Key indicators for buyers
The NE38 market is moderately favourable for buyers. Prices are rising at 24.0%, which may favour acting sooner rather than later. Affordability has improved from a peak of 5.4x in 2021 to 4.8x today. Rising rents (£694/mo, +4.3%) 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 Sunderland area
A home in Sunderland costs 4.8x the local median salary — relatively affordable, improving from a peak of 5.4x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Sunderland area
Average monthly rent in Sunderland is £694, up 4.3% 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 Sunderland price of £252,528 with a 25% deposit (£63k), a 2-year fixed mortgage at 3.97% costs around £997 per month.
Monthly cost comparison based on current data
Uses NE38 avg. price with Sunderland rental data
Monthly mortgage payments (£997) are £303 more than renting (£694). However, buying requires an upfront deposit of £63k — it would take around 18 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
7, BRETTON CLOSE NE38 8FE | Detached | £370,000 | 23 Jan 2026 |
WAYSIDE, OXCLOSE ROAD NE38 7ND | Detached | £191,667 | 15 Jan 2026 |
27, CHILTERN CLOSE NE38 0PE | Terraced | £125,000 | 9 Jan 2026 |
5, DELTON CLOSE, FATFIELD NE38 8LS | Detached | £332,500 | 9 Jan 2026 |
51, KIRKHAM NE38 7EY | Terraced | £120,000 | 7 Jan 2026 |
29, FOREST DRIVE NE38 9JD | Detached | £376,000 | 6 Jan 2026 |
25, LONGACRE NE38 8RG | Terraced | £130,000 |
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 NE38 sold for £252,528 in 2026, with a median of £262,083.5 across 6 transactions. Prices rose 24.0% compared to the previous year.
| 22 Dec 2025 |
19, SETTING STONES NE38 9EU | Detached | £370,000 | 19 Dec 2025 |
13, MONKSIDE CLOSE NE38 0QB | Semi-detached | £160,000 | 19 Dec 2025 |
84, CHIPCHASE NE38 0NG | Semi-detached | £202,000 | 19 Dec 2025 |
11, GLENORRIN CLOSE NE38 0DZ | Detached | £235,000 | 19 Dec 2025 |
59, COQUET NE38 9ER | Semi-detached | £156,000 | 19 Dec 2025 |
10, WALTHAM NE38 7JY | Flat/Maisonette | £72,000 | 19 Dec 2025 |
31, CHILHAM COURT NE38 0JP | Terraced | £88,000 | 19 Dec 2025 |
11, EDALE CLOSE NE38 8FH | Terraced | £280,000 | 18 Dec 2025 |
30, GLENGARVEN CLOSE NE38 0DY | Semi-detached | £125,000 | 17 Dec 2025 |
28, HEBDEN COURT NE38 8FQ | Detached | £449,000 | 17 Dec 2025 |
UNIT 10, SEDLING ROAD, WEAR INDUSTRIAL ESTATE NE38 9BZ | Other | £375,000 | 17 Dec 2025 |
9, FATFIELD PARK NE38 8BN | Detached | £318,000 | 16 Dec 2025 |
37, RICHMOND AVENUE NE38 7JQ | Semi-detached | £260,000 | 16 Dec 2025 |
The most recent recorded sale in NE38 was a detached property on Bretton Close for £370,000 in January 2026. Across the last 20 sales, the median price was £235,000.