Key indicators for buyers
The NE28 market looks favourable for buyers. Prices have softened (-25.7%), which could present a buying opportunity. Affordability has improved from a peak of 6.8x in 2021 to 5.7x today. Rising rents (£827/mo, +6.1%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider North Tyneside area
A home in North Tyneside costs 5.7x the local median salary — moderate, improving from a peak of 6.8x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider North Tyneside area
Average monthly rent in North Tyneside is £827, up 6.1% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average North Tyneside price of £127,544 with a 25% deposit (£32k), a 2-year fixed mortgage at 3.97% costs around £503 per month.
Monthly cost comparison based on current data
Uses NE28 avg. price with North Tyneside rental data
Monthly mortgage payments (£503) are £324 less than renting (£827). However, buying requires an upfront deposit of £32k — it would take around 4 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
85, HOLLY AVENUE NE28 6PB | Terraced | £69,000 | 26 Jan 2026 |
113, BEWICK PARK NE28 9RY | Semi-detached | £211,000 | 22 Jan 2026 |
6, MURRAY ROAD NE28 0LZ | Semi-detached | £127,400 | 21 Jan 2026 |
31, MICKLEY CLOSE, WILLINGTON QUAY NE28 6JJ | Flat/Maisonette | £82,000 | 16 Jan 2026 |
98, BEDE CRESCENT NE28 7HL | Semi-detached | £115,000 | 13 Jan 2026 |
42, RIDLEY DRIVE NE28 9FL | Semi-detached | £240,000 | 12 Jan 2026 |
6, ROSEDALE NE28 9TX | Flat/Maisonette |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in NE28 sold for £127,544 in 2026, with a median of £115,000 across 9 transactions. Prices fell 25.7% compared to the previous year.
| £36,500 |
| 8 Jan 2026 |
65, ARCHER STREET NE28 7DN | Terraced | £82,000 | 7 Jan 2026 |
33, ALEXANDREA WAY NE28 9JX | Terraced | £185,000 | 5 Jan 2026 |
35, CAESAR WAY NE28 7JL | Terraced | £150,000 | 19 Dec 2025 |
65, HOTSPUR ROAD NE28 9HJ | Terraced | £177,000 | 19 Dec 2025 |
50, FARNDALE NE28 8TH | Terraced | £150,000 | 19 Dec 2025 |
12, CLIFTON AVENUE NE28 8RN | Terraced | £90,000 | 19 Dec 2025 |
24, CAWFIELDS CLOSE NE28 0BJ | Semi-detached | £240,000 | 19 Dec 2025 |
47, PRAETORIAN DRIVE NE28 6RQ | Terraced | £140,000 | 19 Dec 2025 |
5, EDGE WAY NE28 9FH | Semi-detached | £310,000 | 19 Dec 2025 |
6, IRWIN AVENUE NE28 7QX | Detached | £425,000 | 19 Dec 2025 |
226, BELLSHILL CLOSE NE28 9XN | Flat/Maisonette | £69,700 | 18 Dec 2025 |
52, QUEENS CRESCENT NE28 8DW | Semi-detached | £132,000 | 18 Dec 2025 |
44, QUEENS CRESCENT NE28 8DW | Semi-detached | £245,000 | 18 Dec 2025 |
The most recent recorded sale in NE28 was a terraced property on Holly Avenue for £69,000 in January 2026. Across the last 20 sales, the median price was £150,000.