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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
48, Verne Road, North Shields, NE29 7LT
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48 Verne RoadHouse Prices / North East, North Tyneside, Verne Road, NE29 7LT
Last updated Jun 2026
Key Building Insights
48 Verne Road is a residential building situated on Verne Road, North Shields, NE29 with 2 addresses.
It ranks as the 156th largest and 113th most expensive of the 332 buildings in the NE29 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
Key Building Insights
48 Verne Road is a residential building situated on Verne Road, North Shields, NE29 with 2 addresses.
It ranks as the 156th largest and 113th most expensive of the 332 buildings in the NE29 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
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House Pricesin 48 Verne Road
Sale prices range from £85,452 for 2 bedroom leasehold flats with a garden (570 ft2) to £91,410 for 2 bedroom leasehold flats with a garden (570 ft2) .
Monthly rental prices range from £610 pcm for 2 bed flats to £674 pcm for 2 bed flats.
The gross rental yield is between 8.6% and 8.8%.
The average value per square foot is £155.
Average Sale Value
£88,431
Average Rental Value
£642 pcm
Average Rental Yield
8.7% /year
Average Value Per Sqft
£155 /ft2
Sales Market Trendsin 48 Verne Road
The last sale in 48 Verne Road sold for £150,000 on 25th October 2016. Since then prices are down an average of 0.0%.
The current average value in the building is £88,431.
The 48 Verne Road Sales Market has increased by 36.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.3% | £88,431 |
| May 2025 | 5.2% | £87,281 |
| May 2024 | 2% | £82,940 |
| May 2023 | 7.1% | £81,334 |
| May 2022 | 7.6% | £75,972 |
| May 2021 | 3.9% | £70,583 |
| May 2020 | 0.7% | £67,923 |
| May 2019 | 0.2% | £67,435 |
| May 2018 | -0.2% | £67,304 |
| May 2017 | 3.8% | £67,432 |
| May 2016 | -2.2% | £64,947 |
| May 2015 | 1% | £66,384 |
| May 2014 | 1.1% | £65,745 |
| May 2013 | 1.1% | £65,020 |
| May 2012 | 1.1% | £64,322 |
| May 2011 | -2% | £63,653 |
| May 2010 | 1.5% | £64,946 |
| May 2009 | -14.2% | £63,955 |
| May 2008 | -2.8% | £74,510 |
| May 2007 | 0% | £76,637 |
Rental Market Trendsin 48 Verne Road
The current average rental value in the building is £642.
The 48 Verne Road Rental Market has increased by 40.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.7% | £642pcm |
| May 2025 | 2.2% | £625pcm |
| May 2024 | 10.7% | £611pcm |
| May 2023 | 9.3% | £552pcm |
| May 2022 | 7.9% | £505pcm |
| May 2021 | 4.5% | £468pcm |
| May 2020 | 1.6% | £448pcm |
| May 2019 | -1.2% | £441pcm |
| May 2018 | -1.7% | £446pcm |
| May 2017 | -0.8% | £454pcm |
| May 2016 | 0% | £457pcm |
| May 2015 | 0.1% | £457pcm |
| May 2014 | -1.1% | £457pcm |
| May 2013 | 0.2% | £462pcm |
| May 2012 | 0.6% | £461pcm |
| May 2011 | 0.9% | £458pcm |
| May 2010 | -1.6% | £454pcm |
| May 2009 | -6.8% | £461pcm |
| May 2008 | 3.1% | £495pcm |
| May 2007 | 0% | £480pcm |
Explore Propertiesin 48, Verne Road, North Shields, NE29 7LT
Sales Historyin 48, Verne Road, North Shields, NE29 7LT
The last sale was on 25th October 2016 for £150,000 and since then the market in the area has remained stable. The building has had a total of 3 sales since 1995.
48, Verne Road, North Shields, NE29 7LT has seen no sales in the last three years and no sales in the last twelve months.
Property Typesin 48 Verne Road
- 1 early-century flat built between 1912 and 1935
- 1 other address of unknown type
- early-century flat (1)
- Unknown (1)
Energy Efficiencyof properties in 48 Verne Road
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Saleson Verne Road, North Shields, NE29
Schools Nearbyto 48, Verne Road, North Shields, NE29 7LT
The nearest primary school to 48, Verne Road, North Shields, NE29 7LT is Collingwood Primary School which is 300 metres away.
- 300mCollingwood Primary School
- 700mSt Joseph's Catholic Primary School, North Shields
- 800mWhitehouse Primary School
The nearest secondary school is Norham High School which is 700 metres away.
- 700mNorham High School
- 900mSt Thomas More Catholic High School
- 1.7kmJohn Spence Community High School
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Public Transport Nearbyto 48, Verne Road, North Shields, NE29 7LT
The closest station to 48, Verne Road, North Shields, NE29 7LT is Northumberland Park (Tyne & Wear) station which is 4.0 kilometres away.
- 4.0kmNorthumberland Park (Tyne & Wear)
- 8.3kmSeaton Delaval
- 8.7kmHeworth
- 9.7kmManors
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