Park TerraceHouse Prices / North East, North Tyneside
Key Street Insights
Park Terrace is a residential street with 6 addresses.
It ranks as the 48th largest and 316th most expensive of the 623 streets in the NE28 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 6 properties: 3 houses and 3 flats.
- Houses
- Flats
Key Street Insights
Park Terrace is a residential street with 6 addresses.
It ranks as the 48th largest and 316th most expensive of the 623 streets in the NE28 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 6 properties: 3 houses and 3 flats.
- Houses
- Flats
House Priceson Park Terrace
Sale prices range from £93,106 for 3 bedroom leasehold flats with a garden (861 ft2) to £243,300 for 5 bedroom freehold houses with a garden (1,646 ft2) .
Monthly rental prices range from £738 pcm for 3 bed flats to £1,416 pcm for 5 bed houses.
The gross rental yield is between 7.0% and 9.5%.
The average value per square foot is £128.
Sales Market Trendson Park Terrace
The last sale on Park Terrace sold for £245,000 on 15th December 2023. Since then prices are up an average of 7.8%.
The current average value in the street is £150,441.
The Park Terrace Sales Market has increased by 32.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.2% | £150,441 |
| May 2025 | 4.2% | £150,740 |
| May 2024 | 1.9% | £144,653 |
| May 2023 | 1.8% | £141,893 |
| May 2022 | 7.4% | £139,437 |
| May 2021 | 5.1% | £129,770 |
| May 2020 | 1.2% | £123,436 |
| May 2019 | 2.5% | £121,981 |
| May 2018 | 1.7% | £118,970 |
| May 2017 | 2.7% | £116,976 |
| May 2016 | -0.1% | £113,901 |
| May 2015 | 2.3% | £114,057 |
| May 2014 | 6.4% | £111,507 |
| May 2013 | 0% | £104,816 |
| May 2012 | -3.9% | £104,851 |
| May 2011 | -1.2% | £109,132 |
| May 2010 | 4.1% | £110,454 |
| May 2009 | -15.1% | £106,068 |
| May 2008 | -1.2% | £124,974 |
| May 2007 | 0% | £126,526 |
Rental Market Trendson Park Terrace
The current average rental value in the street is £976.
The Park Terrace Rental Market has increased by 54.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.6% | £976pcm |
| May 2025 | 4.7% | £942pcm |
| May 2024 | 9.2% | £900pcm |
| May 2023 | 8.7% | £824pcm |
| May 2022 | 10% | £758pcm |
| May 2021 | 4.7% | £689pcm |
| May 2020 | 2.8% | £658pcm |
| May 2019 | -0.2% | £640pcm |
| May 2018 | 0.7% | £641pcm |
| May 2017 | 0.6% | £637pcm |
| May 2016 | 0.4% | £633pcm |
| May 2015 | 1.3% | £631pcm |
| May 2014 | 1.3% | £623pcm |
| May 2013 | -0.5% | £615pcm |
| May 2012 | -0.8% | £618pcm |
| May 2011 | 2.4% | £623pcm |
| May 2010 | 2.1% | £609pcm |
| May 2009 | -4.1% | £596pcm |
| May 2008 | 1.9% | £621pcm |
| May 2007 | 0% | £610pcm |
Explore Propertieson Park Terrace, Wallsend, NE28
Sales Historyon Park Terrace, Wallsend, NE28
The last sale was on 15th December 2023 for £245,000 and since then the market in the area has increased by 7.8%. 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.
Top 3 Most Expensive Saleson Park Terrace, Wallsend, NE28
Nearby Streetsto Park Terrace, Wallsend, NE28
Park Terrace, Wallsend, NE28 is the 48th largest and the 316th most expensive street in the NE28 area.
- 48 mStation Road, Willington Quay, Wallsend, NE28253 Addresses
- 50 mPark View, Wallsend, NE2816 Addresses
- 79 mAlbert Avenue, Wallsend, NE2830 Addresses
- 96 mClifton Avenue, Wallsend, NE2822 Addresses
- 97 mVictoria Avenue, Wallsend, NE2837 Addresses
- 102 mPark Avenue, Wallsend, NE2817 Addresses
Postcodeson Park Terrace, Wallsend, NE28
There is 1 postcode on Park Terrace, Wallsend, NE28.
- House prices in NE28 8DB6 Addresses
Property Typesin Park Terrace
- 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 Efficiencyof properties on Park Terrace
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (3)
Schools Nearby
- 300mSt Columba's Catholic Primary School, Wallsend
- 500mWestern Community Primary School
- 800mRichardson Dees Primary School
- 1.1kmBurnside College
- 1.5kmBenfield School
- 1.6kmWalker Riverside Academy
More reading links
Public Transport Nearby
The closest station to Park Terrace, Wallsend, NE28 is Northumberland Park (Tyne & Wear) station, which is 4.4 kilometres away.
- 4.4kmNorthumberland Park (Tyne & Wear)
- 5.0kmHeworth
- 5.0kmManors
