Wark, Hexham - NE48 3LB
Key Postcode Insights
NE48 3LB is a residential postcode situated on Wark, Hexham, NE48 with 10 addresses.
It ranks as the 677th largest and 150th most expensive of the 817 postcodes in the NE48 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 9 houses and 1 flat.
- Ave. Sale Price
- £264,835
- 10 Year change
- up 42.6%
- Ave. Rental Price
- £1,165pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £174/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
NE48 3LB is a residential postcode situated on Wark, Hexham, NE48 with 10 addresses.
It ranks as the 677th largest and 150th most expensive of the 817 postcodes in the NE48 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 9 houses and 1 flat.
- Ave. Sale Price
- £264,835
- 10 Year change
- up 42.6%
- Ave. Rental Price
- £1,165pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £174/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin NE48 3LB
- Burnside Cottage
3 Bed Period House
- Burnside House
3 Bed Period House
- Dene House
2 Bed House
- Firsbrook
5 Bed Modern House
- Greenrails
4 Bed Period House
Sales Market Trends
The last sale in NE48 3LB sold for £337,000 on 6th May 2022. Since then prices are up an average of 15.5%.
The current average value in the postcode is £264,835.
The NE48 3LB Sales Market has increased by 42.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £264,835 |
| June 2025 | 1.8% | £252,850 |
| June 2024 | 4.1% | £248,326 |
| June 2023 | 2.4% | £238,597 |
| June 2022 | 4.9% | £232,928 |
| June 2021 | 6.2% | £222,050 |
| June 2020 | 1% | £209,182 |
| June 2019 | 2.8% | £207,161 |
| June 2018 | -1.3% | £201,513 |
| June 2017 | 9.9% | £204,167 |
| June 2016 | 3.6% | £185,731 |
| June 2015 | -0.2% | £179,292 |
| June 2014 | -0.3% | £179,592 |
| June 2013 | 0.8% | £180,103 |
| June 2012 | -4.9% | £178,741 |
| June 2011 | -2.1% | £187,863 |
| June 2010 | 1.1% | £191,820 |
| June 2009 | -5.2% | £189,765 |
| June 2008 | -5.8% | £200,166 |
| June 2007 | 0% | £212,591 |
Rental Market Trends
The current average rental value in the postcode is £1,165.
The NE48 3LB Rental Market has increased by 52.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £1,165pcm |
| June 2025 | 3.3% | £1,125pcm |
| June 2024 | 7.4% | £1,089pcm |
| June 2023 | 6.9% | £1,014pcm |
| June 2022 | 12.5% | £949pcm |
| June 2021 | 4.8% | £844pcm |
| June 2020 | 2.9% | £806pcm |
| June 2019 | 0.6% | £783pcm |
| June 2018 | 1.8% | £779pcm |
| June 2017 | 0.1% | £765pcm |
| June 2016 | 3.4% | £764pcm |
| June 2015 | 0% | £739pcm |
| June 2014 | 0.4% | £739pcm |
| June 2013 | -1.3% | £736pcm |
| June 2012 | -0.3% | £745pcm |
| June 2011 | -0.3% | £748pcm |
| June 2010 | 1.8% | £750pcm |
| June 2009 | -5.3% | £737pcm |
| June 2008 | 5.2% | £778pcm |
| June 2007 | 0% | £740pcm |
Sales History
The last sale was on 6th May 2022 for £337,000 and since then the market in the area has increased by 15.5%. The postcode has had a total of 12 sales since 1995.
NE48 3LB has seen no sales in the last three years and no sales in the last twelve months.
- Sold May 2022£337,000 | 3 Bed HouseWillow Cottage, Hexham, NE48 3LBWillow Cottage, Hexham, NE48 3LB
- Sold Feb 2022£195,000 | 3 Bed HouseBurnside Cottage, Hexham, NE48 3LBBurnside Cottage, Hexham, NE48 3LB
- Sold Jun 2021£148,000 | 3 Bed HouseBurnside House, Hexham, NE48 3LBBurnside House, Hexham, NE48 3LB
- Sold Apr 2019£155,000 | 3 Bed HouseBurnside Cottage, Hexham, NE48 3LBBurnside Cottage, Hexham, NE48 3LB
- Sold Oct 2016£385,000 | 4 Bed HouseThe Nook, Hexham, NE48 3LBThe Nook, Hexham, NE48 3LB
Nearby Postcodes
NE48 3LB is the 677th largest and the 150th most expensive postcode out of the 817 postcodes in the NE48 area.
- NE48 3LD, Dene Cottages, Wark, Hexham, NE48NE48 3LD2 Addresses|25 m away
- NE48 3LE, Elliott Terrace, Wark, Hexham, NE48NE48 3LE11 Addresses|27 m away
- NE48 3LA, Wark, Hexham, NE48NE48 3LA2 Addresses|39 m away
- NE48 3LT, Wark, Hexham, NE48NE48 3LT10 Addresses|73 m away
- NE48 3LF, Storey Terrace, Wark, Hexham, NE48NE48 3LF4 Addresses|77 m away
Property Types
- 6 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 1 house of an unknown age
- 2 other addresses of unknown type
- period house (6)
- modern house (1)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is G.
- A (0)
- E (2)
- B (0)
- F (1)
- C (0)
- G (3)
- D (2)
- No EPC (2)
Top 3 Most Expensive Sales
Schools Nearby
- Wark Church of England Primary School300 m away
- Bellingham Primary School6.3 km away
- Chollerton Church of England Aided First School6.8 km away
- Haydon Bridge High School12.6 km away
- Queen Elizabeth High School14.7 km away
- Prudhoe Community High School27.8 km away
More reading links
Public Transport Nearby
The closest station to NE48 3LB is Haydon Bridge station, which is 12.7 kilometres away.
- Haydon Bridge|12.7 km away
- Bardon Mill|14.9 km away
- Hexham|15.0 km away
- Corbridge|18.7 km away
