What is the average house price in the NE23 postcode district?

The median sold price in NE23 is £178,500, based on 562 transactions recorded by HM Land Registry in the 12 months ending April 2026.

Is NE23 cheap or expensive compared with the UK average?

The Gera District Price Index (GDPI) for NE23 is 62 (UK outcode median = 100). NE23 is below-average: its median of £178,500 is 38% below the UK outcode median of £288,675 (HM Land Registry PPD, April 2026).

How much does a detached house cost in NE23?

The median price for a detached house in NE23 is £309,475, according to HM Land Registry Price Paid Data for the 12 months ending April 2026.

How much does a flat cost in NE23?

The median price for a flat or maisonette in NE23 is £80,000, based on HM Land Registry transaction data for the 12 months ending April 2026.

What is the typical price for a terraced house in NE23?

The median price for a terraced house in NE23 is £146,000 (HM Land Registry PPD, 12 months to April 2026).

How much does a semi-detached house cost in NE23?

The median price for a semi-detached house in NE23 is £178,500 (HM Land Registry PPD, 12 months to April 2026).

What is the Gera District Price Index for NE23?

The Gera District Price Index (GDPI) for NE23 is 62, where 100 equals the UK outcode median (£288,675). The GDPI allows direct comparison between postcode districts regardless of geography. Methodology: https://gerarent.com/methodology/gera-district-price-index.

House prices in the NE23 postcode district

Based on 562 Land Registry transactions · 12 months ending April 2026

What is the median house price in NE23?

As of April 2026, the median sold price in the NE23 postcode district is £178,500, based on 562 Land Registry transactions in the 12 months ending April 2026. The Gera District Price Index (GDPI) for NE23 is 62 — 38% below the UK outcode median of £288,675. Detached homes sold for a median of £309,475.

Source:HM Land Registry — Price Paid Data·As of April 2026 · updated monthly (last: 2026-06-19)

62GDPI

Gera District Price Index — NE23

62 / 100 where 100 = UK outcode median (£288,675). NE23 is 38% below the national outcode median.

How is the GDPI computed?

Median sold prices in NE23

Overall median: £178,500
vs UK outcode median: -38%
Transactions (12m): 562

By property type

Median sold price by property type in NE23 (HM Land Registry PPD, April 2026)
Property type	Median price	vs overall
Detached	£309,475	+73%
Semi-detached	£178,500	+0%
Terraced	£146,000	-18%
Flat / maisonette	£80,000	-55%

Property type medians are shown only where ≥3 transactions were recorded. All figures: HM Land Registry Price Paid Data, 12 months ending April 2026.

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Set a budget to see which UK outcode districts have a median sold price at or below it — ranked by the Gera District Price Index.

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Top 12 postcode districts with median ≤ £178,500, ordered by Gera District Price Index (highest = best value relative to national median):

Outcode	Median price	GDPI	Transactions
LA4	£178,500	62	366
NE23	£178,500	62	562
S44	£178,346	62	336
B21	£177,500	61	162
BD14	£175,000	61	135
BL4	£175,000	61	378
CH8	£175,000	61	227
DL9	£175,000	61	114
HX2	£175,000	61	472
L36	£175,000	61	418
LA1	£175,750	61	672
LL14	£175,000	61	320

Medians are from HM Land Registry Price Paid Data — rolling 12 months to June 2026. GDPI = Gera District Price Index (UK outcode median = 100). Your inputs are used only in your browser.

NE23 house prices — questions and answers

What is the average house price in the NE23 postcode district?: The median sold price in NE23 is £178,500, based on 562 transactions recorded by HM Land Registry in the 12 months ending April 2026.
Is NE23 cheap or expensive compared with the UK average?: The Gera District Price Index (GDPI) for NE23 is 62 (UK outcode median = 100). NE23 is below-average: its median of £178,500 is 38% below the UK outcode median of £288,675 (HM Land Registry PPD, April 2026).
How much does a detached house cost in NE23?: The median price for a detached house in NE23 is £309,475, according to HM Land Registry Price Paid Data for the 12 months ending April 2026.
How much does a flat cost in NE23?: The median price for a flat or maisonette in NE23 is £80,000, based on HM Land Registry transaction data for the 12 months ending April 2026.
What is the typical price for a terraced house in NE23?: The median price for a terraced house in NE23 is £146,000 (HM Land Registry PPD, 12 months to April 2026).
How much does a semi-detached house cost in NE23?: The median price for a semi-detached house in NE23 is £178,500 (HM Land Registry PPD, 12 months to April 2026).
What is the Gera District Price Index for NE23?: The Gera District Price Index (GDPI) for NE23 is 62, where 100 equals the UK outcode median (£288,675). The GDPI allows direct comparison between postcode districts regardless of geography. Methodology: https://gerarent.com/methodology/gera-district-price-index.

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All median prices are computed by GeraRent from the HM Land Registry — Price Paid Data — rolling 12 months ending April 2026. Minimum 5 transactions per outcode; type medians require ≥3. The Gera District Price Index (GDPI) is a Gera proprietary computation — methodology at https://gerarent.com/methodology/gera-district-price-index. Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.