NE28 8QU is a residential postcode located on Elton Street East, Wallsend, NE28. It is the 549th largest postcode in the NE28 area.
It contains 19 residential addresses consisting of 1 house, 16 flats and 2 unknown and the most common type of property is a early-century flat built between 1912 and 1935.
The average house value is £78,483. Sales values have increased in the last 12 months by 3.6% and Rental values have increased by 10.0%.
Property sale values range from £66,847 for a leasehold flat, with 2 bedrooms split across 527 square feet of gross internal area and has no outside space to £132,644 for a freehold house, with 4 bedrooms split across 1,141 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE28 8QU is £119/ft2.
Properties achieve a rental yield of between 7.4% and 9.4%, and rental values range from £520 to £813 per month.
The last sale was 29 Sep 2022 for £77,000 and since then the market in the area has increased by 3%. The postcode has had a total of 4 sales since 1995.
NE28 8QU has seen 4 sales in the last three years and no sales in the last twelve months.
NE28 8QU is the 549th largest and the 153rd most expensive postcode out of the 1,070 postcodes in the NE28 area.
NE28 8QU is the 549th largest and the 153rd most expensive postcode out of the 1,070 postcodes in the NE28 area.
NE28 8QU is a residential postcode located on Elton Street East, Wallsend, NE28 with 1 house, 16 flats and 2 unknown within its bounds.
The most common property type in NE28 8QU is a early-century flat built between 1912 and 1935.
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to NE28 8QU is Heworth station which is 4.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NE28 8QU, 51.8% of property is socially rented and 25.3% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE28 8QU, 13.9% of residents are recorded as possessing school level qualifications and 10.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE28 8QU, the average age was 42.4 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE28 8QU, 1.8% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE28 8QU, there are an average of 0.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.