NE29 6SY is a residential postcode located on Penman Place, North Shields, NE29. It is the 1408th largest postcode in the NE29 area.
It contains 41 residential addresses consisting of 17 houses, 9 flats and 15 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £76,986. Sales values have increased in the last 12 months by 2.3% and Rental values have increased by 8.2%.
Property sale values range from £38,418 for a leasehold flat, with 2 bedrooms split across 517 square feet of gross internal area and has no outside space to £114,380 for a freehold house, with 3 bedrooms split across 947 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE29 6SY is £92/ft2.
Properties achieve a rental yield of between 7.6% and 9.7%, and rental values range from £311 to £729 per month.
The last sale was 16 Jun 2023 for £112,000 and since then the market in the area has increased by 1.8%. The postcode has had a total of 4 sales since 1995.
NE29 6SY has seen 2 sales in the last three years and no sales in the last twelve months.
NE29 6SY is the 1408th largest and the 118th most expensive postcode out of the 1,595 postcodes in the NE29 area.
NE29 6SY is the 1408th largest and the 118th most expensive postcode out of the 1,595 postcodes in the NE29 area.
NE29 6SY is a residential postcode located on Penman Place, North Shields, NE29 with 17 houses, 9 flats and 15 unknown within its bounds.
The most common property type in NE29 6SY is a mid-century house built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to NE29 6SY is Northumberland Park (Tyne & Wear) station which is 5.5 kilometres away.
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 NE29 6SY, 59.3% of property is socially rented and 14.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 NE29 6SY, 14.1% of residents are recorded as possessing school level qualifications and 23.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE29 6SY, the average age was 41 and the most common age was 57.
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 NE29 6SY, 1.8% 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 NE29 6SY, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.