NE28 8HR is a residential postcode situated on Laburnum Avenue, Wallsend, NE28 with 11 addresses.
It ranks as the 234th largest and 126th most expensive of the 971 postcodes in the NE28 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 flats.
NE28 8HR is a residential postcode situated on Laburnum Avenue, Wallsend, NE28 with 11 addresses.
It ranks as the 234th largest and 126th most expensive of the 971 postcodes in the NE28 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 flats.
Sale prices range from £77,698 for 2 bedroom Leasehold flats (699 ft2) to £87,401 for 3 bedroom Leasehold flats (710 ft2) .
Monthly rental prices range from £527 pcm for 2 bed flats to £606 pcm for 3 bed flats.
The gross rental yield is between 8.1% and 8.3%.
The average value per square foot is £116.
The current average value in the postcode is £82,109.
The NE28 8HR Sales Market has increased by 19.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.4% | £82,109 |
| April 2025 | 4.4% | £82,420 |
| April 2024 | 1.4% | £78,973 |
| April 2023 | 0.4% | £77,875 |
| April 2022 | 6.3% | £77,573 |
| April 2021 | 2.6% | £72,986 |
| April 2020 | 0.9% | £71,131 |
| April 2019 | 1.2% | £70,474 |
| April 2018 | -0.1% | £69,622 |
| April 2017 | 1.6% | £69,675 |
| April 2016 | -1.1% | £68,587 |
| April 2015 | 2.4% | £69,349 |
| April 2014 | 4.8% | £67,757 |
| April 2013 | -1% | £64,650 |
| April 2012 | -3.4% | £65,299 |
| April 2011 | -1.2% | £67,585 |
| April 2010 | 0.2% | £68,439 |
| April 2009 | -16.5% | £68,273 |
| April 2008 | -0.6% | £81,769 |
| April 2007 | 0% | £82,234 |
The current average rental value in the postcode is £563.
The NE28 8HR Rental Market has increased by 38.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £563pcm |
| April 2025 | 6.1% | £546pcm |
| April 2024 | 8.7% | £515pcm |
| April 2023 | 6% | £474pcm |
| April 2022 | 6.8% | £447pcm |
| April 2021 | 3.8% | £419pcm |
| April 2020 | 1.6% | £403pcm |
| April 2019 | -0.8% | £397pcm |
| April 2018 | -1.8% | £400pcm |
| April 2017 | 0% | £407pcm |
| April 2016 | 1.2% | £408pcm |
| April 2015 | 0% | £403pcm |
| April 2014 | -0.4% | £403pcm |
| April 2013 | -0.5% | £404pcm |
| April 2012 | 0.4% | £406pcm |
| April 2011 | 0.1% | £405pcm |
| April 2010 | -0.9% | £404pcm |
| April 2009 | -4.4% | £408pcm |
| April 2008 | 1.9% | £427pcm |
| April 2007 | 0% | £419pcm |
NE28 8HR is the 234th largest and the 126th most expensive postcode out of the 971 postcodes in the NE28 area.
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The closest station to NE28 8HR is Northumberland Park (Tyne & Wear) station which is 4.7 kilometres away.
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