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House Prices in NE28

The average house price in NE28 (Wallsend) is £149,382 using HM Land Registry data.

The average property price increased by £32,446 (50.43%) over the last 5 years and increased by £6,484 (6.53%) over the last 12 months.

Over the last year, there were 497 residential property sales – a decrease of 99 transactions (-19.92%) relative to the previous year. The majority of house sales (140) were in the £120,000 - £160,000 range. Then came properties in the £160,000 - £200,000 range, where 90 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 46 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-2,724 (-1%).

In May 2025, there were 74 new estate agency instructions, 73 agreed home sales and 33 property price reductions.

5-Year Average Property Prices in NE28 (Wallsend)

50.43%

Property prices in NE28 (Wallsend) increased by 50.43% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NE28 (Wallsend) Over the Last Year

6.53%

Property prices in NE28 (Wallsend) increased by 6.53% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for NE28 (Wallsend) - May 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NE28 (Wallsend)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NE28 (Wallsend)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NE28 (Wallsend)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NE28 (Wallsend) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE28 postcode area since 1995.

Recent Sales in NE28 (Wallsend)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
286 Churchill Street, Wallsend, Tyne And Wear, NE28 7TL	£200,000	£200,000	£0	05 Sep 2024	14 Feb 2025	162 Days
45 Chelford Close, Wallsend, Tyne And Wear, NE28 9YD	£135,000	£131,000	-£4,000	26 Jul 2024	14 Feb 2025	203 Days
11 Hawthorne Grove, Wallsend, Tyne And Wear, NE28 8HD	£185,000	£175,000	-£10,000	25 Jul 2024	07 Feb 2025	197 Days
46 Farndale, Wallsend, Tyne And Wear, NE28 8TH	£225,000	£225,000	£0	12 Nov 2024	05 Feb 2025	85 Days
82 Church View, Wallsend, Tyne And Wear, NE28 6PU	£150,000	£145,000	-£5,000	09 Nov 2024	29 Jan 2025	81 Days
121 Exeter Road, Wallsend, Tyne And Wear, NE28 9YR	£275,000	£275,000	£0	22 Jul 2024	24 Jan 2025	186 Days
6 Tree Top Mews, Wallsend, Tyne And Wear, NE28 9EH	£300,000	£300,000	£0	07 Jun 2024	24 Jan 2025	231 Days
214 Station Road, Wallsend, Tyne And Wear, NE28 8RD	£139,950	£136,000	-£3,950	08 Aug 2024	22 Jan 2025	167 Days
1 Bishops Close, Wallsend, Tyne And Wear, NE28 7BU	£169,950	£168,000	-£1,950	13 Jun 2024	17 Jan 2025	218 Days
121 North View, Wallsend, Tyne And Wear, NE28 7PP	£195,000	£190,000	-£5,000	22 Jul 2024	13 Jan 2025	175 Days
79 Kings Road North, Wallsend, Tyne And Wear, NE28 9HT	£180,000	£172,000	-£8,000	22 May 2024	10 Jan 2025	233 Days
3 Eskdale Avenue, Wallsend, Tyne And Wear, NE28 9JA	£115,000	£105,000	-£10,000	30 Jul 2024	10 Jan 2025	164 Days
6 Churchill Street, Wallsend, Tyne And Wear, NE28 7SZ	£135,000	£133,000	-£2,000	12 Aug 2024	08 Jan 2025	149 Days
276 Churchill Street, Wallsend, Tyne And Wear, NE28 7TL	£149,950	£148,000	-£1,950	25 Jul 2024	16 Dec 2024	144 Days
55 Alexandrea Way, Wallsend, Tyne And Wear, NE28 9JX	£90,000	£90,000	£0	12 Jul 2024	06 Dec 2024	147 Days
51 Lancaster Drive, Wallsend, Tyne And Wear, NE28 9TF	£269,950	£268,000	-£1,950	23 Jul 2024	06 Dec 2024	136 Days
2 Springfield Gardens, Wallsend, Tyne And Wear, NE28 8AJ	£150,000	£145,000	-£5,000	05 Sep 2024	29 Nov 2024	85 Days
41 Hollings Crescent, Wallsend, Tyne And Wear, NE28 9LN	£165,000	£165,000	£0	09 Jul 2024	25 Nov 2024	139 Days
11 Roman Court, Wallsend, Tyne And Wear, NE28 7JP	£115,000	£108,000	-£7,000	23 May 2024	25 Nov 2024	186 Days
7 Mcilvenna Gardens, Wallsend, Tyne And Wear, NE28 9EY	£225,000	£222,500	-£2,500	13 Aug 2024	25 Nov 2024	104 Days

Most Expensive Streets in NE28 (Wallsend)

Postcode	Street	Area	Average	No. of Sales
NE28 9GP	Hunter Grove	Wallsend	£400,422	9
NE28 7PG	The Green	Wallsend	£358,000	6
NE28 8UG	Hyde Park, Parklands	Wallsend	£353,605	4
NE28 9ZH	Hadrian Wynd	Wallsend	£297,636	11
NE28 8SR	High View	Wallsend	£288,333	3
NE28 9XZ	Aysgarth Avenue, Hadrian Park	Wallsend	£286,720	5
NE28 8UN	Richmond Park, Parklands	Wallsend	£286,666	3
NE28 7QQ	The Covers	Wallsend	£286,500	5
NE28 9GE	Quarry Close	Wallsend	£284,950	6
NE28 9QU	Ascot Close	Wallsend	£277,666	3

Least Expensive Streets in NE28 (Wallsend)

Postcode	Street	Area	Average	No. of Sales
NE28 0JJ	Brinkburn Street, East Howdon	Wallsend	£38,500	3
NE28 0JZ	Barrasford Street, East Howdon	Wallsend	£53,050	5
NE28 6PE	Holly Avenue	Wallsend	£53,750	3
NE28 7RX	High Street East	Wallsend	£54,770	5
NE28 6JD	Vine Street	Wallsend	£56,000	4
NE28 6TQ	Laurel Street	Wallsend	£58,833	3
NE28 6SL	George Street, Willington Quay	Wallsend	£60,362	4
NE28 7BJ	Burn Terrace, Rosehill	Wallsend	£61,333	6
NE28 7EL	Stanwix, Engine Inn Road	Wallsend	£62,166	3
NE28 6QF	Ford Terrace	Wallsend	£62,833	3