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NE29 7LR

NE29 7LR

Last update: Sep 2024

Postcode Overview

of NE29 7LR

NE29 7LR is a residential postcode located on Verne Road, North Shields, NE29. It is the 857th largest postcode in the NE29 area.

It contains 13 houses and 6 unknown and the most common type of property is a early-century house built between 1912 and 1935.

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Average property prices

in NE29 7LR

The average house value is £179,918. Sales values have increased in the last 12 months by 1.6% and Rental values have increased by 8.3%.

Property sale values range from £163,535 for a freehold house, with 3 bedrooms split across 721 square feet of gross internal area and has a garden to £223,677 for a freehold house, with 4 bedrooms split across 1,324 square feet of gross internal area and has a garden.

Average £/ft2 for properties in NE29 7LR is £214/ft2.

Properties achieve a rental yield of between 7% and 8.1%, and rental values range from £1,109 to £1,304 per month.

Sale value change
12 months
1.6%
Rental value change
12 months
8.3%
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Recent sales

within NE29 7LR

The last sale was 13 Feb 2023 for £173,000 and since then the market in the area has increased by 1.1%. The postcode has had a total of 4 sales since 1995.

NE29 7LR has seen 1 sale in the last three years and no sales in the last twelve months.

£173,000
Feb-2023
Sold
£105,000
May-2020
Sold
£140,000
Jul-2018
Sold
£136,250
Mar-2018
Sold
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Nearby postcodes

to NE29 7LR

NE29 7LR is the 857th largest and the 879th most expensive postcode out of the 1,595 postcodes in the NE29 area.

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Nearby postcodes

to NE29 7LR

NE29 7LR is the 857th largest and the 879th most expensive postcode out of the 1,595 postcodes in the NE29 area.

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Property types

in NE29 7LR

NE29 7LR is a residential postcode located on Verne Road, North Shields, NE29 with 13 houses and 6 unknown within its bounds.

The most common property type in NE29 7LR is a early-century house built between 1912 and 1935.

mid-century house (2)
early-century house (11)
Unknown (6)
Energy Efficiency

Energy Efficiency

of properties within NE29 7LR

The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.

A (0)
E (2)
B (0)
F (1)
C (2)
G (0)
D (8)
No EPC (6)
Schools nearby

Schools nearby

to NE29 7LR

The nearest primary school to NE29 7LR is Collingwood Primary School which is 500 metres away and is rated Good by Ofsted.
500 m
Collingwood Primary School
Good
800 m
St Joseph's Catholic Primary School, North Shields
Good
1.2 km
Waterville Primary School
Good
The nearest secondary school is Norham High School which is 800 metres away and is rated Good by Ofsted.
800 m
Norham High School
Good
900 m
St Thomas More Catholic High School
Good
2.1 km
Monkseaton High School
Good
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to NE29 7LR

The closest station to NE29 7LR is Northumberland Park (Tyne & Wear) station which is 4.1 kilometres away.

4.1 km
Northumberland Park (Tyne & Wear)
8.4 km
Seaton Delaval
8.8 km
Heworth
9.9 km
Manors
Source: National Rail
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