Key Street Insights
Wallace Street is a residential street with 34 addresses.
It ranks as the 235th largest and 167th most expensive of the 421 streets in the NE2 area. The most common property type is a modern house built after 1980.
The street contains a total of 34 properties: 24 houses and 10 flats.
- Ave. Sale Price
- £179,815
- 10 Year change
- up 17.1%
- Ave. Rental Price
- £1,354pcm
- 10 Year change
- up 61.8%
- Ave. £ per ft²
- £311/ft²
- Ave. Gross Yield
- 9.0%/year/yr
Key Street Insights
Wallace Street is a residential street with 34 addresses.
It ranks as the 235th largest and 167th most expensive of the 421 streets in the NE2 area. The most common property type is a modern house built after 1980.
The street contains a total of 34 properties: 24 houses and 10 flats.
- Ave. Sale Price
- £179,815
- 10 Year change
- up 17.1%
- Ave. Rental Price
- £1,354pcm
- 10 Year change
- up 61.8%
- Ave. £ per ft²
- £311/ft²
- Ave. Gross Yield
- 9.0%/year/yr
Explore Propertieson Wallace Street, Newcastle Upon Tyne, NE2
- Beechgrove House
Building  |  4 Flats
- 1 Wallace Street
2 Bed Modern House
- 2 Wallace Street
2 Bed Modern House
- 3 Wallace Street
2 Bed Modern House
Sales Market Trends
The last sale on Wallace Street sold for £3,600 on 3rd July 2025. Since then prices are up an average of 5.7%.
The current average value in the street is £179,815.
The Wallace Street Sales Market has increased by 17.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £179,815 |
| June 2025 | 7.2% | £178,435 |
| June 2024 | -2.7% | £166,418 |
| June 2023 | 0.5% | £171,017 |
| June 2022 | 7.1% | £170,238 |
| June 2021 | 1.7% | £158,934 |
| June 2020 | 2.3% | £156,318 |
| June 2019 | 0.4% | £152,732 |
| June 2018 | -0.7% | £152,197 |
| June 2017 | -0.3% | £153,223 |
| June 2016 | 3.9% | £153,608 |
| June 2015 | 5.1% | £147,788 |
| June 2014 | 1.2% | £140,679 |
| June 2013 | 1.6% | £138,969 |
| June 2012 | -2.1% | £136,787 |
| June 2011 | -2.9% | £139,697 |
| June 2010 | 2.2% | £143,843 |
| June 2009 | -10.4% | £140,706 |
| June 2008 | -3.8% | £157,023 |
| June 2007 | 0% | £163,200 |
Rental Market Trends
The current average rental value in the street is £1,354.
The Wallace Street Rental Market has increased by 61.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,354pcm |
| June 2025 | 6.1% | £1,303pcm |
| June 2024 | 10.1% | £1,228pcm |
| June 2023 | 10.8% | £1,115pcm |
| June 2022 | 10.4% | £1,006pcm |
| June 2021 | 5% | £911pcm |
| June 2020 | 2.3% | £868pcm |
| June 2019 | 0.6% | £848pcm |
| June 2018 | 0% | £843pcm |
| June 2017 | 0.7% | £843pcm |
| June 2016 | 2.1% | £837pcm |
| June 2015 | 2.2% | £819pcm |
| June 2014 | 1.9% | £801pcm |
| June 2013 | 0.6% | £786pcm |
| June 2012 | 1.7% | £782pcm |
| June 2011 | 2.2% | £768pcm |
| June 2010 | 1.9% | £752pcm |
| June 2009 | -4.5% | £738pcm |
| June 2008 | -0.5% | £773pcm |
| June 2007 | 0% | £777pcm |
Sales History
The last sale was on 3rd July 2025 for £3,600 and since then the market in the area has increased by 5.7%. The street has had a total of 77 sales since 1995.
Wallace Street, Newcastle Upon Tyne, NE2 has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2025£3,600 | 1 Bed House30, Wallace Street, Newcastle Upon Tyne, NE2 4AU30, Wallace Street, Newcastle Upon Tyne, NE2 4AU
- Sold Oct 2024£176,500 | 1 Bed House22, Wallace Street, Newcastle Upon Tyne, NE2 4AU22, Wallace Street, Newcastle Upon Tyne, NE2 4AU
- Sold Feb 2023£165,000 | 1 Bed House1, Wallace Street, Newcastle Upon Tyne, NE2 4AU1, Wallace Street, Newcastle Upon Tyne, NE2 4AU
- Sold Feb 2023£197,500 | 1 Bed House27, Wallace Street, Newcastle Upon Tyne, NE2 4AU27, Wallace Street, Newcastle Upon Tyne, NE2 4AU
- Sold Dec 2022£95,500 | 1 Bed Flat18, Wallace Street, Newcastle Upon Tyne, NE2 4AU18, Wallace Street, Newcastle Upon Tyne, NE2 4AU
Top 3 Most Expensive Sales
- Sold Nov 2012£260,000 | 4 Bed House33, Wallace Street, Newcastle Upon Tyne, NE2 4AU33, Wallace Street, Newcastle Upon Tyne, NE2 4AU
- Sold Feb 2023£197,500 | 1 Bed House27, Wallace Street, Newcastle Upon Tyne, NE2 4AU27, Wallace Street, Newcastle Upon Tyne, NE2 4AU
- Sold Apr 2021£180,000 | 2 Bed House6, Wallace Street, Newcastle Upon Tyne, NE2 4AU6, Wallace Street, Newcastle Upon Tyne, NE2 4AU
Nearby Streets
Wallace Street, Newcastle Upon Tyne, NE2 is the 235th largest and the 167th most expensive street in the NE2 area.
- Morpeth Street, Newcastle Upon Tyne, NE239 Addresses|47 m away
- Limewood Court, Newcastle Upon Tyne, NE23 Addresses|48 m away
- Burnside, Spital Tongues, Newcastle Upon Tyne, NE210 Addresses|90 m away
- Windmill Court, Newcastle Upon Tyne, NE263 Addresses|91 m away
- Cross Morpeth Street, Newcastle Upon Tyne, NE26 Addresses|101 m away
- Dairy Lane, Newcastle Upon Tyne, NE21 Addresses|107 m away
Sections of this street
There are 2 postcodes on Wallace Street, Newcastle Upon Tyne, NE2.
- House prices in NE2 4AU33 Addresses
- House prices in NE2 4DR1 Addresses
Property Types
- 4 period houses built between 1800 and 1911
- 17 modern houses built after 1980
- 10 modern flats built after 1980
- 3 other addresses of unknown type
- period house (4)
- modern house (17)
- modern flat (10)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 31 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (16)
- G (1)
- D (13)
- No EPC (3)
Schools Nearby
- Moorside Primary School1.0 km away
- Westgate Hill Primary Academy1.3 km away
- West Jesmond Primary School1.4 km away
- North East Futures UTC2.1 km away
- Sacred Heart Catholic High School2.1 km away
- Jesmond Park Academy2.7 km away
More reading links
Public Transport Nearby
The closest station to Wallace Street, Newcastle Upon Tyne, NE2 is Newcastle station, which is 1.8 kilometres away.
- Newcastle|1.8 km away
- Manors|1.9 km away
- MetroCentre|3.7 km away
