Church Lane - NE48 3LZ
Key Postcode Insights
NE48 3LZ is a residential postcode situated on Church Lane, Wark, Hexham, NE48 with 2 addresses.
It ranks as the 305th largest and 386th 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 2 properties: 2 houses.
- Ave. Sale Price
- £344,891
- 10 Year change
- up 43.7%
- Ave. Rental Price
- £1,519pcm
- 10 Year change
- up 53.7%
- Ave. £ per ft²
- £207/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
NE48 3LZ is a residential postcode situated on Church Lane, Wark, Hexham, NE48 with 2 addresses.
It ranks as the 305th largest and 386th 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 2 properties: 2 houses.
- Ave. Sale Price
- £344,891
- 10 Year change
- up 43.7%
- Ave. Rental Price
- £1,519pcm
- 10 Year change
- up 53.7%
- Ave. £ per ft²
- £207/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Sales Market Trends
The last sale in NE48 3LZ sold for £310,000 on 29th February 2024. Since then prices are up an average of 10.3%.
The current average value in the postcode is £344,891.
The NE48 3LZ Sales Market has increased by 43.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £344,891 |
| June 2025 | 1.9% | £330,283 |
| June 2024 | 3.9% | £324,216 |
| June 2023 | 2.8% | £312,057 |
| June 2022 | 5% | £303,587 |
| June 2021 | 6.3% | £289,029 |
| June 2020 | 1.1% | £271,888 |
| June 2019 | 2.9% | £268,948 |
| June 2018 | -1.2% | £261,276 |
| June 2017 | 10.2% | £264,566 |
| June 2016 | 3.9% | £240,033 |
| June 2015 | 0.2% | £230,975 |
| June 2014 | -0.1% | £230,612 |
| June 2013 | 1.1% | £230,868 |
| June 2012 | -4.6% | £228,376 |
| June 2011 | -1.9% | £239,419 |
| June 2010 | 2.2% | £244,082 |
| June 2009 | -4.4% | £238,814 |
| June 2008 | -5% | £249,852 |
| June 2007 | 0% | £262,878 |
Rental Market Trends
The current average rental value in the postcode is £1,519.
The NE48 3LZ Rental Market has increased by 53.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,519pcm |
| June 2025 | 3.3% | £1,471pcm |
| June 2024 | 7.2% | £1,423pcm |
| June 2023 | 7.2% | £1,328pcm |
| June 2022 | 12.6% | £1,238pcm |
| June 2021 | 4.9% | £1,100pcm |
| June 2020 | 3% | £1,048pcm |
| June 2019 | 0.7% | £1,018pcm |
| June 2018 | 1.9% | £1,010pcm |
| June 2017 | 0.3% | £992pcm |
| June 2016 | 3.7% | £988pcm |
| June 2015 | 0.3% | £953pcm |
| June 2014 | 0.6% | £950pcm |
| June 2013 | -0.9% | £944pcm |
| June 2012 | 0% | £953pcm |
| June 2011 | -0.2% | £953pcm |
| June 2010 | 2.9% | £955pcm |
| June 2009 | -4.6% | £928pcm |
| June 2008 | 6.2% | £972pcm |
| June 2007 | 0% | £915pcm |
Sales History
The last sale was on 29th February 2024 for £310,000 and since then the market in the area has increased by 10.3%. The postcode has had a total of 3 sales since 1995.
NE48 3LZ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2024£310,000 | 4 Bed House2 The Old Bakery, Church Lane, Hexham, NE48 3LZ2 The Old Bakery, Church Lane, Hexham, NE48 3LZ
- Sold Nov 2002£94,000 | 4 Bed House1 The Old Bakery, Church Lane, Hexham, NE48 3LZ1 The Old Bakery, Church Lane, Hexham, NE48 3LZ
- Sold Nov 2002£104,000 | 4 Bed House2 The Old Bakery, Church Lane, Hexham, NE48 3LZ2 The Old Bakery, Church Lane, Hexham, NE48 3LZ
Nearby Postcodes
NE48 3LZ is the 305th largest and the 386th most expensive postcode out of the 817 postcodes in the NE48 area.
- NE48 3LX, Church Lane, Wark, Hexham, NE48NE48 3LX21 Addresses|18 m away
- NE48 3LY, The Grove, Wark, Hexham, NE48NE48 3LY6 Addresses|44 m away
- NE48 3JP, American Gardens, Wark, Hexham, NE48NE48 3JP2 Addresses|57 m away
- NE48 3NA, St. Michaels Mount, Wark, Hexham, NE48NE48 3NA26 Addresses|85 m away
- NE48 3LD, Dene Cottages, Wark, Hexham, NE48NE48 3LD2 Addresses|98 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Sep 2023£465,950 | 4 Bed HouseMay Cottage, Church Lane, Hexham, NE48 3LXMay Cottage, Church Lane, Hexham, NE48 3LX
- Sold Oct 2024£385,000 | 4 Bed House1, Church Lane, Hexham, NE48 3LX1, Church Lane, Hexham, NE48 3LX
- Sold Jan 2008£375,000 | 5 Bed HouseAshlynd House, Church Lane, Hexham, NE48 3LXAshlynd House, Church Lane, Hexham, NE48 3LX
Schools Nearby
- Wark Church of England Primary School400 m away
- Bellingham Primary School6.2 km away
- Chollerton Church of England Aided First School6.8 km away
- Haydon Bridge High School12.8 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 3LZ is Haydon Bridge station, which is 12.8 kilometres away.
- Haydon Bridge|12.8 km away
- Bardon Mill|15.0 km away
- Hexham|15.1 km away
- Corbridge|18.8 km away
