NE29 7LB is a residential postcode located on Plessey Gardens, North Shields, NE29. It is the 290th largest postcode in the NE29 area.
It contains 4 houses and 2 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £163,515. Sales values have increased in the last 12 months by 2.9% and Rental values have increased by 9.2%.
Property sale values range from £133,939 for a freehold house, with 2 bedrooms split across 614 square feet of gross internal area and has a garden to £174,910 for a freehold house, with 3 bedrooms split across 1,020 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE29 7LB is £180/ft2.
Properties achieve a rental yield of between 7.5% and 8.2%, and rental values range from £912 to £1,092 per month.
The last sale was 05 Mar 2021 for £121,550 and since then the market in the area has increased by 14.5%. The postcode has had a total of 4 sales since 1995.
NE29 7LB has seen 1 sale in the last three years and no sales in the last twelve months.
NE29 7LB is the 290th largest and the 761st most expensive postcode out of the 1,595 postcodes in the NE29 area.
NE29 7LB is the 290th largest and the 761st most expensive postcode out of the 1,595 postcodes in the NE29 area.
NE29 7LB is a residential postcode located on Plessey Gardens, North Shields, NE29 with 4 houses and 2 unknown within its bounds.
The most common property type in NE29 7LB 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 F.
The closest station to NE29 7LB is Northumberland Park (Tyne & Wear) station which is 3.9 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 7LB, 33.6% of property is privately owned with a mortgage and 33.6% is socially rented.
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 7LB, 24.3% of residents are recorded as possessing school level qualifications and 18.9% 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 7LB, the average age was 36.9 and the most common age was 12.
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 7LB, 0.0% 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 7LB, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.