Park Avenue - NE28 8DE
Key Street Insights
Park Avenue is a residential street with 17 addresses.
It ranks as the 192nd largest and 543rd most expensive of the 623 streets in the NE28 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 17 properties: 12 houses and 5 flats.
- Ave. Sale Price
- £232,367
- 10 Year change
- up 30.5%
- Ave. Rental Price
- £1,295pcm
- 10 Year change
- up 51.7%
- Ave. £ per ft²
- £156/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Street Insights
Park Avenue is a residential street with 17 addresses.
It ranks as the 192nd largest and 543rd most expensive of the 623 streets in the NE28 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 17 properties: 12 houses and 5 flats.
- Ave. Sale Price
- £232,367
- 10 Year change
- up 30.5%
- Ave. Rental Price
- £1,295pcm
- 10 Year change
- up 51.7%
- Ave. £ per ft²
- £156/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertieson Park Avenue, Wallsend, NE28
- 1 Park Avenue
House
- 2 Park Avenue
Flat
- 3 Park Avenue
5 Bed Period House
- 4 Park Avenue
4 Bed Period House
- 6 Park Avenue
4 Bed Period House
Sales Market Trends
The last sale on Park Avenue sold for £250,000 on 25th August 2023. Since then prices are up an average of 7.8%.
The current average value in the street is £232,367.
The Park Avenue Sales Market has increased by 30.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1% | £232,367 |
| June 2025 | 3.2% | £230,135 |
| June 2024 | 2.9% | £222,976 |
| June 2023 | 0.8% | £216,670 |
| June 2022 | 6.9% | £214,961 |
| June 2021 | 4.7% | £201,122 |
| June 2020 | 2.2% | £192,080 |
| June 2019 | 2% | £187,985 |
| June 2018 | 1.6% | £184,252 |
| June 2017 | 1.8% | £181,278 |
| June 2016 | 0.4% | £178,025 |
| June 2015 | 1.8% | £177,320 |
| June 2014 | 6% | £174,181 |
| June 2013 | 0.6% | £164,348 |
| June 2012 | -4.5% | £163,378 |
| June 2011 | -1.2% | £171,030 |
| June 2010 | 3.6% | £173,184 |
| June 2009 | -13.2% | £167,120 |
| June 2008 | -3.3% | £192,590 |
| June 2007 | 0% | £199,208 |
Rental Market Trends
The current average rental value in the street is £1,295.
The Park Avenue Rental Market has increased by 51.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £1,295pcm |
| June 2025 | 3.7% | £1,242pcm |
| June 2024 | 9.5% | £1,198pcm |
| June 2023 | 7.9% | £1,094pcm |
| June 2022 | 9.6% | £1,014pcm |
| June 2021 | 4.4% | £925pcm |
| June 2020 | 3.4% | £886pcm |
| June 2019 | -0.3% | £857pcm |
| June 2018 | 0.4% | £860pcm |
| June 2017 | 0.3% | £856pcm |
| June 2016 | 0.3% | £854pcm |
| June 2015 | 0.9% | £851pcm |
| June 2014 | 1.3% | £843pcm |
| June 2013 | -0.7% | £832pcm |
| June 2012 | -0.8% | £838pcm |
| June 2011 | 2.2% | £845pcm |
| June 2010 | 2.5% | £826pcm |
| June 2009 | -4% | £807pcm |
| June 2008 | 1.4% | £840pcm |
| June 2007 | 0% | £829pcm |
Sales History
The last sale was on 25th August 2023 for £250,000 and since then the market in the area has increased by 7.8%. The street has had a total of 20 sales since 1995.
Park Avenue, Wallsend, NE28 has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Aug 2023£250,000 | 4 Bed House6, Park Avenue, Wallsend, NE28 8DE6, Park Avenue, Wallsend, NE28 8DE
- Sold Mar 2023£260,000 | 5 Bed House14, Park Avenue, Wallsend, NE28 8DE14, Park Avenue, Wallsend, NE28 8DE
- Sold Jan 2023£252,250 | 5 Bed House3, Park Avenue, Wallsend, NE28 8DE3, Park Avenue, Wallsend, NE28 8DE
- Sold Jan 2023£210,000 | 4 Bed House4, Park Avenue, Wallsend, NE28 8DE4, Park Avenue, Wallsend, NE28 8DE
- Sold Dec 2021£325,000 | 5 Bed House10, Park Avenue, Wallsend, NE28 8DE10, Park Avenue, Wallsend, NE28 8DE
Top 3 Most Expensive Sales
- Sold Dec 2021£325,000 | 5 Bed House10, Park Avenue, Wallsend, NE28 8DE10, Park Avenue, Wallsend, NE28 8DE
- Sold Aug 2007£312,500 | 5 Bed House20, Park Avenue, Wallsend, NE28 8DE20, Park Avenue, Wallsend, NE28 8DE
- Sold Mar 2021£293,000 | 5 Bed House20, Park Avenue, Wallsend, NE28 8DE20, Park Avenue, Wallsend, NE28 8DE
Nearby Streets
Park Avenue, Wallsend, NE28 is the 192nd largest and the 543rd most expensive street in the NE28 area.
- Park View, Wallsend, NE2816 Addresses|68 m away
- Burn Avenue, Wallsend, NE2811 Addresses|93 m away
- Park Terrace, Wallsend, NE286 Addresses|102 m away
- Victoria Avenue, Wallsend, NE2837 Addresses|104 m away
- The Drive, Wallsend, NE2814 Addresses|137 m away
- Albert Avenue, Wallsend, NE2830 Addresses|138 m away
Property Types
- 7 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 1 mid-century flat built between 1936 and 1979
- 6 other addresses of unknown type
- period house (7)
- period flat (2)
- mid-century house (1)
- mid-century flat (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (2)
- G (1)
- D (6)
- No EPC (6)
Schools Nearby
- St Columba's Catholic Primary School, Wallsend200 m away
- Western Community Primary School500 m away
- Richardson Dees Primary School900 m away
- Burnside College1.1 km away
- Benfield School1.5 km away
- Walker Riverside Academy1.7 km away
More reading links
Public Transport Nearby
The closest station to Park Avenue, Wallsend, NE28 - NE28 8DE is Northumberland Park (Tyne & Wear) station, which is 4.3 kilometres away.
- Northumberland Park (Tyne & Wear)|4.3 km away
- Manors|5.0 km away
- Heworth|5.0 km away
