Key indicators for buyers
The NE41 market looks favourable for buyers. Prices have softened (-58.8%), which could present a buying opportunity. Affordability has improved from a peak of 7.0x in 2021 to 5.7x today. Rising rents (£662/mo, +4.9%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Northumberland area
A home in Northumberland costs 5.7x the local median salary — moderate, improving from a peak of 7.0x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Northumberland area
Average monthly rent in Northumberland is £662, up 4.9% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Northumberland price of £163,000 with a 25% deposit (£41k), a 2-year fixed mortgage at 3.97% costs around £643 per month.
Monthly cost comparison based on current data
Uses NE41 avg. price with Northumberland rental data
Monthly mortgage payments (£643) are £19 less than renting (£662). However, buying requires an upfront deposit of £41k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
3, STEPHENSON COURT NE41 8LA | Flat/Maisonette | £163,000 | 8 Jan 2026 |
39, TYNEDALE CLOSE NE41 8EX | Semi-detached | £280,000 | 10 Dec 2025 |
7, ALGERNON TERRACE NE41 8AX | Terraced | £325,000 | 5 Dec 2025 |
18, TYNEDALE CLOSE NE41 8EX | Terraced | £285,000 | 28 Nov 2025 |
9, INGHAM TERRACE NE41 8DS | Terraced | £435,000 | 30 Oct 2025 |
7, THE ORCHARD NE41 8BS | Detached | £700,000 | 30 Oct 2025 |
2, THOMAS CLOSE NE41 8BN | Detached | £510,000 |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in NE41 sold for £163,000 in 2026, with a median of £163,000 across 1 transactions. Prices fell 58.8% compared to the previous year.
| 26 Sept 2025 |
16, WOODVALE GARDENS NE41 8ES | Detached | £535,000 | 22 Sept 2025 |
4, RAILWAY COTTAGES NE41 8JS | Terraced | £255,000 | 19 Sept 2025 |
2, HAGG BANK COTTAGES NE41 8JT | Terraced | £280,000 | 5 Sept 2025 |
22, TYNEDALE CLOSE NE41 8EX | Terraced | £260,000 | 20 Aug 2025 |
40, CASTLE HILL HOUSE NE41 8JG | Detached | £210,000 | 25 Jul 2025 |
5, FALCON TERRACE NE41 8EE | Terraced | £485,000 | 21 Jul 2025 |
3, CASTLE HILL HOUSE NE41 8JG | Flat/Maisonette | £362,000 | 30 Jun 2025 |
ELM BANK COTTAGE, ELM BANK ROAD NE41 8HS | Semi-detached | £595,000 | 23 Jun 2025 |
1, DENE TERRACE EAST NE41 8AY | Terraced | £315,000 | 28 May 2025 |
3, WOODCROFT ROAD NE41 8DJ | Semi-detached | £420,000 | 31 Mar 2025 |
19, TYNEDALE CLOSE NE41 8EX | Terraced | £249,000 | 31 Mar 2025 |
THE WHITE COTTAGE, KYO CLOSE NE41 8JW | Detached | £335,000 | 25 Mar 2025 |
76, DENE ROAD NE41 8HB | Detached | £315,000 | 6 Mar 2025 |
The most recent recorded sale in NE41 was a flat/maisonette property on Stephenson Court for £163,000 in January 2026. Across the last 20 sales, the median price was £325,000.