FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Wallsend

Wallsend House Prices Wallsend House Prices

The average house price in Wallsend is £131,976 using HM Land Registry data.

The average property price increased by £14,259 (10.06%) over the last 5 years and increased by £2,850 (1.86%) over the last 12 months.

Over the last year, there were 447 residential property sales – a decrease of 131 transactions (-29.31%) relative to the previous year. The majority of house sales (115) were in the £104,000 - £138,000 range. Then came properties in the £138,000 - £172,000 range, where 95 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 45 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,735 (-1%).

In April 2024, there were 111 new estate agency instructions, 51 agreed home sales and 13 property price reductions.

Neighbouring Areas: Longbenton, Tynemouth, Newcastle upon Tyne, Hebburn

Postcodes Covered: NE27, NE28, NE29, NE6

5-Year Average Property Prices in Wallsend

10.06%

Property prices in Wallsend increased by 10.06% 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 Wallsend Over the Last Year

1.86%

Property prices in Wallsend increased by 1.86% 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.

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).

Property Market Heat Gauge for Wallsend - April 2024

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 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 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 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 Wallsend since 1995

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

Recent Property Sales in Wallsend

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
171 Bewick Park, Wallsend, Tyne And Wear, NE28 9RZ£249,950£248,000-£1,95024 Nov 202329 Feb 202497 Days
18 Union Street, Wallsend, Tyne And Wear, NE28 6BW£90,000£90,000£0028 Jul 202315 Feb 2024202 Days
8 Aysgarth Avenue, Wallsend, Tyne And Wear, NE28 9XZ£325,000£325,000£0029 Aug 202305 Feb 2024160 Days
56 Boyd Road, Wallsend, Tyne And Wear, NE28 7SQ£230,000£227,500-£2,50011 Sep 202319 Jan 2024130 Days
19 Cleveland Gardens, Wallsend, Tyne And Wear, NE28 0DQ£85,000£79,000-£6,00006 Jul 202319 Jan 2024197 Days
131 Addington Drive, Wallsend, Tyne And Wear, NE28 9UZ£350,000£350,000£0019 May 202309 Jan 2024235 Days
84 Prospect Avenue North, Wallsend, Tyne And Wear, NE28 9LL£95,000£90,000-£5,00010 Oct 202321 Dec 202372 Days
32 Chelford Close, Wallsend, Tyne And Wear, NE28 9YD£69,950£67,500-£2,45004 May 202320 Dec 2023230 Days
11 Richmond Park, Wallsend, Tyne And Wear, NE28 8UN£260,000£250,000-£10,00028 Jul 202318 Dec 2023143 Days
34 Berkley Close, Wallsend, Tyne And Wear, NE28 9BJ£125,000£118,000-£7,00005 Sep 202318 Dec 2023104 Days
17 Bewick Park, Wallsend, Tyne And Wear, NE28 9RU£145,000£141,000-£4,00010 Jul 202315 Dec 2023158 Days
32 Jubilee Street, Wallsend, Tyne And Wear, NE28 8RY£125,000£122,500-£2,50021 Aug 202315 Dec 2023116 Days
174 Park Road, Wallsend, Tyne And Wear, NE28 7QS£155,000£155,000£0030 Aug 202314 Dec 2023106 Days
17 Lesbury Avenue, Wallsend, Tyne And Wear, NE28 7DR£120,000£120,000£0020 Sep 202312 Dec 202383 Days
48 Bewicke Road, Wallsend, Tyne And Wear, NE28 6SQ£55,000£50,000-£5,00031 Aug 202311 Dec 2023102 Days
3 Redcar Road, Wallsend, Tyne And Wear, NE28 0DD£69,950£68,000-£1,95031 Mar 202308 Dec 2023252 Days
15 Bristol Drive, Wallsend, Tyne And Wear, NE28 9HW£135,000£134,500-£50008 Sep 202308 Dec 202391 Days
39 Ashfield Mews, Wallsend, Tyne And Wear, NE28 7RG£89,950£89,000-£95012 Jun 202308 Dec 2023179 Days
22 North Terrace, Wallsend, Tyne And Wear, NE28 6PZ£120,000£120,000£0015 Sep 202307 Dec 202383 Days
10 Tynedale Avenue, Wallsend, Tyne And Wear, NE28 9LS£159,950£159,950£0003 Aug 202305 Dec 2023124 Days

Most Expensive Streets in Wallsend

PostcodeStreetAreaAverageNo. of Sales
NE28 7PGThe GreenWallsend£402,0005
NE28 9YQThe SwallowsWallsend£380,0003
NE28 8UGHyde ParkWallsend£329,8063
NE28 7QQThe CoversWallsend£287,7506
NE28 8ULGreen ParkWallsend£270,4163
NE28 8DEPark AvenueWallsend£265,0416
NE28 7JNSegedunum CrescentWallsend£262,2506
NE28 9XZAysgarth AvenueWallsend£261,0254
NE28 8DDPark ViewWallsend£258,8336
NE28 9ZHHadrian WyndWallsend£254,87512

Least Expensive Streets in Wallsend

PostcodeStreetAreaAverageNo. of Sales
NE28 7EJVindolandaRyton Gardens£49,6663
NE28 7RXHigh Street EastWallsend£51,3163
NE28 6PAHolly AvenueWallsend£56,2504
NE28 7BJBurn TerraceWallsend£59,9997
NE28 6RLHugh StreetWallsend£60,6663
NE28 6JBVine StreetWallsend£61,3333
NE28 6TQLaurel StreetWallsend£63,1663
NE28 7DBStanley StreetWallsend£64,8505
NE28 6JDVine StreetWallsend£65,0833
NE28 7JYHigh Street EastWallsend£66,0003

Explore Wallsend and Neighbouring Area House Prices

Sell Your
House Fast
Property Auctions Tyne & Wear
Property Auctions Tyne & Wear
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark