NE28 8RZ is a residential postcode located on Albert Avenue, Wallsend, NE28. It is the 780th largest postcode in the NE28 area.
It contains 30 residential addresses consisting of 4 houses, 18 flats and 8 unknown and the most common type of property is a period flat built between 1800 and 1911.
The average house value is £67,341. 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 £60,006 for a leasehold flat, with 2 bedrooms split across 517 square feet of gross internal area and has a garden to £138,796 for a freehold house, with 4 bedrooms split across 1,195 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE28 8RZ is £104/ft2.
Properties achieve a rental yield of between 7.2% and 9.7%, and rental values range from £485 to £837 per month.
The last sale was 27 Mar 2024 for £66,000 and since then the market in the area has increased by 2.9%. The postcode has had a total of 4 sales since 1995.
NE28 8RZ has seen 1 sale in the last three years and 1 sale in the last twelve months.
NE28 8RZ is the 780th largest and the 87th most expensive postcode out of the 1,070 postcodes in the NE28 area.
NE28 8RZ is the 780th largest and the 87th most expensive postcode out of the 1,070 postcodes in the NE28 area.
NE28 8RZ is a residential postcode located on Albert Avenue, Wallsend, NE28 with 4 houses, 18 flats and 8 unknown within its bounds.
The most common property type in NE28 8RZ is a period flat built between 1800 and 1911.
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to NE28 8RZ is Northumberland Park (Tyne & Wear) station which is 4.5 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 8RZ, 50.0% of property is privately rented and 20.5% is privately owned outright.
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 8RZ, 17.2% of residents are recorded as possessing school level qualifications and 35.0% 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 8RZ, 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 8RZ, 0.0% 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 8RZ, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.