NE28 7BT is a residential postcode situated on Willington Terrace, Wallsend, NE28 with 38 addresses.
It ranks as the 783rd largest and 119th most expensive of the 971 postcodes in the NE28 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 38 properties: 3 houses and 35 flats.
NE28 7BT is a residential postcode situated on Willington Terrace, Wallsend, NE28 with 38 addresses.
It ranks as the 783rd largest and 119th most expensive of the 971 postcodes in the NE28 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 38 properties: 3 houses and 35 flats.
Sale prices range from £77,698 for 2 bedroom Leasehold flats (430 ft2) to £124,002 for 2 bedroom freehold houses with a garden (688 ft2) .
Monthly rental prices range from £527 pcm for 2 bed flats to £873 pcm for 2 bed houses.
The gross rental yield is between 8.1% and 8.5%.
The average value per square foot is £172.
The current average value in the postcode is £81,304.
The NE28 7BT Sales Market has increased by 31.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.9% | £81,304 |
| April 2025 | 5.2% | £80,595 |
| April 2024 | 1.3% | £76,614 |
| April 2023 | 1.3% | £75,606 |
| April 2022 | 8.7% | £74,610 |
| April 2021 | 4.1% | £68,664 |
| April 2020 | 1.2% | £65,960 |
| April 2019 | 1.9% | £65,151 |
| April 2018 | 1% | £63,917 |
| April 2017 | 2.5% | £63,301 |
| April 2016 | -1% | £61,771 |
| April 2015 | 2.3% | £62,399 |
| April 2014 | 5.6% | £60,993 |
| April 2013 | -0.1% | £57,734 |
| April 2012 | -3.2% | £57,791 |
| April 2011 | -1.7% | £59,673 |
| April 2010 | 0.3% | £60,710 |
| April 2009 | -17% | £60,558 |
| April 2008 | 0% | £72,934 |
| April 2007 | 0% | £72,965 |
The current average rental value in the postcode is £554.
The NE28 7BT Rental Market has increased by 50.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.2% | £554pcm |
| April 2025 | 6.9% | £532pcm |
| April 2024 | 8.5% | £498pcm |
| April 2023 | 7% | £458pcm |
| April 2022 | 8.7% | £428pcm |
| April 2021 | 5.4% | £394pcm |
| April 2020 | 1.9% | £374pcm |
| April 2019 | -0.1% | £367pcm |
| April 2018 | -0.8% | £367pcm |
| April 2017 | 0.6% | £370pcm |
| April 2016 | 1.3% | £368pcm |
| April 2015 | 0% | £363pcm |
| April 2014 | 0.4% | £363pcm |
| April 2013 | 0.4% | £362pcm |
| April 2012 | 0.6% | £360pcm |
| April 2011 | -0.4% | £358pcm |
| April 2010 | -0.9% | £360pcm |
| April 2009 | -4.7% | £363pcm |
| April 2008 | 2.3% | £381pcm |
| April 2007 | 0% | £372pcm |
NE28 7BT is the 783rd largest and the 119th most expensive postcode out of the 971 postcodes in the NE28 area.
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The closest station to NE28 7BT is Northumberland Park (Tyne & Wear) station which is 4.1 kilometres away.
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