4.1% Average

Rental Yield in NE38 — WASHINGTON

Rent data based on Sunderland local authority median. Our methodology

Average ↓ below North East average (4.6%) · ↑ above England average (3.6%)
£160,000
Median Price
£550
Monthly Rent
4.1%
Gross Yield
971
Transactions (3yr)

Price by Property Type

Type Median Price Sales
Detached £318,000 245
Semi-detached £176,000 263
Terraced £121,000 360
Flat £65,000 83
Other £177,500 20

Compare Nearby Postcodes

Compare NE38 side by side →
Postcode Area Yield Median Price Monthly Rent
NE37 WASHINGTON 5.5 £120,000 £550
DH3 CHESTER LE STREET 3.52 £170,000 £498
DH4 HOUGHTON LE SPRING 4.34 £151,950 £550
NE9 GATESHEAD 4.2 £170,000 £595

NE38 is part of Sunderland. View all postcode districts in Sunderland.

Frequently Asked Questions

What is the rental yield in NE38?

NE38 has a gross rental yield of 4.1%. The median property price is £160,000 with typical monthly rents of £550, based on Land Registry and VOA data.

Is NE38 a good area for buy-to-let?

NE38 yields 4.1%, above the England average of 3.6%. With 971 transactions over 3 years, the data is reliable.

What is the median property price in NE38?

The median property price in NE38 is £160,000, based on 971 Land Registry transactions over 3 years. This compares to £125,150 across Sunderland as a whole.

Data updated quarterly · Last update: Q1 2026