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NE28 7LT

NE28 7LT

Last update: Sep 2024

Postcode Overview

of NE28 7LT

NE28 7LT is a residential postcode located on Coronation Street, Wallsend, NE28. It is the 917th largest postcode in the NE28 area.

It contains 41 residential addresses consisting of 11 houses and 30 flats and the most common type of property is a period flat built between 1800 and 1911.

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Average property prices

in NE28 7LT

The average house value is £78,034. Sales values have increased in the last 12 months by 3.5% and Rental values have increased by 9.9%.

Property sale values range from £67,324 for a leasehold flat, with 2 bedrooms split across 526 square feet of gross internal area and has a garden to £218,416 for a freehold house, with 4 bedrooms split across 1,216 square feet of gross internal area and has a garden.

Average £/ft2 for properties in NE28 7LT is £110/ft2.

Properties achieve a rental yield of between 5.9% and 9.5%, and rental values range from £535 to £1,085 per month.

Sale value change
12 months
3.5%
Rental value change
12 months
9.9%
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Recent sales

within NE28 7LT

The last sale was 09 Feb 2024 for £187,500 and since then the market in the area as increased by 5.6%. The postcode has had a total of 4 sales since 1995.

NE28 7LT has seen 4 sales in the last three years and 1 sale in the last twelve months.

£187,500
Feb-2024
Sold
£72,000
May-2022
Sold
£72,000
May-2022
Sold
£67,500
Jul-2021
Sold
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Nearby postcodes

to NE28 7LT

NE28 7LT is the 917th largest and the 150th most expensive postcode out of the 1,070 postcodes in the NE28 area.

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Property types

in NE28 7LT

NE28 7LT is a residential postcode located on Coronation Street, Wallsend, NE28 with 11 houses and 30 flats within its bounds.

The most common property type in NE28 7LT is a period flat built between 1800 and 1911.

period house (11)
period flat (28)
mid-century flat (2)
Energy Efficiency

Energy Efficiency

of properties within NE28 7LT

The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.

A (0)
E (4)
B (0)
F (0)
C (8)
G (0)
D (22)
No EPC (7)
Schools nearby

Schools nearby

to NE28 7LT

The nearest primary school to NE28 7LT is Richardson Dees Primary School which is 400 m away and is rated Good by Ofsted.
400 m
Richardson Dees Primary School
Good
800 m
Western Community Primary School
Good
1.5 km
St Bernadettes Catholic Primary, Wallsend
Good
The nearest secondary school is Burnside College which is 700 m away and is rated Good by Ofsted.
700 m
Burnside College
Good
1.6 km
Walker Riverside Academy
Requires improvement
1.9 km
Benfield School
Requires improvement
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to NE28 7LT

The closest station to NE28 7LT is Northumberland Park (Tyne & Wear) station which is 4.5 km away.

4.5 km
Northumberland Park (Tyne & Wear)
4.9 km
Heworth
5.2 km
Manors
6.2 km
Newcastle
Source: National Rail
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