Key indicators for buyers
The NE64 market is moderately favourable for buyers. Prices are rising at 17.2%, which may favour acting sooner rather than later. 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 £165,667 with a 25% deposit (£41k), a 2-year fixed mortgage at 3.97% costs around £654 per month.
Monthly cost comparison based on current data
Uses NE64 avg. price with Northumberland rental data
Monthly mortgage payments (£654) are £8 less than renting (£662). However, buying requires an upfront deposit of £41k — it would take around 9 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
28, GIBSON STREET NE64 6UW | Terraced | £225,000 | 14 Jan 2026 |
43, MATFEN TERRACE NE64 6XU | Terraced | £132,000 | 5 Jan 2026 |
8, NEW KING STREET NE64 6BD | Terraced | £140,000 | 5 Jan 2026 |
43, MATFEN TERRACE NE64 6XU | Terraced | £135,000 | 22 Dec 2025 |
24, SPITAL ROAD NE64 6SX | Semi-detached | £105,000 | 19 Dec 2025 |
75, LONG PARK NE64 6PN | Terraced | £98,500 | 19 Dec 2025 |
5, BAY VIEW WEST NE64 6NY | Terraced | £345,000 |
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 NE64 sold for £165,667 in 2026, with a median of £140,000 across 3 transactions. Prices rose 17.2% compared to the previous year.
| 18 Dec 2025 |
25, PELAW AVENUE NE64 6LD | Semi-detached | £115,000 | 15 Dec 2025 |
10, RUSTIC TERRACE NE64 6AU | Terraced | £165,000 | 12 Dec 2025 |
24, MANOR DRIVE NE64 6HA | Semi-detached | £173,000 | 10 Dec 2025 |
45, MATFEN TERRACE NE64 6XU | Terraced | £129,950 | 5 Dec 2025 |
1, WOODHORN CRESCENT NE64 6JD | Terraced | £52,000 | 5 Dec 2025 |
38, WOODHORN FARM NE64 6AH | Detached | £265,000 | 2 Dec 2025 |
9, HUNTERS LODGE, OAKWOOD AVENUE NE64 6AN | Terraced | £130,000 | 17 Nov 2025 |
9, NORTH SEATON ROAD NE64 6XS | Terraced | £145,000 | 10 Nov 2025 |
2, RUSTIC TERRACE NE64 6AU | Terraced | £170,000 | 7 Nov 2025 |
29, MANOR COURT NE64 6HF | Terraced | £135,000 | 7 Nov 2025 |
43A, GIBSON STREET NE64 6UY | Other | £141,000 | 7 Nov 2025 |
1, SIDNEY CRESCENT NE64 6XB | Terraced | £305,000 | 3 Nov 2025 |
5, BAY VIEW EAST NE64 6DZ | Terraced | £260,000 | 31 Oct 2025 |
The most recent recorded sale in NE64 was a terraced property on Gibson Street for £225,000 in January 2026. Across the last 20 sales, the median price was £141,000.