# NE28 8HE Area Summary
## Property Market Overview
NE28 8HE is located in Wallsend, North Tyneside, in the eastern suburbs of Newcastle upon Tyne. With 58 properties in the dataset showing an average price of £63,466, this area represents one of the most affordable property markets in the North East region. The exceptionally low average price point suggests the area is predominantly composed of ex-local authority flats or leasehold apartments, likely including a significant proportion of retirement properties or smaller one-bedroom units. This postcode falls within a traditional working-class area that has seen regeneration efforts in recent years, though it remains highly accessible for first-time buyers and investors seeking rental yields.
The average property value of approximately £63,500 positions NE28 8HE well below the North Tyneside average and significantly beneath the national median. This pricing reflects the nature of available housing stock, which typically consists of purpose-built flats and maisonettes rather than traditional houses. The area benefits from good transport links to Newcastle city centre via the Metro system and offers practical amenities for residents on a budget. For those seeking entry-level property investment or affordable home ownership in the Tyne and Wear conurbation, this postcode presents opportunities, though buyers should be aware that such low prices often indicate leasehold properties with service charges and potential ground rent obligations.
The average house price in NE28 8HE, Wallsend is £63,466. Prices range from £13,000 to £145,000.
There are 58 properties in NE28 8HE, Wallsend.
NE28 8HE contains 51 flat / maisonette properties, 4 terraced properties, 3 other properties.
Average house prices in NE28 8HE have risen by 280.8% from £32,300 in 1995 to £123,000 in 2025.
NE28 8HE is located in Wallsend, Tyne And Wear, England.