Park Terrace - NE28 8DB
Key Street Insights
Park Terrace is a residential street with 6 addresses.
It ranks as the 48th largest and 320th most expensive of the 623 streets in the NE28 area. The most common property type is a period flat built between 1800 and 1911.
The street contains a total of 6 properties: 3 houses and 3 flats.
- Ave. Sale Price
- £153,133
- 10 Year change
- up 34.0%
- Ave. Rental Price
- £994pcm
- 10 Year change
- up 55.7%
- Ave. £ per ft²
- £130/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Key Street Insights
Park Terrace is a residential street with 6 addresses.
It ranks as the 48th largest and 320th most expensive of the 623 streets in the NE28 area. The most common property type is a period flat built between 1800 and 1911.
The street contains a total of 6 properties: 3 houses and 3 flats.
- Ave. Sale Price
- £153,133
- 10 Year change
- up 34.0%
- Ave. Rental Price
- £994pcm
- 10 Year change
- up 55.7%
- Ave. £ per ft²
- £130/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Explore Propertieson Park Terrace, Wallsend, NE28
- 1 Park Terrace
3 Bed Period Flat
- 3 Park Terrace
3 Bed House
- 5 Park Terrace
House
- 6 Park Terrace
5 Bed Period House
- 8 Park Terrace
Flat
Sales Market Trends
The last sale on Park Terrace sold for £245,000 on 15th December 2023. Since then prices are up an average of 9.3%.
The current average value in the street is £153,133.
The Park Terrace Sales Market has increased by 34.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £153,133 |
| June 2025 | 3.5% | £151,430 |
| June 2024 | 2.8% | £146,241 |
| June 2023 | 1.1% | £142,209 |
| June 2022 | 7.5% | £140,718 |
| June 2021 | 5.3% | £130,919 |
| June 2020 | 2.2% | £124,366 |
| June 2019 | 2.2% | £121,707 |
| June 2018 | 2% | £119,088 |
| June 2017 | 2.1% | £116,745 |
| June 2016 | 0.5% | £114,292 |
| June 2015 | 1.9% | £113,698 |
| June 2014 | 6.1% | £111,584 |
| June 2013 | 0.7% | £105,130 |
| June 2012 | -4.4% | £104,412 |
| June 2011 | -1.4% | £109,209 |
| June 2010 | 3.9% | £110,716 |
| June 2009 | -13.2% | £106,586 |
| June 2008 | -3.1% | £122,802 |
| June 2007 | 0% | £126,722 |
Rental Market Trends
The current average rental value in the street is £994.
The Park Terrace Rental Market has increased by 55.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £994pcm |
| June 2025 | 4% | £952pcm |
| June 2024 | 9.4% | £915pcm |
| June 2023 | 8.1% | £836pcm |
| June 2022 | 10.2% | £773pcm |
| June 2021 | 5% | £701pcm |
| June 2020 | 3.4% | £668pcm |
| June 2019 | -0.1% | £646pcm |
| June 2018 | 0.8% | £647pcm |
| June 2017 | 0.6% | £642pcm |
| June 2016 | 0.4% | £638pcm |
| June 2015 | 1% | £636pcm |
| June 2014 | 1.5% | £629pcm |
| June 2013 | -0.6% | £620pcm |
| June 2012 | -0.7% | £624pcm |
| June 2011 | 2.1% | £628pcm |
| June 2010 | 2.7% | £615pcm |
| June 2009 | -4% | £599pcm |
| June 2008 | 1.6% | £624pcm |
| June 2007 | 0% | £614pcm |
Sales History
The last sale was on 15th December 2023 for £245,000 and since then the market in the area has increased by 9.3%. The street has had a total of 5 sales since 1995.
Park Terrace, Wallsend, NE28 has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Dec 2023£245,000 | 5 Bed House6, Park Terrace, Wallsend, NE28 8DB6, Park Terrace, Wallsend, NE28 8DB
- Sold Jul 2013£144,000 | 5 Bed House6, Park Terrace, Wallsend, NE28 8DB6, Park Terrace, Wallsend, NE28 8DB
- Sold Jan 2013£149,500 | 3 Bed House3, Park Terrace, Wallsend, NE28 8DB3, Park Terrace, Wallsend, NE28 8DB
- Sold Oct 2009£152,000 | 5 Bed House6, Park Terrace, Wallsend, NE28 8DB6, Park Terrace, Wallsend, NE28 8DB
- Sold Nov 2000£22,000 | 3 Bed House3, Park Terrace, Wallsend, NE28 8DB3, Park Terrace, Wallsend, NE28 8DB
Top 3 Most Expensive Sales
- Sold Dec 2023£245,000 | 5 Bed House6, Park Terrace, Wallsend, NE28 8DB6, Park Terrace, Wallsend, NE28 8DB
- Sold Oct 2009£152,000 | 5 Bed House6, Park Terrace, Wallsend, NE28 8DB6, Park Terrace, Wallsend, NE28 8DB
- Sold Jan 2013£149,500 | 3 Bed House3, Park Terrace, Wallsend, NE28 8DB3, Park Terrace, Wallsend, NE28 8DB
Nearby Streets
Park Terrace, Wallsend, NE28 is the 48th largest and the 320th most expensive street in the NE28 area.
- Station Road, Willington Quay, Wallsend, NE28253 Addresses|48 m away
- Park View, Wallsend, NE2816 Addresses|50 m away
- Albert Avenue, Wallsend, NE2830 Addresses|79 m away
- Clifton Avenue, Wallsend, NE2822 Addresses|96 m away
- Victoria Avenue, Wallsend, NE2837 Addresses|97 m away
- Park Avenue, Wallsend, NE2817 Addresses|102 m away
Property Types
- 1 period house built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 1 house of an unknown age
- 2 other addresses of unknown type
- period house (1)
- period flat (2)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (3)
Schools Nearby
- St Columba's Catholic Primary School, Wallsend300 m away
- Western Community Primary School500 m away
- Richardson Dees Primary School800 m away
- Burnside College1.1 km away
- Benfield School1.5 km away
- Walker Riverside Academy1.6 km away
More reading links
Public Transport Nearby
The closest station to Park Terrace, Wallsend, NE28 - NE28 8DB is Northumberland Park (Tyne & Wear) station, which is 4.4 kilometres away.
- Northumberland Park (Tyne & Wear)|4.4 km away
- Heworth|5.0 km away
- Manors|5.0 km away
