NE48 4 house prices are built from 199 sales lodged with HM Land Registry, the oldest in 1996 and the most recent on 4 Feb 2026. The median price paid across the whole record is £170,000. Across the 11 years from 2014 to 2025 the median moved +87.5% in cash — but once inflation is taken out, the change in 2026 money is +33.6%.
Median price paid
£170,000
Change in cash, 2014–2025
+87.5%
Change in real terms
+33.6%
Median per m²
£2,099
HM Land Registry199 sales4 with floor areaLatest sale 4 Feb 2026
Section 01
How NE48 4 prices moved
The chart tracks the median NE48 4 house price for every year with a recorded sale, from 1996 to 2025. The dashed line restates each year in 2026 money, so the two lines separate exactly as much as inflation has eroded the cash figure.
| Decade | Years with sales | Median paid | In today's money |
|---|---|---|---|
| 1990s | 2 | £54,000 | £119,906 |
| 2000s | 9 | £158,000 | £287,829 |
| 2010s | 4 | £200,000 | £282,000 |
| 2020s | 6 | £300,000 | £306,522 |
The highest yearly median on record for NE48 4 is £430,000 in 2023; the lowest is £54,000 in 1996. Across the full 30-year record the cash median has moved from £54,000 to £375,000.
In 2026 money that first median is worth £117,138, so the real change over the whole record is +227.1% — about +4.17% a year after inflation. Cash growth and real growth are not the same story, and the gap is the part most price reports leave out.
Over the last decade alone the difference is stark: +87.5% in cash against +33.6% once inflation is removed. A buyer who sold at the end of that decade would have needed the real figure, not the headline one, to know whether they had actually gained.
Section 02
The most recent sales
Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.
| Address | Sold | Type | Price paid | In today's money |
|---|---|---|---|---|
| 1 Woodbine Terrace | 4 Feb 2026 | Terraced | £165,000 | £165,000 |
| The Garden House | 3 Feb 2026 | Detached | £630,000 | £630,000 |
| 7 West Crescent | 12 Dec 2025 | Detached | £250,000 | £255,435 |
| 13 East Acres | 3 Oct 2025 | Terraced | £160,000 | £163,478 |
| 4 Hawthorn Terrace | 12 Sep 2025 | Terraced | £144,000 | £147,130 |
| The Heugh | 2 Jul 2025 | Detached | £1,150,000 | £1,175,000 |
| Station House | 24 Mar 2025 | Detached | £590,000 | £602,826 |
| Mill Cottage | 14 Jan 2025 | Detached | £500,000 | £510,870 |
| 18 Chishillways | 16 Sep 2024 | Terraced | £185,000 | £194,664 |
| Whincot | 24 Apr 2024 | Semi-detached | £225,000 | £236,754 |
| 3 Woodbine Terrace | 18 Jan 2024 | Flat or maisonette | £220,000 | £231,493 |
| 17 Chishillways | 10 Jan 2024 | Detached | £235,000 | £247,276 |
| The White Cottage | 8 Jan 2024 | Detached | £250,000 | £263,060 |
| Hedchester Cottage North Heugh | 2 Nov 2023 | Detached | £430,000 | £464,598 |
| Mayfield | 5 Jun 2023 | Detached | £540,000 | £583,448 |
| 1 Front Street | 30 May 2023 | Semi-detached | £220,000 | £237,701 |
| 12 Chishillways | 30 Jan 2023 | Semi-detached | £250,000 | £270,115 |
| 1 Mill House Farm | 24 Jan 2023 | Semi-detached | £480,000 | £518,621 |
| Cragside Cottage | 6 Dec 2022 | Detached | £488,494 | £565,963 |
| 2 Bracken Hill | 15 Sep 2022 | Detached | £500,000 | £579,293 |
| Station House | 22 Jul 2022 | Detached | £253,000 | £293,122 |
| 1 Bracken Hill | 6 Jul 2022 | Detached | £365,000 | £422,884 |
| 5 Mill House Farm | 9 Jun 2022 | Terraced | £442,500 | £512,675 |
| 26 Chishillways | 25 Mar 2022 | Terraced | £335,000 | £388,127 |
| Mill Cottage | 21 Feb 2022 | Detached | £475,000 | £550,329 |
Section 03
Homes that sold twice
These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to NE48 4 values — no mix of property types can flatter the number.
