NE48 house prices are built from 1,807 sales lodged with HM Land Registry, the oldest in 1995 and the most recent on 15 Jun 2026. The median price paid across the whole record is £135,000. Across the 10 years from 2016 to 2026 the median moved +35.6% in cash — but once inflation is taken out, the change in 2026 money is -2.9%.
Median price paid
£135,000
Change in cash, 2016–2026
+35.6%
Change in real terms
-2.9%
Median per m²
£1,574
HM Land Registry1,807 sales45 with floor areaLatest sale 15 Jun 2026
Section 01
How NE48 prices moved
The chart tracks the median NE48 house price for every year with a recorded sale, from 1995 to 2026. 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 | 5 | £44,000 | £97,701 |
| 2000s | 10 | £129,000 | £235,000 |
| 2010s | 10 | £159,950 | £225,530 |
| 2020s | 7 | £200,000 | £204,348 |
The highest yearly median on record for NE48 is £220,000 in 2023; the lowest is £42,500 in 1995. Across the full 32-year record the cash median has moved from £42,500 to £200,000.
In 2026 money that first median is worth £94,370, so the real change over the whole record is +111.9% — about +2.45% 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: +35.6% in cash against -2.9% 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 |
|---|---|---|---|---|
| Glenside | 15 Jun 2026 | Detached | £277,500 | £277,500 |
| 4 the Hotters | 29 May 2026 | Flat or maisonette | £105,000 | £105,000 |
| Fernwood | 28 May 2026 | Detached | £450,000 | £450,000 |
| KELD COTTAGE Burnmouth Cottages | 10 Apr 2026 | Terraced | £202,000 | £202,000 |
| 17 White Acre | 31 Mar 2026 | Terraced | £200,000 | £200,000 |
| 6 Fox Court | 11 Mar 2026 | Detached | £200,000 | £200,000 |
| 1 Storey Terrace | 4 Mar 2026 | Terraced | £180,000 | £180,000 |
| 1 South Waterside | 24 Feb 2026 | Terraced | £185,000 | £185,000 |
| The Cottage | 20 Feb 2026 | Detached | £200,000 | £200,000 |
| 3 Callisters Court | 18 Feb 2026 | Detached | £395,000 | £395,000 |
| 1 Woodbine Terrace | 4 Feb 2026 | Terraced | £165,000 | £165,000 |
| Chipchase House | 3 Feb 2026 | Detached | £920,000 | £920,000 |
| The Garden House | 3 Feb 2026 | Detached | £630,000 | £630,000 |
| Hott Cottage | 20 Jan 2026 | Detached | £380,000 | £380,000 |
| 2 Brookside Place | 6 Jan 2026 | Terraced | £129,000 | £129,000 |
| Bellsburn Foot | 19 Dec 2025 | Detached | £367,500 | £375,489 |
| 15 Armstrong Street | 19 Dec 2025 | Terraced | £86,000 | £87,870 |
| 7 Hawkhope Hill | 18 Dec 2025 | Semi-detached | £190,000 | £194,130 |
| 7 West Crescent | 12 Dec 2025 | Detached | £250,000 | £255,435 |
| Stewarts Cottage | 12 Dec 2025 | Semi-detached | £237,500 | £242,663 |
| THE HAWTHORNS Boat Road | 5 Dec 2025 | Detached | £600,000 | £613,043 |
| Upper Flat Carnaby House | 5 Dec 2025 | Flat or maisonette | £135,000 | £137,935 |
| 11 White Acre | 25 Nov 2025 | Semi-detached | £177,000 | £180,848 |
| Creywell | 21 Nov 2025 | Detached | £539,000 | £550,717 |
| 30 South End | 17 Nov 2025 | Terraced | £242,000 | £247,261 |
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 values — no mix of property types can flatter the number.
