marketcodeSold price per m²
£2,066/m² 12 months to Apr 2026
292 sales
+1.8% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Postcode district
NE38 property market
Sold £2,066/m² · Median sold £195,474 (292 sales) · Index +1.8% y/y · Turnover 2.2% · 12 months, sales to Apr 2026, listings to Aug 2026
What is NE38?
- Buildings
- 13,529
- Mixed-use buildings
- 45%
- HMO-shaped units
- 1.0%
What does NE38 cost?
NE38: sold price per m² £2,066/m² (12 months to Apr 2026, 292 sales). +1.8% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sold price
£195,474 12 months to Apr 2026
292 sales
+1.8% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.
Asking price
£170,494 12 months to Aug 2026
638 listings
-3.6% on the previous 12 months.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Settled months to Dec 2025; the dashed tail is the pipeline's projection of the index 12 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.
ObservedForecast with intervalIndex points, not property prices
What does NE38 earn?
NE38: asking rent £820 a month (12 months to Jul 2026, 161 lets).
Asking rent
£820 a month 12 months to Jul 2026
161 lets
Gross yield, asking basis
5.4% 12 months to Aug 2026
214 lets
+8.8% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
How does NE38 vary by home size?
Asking price in NE38 runs from £112,705 for 2 bedrooms to £305,240 for 4 bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | Not published | — | — | — |
| 2 bedrooms | £112,705 | 12 months to Aug 2026 | -2.5% on the previous 12 months | 167 |
| 3 bedrooms | £177,325 | 12 months to Aug 2026 | -0.2% on the previous 12 months | 294 |
| 4 bedrooms | £305,240 | 12 months to Aug 2026 | -1.2% on the previous 12 months | 125 |
| 5+ bedrooms | Not published | — | — | — |
Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
How liquid is NE38?
NE38: turnover 2.2% (12 months to Jan 2026, 321 sales). +12.6% on the previous 12 months.
Turnover
2.2% 12 months to Jan 2026
321 sales
+12.6% on the previous 12 months.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own has a rate of zero by arithmetic rather than a measured rate, and is not published with no sample.
Completed sales
404 12 months to Jan 2026
404 sales
+16.8% on the previous 12 months.
Sample is the registry count itself; months within six months of the last ingest are still filling.
Listings for sale
423 12 months to Jul 2026
423 listings
Who is active in NE38?
21 agents listed homes for sale in NE38; the three largest took 49% of the listings.
- Agents active
- 21
- Top three agents’ share
- 49%
- New homes among listings
- 0.0%
days_to_completion is on the registry-matched subset (sold_matched_n), not a sell-through rate.
Who owns NE38?
Corporate landlords hold 90% of the 466 units in NE38 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords90% of classified · 418 units
- Individuals (not traceable in bulk)6.0% of classified · 28 units
- Housing associations3.6% of classified · 17 units
- RMC0.6% of classified · 3 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does NE38 rank?
NE38 ranks 1st of 8 postcode districts in Sunderland for sold price per m², at £2,066/m².
Sold price per m² · postcode districts in Sunderland
NE38 ranks 1st of 8 postcode districts in Sunderland for sold price per m², at £2,066/m².
| # | Area | Sold price per m² | Sample | Tier |
|---|---|---|---|---|
| 1 | NE38 | £2,066/m² | 292 | measured |
| 2 | SR3 | £1,917/m² | 333 | measured |
| 3 | DH4 | £1,820/m² | 363 | measured |
| 4 | SR4 | £1,668/m² | 354 | measured |
| 5 | NE37 | £1,612/m² | 180 | measured |
Full table: sold price per m² across postcode districts in Sunderland →
Gross yield, asking basis · postcode districts in Sunderland
NE38 ranks 5th of 9 postcode districts in Sunderland for gross yield, asking basis, at 5.4%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | SR1 | 15% | 592 | measured |
| 2 | SR5 | 7.2% | 402 | measured |
| 3 | SR4 | 6.6% | 481 | measured |
| 4 | NE37 | 5.4% | 151 | measured |
| 5 | NE38 | 5.4% | 214 | measured |
Full table: gross yield, asking basis across postcode districts in Sunderland →
Turnover · postcode districts in Sunderland
NE38 ranks 3rd of 8 postcode districts in Sunderland for turnover, at 2.2%.
| # | Area | Turnover | Sample | Tier |
|---|---|---|---|---|
| 1 | DH4 | 2.4% | 407 | measured |
| 2 | DH5 | 2.3% | 246 | measured |
| 3 | NE38 | 2.2% | 321 | measured |
| 4 | SR3 | 2.1% | 396 | measured |
| 5 | NE37 | 2.0% | 196 | measured |
Full table: turnover across postcode districts in Sunderland →
Where next from NE38?
- SunderlandThe wider market this area sits in.
- DH4Neighbouring postcode district · £1,939/m²
- DH5Neighbouring postcode district · £1,688/m²
- NE37Neighbouring postcode district · £1,243/m²
- SR1Neighbouring postcode district · £973/m²
- SR2Neighbouring postcode district · £1,435/m²
- SR3Neighbouring postcode district · £2,278/m²
- SR4Neighbouring postcode district · £1,548/m²
- SR5Neighbouring postcode district · £1,693/m²
- DH3Next door, in another authority · £3,052/m²
- NE9Next door, in another authority · £2,000/m²
- DH2Next door, in another authority · £2,100/m²
- NE11Next door, in another authority · £1,981/m²
Questions about NE38
- What is the median house price in NE38?
- Homes in NE38 sold for a median £195,474 over the 12 months to Apr 2026, 292 sales. Per square metre that is £2,066/m². Registered completions, not asking prices.
- How have house prices in NE38 changed?
- +1.8% over the year to Dec 2025 by the house price index, which follows the same homes over time.
- What is the average rent in NE38?
- Homes to let in NE38 asked a median £820 a month over the 12 months to Jul 2026, 161 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in NE38?
- 5.4% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 214 lets. +8.8% on the previous 12 months.
- How quickly do homes sell in NE38?
- 2.2% of the homes in NE38 changed hands over the 12 months to Jan 2026, 321 sales.
Everything else about NE38
- Properties in NE38Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in NE38Footprints, heights and the units inside them.
- Land and plots in NE38Registered parcels with their area, tenure and what stands on them.
- Homes for sale in NE38What is on the market right now, with the evidence beside each asking price.
- Homes to rent in NE38What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in NE38Registered completions from Price Paid, newest first.
- Planning applications in NE38What was proposed, who decided it and whether it was approved.
- Estate agents active in NE38Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Sold price per m² | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Apr 2026 | Apr 2026 | 292 sales |
| Sold price | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Apr 2026 | Apr 2026 | 292 sales |
| Asking price | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 638 listings |
| Asking price per m² | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 423 listings |
| Asking to sold | Portal listings, monthly rollup | 12 months to Nov 2024 | Nov 2024 | 36 matched sales |
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 161 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 214 lets |
| Turnover | MarketCode market evidence | 12 months to Jan 2026 | Jan 2026 | 321 sales |
| Completed sales | MarketCode market evidence | 12 months to Jan 2026 | Jan 2026 | 404 sales |
| Listings for sale | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 423 listings |
| New listings | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 456 listings |
| Price reductions | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 182 listings |
| Live listings | MarketCode market evidence | on 20 Sep 2026 | 20 Sep 2026 | — |
| Days to completion | first listing to registered completion, over the registry-matched subset; not a sell-through rate | 12 months to Nov 2024 | Nov 2024 | 36 matched sales |
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.