Property sale values range from £274,854 for a leasehold house, with 2 bedrooms split across 700 square feet of gross internal area and has a garden to £440,308 for a freehold house, with 4 bedrooms split across 1,625 square feet of gross internal area and has a garden.

Average £/ft² for properties in NE29 8LY is £329/ft².

Properties achieve a rental yield of between 5.4% and 6.3%, and rental values range from £1,439 to £1,997 per month.

Sale value change

12 months

0.7%

Rental value change

12 months

7.2%

Recent sales

within NE29 8LY

The last sale was 29 Sep 2023 for £359,950 and since then the market in the area has decreased by -0.6%. The postcode has had a total of 4 sales since 1995.

NE29 8LY has seen 4 sales in the last three years and no sales in the last twelve months.

174, Abbots Way, North Shields, NE29 8LY

£359,950

Sep-2023

Sold

Sep-2023

140, Abbots Way, North Shields, NE29 8LY

£475,000

Sep-2023

Sold

Sep-2023

94, Abbots Way, North Shields, NE29 8LY

£300,000

Feb-2023

Sold

Feb-2023

114, Abbots Way, North Shields, NE29 8LY

£410,000

Jan-2023

Sold

Jan-2023

Nearby postcodes

to NE29 8LY

NE29 8LY is the 1453rd largest and the 1404th most expensive postcode out of the 1,595 postcodes in the NE29 area.

148 m

NE29 9NT, Dryburgh Close, North Shields, NE29

NE29 9NT

11 Addresses

151 m

NE29 9NS, Kelso Drive, North Shields, NE29

NE29 9NS

41 Addresses

157 m

NE29 8QP, Dawlish Close, North Shields, NE29

NE29 8QP

37 Addresses

164 m

NE29 8LS, Abbots Way, North Shields, NE29

NE29 8LS

70 Addresses

168 m

NE29 8LU, Abbots Way, North Shields, NE29

NE29 8LU

51 Addresses

210 m

NE29 8PD, Whitehouse Lane, North Shields, NE29

NE29 8PD

49 Addresses

Nearby postcodes

to NE29 8LY

NE29 8LY is the 1453rd largest and the 1404th most expensive postcode out of the 1,595 postcodes in the NE29 area.

148 m

NE29 9NT, Dryburgh Close, North Shields, NE29

NE29 9NT

11 Addresses

151 m

NE29 9NS, Kelso Drive, North Shields, NE29

NE29 9NS

41 Addresses

157 m

NE29 8QP, Dawlish Close, North Shields, NE29

NE29 8QP

37 Addresses

164 m

NE29 8LS, Abbots Way, North Shields, NE29

NE29 8LS

70 Addresses

168 m

NE29 8LU, Abbots Way, North Shields, NE29

NE29 8LU

51 Addresses

210 m

NE29 8PD, Whitehouse Lane, North Shields, NE29

NE29 8PD

49 Addresses

Property types

in NE29 8LY

NE29 8LY is a residential postcode located on Abbots Way, North Shields, NE29 with 31 houses and 14 unknown within its bounds.

The most common property type in NE29 8LY is a modern house built after 1980.

modern house (29)

mid-century house (1)

house (1)

Unknown (14)

Energy Efficiency

of properties within NE29 8LY

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

A (0)

E (0)

B (1)

F (0)

C (13)

G (0)

D (16)

No EPC (15)

Schools nearby

to NE29 8LY

The nearest primary school to NE29 8LY is Preston Grange Primary School which is 600 metres away and is rated Good by Ofsted.

600 m

Preston Grange Primary School

Good

1.1 km

New York Primary School

Outstanding

1.3 km

Star of the Sea Catholic Primary School, Whitley Bay

Good

The nearest secondary school is St Thomas More Catholic High School which is 700 metres away and is rated Good by Ofsted.

700 m

St Thomas More Catholic High School

Good

1.1 km

Monkseaton High School

Good

1.8 km

Marden High School

Good

Source: Ofsted (2016)

Public transport nearby

to NE29 8LY

The closest station to NE29 8LY is Northumberland Park (Tyne & Wear) station which is 3.6 kilometres away.

3.6 km

Northumberland Park (Tyne & Wear)

7.4 km

Seaton Delaval

9.6 km

Heworth

9.7 km

Newsham

Source: National Rail

Risk of flooding

for NE29 8LY

According to data from the Environment Agency, the flood risk in this area is considered to be very low.

Very low

High

Source: Environment Agency (2024)

Home ownership nearby

around NE29 8LY

The recent census recorded whether a resident owned or rented their home.

In the area around NE29 8LY, 48.9% of property is privately owned outright and 43.9% is privately owned with a mortgage.

The graph below shows how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

Education levels in the area

around NE29 8LY

The recent census recorded the highest level of education achieved by residents in the local area.

In the area around NE29 8LY, 18.0% of residents are recorded as possessing school level qualifications and 41.6% as possessing degree level qualifications.

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Average age of residents

around NE29 8LY

Average age

The most recent census in 2021 recorded the age of all UK residents.

In the area around NE29 8LY, the average age was 45.1 and the most common age was 57.

This area:

North East:

England & Wales:

Age distribution

The graph below shows how this compares to North East and the rest of England & Wales

Source: ONS Census (2021)

Number of second homes

around NE29 8LY

The recent census recorded whether a property was a primary or secondary home for the resident.

In the area around NE29 8LY, 1.7% of property was a second home.

Comparison figures for North East and the rest of England & Wales are listed below.

Source: ONS Census (2021)

Average cars per home

around NE29 8LY

The recent census recorded the number of cars registered in each household.

In the area around NE29 8LY, there are an average of 1.7 cars per household.

See below for how this compares to North East and the rest of England & Wales.

Source: ONS Census (2021)

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Risk of flooding

for NE29 8LY

According to data from the Environment Agency, the flood risk in this area is considered to be very low.

Very low

High

Source: Environment Agency (2024)

Home ownership nearby

around NE29 8LY

The recent census recorded whether a resident owned or rented their home.

In the area around NE29 8LY, 48.9% of property is privately owned outright and 43.9% is privately owned with a mortgage.

The graph below shows how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

Education levels in the area

around NE29 8LY

The recent census recorded the highest level of education achieved by residents in the local area.

In the area around NE29 8LY, 18.0% of residents are recorded as possessing school level qualifications and 41.6% as possessing degree level qualifications.

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Average age of residents

around NE29 8LY

Average age

The most recent census in 2021 recorded the age of all UK residents.

In the area around NE29 8LY, the average age was 45.1 and the most common age was 57.

This area:

North East:

England & Wales:

Age distribution

The graph below shows how this compares to North East and the rest of England & Wales

Source: ONS Census (2021)

Number of second homes

around NE29 8LY

The recent census recorded whether a property was a primary or secondary home for the resident.

In the area around NE29 8LY, 1.7% of property was a second home.

Comparison figures for North East and the rest of England & Wales are listed below.

Source: ONS Census (2021)

Average cars per home

around NE29 8LY

The recent census recorded the number of cars registered in each household.

In the area around NE29 8LY, there are an average of 1.7 cars per household.

See below for how this compares to North East and the rest of England & Wales.

Source: ONS Census (2021)