NE28 8BH is a residential postcode situated on Fairway Drive, Wallsend, NE28 with 34 addresses.
It ranks as the 737th largest and 559th most expensive of the 971 postcodes in the NE28 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 34 properties: 34 houses.
NE28 8BH is a residential postcode situated on Fairway Drive, Wallsend, NE28 with 34 addresses.
It ranks as the 737th largest and 559th most expensive of the 971 postcodes in the NE28 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 34 properties: 34 houses.
Sale prices range from £147,441 for 3 bedroom leasehold houses with a garden (775 ft2) to £203,922 for 4 bedroom freehold houses with a garden (1,334 ft2) .
Monthly rental prices range from £973 pcm for 3 bed houses to £1,086 pcm for 4 bed houses.
The gross rental yield is between 6.4% and 7.9%.
The average value per square foot is £166.
The last sale in NE28 8BH sold for £13,103 on 15th April 2024. Since then prices are down an average of 0.0%.
The current average value in the postcode is £157,408.
The NE28 8BH Sales Market has increased by 34.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.2% | £157,408 |
| April 2025 | 4.4% | £157,739 |
| April 2024 | 0.9% | £151,129 |
| April 2023 | 4.1% | £149,740 |
| April 2022 | 7.6% | £143,850 |
| April 2021 | 4.5% | £133,668 |
| April 2020 | 1.6% | £127,956 |
| April 2019 | 2.4% | £125,905 |
| April 2018 | 2.4% | £122,972 |
| April 2017 | 2.5% | £120,074 |
| April 2016 | 0.9% | £117,199 |
| April 2015 | 3.8% | £116,202 |
| April 2014 | 6.4% | £111,965 |
| April 2013 | 1.9% | £105,278 |
| April 2012 | -2.2% | £103,286 |
| April 2011 | -0.8% | £105,630 |
| April 2010 | 4.7% | £106,521 |
| April 2009 | -14.8% | £101,735 |
| April 2008 | 0.7% | £119,356 |
| April 2007 | 0% | £118,562 |
The current average rental value in the postcode is £993.
The NE28 8BH Rental Market has increased by 58.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £993pcm |
| April 2025 | 6.3% | £961pcm |
| April 2024 | 8.7% | £904pcm |
| April 2023 | 9.2% | £832pcm |
| April 2022 | 9.6% | £762pcm |
| April 2021 | 5.6% | £695pcm |
| April 2020 | 2.2% | £658pcm |
| April 2019 | 0.6% | £644pcm |
| April 2018 | 0.6% | £640pcm |
| April 2017 | 1.6% | £636pcm |
| April 2016 | 2.7% | £626pcm |
| April 2015 | 1.6% | £609pcm |
| April 2014 | 1.6% | £600pcm |
| April 2013 | 2.5% | £591pcm |
| April 2012 | 1.3% | £576pcm |
| April 2011 | 0.7% | £569pcm |
| April 2010 | 3.8% | £565pcm |
| April 2009 | -3.9% | £544pcm |
| April 2008 | 3.6% | £567pcm |
| April 2007 | 0% | £547pcm |
The last sale was on 15th April 2024 for £13,103 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
NE28 8BH has seen 1 sale in the last three years and no sales in the last twelve months.
NE28 8BH is the 737th largest and the 559th most expensive postcode out of the 971 postcodes in the NE28 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around NE28 8BH, 56.2% of property is privately owned outright and 34.3% is privately owned with a mortgage.
The graph below shows how this compares to North East 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 8BH, 9.4% of residents are recorded as possessing school level qualifications and 28.7% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE28 8BH, 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 8BH, 1.0% 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 8BH, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.