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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
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Albert Place is a residential street with 24 addresses.
It ranks as the 591st largest and 114th most expensive of the 1,253 streets in the NE38 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 24 properties: 9 houses and 15 flats.
Albert Place is a residential street with 24 addresses.
It ranks as the 591st largest and 114th most expensive of the 1,253 streets in the NE38 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 24 properties: 9 houses and 15 flats.
Sale prices range from £68,016 for 1 bedroom Leasehold flats (355 ft2) to £369,007 for 5 bedroom freehold houses with a garden (2,637 ft2) .
Monthly rental prices range from £375 pcm for 1 bed flats to £1,763 pcm for 5 bed houses.
The gross rental yield is between 5.7% and 6.8%.
The average value per square foot is £182.
The last sale on Albert Place sold for £350,000 on 9th November 2022. Since then prices are up an average of 5.9%.
The current average value in the street is £138,051.
The Albert Place Sales Market has increased by 20.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.5% | £138,051 |
| May 2025 | 3% | £140,208 |
| May 2024 | 4.4% | £136,076 |
| May 2023 | 0.7% | £130,338 |
| May 2022 | 5.6% | £129,441 |
| May 2021 | 5.3% | £122,587 |
| May 2020 | 2.2% | £116,439 |
| May 2019 | 1.4% | £113,913 |
| May 2018 | -2.4% | £112,337 |
| May 2017 | 0.7% | £115,041 |
| May 2016 | 1.9% | £114,198 |
| May 2015 | 0.6% | £112,109 |
| May 2014 | 2.3% | £111,410 |
| May 2013 | -1.9% | £108,919 |
| May 2012 | -1% | £110,977 |
| May 2011 | -2.8% | £112,144 |
| May 2010 | -1.5% | £115,331 |
| May 2009 | -11.3% | £117,095 |
| May 2008 | 0% | £132,064 |
| May 2007 | 0% | £132,019 |
The current average rental value in the street is £727.
The Albert Place Rental Market has increased by 40.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.3% | £727pcm |
| May 2025 | 5.7% | £711pcm |
| May 2024 | 6.9% | £673pcm |
| May 2023 | 8.8% | £629pcm |
| May 2022 | 9.8% | £578pcm |
| May 2021 | 1.5% | £526pcm |
| May 2020 | 1.6% | £519pcm |
| May 2019 | -1.1% | £510pcm |
| May 2018 | -0.1% | £516pcm |
| May 2017 | -0.4% | £516pcm |
| May 2016 | 0.3% | £518pcm |
| May 2015 | 0.4% | £517pcm |
| May 2014 | -1% | £515pcm |
| May 2013 | 0.2% | £520pcm |
| May 2012 | -1.6% | £519pcm |
| May 2011 | 1.1% | £527pcm |
| May 2010 | -1.7% | £522pcm |
| May 2009 | -2.8% | £531pcm |
| May 2008 | 4.1% | £546pcm |
| May 2007 | 0% | £524pcm |
The last sale was on 9th November 2022 for £350,000 and since then the market in the area has increased by 5.9%. The street has had a total of 6 sales since 1995.
Albert Place, Washington, NE38 has seen no sales in the last three years and no sales in the last twelve months.
Albert Place, Washington, NE38 is the 591st largest and the 114th most expensive street in the NE38 area.
There is 1 postcode on Albert Place, Washington, NE38.
The closest station to Albert Place, Washington, NE38 is Chester-le-Street station which is 6.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Albert Place, Washington, NE38, 36.6% of property is privately rented and 34.3% is socially rented.
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 Albert Place, Washington, NE38, 10.3% of residents are recorded as possessing school level qualifications and 20.3% 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 Albert Place, Washington, NE38, the average age was 39.5 and the most common age was 32.
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 Albert Place, Washington, NE38, 0.0% 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 Albert Place, Washington, NE38, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
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