Housing Market Analysis for PARK TERRACE, NE28 8DB

Are you looking to understand NE28 8DB house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this North Tyneside postcode.

For the location information and nearby amenities in the NE28 8DB area, explore the NE28 8DB Area information page.
For comprehensive crime statistics in the NE28 8DB area, explore the NE28 8DB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE28 8DB postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £142,500 median price is £149,500 Standard Deviation is £70,948 with Total Sold: 5
    • The Last 5 Year average price is £245,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 PARK TERRACE: £144,000 (Sold on 12 Jul 2013)
    • The first recorded sale happened at this postcode is 6 PARK TERRACE: £245,000 (Sold on 15 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average NE28 8DB house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£146,750 £1,043 2
2009£152,000 £993 1
2000£22,000 £169 1
2023£245,000 £1,601 1

All the Sales in the PARK TERRACE, NE28 8DB

See the table below for more details on the sold house prices in the NE28 8DB, North Tyneside postcode.

AddressSold DatePrice% Change
6 PARK TERRACETerraced, FreeholdArea: 153 Sq.mtrAge: 1900-192912 Jul 2013£144,000-5.26%
23 Oct 2009£152,000-37.96%
15 Dec 2023£245,000First Sale
3 PARK TERRACETerraced, FreeholdArea: 130.52 Sq.mtrAge: 1900-192916 Jan 2013£149,500579.55%
17 Nov 2000£22,000First Sale

Check out the sold house prices near the NE28 8DB postcode. Properties currently for saleProperties currently for rent

PARK TERRACE, NE28 8DB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE28 8DB postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NE28 8DB postcode.

