Postcode Sector Insight Detail

Property Market Insights – NE241

Property price trends, transaction volumes and rolling 12-month market signals for postcode sector NE241 using Land Registry data.

Property market insights

Current Insights

Signals currently stored for NE241

Back to insights
Unexpected Hotspot

28 transactions

31 Jan 2025 to 30 Jan 2026

Median property prices in postcode sector NE241 rose 25.7% over the past 12 months, significantly outperforming the UK average increase of 1.8%. Despite this surge, the sector's median price remains below the national average.

Insight Trigger

Rolling 12-Month Price Change That Triggered Insight

Previous window median price

31 Jan 2024 to 30 Jan 2025

£67,250

Current window median price

31 Jan 2025 to 30 Jan 2026

£84,500

Percentage change

31 Jan 2024 to 30 Jan 2025 vs 31 Jan 2025 to 30 Jan 2026

+25.7%

Data based on Land Registry Category A transactions (standard sales), excluding new build properties. Postcode sectors must have at least 20 transactions to generate an insight.

Rolling 12-Month Chart

Rolling 12-Month Sales

Each data point represents the previous 12 months of Land Registry transactions ending in that year. For example, the 2026 point represents Feb 2025 – Jan 2026.

Rolling 12-Month Chart

Rolling 12-Month Median Price

Each data point represents the previous 12 months of Land Registry transactions ending in that year. For example, the 2026 point represents Feb 2025 – Jan 2026.

Historical Chart

Sales per year

Historical Chart

Median price per year

Historical Data - Complete years only

Land Registry yearly summary

Year Sales Median price
1995 42 £22,500
1996 38 £25,250
1997 43 £22,000
1998 38 £18,000
1999 37 £20,000
2000 48 £19,750
2001 66 £15,750
2002 110 £23,825
2003 134 £31,500
2004 137 £48,000
2005 106 £50,000
2006 104 £65,000
2007 99 £69,950
2008 56 £59,800
2009 28 £63,500
2010 25 £60,000
2011 24 £54,500
2012 28 £46,090
2013 27 £40,000
2014 37 £42,000
2015 37 £40,000
2016 35 £44,000
2017 34 £45,000
2018 28 £44,500
2019 44 £59,475
2020 32 £56,000
2021 43 £53,000
2022 30 £70,500
2023 34 £54,500
2024 35 £64,950
2025 30 £83,000