| Address | First recorded sale | Most recent sale | Cash a year | Real a year |
|---|---|---|---|---|
| KELD COTTAGE Burnmouth Cottages | £75,000 (1999) | £202,000 (2026) | +3.7% | +1.0% |
| 17 White Acre | £177,000 (2024) | £200,000 (2026) | +6.3% | +3.6% |
| 6 Fox Court | £75,000 (2003) | £200,000 (2026) | +4.4% | +1.5% |
| 1 Storey Terrace | £35,500 (1997) | £180,000 (2026) | +5.8% | +3.1% |
| 1 South Waterside | £28,151 (1997) | £185,000 (2026) | +6.7% | +4.0% |
| 3 Callisters Court | £320,000 (2018) | £395,000 (2026) | +2.7% | -1.0% |
| 1 Woodbine Terrace | £115,000 (2010) | £165,000 (2026) | +2.3% | -0.7% |
| 2 Brookside Place | £40,500 (1998) | £129,000 (2026) | +4.2% | +1.5% |
| 15 Armstrong Street | £96,000 (2007) | £86,000 (2025) | -0.6% | -3.5% |
| 2 the Terrace | £45,000 (1995) | £260,000 (2025) | +6.0% | +3.3% |
| 7 Hawkhope Hill | £100,000 (2018) | £190,000 (2025) | +9.6% | +5.5% |
| 7 West Crescent | £162,500 (2010) | £250,000 (2025) | +2.9% | -0.1% |
Section 04
What sells here
The mix of property types explains a large part of any area's median. NE48 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 | 680 | 37.6% | £205,000 | £8,500 – £1,742,528 |
| Terraced | 658 | 36.4% | £105,000 | £10,000 – £442,500 |
| Semi-detached | 429 | 23.7% | £128,000 | £7,000 – £480,000 |
| Flat or maisonette | 40 | 2.2% | £60,000 | £13,000 – £220,000 |
Section 05
How big homes are in NE48
Energy Performance Certificates record a floor area for every home that has been surveyed, sold or let — far more homes than have changed hands. 571 certificates cover NE48, and their median floor area is 90 m².
The median across the whole register is 76 m², so homes here are larger than average — +18.4%. 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 | 90 m² | about 969 sq ft |
| Smaller quarter, up to | 75 m² | about 807 sq ft |
| Larger quarter, from | 129 m² | about 1,389 sq ft |
| Under 60 m² | 9.5% | 54 homes |
| 150 m² and over | 18.2% | 104 homes |
Section 06
Ownership and new build in NE48
46 of the sales on record are leasehold and 1,761 freehold — 2.5% 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.
The median leasehold sale is £70,000 and the median freehold sale £136,000 — a gap of +94.3%. Most of that gap is property type rather than tenure itself: leasehold here is largely flats, freehold largely houses.
| Category | Sales | Share | Median paid |
|---|---|---|---|
| Leasehold | 46 | 2.5% | £70,000 |
| Freehold | 1,761 | 97.5% | £136,000 |
| New build | 101 | 5.6% | £140,000 |
| Existing home | 1,706 | 94.4% | £134,000 |
New builds sold for more than the median existing home — +4.5%. 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 152 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 compares
The median across the whole archive is £157,500. NE48 sits below that national figure — -14.3%.
Where an EPC floor area could be matched to the sale, the median works out at £1,574 per square metre, across 45 of the 1,807 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 £7,000 to £1,742,528. 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
Sectors inside NE48
This district mostly covers Hexham.
Quick answers
Common questions about this data
What is the average house price in NE48?
The median price paid in NE48 across every sale on the register is £135,000. 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?
1,807 sales are on record for NE48, the most recent completing on 15 Jun 2026. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.
Have NE48 house prices actually risen?
In cash, the median rose +35.6% between 2016 and 2026. In 2026 money — that is, after inflation — the change is -2.9%. Both numbers are true; only the second one tells you whether buying here preserved value.
When were NE48 house prices at their highest?
The highest yearly median on record is £220,000, 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?
£1,574 per square metre, from the 45 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 15 Jun 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 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.