Preston Road - NE29 0LW
Key Postcode Insights
NE29 0LW is a residential postcode situated on Preston Road, North Shields, NE29 with 1 addresses.
It ranks as the 2nd largest and 628th most expensive of the 882 postcodes in the NE29 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £228,754
- 10 Year change
- up 53.8%
- Ave. Rental Price
- £1,289pcm
- 10 Year change
- up 60.5%
- Ave. £ per ft²
- £269/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
NE29 0LW is a residential postcode situated on Preston Road, North Shields, NE29 with 1 addresses.
It ranks as the 2nd largest and 628th most expensive of the 882 postcodes in the NE29 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £228,754
- 10 Year change
- up 53.8%
- Ave. Rental Price
- £1,289pcm
- 10 Year change
- up 60.5%
- Ave. £ per ft²
- £269/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Sales Market Trends
The current average value in the postcode is £228,754.
The NE29 0LW Sales Market has increased by 53.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £228,754 |
| June 2025 | 6.2% | £225,336 |
| June 2024 | 2.4% | £212,184 |
| June 2023 | 6.2% | £207,171 |
| June 2022 | 10.4% | £195,114 |
| June 2021 | 7.9% | £176,688 |
| June 2020 | 2.2% | £163,736 |
| June 2019 | 1.3% | £160,135 |
| June 2018 | 1.4% | £158,113 |
| June 2017 | 4.9% | £155,996 |
| June 2016 | 0.7% | £148,776 |
| June 2015 | 2.8% | £147,692 |
| June 2014 | 2.6% | £143,634 |
| June 2013 | 1.8% | £139,955 |
| June 2012 | 1.1% | £137,462 |
| June 2011 | -1.7% | £135,937 |
| June 2010 | 4% | £138,220 |
| June 2009 | -11.6% | £132,963 |
| June 2008 | -2.7% | £150,340 |
| June 2007 | 0% | £154,493 |
Rental Market Trends
The current average rental value in the postcode is £1,289.
The NE29 0LW Rental Market has increased by 60.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,289pcm |
| June 2025 | 4.2% | £1,245pcm |
| June 2024 | 10.3% | £1,195pcm |
| June 2023 | 10.4% | £1,083pcm |
| June 2022 | 10.7% | £981pcm |
| June 2021 | 7.2% | £886pcm |
| June 2020 | 3.2% | £827pcm |
| June 2019 | -0.8% | £801pcm |
| June 2018 | 0.3% | £808pcm |
| June 2017 | 0.3% | £805pcm |
| June 2016 | 1.2% | £803pcm |
| June 2015 | 1.5% | £793pcm |
| June 2014 | 0.5% | £781pcm |
| June 2013 | 1.2% | £777pcm |
| June 2012 | 0.6% | £768pcm |
| June 2011 | 1.1% | £763pcm |
| June 2010 | 0.8% | £754pcm |
| June 2009 | -6.5% | £749pcm |
| June 2008 | 3.9% | £800pcm |
| June 2007 | 0% | £770pcm |
Nearby Postcodes
NE29 0LW is the 2nd largest and the 628th most expensive postcode out of the 882 postcodes in the NE29 area.
- NE29 0LX, Fenwick Terrace, North Shields, NE29NE29 0LX5 Addresses|40 m away
- NE29 0LU, Fenwick Terrace, North Shields, NE29NE29 0LU6 Addresses|72 m away
- NE29 0NB, Fenwick Terrace, North Shields, NE29NE29 0NB3 Addresses|106 m away
- NE29 0LT, Frank Place, North Shields, NE29NE29 0LT23 Addresses|109 m away
- NE29 0LZ, Alma Place, North Shields, NE29NE29 0LZ27 Addresses|114 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- mid-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Feb 2012£675,000 | 5 Bed HouseThe Old Vicarage, Preston Road, North Shields, NE29 9PJThe Old Vicarage, Preston Road, North Shields, NE29 9PJ
- Sold Jun 2015£535,000 | 5 Bed HouseVicarage Cottage, Preston Road, North Shields, NE29 9PJVicarage Cottage, Preston Road, North Shields, NE29 9PJ
- Sold Jun 2021£495,000 | 3 Bed Flat3 Preston Towers, Preston Road, North Shields, NE29 9JW3 Preston Towers, Preston Road, North Shields, NE29 9JW
Schools Nearby
- Christ Church CofE Primary School100 m away
- Spring Gardens Primary School300 m away
- St Cuthbert's Catholic Primary School, North Shields500 m away
- John Spence Community High School1.2 km away
- Norham High School1.7 km away
- Marden High School1.8 km away
More reading links
Public Transport Nearby
The closest station to NE29 0LW is Northumberland Park (Tyne & Wear) station, which is 5.2 kilometres away.
- Northumberland Park (Tyne & Wear)|5.2 km away
- Seaton Delaval|9.1 km away
- Heworth|9.6 km away
- Manors|10.9 km away