Grasmere Terrace - NE38 7LP
Key Street Insights
Grasmere Terrace is a residential street with 30 addresses.
It ranks as the 730th largest and 698th most expensive of the 1,253 streets in the NE38 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 30 properties: 17 houses and 13 other properties.
- Ave. Sale Price
- £134,336
- 10 Year change
- up 30.6%
- Ave. Rental Price
- £956pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £147/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Key Street Insights
Grasmere Terrace is a residential street with 30 addresses.
It ranks as the 730th largest and 698th most expensive of the 1,253 streets in the NE38 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 30 properties: 17 houses and 13 other properties.
- Ave. Sale Price
- £134,336
- 10 Year change
- up 30.6%
- Ave. Rental Price
- £956pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £147/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Explore Properties on Grasmere Terrace, Washington, NE38
- 1 Grasmere Terrace
3 Bed Period House
- 2 Grasmere Terrace
House
- 3 Grasmere Terrace
House
- 4 Grasmere Terrace
3 Bed Period House
- 5 Grasmere Terrace
3 Bed House
Sales Market Trends
The last sale on Grasmere Terrace sold for £115,000 on 5th February 2026. Since then prices have on average remained the same.
The current average value in the street is £134,336.
The Grasmere Terrace Sales Market has increased by 30.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -1.4% | £134,336 |
| July 2025 | 4.2% | £136,260 |
| July 2024 | 4.4% | £130,787 |
| July 2023 | 0.7% | £125,256 |
| July 2022 | 6.5% | £124,352 |
| July 2021 | 7.3% | £116,731 |
| July 2020 | 2.1% | £108,744 |
| July 2019 | 2.9% | £106,474 |
| July 2018 | -1.6% | £103,515 |
| July 2017 | 2.3% | £105,202 |
| July 2016 | 1.7% | £102,850 |
| July 2015 | 0.9% | £101,091 |
| July 2014 | 3% | £100,215 |
| July 2013 | -0.8% | £97,278 |
| July 2012 | -0.4% | £98,056 |
| July 2011 | -3.9% | £98,443 |
| July 2010 | 0.6% | £102,390 |
| July 2009 | -9.3% | £101,748 |
| July 2008 | -2.7% | £112,226 |
| July 2007 | 0% | £115,284 |
Rental Market Trends
The current average rental value in the street is £956.
The Grasmere Terrace Rental Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.5% | £956pcm |
| July 2025 | 4.7% | £924pcm |
| July 2024 | 9.1% | £882pcm |
| July 2023 | 7.2% | £808pcm |
| July 2022 | 7.8% | £754pcm |
| July 2021 | 2.4% | £699pcm |
| July 2020 | 2.3% | £683pcm |
| July 2019 | -0.5% | £667pcm |
| July 2018 | 1.7% | £671pcm |
| July 2017 | 0.2% | £659pcm |
| July 2016 | 0.4% | £658pcm |
| July 2015 | 0.3% | £655pcm |
| July 2014 | -0.6% | £653pcm |
| July 2013 | -0.4% | £657pcm |
| July 2012 | -1.8% | £660pcm |
| July 2011 | 0.7% | £672pcm |
| July 2010 | 2% | £667pcm |
| July 2009 | -3.4% | £654pcm |
| July 2008 | 4.9% | £677pcm |
| July 2007 | 0% | £645pcm |
Sales History
The last recorded sale was on 5th February 2026 for £115,000 and since then the market in the area has remained stable.
Grasmere Terrace, Washington, NE38 has had 3 sales since 1995, with 3 in the last three years and 2 in the last twelve months.
- Sold Feb 2026£115,000 | 3 Bed House4, Grasmere Terrace, Washington, NE38 7LP4, Grasmere Terrace, Washington, NE38 7LP
- Sold Oct 2025£155,000 | 3 Bed House21, Grasmere Terrace, Washington, NE38 7LP21, Grasmere Terrace, Washington, NE38 7LP
- Sold Apr 2025£72,500 | 3 Bed House30, Grasmere Terrace, Washington, NE38 7LP30, Grasmere Terrace, Washington, NE38 7LP
Top 3 Most Expensive Sales
- Sold Oct 2025£155,000 | 3 Bed House21, Grasmere Terrace, Washington, NE38 7LP21, Grasmere Terrace, Washington, NE38 7LP
- Sold Jan 2024£150,000 | 3 Bed House5, Grasmere Terrace, Washington, NE38 7LP5, Grasmere Terrace, Washington, NE38 7LP
- Sold Feb 2022£140,000 | 3 Bed House25, Grasmere Terrace, Washington, NE38 7LP25, Grasmere Terrace, Washington, NE38 7LP
Nearby Streets
Grasmere Terrace, Washington, NE38 is the 730th largest and the 698th most expensive street in the NE38 area.
- Emmerson Terrace, Washington, NE3834 Addresses|49 m away
- Grasmere Gardens, Washington, NE3836 Addresses|68 m away
- Westwood Gardens, Washington, NE385 Addresses|108 m away
- Model Dwellings, Washington, NE3815 Addresses|144 m away
- Oliver Street, Washington, NE3818 Addresses|177 m away
- Park Chare, Washington, NE3814 Addresses|201 m away
Property Types
- 14 period houses built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 2 houses of an unknown age
- 13 other addresses of unknown type
- period house (14)
- mid-century house (1)
- house (2)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (6)
- G (0)
- D (9)
- No EPC (15)
Schools Nearby
- John F Kennedy Primary School100 m away
- Barmston Village Primary School600 m away
- Biddick Primary School600 m away
- Biddick Academy800 m away
- St Robert of Newminster Catholic School and Sixth Form College, Washington1.2 km away
- Washington Academy1.3 km away
More reading links
Public Transport Nearby
The closest station to Grasmere Terrace, Washington, NE38 - NE38 7LP is Chester-le-Street station, which is 6.3 kilometres away.
- Chester-le-Street|6.3 km away
- Heworth|6.5 km away
- Sunderland|8.5 km away
