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Stephenson Way is a residential street with 40 addresses.
It ranks as the 419th largest and 530th most expensive of the 623 streets in the NE28 area. The dominant property type is a modern house built after 1980.
The street contains a total of 40 properties: 40 houses.
Stephenson Way is a residential street with 40 addresses.
It ranks as the 419th largest and 530th most expensive of the 623 streets in the NE28 area. The dominant property type is a modern house built after 1980.
The street contains a total of 40 properties: 40 houses.
Sale prices range from £195,320 for 3 bedroom freehold houses with a garden (839 ft2) to £362,949 for 5 bedroom freehold houses with a garden (1,603 ft2) .
Monthly rental prices range from £1,129 pcm for 3 bed houses to £1,771 pcm for 5 bed houses.
The gross rental yield is between 5.7% and 6.9%.
The average value per square foot is £213.
The last sale on Stephenson Way sold for £190,000 on 29th November 2024. Since then prices are up an average of 2.1%.
The current average value in the street is £236,192.
The Stephenson Way Sales Market has increased by 33.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.1% | £236,192 |
| May 2025 | 4.5% | £238,708 |
| May 2024 | 1.8% | £228,322 |
| May 2023 | 3.2% | £224,209 |
| May 2022 | 8% | £217,341 |
| May 2021 | 5% | £201,208 |
| May 2020 | 1.4% | £191,604 |
| May 2019 | 2.1% | £189,035 |
| May 2018 | 1.9% | £185,129 |
| May 2017 | 2.7% | £181,763 |
| May 2016 | 1.2% | £176,980 |
| May 2015 | 4.1% | £174,827 |
| May 2014 | 5.5% | £168,020 |
| May 2013 | 0.7% | £159,244 |
| May 2012 | -2.6% | £158,097 |
| May 2011 | -0.6% | £162,266 |
| May 2010 | 7.5% | £163,193 |
| May 2009 | -11.3% | £151,873 |
| May 2008 | -0.7% | £171,226 |
| May 2007 | 0% | £172,457 |
The current average rental value in the street is £1,271.
The Stephenson Way Rental Market has increased by 59.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.3% | £1,271pcm |
| May 2025 | 5.7% | £1,243pcm |
| May 2024 | 9% | £1,176pcm |
| May 2023 | 9.6% | £1,079pcm |
| May 2022 | 10.7% | £984pcm |
| May 2021 | 5.4% | £889pcm |
| May 2020 | 2.4% | £844pcm |
| May 2019 | 0.9% | £824pcm |
| May 2018 | 1.3% | £816pcm |
| May 2017 | 1.1% | £805pcm |
| May 2016 | 1.9% | £797pcm |
| May 2015 | 2.2% | £781pcm |
| May 2014 | 1.6% | £764pcm |
| May 2013 | 0.6% | £752pcm |
| May 2012 | -0.4% | £748pcm |
| May 2011 | 2% | £751pcm |
| May 2010 | 6.4% | £736pcm |
| May 2009 | -3.1% | £691pcm |
| May 2008 | 2.9% | £714pcm |
| May 2007 | 0% | £694pcm |
The last sale was on 29th November 2024 for £190,000 and since then the market in the area has increased by 2.1%. The street has had a total of 46 sales since 1995.
Stephenson Way, Wallsend, NE28 has seen 5 sales in the last three years and no sales in the last twelve months.
Stephenson Way, Wallsend, NE28 is the 419th largest and the 530th most expensive street in the NE28 area.
There is 1 postcode on Stephenson Way, Wallsend, NE28.
The closest station to Stephenson Way, Wallsend, NE28 is Northumberland Park (Tyne & Wear) station which is 2.8 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Stephenson Way, Wallsend, NE28, % of property is and % is .
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Stephenson Way, Wallsend, NE28, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Stephenson Way, Wallsend, NE28, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Stephenson Way, Wallsend, NE28, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.