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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE28 7NUHouse Prices / North East, North Tyneside, Elm Terrace
Last updated May 2026
Key Postcode Insights
NE28 7NU is a residential postcode situated on Elm Terrace, Wallsend, NE28 with 4 addresses.
It ranks as the 72nd largest and 963rd most expensive of the 971 postcodes in the NE28 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
Key Postcode Insights
NE28 7NU is a residential postcode situated on Elm Terrace, Wallsend, NE28 with 4 addresses.
It ranks as the 72nd largest and 963rd most expensive of the 971 postcodes in the NE28 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
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House Pricesin NE28 7NU
Sale prices range from £201,793 for 2 bedroom leasehold houses with a garden (613 ft2) to £590,881 for 4 bedroom freehold houses with a garden (2,809 ft2) .
Monthly rental prices range from £903 pcm for 2 bed houses to £1,886 pcm for 4 bed houses.
The gross rental yield is between 3.8% and 5.4%.
The average value per square foot is £202.
Average Sale Value
£396,480
Average Rental Value
£1,380 pcm
Average Rental Yield
4.2% /year
Average Value Per Sqft
£202 /ft2
Sales Market Trendsin NE28 7NU
The last sale in NE28 7NU sold for £625,000 on 30th June 2025. Since then prices are down an average of 1.0%.
The current average value in the postcode is £396,480.
The NE28 7NU Sales Market has increased by 34.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.6% | £396,480 |
| April 2025 | 4.3% | £398,752 |
| April 2024 | 0.9% | £382,479 |
| April 2023 | 3% | £378,998 |
| April 2022 | 8.3% | £367,847 |
| April 2021 | 4.6% | £339,692 |
| April 2020 | 1.5% | £324,796 |
| April 2019 | 2.9% | £320,152 |
| April 2018 | 2% | £311,025 |
| April 2017 | 3.2% | £304,896 |
| April 2016 | -0.1% | £295,469 |
| April 2015 | 3.5% | £295,625 |
| April 2014 | 6.7% | £285,537 |
| April 2013 | 2.2% | £267,521 |
| April 2012 | -1.6% | £261,782 |
| April 2011 | -1.1% | £266,127 |
| April 2010 | 3.5% | £269,118 |
| April 2009 | -16.5% | £260,087 |
| April 2008 | 1.3% | £311,469 |
| April 2007 | 0% | £307,549 |
Rental Market Trendsin NE28 7NU
The current average rental value in the postcode is £1,380.
The NE28 7NU Rental Market has increased by 54.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £1,380pcm |
| April 2025 | 6% | £1,342pcm |
| April 2024 | 8.1% | £1,266pcm |
| April 2023 | 8.9% | £1,171pcm |
| April 2022 | 8.4% | £1,076pcm |
| April 2021 | 5.8% | £992pcm |
| April 2020 | 2.2% | £938pcm |
| April 2019 | 0.8% | £918pcm |
| April 2018 | 0.3% | £911pcm |
| April 2017 | 1.3% | £908pcm |
| April 2016 | 2.5% | £896pcm |
| April 2015 | 1.1% | £875pcm |
| April 2014 | 1.3% | £865pcm |
| April 2013 | 2.8% | £854pcm |
| April 2012 | 2.2% | £831pcm |
| April 2011 | 0.2% | £813pcm |
| April 2010 | 2.2% | £811pcm |
| April 2009 | -3.9% | £794pcm |
| April 2008 | 3.6% | £826pcm |
| April 2007 | 0% | £797pcm |
Explore Propertiesin NE28 7NU, Elm Terrace, Wallsend, NE28
- 1, Elm Terrace, Wallsend, NE28 7NU4 bed period house
- 2, Elm Terrace, Wallsend, NE28 7NU5 bed period house
- 3, Elm Terrace, Wallsend, NE28 7NU
- 4A , Elm Terrace, Wallsend, NE28 7NU
Sales Historyin NE28 7NU
The last sale was on 30th June 2025 for £625,000 and since then the market in the area has decreased by 1.0%. The postcode has had a total of 5 sales since 1995.
NE28 7NU has seen 2 sales in the last three years and 1 sale in the last twelve months.
Sold Jun 2025£625,000 | 4 Bed HouseElm Terrace1, Elm Terrace, Wallsend, NE28 7NU
Sold Sep 2023£385,000 | 5 Bed HouseElm Terrace2, Elm Terrace, Wallsend, NE28 7NU
Sold Nov 2011£408,000 | 4 Bed HouseElm Terrace1, Elm Terrace, Wallsend, NE28 7NU
Sold Nov 2006£250,000 | 4 Bed HouseElm Terrace1, Elm Terrace, Wallsend, NE28 7NU
Sold Oct 2005£195,000 | 5 Bed HouseElm Terrace2, Elm Terrace, Wallsend, NE28 7NU
Nearby Postcodesto NE28 7NU
NE28 7NU is the 72nd largest and the 963rd most expensive postcode out of the 971 postcodes in the NE28 area.
- 18 mNE28 7NJ, Back Elm Terrace, Wallsend, NE28NE28 7NJ1 Addresses
- 54 mNE28 7PA, The Green, Wallsend, NE28NE28 7PA1 Addresses
- 55 mNE28 7NT, Hawthorn Villas, Wallsend, NE28NE28 7NT4 Addresses
- 58 mNE28 7NX, Lily Bank, Wallsend, NE28NE28 7NX5 Addresses
- 121 mNE28 7NW, Park Villas, Wallsend, NE28NE28 7NW6 Addresses
- 140 mNE28 7PQ, The Green, Wallsend, NE28NE28 7PQ1 Addresses
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Property Typesin NE28 7NU
- 2 period houses built between 1800 and 1911
- 2 other addresses of unknown type
- period house (2)
- Unknown (2)
Energy Efficiencyof properties in NE28 7NU
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (2)
Schools Nearbyto NE28 7NU
The nearest primary school to NE28 7NU is Richardson Dees Primary School which is 594 metres away.
- 594mRichardson Dees Primary School
- 616mSt Columba's Catholic Primary School, Wallsend
- 815mWestern Community Primary School
The nearest secondary school is Burnside College which is 763 metres away.
- 763mBurnside College
- 1.9kmBenfield School
- 1.9kmWalker Riverside Academy
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Public Transport Nearbyto NE28 7NU
The closest station to NE28 7NU is Northumberland Park (Tyne & Wear) station which is 4.2 kilometres away.
- 4.2kmNorthumberland Park (Tyne & Wear)
- 5.2kmHeworth
- 5.3kmManors
- 6.3kmNewcastle
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