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House Prices in NE28

The average house price in NE28 (Wallsend) is £170,625 using HM Land Registry data.

The average property price increased by £37,787 (23.24%) over the last 5 years and increased by £7,554 (3.92%) over the last 12 months.

Over the last year, there were 444 residential property sales – a decrease of 254 transactions (-57.21%) relative to the previous year. The majority of house sales (111) were in the £122,000 - £164,000 range. Then came properties in the £80,000 - £122,000 range, where 92 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 52 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,393 (-2%).

In Jul 2026, there were 97 new estate agency instructions, 79 agreed home sales and 18 property price reductions.

5-Year Average Property Prices in NE28 (Wallsend)

23.24%

Property prices in NE28 (Wallsend) increased by 23.24% 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

3.92%

Property prices in NE28 (Wallsend) increased by 3.92% 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) - Jul 2026

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
20 Laburnum Avenue, Wallsend, NE28 8HQ	£250,000	£250,000	£0	15 Dec 2025	26 May 2026	162 Days
68 Lauderdale Avenue, Kings Estate, Wallsend, NE28 9HX	£160,000	£158,000	-£2,000	24 Nov 2025	08 May 2026	165 Days
18 Cestrium Court, Wallsend, NE28 7JR	£185,000	£185,000	£0	17 Sep 2025	01 May 2026	226 Days
8 Kings Road South, Wallsend, NE28 7RB	£425,000	£425,000	£0	02 Dec 2025	28 Apr 2026	147 Days
26 The Meadows, Wallsend, NE28 7QA	£290,000	£290,000	£0	07 Jan 2026	28 Apr 2026	111 Days
91 Richardson Street, Wallsend, NE28 7PR	£180,000	£179,000	-£1,000	07 Aug 2025	28 Apr 2026	264 Days
6 Horsley View, Wallsend, NE28 6JN	£220,000	£215,500	-£4,500	24 Jun 2025	27 Apr 2026	307 Days
40 Cawfields Close, Wallsend, NE28 0BJ	£255,000	£252,500	-£2,500	11 Jul 2025	24 Apr 2026	287 Days
32 Tiberius Close, Wallsend, NE28 6RH	£95,000	£94,500	-£500	06 Sep 2025	22 Apr 2026	228 Days
15 Russell Close, Battle Hill, Wallsend, NE28 9JY	£85,000	£85,000	£0	27 Aug 2025	17 Apr 2026	233 Days
5 Brockwell Gardens, Wallsend, NE28 9GH	£235,000	£235,000	£0	28 Jan 2026	16 Apr 2026	78 Days
14 Ashfield Mews, Wallsend, NE28 7RG	£95,000	£95,000	£0	11 Nov 2025	09 Apr 2026	149 Days
62 Moor Drive, Wallsend, NE28 9FE	£400,000	£395,000	-£5,000	23 Oct 2025	07 Apr 2026	166 Days
67 Hotspur Road, Sunholme Estate, Wallsend, NE28 9HJ	£180,000	£177,500	-£2,500	11 Oct 2025	02 Apr 2026	173 Days
13 North View, Wallsend, NE28 7NF	£190,000	£188,000	-£2,000	11 Jun 2025	27 Mar 2026	289 Days
27 Cawfields Close, Wallsend, NE28 0BJ	£285,000	£285,000	£0	10 Oct 2025	27 Mar 2026	168 Days
6 Moor Drive, Wallsend, NE28 9FE	£245,000	£236,000	-£9,000	03 Nov 2025	25 Mar 2026	142 Days
76 Laburnum Avenue, Wallsend, NE28 8HG	£195,000	£190,000	-£5,000	11 Aug 2025	20 Mar 2026	221 Days
66 Exeter Road, Sunholme Estate, Wallsend, NE28 9HQ	£270,000	£270,000	£0	19 Nov 2025	12 Mar 2026	113 Days
29 Ferndale Avenue, Wallsend, NE28 7NE	£165,000	£163,000	-£2,000	13 Oct 2025	09 Mar 2026	147 Days

Most Expensive Streets in NE28 (Wallsend)

Postcode	Street	Area	Average	No. of Sales
NE28 9GR	Stilt Way	Wallsend	£426,520	5
NE28 9GP	Hunter Grove	Wallsend	£401,588	17
NE28 9GN	Wear Close	Wallsend	£399,950	3
NE28 8UG	Hyde Park, Parklands	Wallsend	£380,000	3
NE28 8AQ	Greenside Close	Wallsend	£354,995	3
NE28 8SR	High View	Wallsend	£327,625	4
NE28 7RB	Kings Road South	Wallsend	£313,166	3
NE28 9GF	Beaumont Drive	Wallsend	£309,334	54
NE28 9XZ	Aysgarth Avenue, Hadrian Park	Wallsend	£307,500	3
NE28 9ZH	Hadrian Wynd	Wallsend	£306,583	12

Least Expensive Streets in NE28 (Wallsend)

Postcode	Street	Area	Average	No. of Sales
NE28 0JJ	Brinkburn Street, East Howdon	Wallsend	£38,500	3
NE28 6JD	Vine Street	Wallsend	£50,987	4
NE28 6PE	Holly Avenue	Wallsend	£51,750	5
NE28 7RX	High Street East	Wallsend	£56,633	3
NE28 6SB	Brussels Road	Wallsend	£56,950	4
NE28 0JZ	Barrasford Street, East Howdon	Wallsend	£57,312	4
NE28 6SL	George Street, Willington Quay	Wallsend	£58,690	5
NE28 7EL	Stanwix, Engine Inn Road	Wallsend	£62,166	3
NE28 6PG	Laurel Street	Wallsend	£64,000	3
NE28 7DB	Stanley Street, Rosehill	Wallsend	£66,150	5