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House Prices in NE37 House Prices in NE37 (Washington)

The average house price in NE37 (Washington) is £142,071 using HM Land Registry data.

The average property price decreased by £26,818 (-67.37%) over the last 5 years and decreased by £5,372 (-7.95%) over the last 12 months.

Over the last year, there were 194 residential property sales – a decrease of 19 transactions (-9.79%) relative to the previous year. The majority of house sales (50) were in the £104,000 - £146,000 range. Then came properties in the £62,000 - £104,000 range, where 35 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 176 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,579 (-2%).

In January 2025, there were 34 new estate agency instructions, 27 agreed home sales and 12 property price reductions.

Nearby Postcodes: DH1, DH2, DH3, DH4, NE1, NE10, NE11, NE2, NE31, NE32, NE34, NE35, NE36, NE38, NE6, NE8, NE85, NE9, NE99, SR1, SR4, SR5, SR6

5-Year Average Property Prices in NE37 (Washington)

67.37%

Property prices in NE37 (Washington) increased by 67.37% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NE37 (Washington) Over the Last Year

7.95%

Property prices in NE37 (Washington) increased by 7.95% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for NE37 (Washington) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NE37 (Washington)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NE37 (Washington)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NE37 (Washington)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NE37 (Washington) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE37 postcode area since 1995.

Recent Sales in NE37 (Washington)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
143 Coach Road Estate, Washington, Tyne And Wear, NE37 2EW£85,000£81,500-£3,50013 Jun 202406 Dec 2024176 Days
38 Cherwell, Washington, Tyne And Wear, NE37 3LB£120,000£120,000£018 Jul 202406 Dec 2024141 Days
11 Muirfield Drive, Washington, Tyne And Wear, NE37 2LS£210,000£210,000£009 Jul 202403 Dec 2024147 Days
142 Donvale Road, Washington, Tyne And Wear, NE37 1DL£125,000£122,500-£2,50011 Aug 202422 Nov 2024103 Days
30 Collingwood Court, Washington, Tyne And Wear, NE37 3EB£39,000£39,000£030 Sep 202422 Nov 202453 Days
26 Monterey, Washington, Tyne And Wear, NE37 2RG£160,000£157,000-£3,00003 Jun 202422 Nov 2024172 Days
25 Doddfell Close, Washington, Tyne And Wear, NE37 1SZ£119,950£115,000-£4,95015 Aug 202421 Nov 202498 Days
8 Carnoustie, Washington, Tyne And Wear, NE37 1ND£850,000£780,000-£70,00028 Feb 202406 Nov 2024252 Days
13 Carnoustie, Washington, Tyne And Wear, NE37 1ND£499,950£465,000-£34,95025 Oct 202406 Nov 202412 Days
58 Hertburn Gardens, Washington, Tyne And Wear, NE37 2DJ£72,500£70,000-£2,50003 Jul 202405 Nov 2024125 Days
10 North Avenue, Washington, Tyne And Wear, NE37 2LF£85,000£85,000£014 Jun 202429 Oct 2024137 Days
1 Monterey, Washington, Tyne And Wear, NE37 2RG£185,000£185,000£023 Feb 202425 Oct 2024245 Days
517 Coach Road Estate, Washington, Tyne And Wear, NE37 2HN£149,950£144,000-£5,95017 May 202425 Oct 2024161 Days
550 Coach Road Estate, Washington, Tyne And Wear, NE37 2HW£100,000£99,000-£1,00016 Jul 202418 Oct 202494 Days
118 Westernmoor, Washington, Tyne And Wear, NE37 1LT£220,000£214,000-£6,00023 Mar 202415 Oct 2024206 Days
2 Russell Street, Washington, Tyne And Wear, NE37 2TG£97,500£90,000-£7,50007 Jun 202404 Oct 2024119 Days
23 Collingwood Court, Washington, Tyne And Wear, NE37 3EB£25,000£25,000£016 Apr 202423 Sep 2024160 Days
4 Hampshire Place, Washington, Tyne And Wear, NE37 2NP£210,000£200,000-£10,00004 Apr 202413 Sep 2024162 Days
7 Monterey, Washington, Tyne And Wear, NE37 2RG£175,000£169,000-£6,00009 Mar 202421 Aug 2024165 Days
1 Stone Cellars, Washington, Tyne And Wear, NE37 1NS£210,000£200,000-£10,00012 Mar 202419 Aug 2024160 Days

Most Expensive Streets in NE37 (Washington)

PostcodeStreetAreaAverageNo. of Sales
NE37 1NDCarnoustieWashington£723,7504
NE37 1PDLoch LomondWashington£538,2005
NE37 1PXWentworth DriveWashington£436,0007
NE37 3HJUsworth HallWashington£416,1005
NE37 1PZSilloth DriveWashington£363,7504
NE37 1PGThe FarthingsWashington£265,6427
NE37 1ERHighfields ManorWashington£250,95937
NE37 1NYPortmarnockWashington£245,6663
NE37 1PLGleneagles DriveWashington£240,8333
NE37 1EAWellgarth RoadWashington£239,7229

Least Expensive Streets in NE37 (Washington)

PostcodeStreetAreaAverageNo. of Sales
NE37 3ENWaterloo WalkWashington£16,8336
NE37 3DXWaterloo CourtWashington£22,3754
NE37 3EPWellington WalkWashington£23,2166
NE37 3ELWaterloo WalkWashington£23,32711
NE37 3EDCollingwood CourtWashington£24,92912
NE37 3EFCollingwood CourtWashington£25,06424
NE37 3EGKenilworth CourtWashington£26,56014
NE37 3DTWellington CourtWashington£27,1717
NE37 3EQKenilworth CourtWashington£28,3993
NE37 3EBCollingwood CourtWashington£29,83712

Explore NE37 (Washington) using map

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