← All areas

Property Prices in NE48 2

Average sold price £199,234

Confidence: 77/100

Based on 50 comparable sales in this area, HPI-adjusted to current prices. Last computed 2026-08-06.

Price trend

2021
£246,476 (31 sales)
2022
£292,356 (31 sales)
2023
£235,644 (18 sales)
2024
£214,519 (25 sales)
2025
£248,802 (25 sales)
2026
£265,000 (3 sales)

Property type mix

Terraced
41% (367 sales)
Detached
35% (319 sales)
Semi-detached
17% (153 sales)
O
5% (45 sales)
Flat/Maisonette
2% (15 sales)

Recent comparable sales

  • £201,111 840 sqft
  • £393,550 1238 sqft
  • £583,871 1561 sqft
  • £157,107 1044 sqft
  • £196,383
  • £116,747 732 sqft
  • £125,462
  • £89,600
  • £340,205 1214 sqft
  • £261,058 1066 sqft
  • £107,138
  • £102,335

Common questions about property prices in NE48 2

How is the average property price for NE48 2 calculated?

The £199,234 average for NE48 2 is based on 50 comparable HM Land Registry sold-price transactions, adjusted to current prices using the UK House Price Index. See how UK property valuations work for the full method.

How confident is this estimate?

This estimate has a confidence score of 77 out of 100, based on the number and recency of comparable sales available for NE48 2. A higher score means more comparable sales were available.

How often is this data updated?

Data for NE48 2 was last computed on 2026-08-06, and is refreshed nightly as new Land Registry sales are recorded.

Is this the same as a RICS survey or mortgage valuation?

No. This is an automated estimate based on comparable sold prices, not a physical inspection. See RICS survey vs online valuation for the difference.

Get a valuation for a specific address in NE48 2

This page shows the area average. For a valuation tailored to a specific property’s type and bedroom count, search its postcode. See how UK property valuations work for the method behind this number.

Value a property in NE48 2

Thinking about investing in NE48 2?

PropertyAlert.uk tracks below-market-value deals and undervalued listings across this postcode, scored daily, free 7-day trial.

See deals like this near you