Park Road - NE28 7LP
Key Postcode Insights
NE28 7LP is a residential postcode situated on Park Road, Wallsend, NE28 with 36 addresses.
It ranks as the 763rd largest and 270th most expensive of the 971 postcodes in the NE28 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 36 properties: 11 houses and 25 flats.
- Ave. Sale Price
- £131,012
- 10 Year change
- up 28.0%
- Ave. Rental Price
- £888pcm
- 10 Year change
- up 48.7%
- Ave. £ per ft²
- £131/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Key Postcode Insights
NE28 7LP is a residential postcode situated on Park Road, Wallsend, NE28 with 36 addresses.
It ranks as the 763rd largest and 270th most expensive of the 971 postcodes in the NE28 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 36 properties: 11 houses and 25 flats.
- Ave. Sale Price
- £131,012
- 10 Year change
- up 28.0%
- Ave. Rental Price
- £888pcm
- 10 Year change
- up 48.7%
- Ave. £ per ft²
- £131/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Explore Propertiesin NE28 7LP
- 87 Park Road
5 Bed Period House
- 89 Park Road
5 Bed Period House
- 91 Park Road
5 Bed Period House
- 93 Park Road
5 Bed Period House
- 99 Park Road
House
Sales Market Trends
The last sale in NE28 7LP sold for £207,500 on 26th February 2026. Since then prices are up an average of 3.0%.
The current average value in the postcode is £131,012.
The NE28 7LP Sales Market has increased by 28.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £131,012 |
| June 2025 | 2.6% | £130,499 |
| June 2024 | 2.8% | £127,211 |
| June 2023 | 0.9% | £123,722 |
| June 2022 | 6.2% | £122,582 |
| June 2021 | 4.5% | £115,386 |
| June 2020 | 2.1% | £110,434 |
| June 2019 | 2.3% | £108,121 |
| June 2018 | 1.6% | £105,713 |
| June 2017 | 1.7% | £104,090 |
| June 2016 | 0.3% | £102,327 |
| June 2015 | 1.7% | £102,014 |
| June 2014 | 6.3% | £100,262 |
| June 2013 | 0.6% | £94,352 |
| June 2012 | -4.7% | £93,746 |
| June 2011 | -0.9% | £98,326 |
| June 2010 | 4% | £99,247 |
| June 2009 | -13.3% | £95,465 |
| June 2008 | -3.4% | £110,053 |
| June 2007 | 0% | £113,974 |
Rental Market Trends
The current average rental value in the postcode is £888.
The NE28 7LP Rental Market has increased by 48.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £888pcm |
| June 2025 | 3% | £856pcm |
| June 2024 | 9.4% | £831pcm |
| June 2023 | 8% | £759pcm |
| June 2022 | 8.9% | £703pcm |
| June 2021 | 4.1% | £645pcm |
| June 2020 | 3.4% | £620pcm |
| June 2019 | -0.1% | £600pcm |
| June 2018 | 0.4% | £600pcm |
| June 2017 | 0.1% | £598pcm |
| June 2016 | 0.2% | £597pcm |
| June 2015 | 0.9% | £596pcm |
| June 2014 | 1.5% | £591pcm |
| June 2013 | -0.7% | £582pcm |
| June 2012 | -0.9% | £586pcm |
| June 2011 | 2.6% | £591pcm |
| June 2010 | 2.8% | £577pcm |
| June 2009 | -4% | £561pcm |
| June 2008 | 1.2% | £584pcm |
| June 2007 | 0% | £577pcm |
Sales History
The last sale was on 26th February 2026 for £207,500 and since then the market in the area has increased by 3.0%. The postcode has had a total of 78 sales since 1995.
NE28 7LP has seen 6 sales in the last three years and 1 sale in the last twelve months.
- Sold Feb 2026£207,500 | 5 Bed House93, Park Road, Wallsend, NE28 7LP93, Park Road, Wallsend, NE28 7LP
- Sold Sep 2024£181,000 | 5 Bed House87, Park Road, Wallsend, NE28 7LP87, Park Road, Wallsend, NE28 7LP
- Sold Nov 2023£110,500 | 3 Bed Flat139, Park Road, Wallsend, NE28 7LP139, Park Road, Wallsend, NE28 7LP
- Sold Jun 2023£200,000 | 5 Bed House111, Park Road, Wallsend, NE28 7LP111, Park Road, Wallsend, NE28 7LP
- Sold Mar 2023£105,000 | 3 Bed Flat151, Park Road, Wallsend, NE28 7LP151, Park Road, Wallsend, NE28 7LP
Nearby Postcodes
NE28 7LP is the 763rd largest and the 270th most expensive postcode out of the 971 postcodes in the NE28 area.
- NE28 7QR, Park Road, Wallsend, NE28NE28 7QR27 Addresses|43 m away
- NE28 7LS, Sunningdale Avenue, Wallsend, NE28NE28 7LS16 Addresses|46 m away
- NE28 7LZ, Croft Avenue, Wallsend, NE28NE28 7LZ14 Addresses|51 m away
- NE28 8HA, Park Road, Wallsend, NE28NE28 8HA6 Addresses|69 m away
- NE28 8HQ, Laburnum Avenue, Wallsend, NE28NE28 8HQ41 Addresses|79 m away
Property Types
- 6 period houses built between 1800 and 1911
- 15 period flats built between 1800 and 1911
- 1 house of an unknown age
- 1 flat of an unknown age
- 13 other addresses of unknown type
- period house (6)
- period flat (15)
- house (1)
- flat (1)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (10)
- G (0)
- D (6)
- No EPC (18)
Top 3 Most Expensive Sales
- Sold May 2026£238,000 | 4 Bed House128, Park Road, Wallsend, NE28 7QR128, Park Road, Wallsend, NE28 7QR
- Sold Mar 2023£222,500 | 5 Bed House138, Park Road, Wallsend, NE28 7QR138, Park Road, Wallsend, NE28 7QR
- Sold Jan 2022£210,000 | 5 Bed House186, Park Road, Wallsend, NE28 7QS186, Park Road, Wallsend, NE28 7QS
Schools Nearby
- Richardson Dees Primary School500 m away
- Western Community Primary School700 m away
- St Columba's Catholic Primary School, Wallsend700 m away
- Burnside College800 m away
- Walker Riverside Academy1.6 km away
- Benfield School1.8 km away
More reading links
Public Transport Nearby
The closest station to NE28 7LP is Northumberland Park (Tyne & Wear) station, which is 4.5 kilometres away.
- Northumberland Park (Tyne & Wear)|4.5 km away
- Heworth|4.8 km away
- Manors|5.2 km away
- Newcastle|6.1 km away
