Forrest Road - NE28 8PY
Key Postcode Insights
NE28 8PY is a residential postcode situated on Forrest Road, Wallsend, NE28 with 4 addresses.
It ranks as the 77th largest and 221st most expensive of the 971 postcodes in the NE28 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 4 properties: 4 flats.
- Ave. Sale Price
- £102,928
- 10 Year change
- up 25.7%
- Ave. Rental Price
- £763pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £145/ft²
- Ave. Gross Yield
- 8.9%/year/yr
Key Postcode Insights
NE28 8PY is a residential postcode situated on Forrest Road, Wallsend, NE28 with 4 addresses.
It ranks as the 77th largest and 221st most expensive of the 971 postcodes in the NE28 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 4 properties: 4 flats.
- Ave. Sale Price
- £102,928
- 10 Year change
- up 25.7%
- Ave. Rental Price
- £763pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £145/ft²
- Ave. Gross Yield
- 8.9%/year/yr
Explore Propertiesin NE28 8PY
- 29 Forrest Road
2 Bed Early-century Flat
- 31 Forrest Road
2 Bed Early-century Flat
- 33 Forrest Road
Flat
- 42 Forrest Road
2 Bed Early-century Flat
Sales Market Trends
The last sale in NE28 8PY sold for £80,000 on 24th August 2018. Since then prices are up an average of 23.6%.
The current average value in the postcode is £102,928.
The NE28 8PY Sales Market has increased by 25.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £102,928 |
| June 2025 | 2.9% | £101,433 |
| June 2024 | 3% | £98,536 |
| June 2023 | 0.9% | £95,682 |
| June 2022 | 5.4% | £94,870 |
| June 2021 | 3.9% | £89,994 |
| June 2020 | 2.2% | £86,618 |
| June 2019 | 1.3% | £84,763 |
| June 2018 | 1% | £83,672 |
| June 2017 | 1.1% | £82,817 |
| June 2016 | 0.1% | £81,906 |
| June 2015 | 1.2% | £81,819 |
| June 2014 | 5.1% | £80,848 |
| June 2013 | 0.1% | £76,916 |
| June 2012 | -4.2% | £76,874 |
| June 2011 | -1.6% | £80,252 |
| June 2010 | 2.3% | £81,594 |
| June 2009 | -13.4% | £79,770 |
| June 2008 | -4.7% | £92,095 |
| June 2007 | 0% | £96,687 |
Rental Market Trends
The current average rental value in the postcode is £763.
The NE28 8PY Rental Market has increased by 47.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £763pcm |
| June 2025 | 3.6% | £731pcm |
| June 2024 | 9.8% | £705pcm |
| June 2023 | 7.5% | £642pcm |
| June 2022 | 9% | £598pcm |
| June 2021 | 3.9% | £548pcm |
| June 2020 | 3.2% | £528pcm |
| June 2019 | -0.5% | £512pcm |
| June 2018 | -0.2% | £514pcm |
| June 2017 | -0.1% | £515pcm |
| June 2016 | 0.3% | £516pcm |
| June 2015 | 0% | £515pcm |
| June 2014 | 1% | £514pcm |
| June 2013 | -0.7% | £509pcm |
| June 2012 | -1.1% | £513pcm |
| June 2011 | 1.6% | £518pcm |
| June 2010 | 1.2% | £510pcm |
| June 2009 | -5.3% | £504pcm |
| June 2008 | 0.3% | £532pcm |
| June 2007 | 0% | £531pcm |
Sales History
The last sale was on 24th August 2018 for £80,000 and since then the market in the area has increased by 23.6%. The postcode has had a total of 6 sales since 1995.
NE28 8PY has seen no sales in the last three years and no sales in the last twelve months.
- Sold Aug 2018£80,000 | 2 Bed Flat29, Forrest Road, Wallsend, NE28 8PY29, Forrest Road, Wallsend, NE28 8PY
- Sold Mar 2018£76,000 | 2 Bed Flat29, Forrest Road, Wallsend, NE28 8PY29, Forrest Road, Wallsend, NE28 8PY
- Sold Mar 2018£76,000 | 2 Bed Flat31, Forrest Road, Wallsend, NE28 8PY31, Forrest Road, Wallsend, NE28 8PY
- Sold Sep 2007£90,500 | 2 Bed Flat31, Forrest Road, Wallsend, NE28 8PY31, Forrest Road, Wallsend, NE28 8PY
- Sold Jan 2007£95,000 | 2 Bed Flat29, Forrest Road, Wallsend, NE28 8PY29, Forrest Road, Wallsend, NE28 8PY
Nearby Postcodes
NE28 8PY is the 77th largest and the 221st most expensive postcode out of the 971 postcodes in the NE28 area.
- NE28 8PZ, Forrest Road, Wallsend, NE28NE28 8PZ2 Addresses|39 m away
- NE28 8QA, Lynn Road, Wallsend, NE28NE28 8QA64 Addresses|50 m away
- NE28 8PX, Grasmere Road, Wallsend, NE28NE28 8PX29 Addresses|82 m away
- NE28 8QH, Windermere Close, Wallsend, NE28NE28 8QH57 Addresses|83 m away
- NE28 8QE, Cresswell Road, Wallsend, NE28NE28 8QE54 Addresses|94 m away
Property Types
- 3 early-century flats built between 1912 and 1935
- 1 other address of unknown type
- early-century flat (3)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Oct 2024£188,580 | 4 Bed House1, Forrest Road, Wallsend, NE28 8QF1, Forrest Road, Wallsend, NE28 8QF
- Sold May 2015£179,950 | 3 Bed House8, Forrest Road, Wallsend, NE28 8QF8, Forrest Road, Wallsend, NE28 8QF
- Sold Feb 2016£162,000 | 4 Bed House5, Forrest Road, Wallsend, NE28 8QF5, Forrest Road, Wallsend, NE28 8QF
Schools Nearby
- Western Community Primary School100 m away
- Carville Academy500 m away
- St Columba's Catholic Primary School, Wallsend600 m away
- Benfield School1.1 km away
- Walker Riverside Academy1.2 km away
- Burnside College1.5 km away
More reading links
Public Transport Nearby
The closest station to NE28 8PY is Manors station, which is 4.5 kilometres away.
- Manors|4.5 km away
- Heworth|4.5 km away
- Northumberland Park (Tyne & Wear)|4.9 km away
- Newcastle|5.4 km away
