marketcodeSold price per m²
£2,391/m² 12 months to Oct 2024
82 sales
+17.9% on the previous 12 months.
Postcode district
NE48 property market
Sold £2,391/m² · Median sold £280,488 (82 sales) · Index -0.6% y/y · Turnover 3.7% · 12 months, sales to Oct 2024, listings to Jul 2026
What is NE48?
- Buildings
- 2,276
- Mixed-use buildings
- 2.7%
- HMO-shaped units
- 0.0%
What does NE48 cost?
NE48: sold price per m² £2,391/m² (12 months to Oct 2024, 82 sales). +17.9% on the previous 12 months.
Sold price
£280,488 12 months to Oct 2024
82 sales
+9.8% 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 carries the parent area's price rather than a measurement, and is not published with no sample.
Asking price
£289,193 12 months to Aug 2026
209 listings
+80% 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 NE48 earn?
Asking rent
Not published
Fewer than 30 lets over 12 months: the 12-month figure is not published; the monthly line is drawn.
Gross yield, asking basis
Not published
Only 3 observed months: the 12-month figure needs 6; the monthly line is drawn.
How does NE48 vary by home size?
Asking price in NE48 runs from £83,974 for 2 bedrooms to £448,129 for 4 bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | Not published | — | — | — |
| 2 bedrooms | £83,974 | 12 months to Jul 2026 | +10.9% on the previous 12 months | 112 |
| 3 bedrooms | £215,375 | 12 months to Aug 2026 | — | 68 |
| 4 bedrooms | £448,129 | 12 months to Aug 2026 | — | 36 |
| 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 NE48?
NE48: turnover 3.7% (12 months to Feb 2024, 82 sales). -3.5% on the previous 12 months.
Turnover
3.7% 12 months to Feb 2024
82 sales
-3.5% 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
67 12 months to Jan 2026
67 sales
-4.3% 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
140 12 months to Jul 2026
140 listings
Who is active in NE48?
7 agents listed homes for sale in NE48; the three largest took 75% of the listings.
- Agents active
- 7
- Top three agents’ share
- 75%
- New homes among listings
- 35%
days_to_completion is on the registry-matched subset (sold_matched_n), not a sell-through rate.
Who owns NE48?
Corporate landlords hold 77% of the 96 units in NE48 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords77% of classified · 74 units
- Individuals (not traceable in bulk)17% of classified · 16 units
- Housing associations6.3% of classified · 6 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 NE48 rank?
Sold price per m² · postcode districts in Northumberland
| # | Area | Sold price per m² | Sample | Tier |
|---|---|---|---|---|
| 1 | NE20 | £3,649/m² | 151 | measured |
| 2 | NE45 | £3,399/m² | 60 | indicative |
| 3 | NE25 | £3,012/m² | 361 | measured |
| 4 | NE46 | £2,763/m² | 174 | measured |
| 5 | NE66 | £2,735/m² | 199 | measured |
Full table: sold price per m² across postcode districts in Northumberland →
Gross yield, asking basis · postcode districts in Northumberland
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | NE15 | 5.8% | 380 | measured |
Where next from NE48?
- NorthumberlandThe wider market this area sits in.
- DH8Neighbouring postcode district · £2,099/m²
- NE15Neighbouring postcode district · £2,308/m²
- NE18Neighbouring postcode district · £1,240/m²
- NE19Neighbouring postcode district · £4,212/m²
- NE20Neighbouring postcode district · £4,989/m²
- NE22Neighbouring postcode district · £1,992/m²
- NE23Neighbouring postcode district · £2,283/m²
- NE24Neighbouring postcode district · £1,638/m²
- CA6Next door, in another authority · £2,891/m²
- CA8Next door, in another authority · £3,209/m²
- TD8Next door, in another authority · £6,070/m²
- TD9Next door, in another authority · £1,689/m²
- Homes for sale in NE48Live sale listings, the same place and cohort.
- Homes to rent in NE48Live lettings, the same place.
- Completed sales in NE48Registered completions, newest first.
- Planning applications in NE48Applications and decisions on record.
- Buildings in NE48Every building with its units, parcel and freeholder.
- Land in NE48
Questions about NE48
- What is the median house price in NE48?
- Homes in NE48 sold for a median £280,488 over the 12 months to Oct 2024, 82 sales. Per square metre that is £2,391/m². Registered completions, not asking prices.
- How have house prices in NE48 changed?
- +17.9% on the previous 12 months.
- How quickly do homes sell in NE48?
- 3.7% of the homes in NE48 changed hands over the 12 months to Feb 2024, 82 sales.
Where these figures come from, and what is not published
| Figure | Dataset | Window | Last month | Sample |
|---|---|---|---|---|
| Sold price per m² | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Oct 2024 | Oct 2024 | 82 sales |
| Sold price | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Oct 2024 | Oct 2024 | 82 sales |
| Asking price | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 209 listings |
| Asking price per m² | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 140 listings |
| Asking to sold | Portal listings, monthly rollup | 12 months to Mar 2024 | Mar 2024 | 180 matched sales |
| Turnover | MarketCode market evidence | 12 months to Feb 2024 | Feb 2024 | 82 sales |
| Completed sales | MarketCode market evidence | 12 months to Jan 2026 | Jan 2026 | 67 sales |
| Listings for sale | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 140 listings |
| New listings | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 162 listings |
| Price reductions | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 47 listings |
| Live listings | MarketCode market evidence | on 19 Sep 2026 | 19 Sep 2026 | — |
| Days to completion | first listing to registered completion, over the registry-matched subset; not a sell-through rate | 12 months to Mar 2024 | Mar 2024 | 180 matched sales |
- Asking rent
- Fewer than 30 lets over 12 months: the 12-month figure is not published; the monthly line is drawn.
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.