| Address | First recorded sale | Most recent sale | Cash a year | Real a year |
|---|---|---|---|---|
| 1 Woodbine Terrace | £115,000 (2010) | £165,000 (2026) | +2.3% | -0.7% |
| 7 West Crescent | £162,500 (2010) | £250,000 (2025) | +2.9% | -0.1% |
| 4 Hawthorn Terrace | £48,173 (1996) | £144,000 (2025) | +3.8% | +1.2% |
| 18 Chishillways | £81,046 (2000) | £185,000 (2024) | +3.5% | +0.8% |
| 3 Woodbine Terrace | £48,250 (1996) | £220,000 (2024) | +5.6% | +2.9% |
| 17 Chishillways | £75,000 (2001) | £235,000 (2024) | +5.1% | +2.3% |
| 1 Front Street | £95,000 (2008) | £220,000 (2023) | +5.8% | +2.7% |
| 12 Chishillways | £98,000 (2000) | £250,000 (2023) | +4.2% | +1.4% |
| 1 Mill House Farm | £395,000 (2006) | £480,000 (2023) | +1.2% | -1.8% |
| 1 Bracken Hill | £285,000 (2004) | £365,000 (2022) | +1.4% | -1.2% |
| 5 Mill House Farm | £313,000 (2005) | £442,500 (2022) | +2.1% | -0.6% |
| 26 Chishillways | £112,000 (1999) | £335,000 (2022) | +4.9% | +2.3% |
Section 04
What sells here
The mix of property types explains a large part of any area's median. NE48 4 is dominated by the type at the top of this table, so its overall median leans that way.
| Property type | Sales | Share | Median paid | Range |
|---|---|---|---|---|
| Detached | 74 | 37.2% | £250,000 | £17,000 – £1,200,000 |
| Semi-detached | 69 | 34.7% | £150,000 | £35,000 – £480,000 |
| Terraced | 53 | 26.6% | £140,000 | £31,611 – £442,500 |
| Flat or maisonette | 3 | 1.5% | £152,000 | £105,000 – £220,000 |
Section 05
How big homes are in NE48 4
Energy Performance Certificates record a floor area for every home that has been surveyed, sold or let — far more homes than have changed hands. 59 certificates cover NE48 4, and their median floor area is 86 m².
The median across the whole register is 76 m², so homes here are larger than average — +13.2%. Size explains a large part of why one area's median price sits above another's, which is why the price per square metre further up this page is the fairer comparison.
| Measure | Floor area | Sample |
|---|---|---|
| Median floor area | 86 m² | about 926 sq ft |
| Smaller quarter, up to | 75 m² | about 807 sq ft |
| Larger quarter, from | 143 m² | about 1,534 sq ft |
| Under 60 m² | 8.5% | 5 homes |
| 150 m² and over | 23.7% | 14 homes |
Section 06
Ownership and new build in NE48 4
0 of the sales on record are leasehold and 199 freehold — 0.0% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.
| Category | Sales | Share | Median paid |
|---|---|---|---|
| Leasehold | 0 | 0.0% | — |
| Freehold | 199 | 100.0% | £170,000 |
| New build | 30 | 15.1% | £115,500 |
| Existing home | 169 | 84.9% | £180,000 |
New builds sold for less than the median existing home — -35.8%. A new-build premium is normal: the buyer gets a warranty and nothing to fix, and the price is set by a developer rather than negotiated between two households.
A further 9 transfers for this area are on the register but are left out of every figure above. HM Land Registry marks them as additional price paid entries: repossessions, buy-to-let portfolio moves, transfers between companies or family, and sales at a discount such as right to buy. They are real records but they are not open-market prices, and including them would drag the median somewhere no buyer ever paid.
Section 09
How NE48 4 compares
The median across the whole archive is £157,500. NE48 4 sits above that national figure — +7.9%.
Where an EPC floor area could be matched to the sale, the median works out at £2,099 per square metre, across 4 of the 199 sales on record. Price per square metre is the only figure that compares a two-bed flat with a four-bed house honestly.
The full range on record runs from £17,000 to £1,200,000. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.
Section 10
Nearby on the record
Other sectors in NE48
The wider district is NE48.
Quick answers
Common questions about this data
What is the average house price in NE48 4?
The median price paid in NE48 4 across every sale on the register is £170,000. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.
How many homes have sold in NE48 4?
199 sales are on record for NE48 4, the most recent completing on 4 Feb 2026. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.
Have NE48 4 house prices actually risen?
In cash, the median rose +87.5% between 2014 and 2025. In 2026 money — that is, after inflation — the change is +33.6%. Both numbers are true; only the second one tells you whether buying here preserved value.
When were NE48 4 house prices at their highest?
The highest yearly median on record is £430,000, set in 2023. That is the cash figure; measured in 2026 money the peak may fall in a different year, because inflation reshapes the series.
What is the price per square metre in NE48 4?
£2,099 per square metre, from the 4 sales where an EPC floor area could be matched to the address. Price per square metre strips out size, so a flat and a house can be compared on the same basis.
How current is this data?
The latest sale shown here completed on 4 Feb 2026. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.
Cite this page: Sold Price History, “NE48 4 house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.