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NORTHUMBERLAND

NE23 House Prices & Property Market

Sold-price evidence and a 9-signal market rating for the NE23 postcode district, built from HM Land Registry, Bank of England, RICS, ONS and planning data. Index last computed Aug 2026.

50.69

Index / 100

Balanced

The NE23 market is broadly balanced. Neither buyers nor sellers hold a significant advantage. Conditions are relatively stable, though mortgage affordability is showing mild signs of warming.

Median sold price

£167,475

-16.8% year on year

Sales last month

18

HM Land Registry

NE23 sold price trend

MonthMedian priceSalesYoY
Jul 2025£195,6957
Aug 2025£218,12312
Sept 2025£219,6236
Oct 2025£165,0001
Nov 2025£75,0001
Dec 2025£158,0007
Jan 2026£192,9256+11.5%
Feb 2026£145,0003-5.9%
Mar 2026£195,0006-10.7%
Apr 2026£214,0002+0.8%
May 2026£205,00019+3.1%
Jun 2026£167,47518-16.8%

Source: HM Land Registry Price Paid Data. Months with few transactions can swing sharply.

What's driving the NE23 rating

Price Momentum0
Supply & Demand72
Mortgage Affordability92
Sales Velocity50
Surveyor Sentiment50
Rental Yield50
New Listings Volume50
Planning Pipeline50
Local Employment50

Each signal scored 0–100 against 10 years of history. Full methodology.

Go deeper on NE23

See street-level sold prices, an evidence-backed valuation range for your property, comparables and EPC £/sqft. Free to start.

NE23 property market FAQs

What is the average house price in NE23?

The median sold price in NE23 is £167,475, based on HM Land Registry transactions, -16.8% year on year.

Is NE23 a buyer's or seller's market right now?

NE23 currently scores 50.69/100 on our 9-signal market index, placing it in the "Balanced" band. The NE23 market is broadly balanced. Neither buyers nor sellers hold a significant advantage. Conditions are relatively stable, though mortgage affordability is showing mild signs of warming.

How long do homes take to sell in NE23?

We don't currently have days-on-market data for NE23.

Where does this data come from?

Sold prices come from HM Land Registry Price Paid Data. The market index combines 9 signals including price momentum, supply and demand, sales velocity, RICS surveyor sentiment, rental yield, planning pipeline and local employment. See our methodology page for full details.

Nearby postcode districts

NE21 · 55NE24 · 55NE11 · 53NE20 · 53NE33 · 53NE1 · 52NE30 · 51NE35 · 51NE5 · 51NE41 · 50NE69 · 50NE66 · 49

Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. Figures are indicative market statistics, not a formal valuation. Methodology.