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Postcode Overview
of NE28 7LU
NE28 7LU is a residential postcode located on Coronation Street, Wallsend, NE28. It is the 525th largest postcode in the NE28 area.
It contains 18 residential addresses consisting of 8 houses and 10 flats and the most common type of property is a period flat built between 1800 and 1911.
Average property prices
in NE28 7LU
The average house value is £80,415. 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 £70,123 for a leasehold flat, with 2 bedrooms split across 624 square feet of gross internal area and has no outside space to £138,629 for a freehold house, with 3 bedrooms split across 936 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE28 7LU is £126/ft2.
Properties achieve a rental yield of between 7.6% and 9.2%, and rental values range from £534 to £884 per month.
Recent sales
within NE28 7LU
The last sale was 04 Sep 2023 for £135,500 and since then the market in the area as increased by 3.4%. The postcode has had a total of 4 sales since 1995.
NE28 7LU has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to NE28 7LU
NE28 7LU is the 525th largest and the 161st most expensive postcode out of the 1,070 postcodes in the NE28 area.
Property types
in NE28 7LU
NE28 7LU is a residential postcode located on Coronation Street, Wallsend, NE28 with 8 houses and 10 flats within its bounds.
The most common property type in NE28 7LU is a period flat built between 1800 and 1911.
Energy Efficiency
of properties within NE28 7LU
The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being B.
Schools nearby
to NE28 7LU
Public transport nearby
to NE28 7LU
The closest station to NE28 7LU is Northumberland Park (Tyne & Wear) station which is 4.6 km away.
