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Postcode Overview
of NE28 7NE
NE28 7NE is a residential postcode located on Ferndale Avenue, Wallsend, NE28. It is the 925th largest postcode in the NE28 area.
It contains 42 residential addresses consisting of 37 houses and 5 flats and the most common type of property is a period house built between 1800 and 1911.
Average property prices
in NE28 7NE
The average house value is £161,239. Sales values have increased in the last 12 months by 2.5% and Rental values have increased by 8.9%.
Property sale values range from £82,838 for a leasehold flat, with 2 bedrooms split across 481 square feet of gross internal area and has no outside space to £202,762 for a freehold house, with 5 bedrooms split across 1,679 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE28 7NE is £148/ft2.
Properties achieve a rental yield of between 6.7% and 8.1%, and rental values range from £562 to £1,163 per month.
Recent sales
within NE28 7NE
The last sale was 28 Jun 2024 for £147,000 and since then the market in the area as increased by -0.7%. The postcode has had a total of 4 sales since 1995.
NE28 7NE has seen 4 sales in the last three years and 3 sales in the last twelve months.
Nearby postcodes
to NE28 7NE
NE28 7NE is the 925th largest and the 819th most expensive postcode out of the 1,070 postcodes in the NE28 area.
Property types
in NE28 7NE
NE28 7NE is a residential postcode located on Ferndale Avenue, Wallsend, NE28 with 37 houses and 5 flats within its bounds.
The most common property type in NE28 7NE is a period house built between 1800 and 1911.
Energy Efficiency
of properties within NE28 7NE
The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to NE28 7NE
Public transport nearby
to NE28 7NE
The closest station to NE28 7NE is Northumberland Park (Tyne & Wear) station which is 4.5 km away.
