- Ave. £ per ft²
- £129/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
NE48 1LY is a residential postcode situated on Tarset, Hexham, NE48 with 4 addresses.
It ranks as the 458th largest and 381st most expensive of the 817 postcodes in the NE48 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £372,230
- 10 Year change
- up 36.9%
- Ave. Rental Price
- £1,684pcm
- 10 Year change
- up 49.6%
- Ave. £ per ft²
- £129/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin NE48 1LY
- Burnbank Cottage
House
- Burnbank Farm
House
- The Library
5 Bed Mid-century House
- West Burnbank
5 Bed Period House
Sales Market Trends
The last sale in NE48 1LY sold for £165,000 on 3rd November 2014. Since then prices are up an average of 44.6%.
The current average value in the postcode is £372,230.
The NE48 1LY Sales Market has increased by 36.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £372,230 |
| June 2025 | 1.2% | £363,976 |
| June 2024 | 3.7% | £359,698 |
| June 2023 | 3.1% | £346,966 |
| June 2022 | 5.5% | £336,526 |
| June 2021 | 5.5% | £319,128 |
| June 2020 | 1.5% | £302,627 |
| June 2019 | 2.7% | £298,105 |
| June 2018 | -0.8% | £290,361 |
| June 2017 | 7.7% | £292,774 |
| June 2016 | 4% | £271,853 |
| June 2015 | 1.1% | £261,285 |
| June 2014 | 0.1% | £258,567 |
| June 2013 | 1.2% | £258,207 |
| June 2012 | -3.2% | £255,094 |
| June 2011 | -1.5% | £263,404 |
| June 2010 | 4.2% | £267,471 |
| June 2009 | -4.1% | £256,663 |
| June 2008 | -0.5% | £267,739 |
| June 2007 | 0% | £269,111 |
Rental Market Trends
The current average rental value in the postcode is £1,684.
The NE48 1LY Rental Market has increased by 49.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £1,684pcm |
| June 2025 | 2.9% | £1,658pcm |
| June 2024 | 7.3% | £1,611pcm |
| June 2023 | 8.4% | £1,501pcm |
| June 2022 | 11.2% | £1,385pcm |
| June 2021 | 4.8% | £1,245pcm |
| June 2020 | 2.6% | £1,188pcm |
| June 2019 | 0.9% | £1,158pcm |
| June 2018 | 1.2% | £1,147pcm |
| June 2017 | 0.8% | £1,134pcm |
| June 2016 | 4% | £1,125pcm |
| June 2015 | 0.6% | £1,082pcm |
| June 2014 | 0.7% | £1,076pcm |
| June 2013 | 0.1% | £1,068pcm |
| June 2012 | 0.2% | £1,068pcm |
| June 2011 | 1.1% | £1,065pcm |
| June 2010 | 4.5% | £1,054pcm |
| June 2009 | -2.7% | £1,008pcm |
| June 2008 | 6.9% | £1,036pcm |
| June 2007 | 0% | £969pcm |
Sales History
The last sale was on 3rd November 2014 for £165,000 and since then the market in the area has increased by 44.6%. The postcode has had a total of 2 sales since 1995.
NE48 1LY has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
NE48 1LY is the 458th largest and the 381st most expensive postcode out of the 817 postcodes in the NE48 area.
- NE48 1PW, Greenhaugh, Hexham, NE48NE48 1PW18 Addresses|429 m away
- NE48 1LZ, Tarset, Hexham, NE48NE48 1LZ1 Addresses|433 m away
- NE48 1NA, Tarset, Hexham, NE48NE48 1NA2 Addresses|671 m away
- NE48 1PP, Greenhaugh, Hexham, NE48NE48 1PP4 Addresses|729 m away
- NE48 1RN, Tarset, Hexham, NE48NE48 1RN5 Addresses|824 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 2 other addresses of unknown type
- period house (1)
- mid-century house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Schools Nearby
- Greenhaugh Primary School100 m away
- Bellingham Primary School6.7 km away
- Otterburn Primary School10.3 km away
- Haydon Bridge High School23.4 km away
- Queen Elizabeth High School27.0 km away
- William Howard School37.4 km away
More reading links
Public Transport Nearby
The closest station to NE48 1LY is Bardon Mill station, which is 23.0 kilometres away.
- Bardon Mill|23.0 km away
- Haydon Bridge|23.5 km away
- Haltwhistle|25.3 km away
- Hexham|27.4 km away
