Verne Road - NE29 7LP
Key Postcode Insights
NE29 7LP is a residential postcode situated on Verne Road, North Shields, NE29 with 16 addresses.
It ranks as the 413th largest and 678th most expensive of the 882 postcodes in the NE29 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 16 properties: 16 houses.
- Ave. Sale Price
- £260,429
- 10 Year change
- up 50.7%
- Ave. Rental Price
- £1,290pcm
- 10 Year change
- up 56.9%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
NE29 7LP is a residential postcode situated on Verne Road, North Shields, NE29 with 16 addresses.
It ranks as the 413th largest and 678th most expensive of the 882 postcodes in the NE29 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 16 properties: 16 houses.
- Ave. Sale Price
- £260,429
- 10 Year change
- up 50.7%
- Ave. Rental Price
- £1,290pcm
- 10 Year change
- up 56.9%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin NE29 7LP
- 1 Verne Road
Unknown
- 3 Verne Road
4 Bed Early-century House
- 5 Verne Road
4 Bed Early-century House
- 7 Verne Road
4 Bed Early-century House
- 9 Verne Road
3 Bed Early-century House
Sales Market Trends
The last sale in NE29 7LP sold for £250,000 on 28th November 2025. Since then prices are up an average of 2.2%.
The current average value in the postcode is £260,429.
The NE29 7LP Sales Market has increased by 50.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £260,429 |
| June 2025 | 7% | £260,002 |
| June 2024 | 2.1% | £243,071 |
| June 2023 | 7.1% | £238,168 |
| June 2022 | 10.1% | £222,322 |
| June 2021 | 6.7% | £201,903 |
| June 2020 | 1.3% | £189,170 |
| June 2019 | 1.4% | £186,687 |
| June 2018 | 0.9% | £184,189 |
| June 2017 | 5.7% | £182,579 |
| June 2016 | -1.2% | £172,765 |
| June 2015 | 2.8% | £174,878 |
| June 2014 | 2.5% | £170,141 |
| June 2013 | 2% | £166,006 |
| June 2012 | 2.3% | £162,673 |
| June 2011 | -1.6% | £159,027 |
| June 2010 | 5.4% | £161,626 |
| June 2009 | -11.7% | £153,356 |
| June 2008 | -3% | £173,714 |
| June 2007 | 0% | £179,074 |
Rental Market Trends
The current average rental value in the postcode is £1,290.
The NE29 7LP Rental Market has increased by 56.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,290pcm |
| June 2025 | 3.5% | £1,253pcm |
| June 2024 | 10.1% | £1,211pcm |
| June 2023 | 10.8% | £1,099pcm |
| June 2022 | 10% | £992pcm |
| June 2021 | 6.7% | £902pcm |
| June 2020 | 3% | £846pcm |
| June 2019 | -0.7% | £821pcm |
| June 2018 | 0.1% | £826pcm |
| June 2017 | 0.4% | £825pcm |
| June 2016 | 1.4% | £822pcm |
| June 2015 | 1.7% | £811pcm |
| June 2014 | 0.6% | £797pcm |
| June 2013 | 1.3% | £792pcm |
| June 2012 | 0.8% | £782pcm |
| June 2011 | 1.8% | £776pcm |
| June 2010 | 2.2% | £763pcm |
| June 2009 | -5.2% | £747pcm |
| June 2008 | 4.4% | £788pcm |
| June 2007 | 0% | £754pcm |
Sales History
The last sale was on 28th November 2025 for £250,000 and since then the market in the area has increased by 2.2%. The postcode has had a total of 24 sales since 1995.
NE29 7LP has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Nov 2025£250,000 | 3 Bed House19, Verne Road, North Shields, NE29 7LP19, Verne Road, North Shields, NE29 7LP
- Sold Jan 2022£330,000 | 4 Bed House7, Verne Road, North Shields, NE29 7LP7, Verne Road, North Shields, NE29 7LP
- Sold Feb 2021£140,000 | 3 Bed House29, Verne Road, North Shields, NE29 7LP29, Verne Road, North Shields, NE29 7LP
- Sold Feb 2019£198,000 | 3 Bed House9, Verne Road, North Shields, NE29 7LP9, Verne Road, North Shields, NE29 7LP
- Sold Jun 2016£150,000 | 4 Bed House3, Verne Road, North Shields, NE29 7LP3, Verne Road, North Shields, NE29 7LP
Nearby Postcodes
NE29 7LP is the 413th largest and the 678th most expensive postcode out of the 882 postcodes in the NE29 area.
- NE29 7LR, Verne Road, North Shields, NE29NE29 7LR19 Addresses|44 m away
- NE29 7PZ, Addington Crescent, North Shields, NE29NE29 7PZ18 Addresses|68 m away
- NE29 7HX, Heaton Terrace, North Shields, NE29NE29 7HX30 Addresses|103 m away
- NE29 7PY, Addington Crescent, North Shields, NE29NE29 7PY10 Addresses|120 m away
- NE29 0QW, Billy Mill Avenue, North Shields, NE29NE29 0QW12 Addresses|126 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 7 early-century houses built between 1912 and 1935
- 5 other addresses of unknown type
- mid-century house (2)
- house (2)
- early-century house (7)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (1)
- F (1)
- C (1)
- G (0)
- D (5)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Jan 2022£330,000 | 4 Bed House7, Verne Road, North Shields, NE29 7LP7, Verne Road, North Shields, NE29 7LP
- Sold Jun 2025£260,000 | 4 Bed House206, Verne Road, North Shields, NE29 7DR206, Verne Road, North Shields, NE29 7DR
- Sold Nov 2025£250,000 | 3 Bed House19, Verne Road, North Shields, NE29 7LP19, Verne Road, North Shields, NE29 7LP
Schools Nearby
- Collingwood Primary School400 m away
- Whitehouse Primary School700 m away
- St Joseph's Catholic Primary School, North Shields700 m away
- Norham High School800 m away
- St Thomas More Catholic High School900 m away
- John Spence Community High School1.5 km away
More reading links
Public Transport Nearby
The closest station to NE29 7LP is Northumberland Park (Tyne & Wear) station, which is 4.1 kilometres away.
- Northumberland Park (Tyne & Wear)|4.1 km away
- Seaton Delaval|8.4 km away
- Heworth|8.8 km away
- Manors|9.9 km away
