NE29 7FR is a residential postcode situated on Meldon Avenue, North Shields, NE29 with 25 addresses.
It ranks as the 584th largest and 784th most expensive of the 883 postcodes in the NE29 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 25 properties: 25 houses.
NE29 7FR is a residential postcode situated on Meldon Avenue, North Shields, NE29 with 25 addresses.
It ranks as the 584th largest and 784th most expensive of the 883 postcodes in the NE29 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 25 properties: 25 houses.
Sale prices range from £177,401 for 3 bedroom freehold houses with a garden (1,022 ft2) to £384,036 for 4 bedroom freehold houses with a garden (1,675 ft2) .
Monthly rental prices range from £1,048 pcm for 3 bed houses to £1,694 pcm for 4 bed houses.
The gross rental yield is between 5.3% and 7.1%.
The average value per square foot is £267.
The last sale in NE29 7FR sold for £286,900 on 31st July 2025. Since then prices are up an average of 0.4%.
The current average value in the postcode is £295,172.
The NE29 7FR Sales Market has increased by 45.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.9% | £295,172 |
| April 2025 | 5.1% | £292,617 |
| April 2024 | 1.5% | £278,366 |
| April 2023 | 8.3% | £274,278 |
| April 2022 | 9% | £253,168 |
| April 2021 | 4.9% | £232,320 |
| April 2020 | 2.6% | £221,473 |
| April 2019 | 0% | £215,926 |
| April 2018 | 2% | £215,830 |
| April 2017 | 4.2% | £211,495 |
| April 2016 | 1.2% | £202,926 |
| April 2015 | 2.4% | £200,482 |
| April 2014 | 3.5% | £195,824 |
| April 2013 | 3.5% | £189,168 |
| April 2012 | 0.1% | £182,841 |
| April 2011 | 0.1% | £182,617 |
| April 2010 | 2.8% | £182,381 |
| April 2009 | -12.2% | £177,460 |
| April 2008 | 0.4% | £202,152 |
| April 2007 | 0% | £201,407 |
The current average rental value in the postcode is £1,381.
The NE29 7FR Rental Market has increased by 55.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £1,381pcm |
| April 2025 | 3.7% | £1,336pcm |
| April 2024 | 9.8% | £1,288pcm |
| April 2023 | 11.3% | £1,173pcm |
| April 2022 | 9% | £1,054pcm |
| April 2021 | 6.3% | £967pcm |
| April 2020 | 1.8% | £910pcm |
| April 2019 | -0.5% | £894pcm |
| April 2018 | 0.4% | £898pcm |
| April 2017 | 0.6% | £894pcm |
| April 2016 | 1.5% | £889pcm |
| April 2015 | 1.6% | £875pcm |
| April 2014 | 0.7% | £861pcm |
| April 2013 | 3% | £855pcm |
| April 2012 | 1.4% | £831pcm |
| April 2011 | 1.6% | £819pcm |
| April 2010 | 0.8% | £806pcm |
| April 2009 | -4.1% | £800pcm |
| April 2008 | 4.6% | £834pcm |
| April 2007 | 0% | £797pcm |
The last sale was on 31st July 2025 for £286,900 and since then the market in the area has increased by 0.4%. The postcode has had a total of 9 sales since 1995.
NE29 7FR has seen 9 sales in the last three years and 1 sale in the last twelve months.
NE29 7FR is the 584th largest and the 784th most expensive postcode out of the 883 postcodes in the NE29 area.
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The closest station to NE29 7FR is Northumberland Park (Tyne & Wear) station which is 3.8 kilometres away.
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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 7FR, 33.6% of property is privately owned with a mortgage and 33.6% is socially rented.
The graph below shows how this compares to North East 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 7FR, 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 North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE29 7FR, 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 7FR, 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 7FR, 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.