At a Glance
Average Property Price - NE3
£324,810
51
National percentile
12 month avg at 31 Jul 2026
Average Monthly Rent - NE
£853
23
National percentile
Estimate at 31 Jul 2026
Average Net Household Income - NE3
£42,222
67
National percentile
2023 census data
Flat / Maisonette Yield - NE
6.6%
84
National percentile
Estimate at 31 Jul 2026
10-Year Annualised Price Growth - NE3
2.9%
42
National percentile
Estimate at 31 Jul 2026
10-Year Annualised Rent Growth - NE
4.1%
58
National percentile
Estimate at 31 Jul 2026
Street Rankings — NE3
Top 5 streets in NE3 ranked by 3-year average sale price.
| # | Street | 3Y Avg |
|---|---|---|
| 1 | Westfield Drive | £1,750,000 |
| 2 | Furzefield Road | £1,492,500 |
| 3 | Graham Park Road | £1,470,000 |
| 4 | Linden Avenue | £1,200,000 |
| 5 | Beechfield Road | £1,175,000 |
Highest Monthly Sales — NE3
The highest-value transaction recorded in NE3 for each of the last 5 months.
Property Price & Volume Trends
The average property price in NE3 is £315,221, roughly in line with the national average. Annual price growth over the past decade has averaged 3.2%, which is below the national trend. Transaction activity last year stood at 676 sales, down from a ten-year average of 784, suggesting a modest slowdown in market momentum.
Rent & Yield Trends
The average monthly rent across the broader NE postcode area is £830, below the national average. Rents have grown at 4.0% per year over ten years, slightly ahead of the national pace. The flat yield currently stands at 6.0%, up from a ten-year average of 5.3%, indicating improving returns for buy-to-let investors.
Income & Affordability Trends
Average household income in NE3 is £42,222, above the national average. The price-to-income ratio of 7.3x has improved since 2016, when it stood at 7.9x, suggesting purchase affordability has strengthened. Rental affordability has slightly worsened: the rent-to-income ratio has risen from 24.1% to 26.2%, indicating a greater share of household income now goes towards rent.
Resident Demographic Profile
The population is notably skewed towards older age groups: those aged 35–49 and 50–64 each account for around one-fifth of residents, compared to lower national shares. The proportion aged 16–24 is below average at 9.5%. Home ownership is strong, with 35.2% owning outright and 29.7% with a mortgage, both above national levels. The professional workforce dominates at 36.7%, well above the national average of 20.5%, while trades and elementary workers are significantly underrepresented.