  • Terraced
    • The average price is around £93,714 median price is £90,000 Standard Deviation is £50,942 with Total Sold: 1,502
    • The Last 5 Year average price is £141,589 with Total Sold: 253
    • The most recent sale happened at this postcode is , 52 FERNDALE AVENUE: £252,560 (Sold on 18 Sep 2024)
    • The first recorded sale happened at this postcode is , 107 PARK ROAD: £20,000 (Sold on 09 Jan 1995)
  • Detached
    • The average price is around £166,388 median price is £168,102 Standard Deviation is £88,217 with Total Sold: 222
    • The Last 5 Year average price is £250,254 with Total Sold: 26
    • The most recent sale happened at this postcode is , 43 THE ACRES: £250,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 2 KINGS ROAD: £80,000 (Sold on 17 Jan 1995)
  • Semi-Detached
    • The average price is around £124,589 median price is £122,250 Standard Deviation is £66,170 with Total Sold: 696
    • The Last 5 Year average price is £189,014 with Total Sold: 123
    • The most recent sale happened at this postcode is , 19 PROSPECT AVENUE: £165,500 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , MORGAN VILLAS, 10 NORTH VIEW: £35,000 (Sold on 26 Jan 1995)
  • Flat
    • The average price is around £62,786 median price is £65,000 Standard Deviation is £31,932 with Total Sold: 1,372
    • The Last 5 Year average price is £83,183 with Total Sold: 166
    • The most recent sale happened at this postcode is , 51 LYNN ROAD: £89,500 (Sold on 04 Sep 2024)
    • The first recorded sale happened at this postcode is , 26 VICTORIA AVENUE: £16,500 (Sold on 11 Jan 1995)
  • Other
    • The average price is around £125,264 median price is £85,725 Standard Deviation is £183,732 with Total Sold: 92
    • The Last 5 Year average price is £118,459 with Total Sold: 55
    • The most recent sale happened at this postcode is , 5 JAMES TERRACE: £138,500 (Sold on 26 Feb 2024)
    • The first recorded sale happened at this postcode is , 34 THE ACRES: £199,950 (Sold on 26 Sep 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£145,971 £1,783 17
2023£160,708 £1,591 63
2022£146,056 £1,586 53
2021£139,249 £1,424 52
2020£119,350 £1,245 38
2019£123,292 £1,328 30
2018£128,208 £1,330 37
2017£113,050 £1,318 51
2016£108,748 £1,210 30
2015£103,056 £1,140 33
2014£112,030 £1,175 41
2013£106,841 £1,150 49
2012£98,463 £1,179 30
2011£124,452 £1,110 21
2010£111,719 £1,148 26
2009£108,345 £1,123 29
2008£133,338 £1,312 25
2007£128,387 £1,480 74
2006£124,934 £1,394 92
2005£112,244 £1,371 69
2004£101,769 £1,133 63
2003£74,004 £824 71
2002£57,308 £664 83
2001£48,891 £543 84
2000£43,170 £523 60
1999£39,049 £429 57
1998£39,563 £443 46
1997£41,019 £494 52
1996£41,244 £523 67
1995£37,070 £477 59
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£250,0001
2023£247,000 £2,544 4
2022£257,899 £2,538 4
2021£275,364 £2,187 11
2020£208,875 £2,358 4
2019£186,250 £2,623 2
2018£227,688 £2,437 8
2017£169,983 £1,590 3
2016£216,929 £2,065 7
2015£209,182 £2,099 6
2014£225,000 £1,620 3
2013£219,084 £1,924 17
2012£217,398 £1,962 23
2011£144,625 £1,633 4
2010£155,250 £1,705 2
2009£152,500 £1,983 2
2008£212,375 £2,377 4
2007£236,873 £2,142 11
2006£205,362 £2,073 4
2005£202,993 £1,693 7
2004£160,180 £1,674 10
2003£120,222 £1,118 9
2002£116,067 £887 6
2001£76,408 £1,014 6
2000£82,644 £764 8
1999£69,125 £548 4
1998£86,256 £864 9
1997£92,610 £695 10
1996£79,686 £836 22
1995£73,055 £778 11
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,34212
2023£197,650 £2,171 23
2022£168,324 £2,062 17
2021£205,859 £2,006 32
2020£179,538 £1,768 18
2019£166,569 £1,751 21
2018£154,391 £1,674 33
2017£143,281 £1,590 18
2016£169,252 £1,677 22
2015£148,189 £1,554 28
2014£128,703 £1,606 19
2013£133,359 £1,420 22
2012£143,842 £1,551 35
2011£121,417 £1,345 23
2010£141,850 £1,351 16
2009£129,237 £1,339 23
2008£130,217 £1,769 12
2007£150,767 £1,790 29
2006£152,577 £1,596 23
2005£140,769 £1,451 24
2004£123,485 £1,347 27
2003£110,478 £1,129 18
2002£75,515 £717 30
2001£57,382 £631 28
2000£63,321 £604 17
1999£54,271 £681 26
1998£50,386 £636 22
1997£56,239 £576 23
1996£48,942 £610 37
1995£41,807 £556 18
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£88,111 £1,208 15
2023£89,352 £1,258 32
2022£90,439 £1,312 28
2021£75,759 £1,182 40
2020£80,354 £1,075 23
2019£79,166 £1,157 28
2018£74,976 £1,084 46
2017£67,840 £1,010 44
2016£73,694 £1,028 31
2015£70,814 £1,006 35
2014£69,925 £1,022 26
2013£71,775 £936 20
2012£67,032 £900 11
2011£63,783 £971 23
2010£71,236 £1,021 35
2009£68,154 £949 13
2008£77,868 £1,098 49
2007£92,806 £1,487 111
2006£88,585 £1,388 115
2005£86,478 £1,269 86
2004£72,383 £1,124 78
2003£47,672 £690 104
2002£34,267 £489 74
2001£25,741 £399 58
2000£25,308 £370 47
1999£22,769 £349 41
1998£24,016 £326 38
1997£22,506 £354 45
1996£24,248 £356 47
1995£25,460 £359 29
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£125,167 £1,446 3
2023£148,847 £1,067 16
2022£95,350 £1,180 10
2021£110,125 £1,365 8
2020£99,514 £1,213 7
2019£111,552 £1,131 11
2018£96,736 £897 19
2017£88,925 £625 12
2016£380,800 £652 5
2013£199,950 £2,127 1

House Type in NE28 8DB area

The most common house types in the NE28 8DB postcode area are Flat (69), Terraced (43), and Shared house (24).

Total152
Flat69
Terraced43
Shared house24
Semi-detached15
Detached1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (62), and Owned: Owns with a mortgage or loan (39).

Private rented: Private landlord or letting agency62
Owned: Owns with a mortgage or loan39
Owned: Owns outright30
Social rented: Other social rented11
Private rented: Other private rented8
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NE28 8DB have 1 person in household (59), and 2 people in household (51).

1 person in household59
2 people in household51
3 people in household24
4 people in household12
5 people in household4
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0