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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE48 2TLHouse Prices / North East, Northumberland, Rede Square
Last updated May 2026
Key Postcode Insights
NE48 2TL is a residential postcode situated on Rede Square, Ridsdale, Hexham, NE48 with 2 addresses.
It ranks as the 281st largest and 201st most expensive of the 817 postcodes in the NE48 area.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
Key Postcode Insights
NE48 2TL is a residential postcode situated on Rede Square, Ridsdale, Hexham, NE48 with 2 addresses.
It ranks as the 281st largest and 201st most expensive of the 817 postcodes in the NE48 area.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
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House Pricesin NE48 2TL
Sale prices range from £213,855 for 3 bedroom freehold houses with a garden (1,014 ft2) to £284,320 for 3 bedroom freehold houses with a garden (882 ft2) .
Monthly rental prices range from £1,195 pcm for 3 bed houses to £1,547 pcm for 3 bed houses.
The gross rental yield is between 6.5% and 6.7%.
The average value per square foot is £266.
Average Sale Value
£249,088
Average Rental Value
£1,371 pcm
Average Rental Yield
6.6% /year
Average Value Per Sqft
£266 /ft2
Sales Market Trendsin NE48 2TL
The last sale in NE48 2TL sold for £168,500 on 15th April 2011. Since then prices are up an average of 42.5%.
The current average value in the postcode is £249,088.
The NE48 2TL Sales Market has increased by 43.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.1% | £249,088 |
| April 2025 | 3% | £236,888 |
| April 2024 | 1.9% | £229,924 |
| April 2023 | 3.7% | £225,625 |
| April 2022 | 6.2% | £217,620 |
| April 2021 | 6.7% | £204,970 |
| April 2020 | 1.7% | £192,068 |
| April 2019 | 1.2% | £188,782 |
| April 2018 | -1% | £186,535 |
| April 2017 | 8.7% | £188,371 |
| April 2016 | 3.6% | £173,347 |
| April 2015 | 1.1% | £167,283 |
| April 2014 | -1.3% | £165,498 |
| April 2013 | 2.2% | £167,611 |
| April 2012 | -6.2% | £163,990 |
| April 2011 | -2.6% | £174,799 |
| April 2010 | 1% | £179,495 |
| April 2009 | -7.9% | £177,752 |
| April 2008 | -2% | £192,975 |
| April 2007 | 0% | £197,013 |
Rental Market Trendsin NE48 2TL
The current average rental value in the postcode is £1,371.
The NE48 2TL Rental Market has increased by 62.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.3% | £1,371pcm |
| April 2025 | 9.5% | £1,301pcm |
| April 2024 | 7.4% | £1,189pcm |
| April 2023 | 7.1% | £1,107pcm |
| April 2022 | 12.1% | £1,034pcm |
| April 2021 | 5.2% | £922pcm |
| April 2020 | 1.6% | £877pcm |
| April 2019 | -0.5% | £864pcm |
| April 2018 | 3.6% | £868pcm |
| April 2017 | -0.8% | £838pcm |
| April 2016 | 3.2% | £845pcm |
| April 2015 | -0.2% | £818pcm |
| April 2014 | 2.5% | £820pcm |
| April 2013 | -1.1% | £800pcm |
| April 2012 | -1.9% | £809pcm |
| April 2011 | 0% | £824pcm |
| April 2010 | -1.2% | £824pcm |
| April 2009 | -7.7% | £834pcm |
| April 2008 | 3.2% | £903pcm |
| April 2007 | 0% | £875pcm |
Explore Propertiesin NE48 2TL, Rede Square, Ridsdale, Hexham, NE48
Sales Historyin NE48 2TL
The last sale was on 15th April 2011 for £168,500 and since then the market in the area has increased by 42.5%. The postcode has had a total of 5 sales since 1995.
NE48 2TL has seen no sales in the last three years and no sales in the last twelve months.
Sold Apr 2011£168,500 | 3 Bed HouseRede Square3, Rede Square, Hexham, NE48 2TL
Sold Dec 2006£93,000 | 3 Bed HouseRede Square1, Rede Square, Hexham, NE48 2TL
Sold Oct 2005£158,000 | 3 Bed HouseRede Square3, Rede Square, Hexham, NE48 2TL
Sold Sep 1998£64,500 | 3 Bed HouseRede Square3, Rede Square, Hexham, NE48 2TL
Sold Nov 1996£59,950 | 3 Bed HouseRede Square3, Rede Square, Hexham, NE48 2TL
Nearby Postcodesto NE48 2TL
NE48 2TL is the 281st largest and the 201st most expensive postcode out of the 817 postcodes in the NE48 area.
- 35 mNE48 2TW, Robertson Street, Ridsdale, Hexham, NE48NE48 2TW3 Addresses
- 83 mNE48 2TH, St. Georges Square, Ridsdale, Hexham, NE48NE48 2TH5 Addresses
- 88 mNE48 2TJ, Westmacott Street, Ridsdale, Hexham, NE48NE48 2TJ14 Addresses
- 112 mNE48 2TN, Armstrong Street, Ridsdale, Hexham, NE48NE48 2TN32 Addresses
- 270 mNE48 2TG, Foundry Yard, Ridsdale, Hexham, NE48NE48 2TG7 Addresses
- 315 mNE48 2TQ, Rendle Terrace, Ridsdale, Hexham, NE48NE48 2TQ8 Addresses
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Property Typesin NE48 2TL
- 1 house of an unknown age
- 1 other address of unknown type
- house (1)
- Unknown (1)
Energy Efficiencyof properties in NE48 2TL
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The dominant rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Schools Nearbyto NE48 2TL
The nearest primary school to NE48 2TL is Bellingham Primary School which is 6.6 kilometres away.
- 6.6kmBellingham Primary School
- 9.0kmWark Church of England Primary School
- 9.9kmOtterburn Primary School
The nearest secondary school is Queen Elizabeth High School which is 20.6 kilometres away.
- 20.6kmQueen Elizabeth High School
- 21.1kmHaydon Bridge High School
- 28.4kmPonteland High School
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Public Transport Nearbyto NE48 2TL
The closest station to NE48 2TL is Hexham station which is 20.3 kilometres away.
- 20.3kmHexham
- 21.0kmHaydon Bridge
- 22.4kmCorbridge
- 23.8kmBardon Mill
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