Verne Road - NE29 7LR
Key Postcode Insights
NE29 7LR is a residential postcode situated on Verne Road, North Shields, NE29 with 19 addresses.
It ranks as the 471st largest and 612th 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 19 properties: 19 houses.
- Ave. Sale Price
- £226,206
- 10 Year change
- up 49.3%
- Ave. Rental Price
- £1,223pcm
- 10 Year change
- up 55.4%
- Ave. £ per ft²
- £264/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
NE29 7LR is a residential postcode situated on Verne Road, North Shields, NE29 with 19 addresses.
It ranks as the 471st largest and 612th 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 19 properties: 19 houses.
- Ave. Sale Price
- £226,206
- 10 Year change
- up 49.3%
- Ave. Rental Price
- £1,223pcm
- 10 Year change
- up 55.4%
- Ave. £ per ft²
- £264/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin NE29 7LR
- 2 Verne Road
3 Bed Early-century House
- 4 Verne Road
Unknown
- 6 Verne Road
3 Bed Early-century House
- 8 Verne Road
3 Bed Early-century House
- 10 Verne Road
Unknown
Sales Market Trends
The last sale in NE29 7LR sold for £210,000 on 10th April 2026. Since then prices are up an average of 0.3%.
The current average value in the postcode is £226,206.
The NE29 7LR Sales Market has increased by 49.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £226,206 |
| June 2025 | 6.7% | £226,383 |
| June 2024 | 2% | £212,219 |
| June 2023 | 7.3% | £208,076 |
| June 2022 | 9.8% | £193,892 |
| June 2021 | 6.5% | £176,594 |
| June 2020 | 1.3% | £165,847 |
| June 2019 | 1.4% | £163,772 |
| June 2018 | 0.8% | £161,508 |
| June 2017 | 5.7% | £160,225 |
| June 2016 | -1.1% | £151,556 |
| June 2015 | 2.8% | £153,250 |
| June 2014 | 2.5% | £149,021 |
| June 2013 | 2.1% | £145,331 |
| June 2012 | 2.4% | £142,393 |
| June 2011 | -1.4% | £139,103 |
| June 2010 | 6% | £141,010 |
| June 2009 | -11.2% | £132,994 |
| June 2008 | -2.8% | £149,752 |
| June 2007 | 0% | £154,054 |
Rental Market Trends
The current average rental value in the postcode is £1,223.
The NE29 7LR Rental Market has increased by 55.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,223pcm |
| June 2025 | 3.3% | £1,191pcm |
| June 2024 | 10.1% | £1,154pcm |
| June 2023 | 11% | £1,048pcm |
| June 2022 | 9.7% | £944pcm |
| June 2021 | 6.4% | £861pcm |
| June 2020 | 3% | £809pcm |
| June 2019 | -0.6% | £786pcm |
| June 2018 | 0% | £791pcm |
| June 2017 | 0.4% | £791pcm |
| June 2016 | 1.5% | £787pcm |
| June 2015 | 1.7% | £775pcm |
| June 2014 | 0.7% | £762pcm |
| June 2013 | 1.3% | £757pcm |
| June 2012 | 0.9% | £747pcm |
| June 2011 | 2% | £741pcm |
| June 2010 | 2.8% | £726pcm |
| June 2009 | -4.6% | £707pcm |
| June 2008 | 4.6% | £741pcm |
| June 2007 | 0% | £708pcm |
Sales History
The last sale was on 10th April 2026 for £210,000 and since then the market in the area has increased by 0.3%. The postcode has had a total of 28 sales since 1995.
NE29 7LR has seen 7 sales in the last three years and 1 sale in the last twelve months.
- Sold Apr 2026£210,000 | 3 Bed House14, Verne Road, North Shields, NE29 7LR14, Verne Road, North Shields, NE29 7LR
- Sold Jul 2025£225,000 | 3 Bed House8, Verne Road, North Shields, NE29 7LR8, Verne Road, North Shields, NE29 7LR
- Sold Jan 2025£225,000 | 3 Bed House16, Verne Road, North Shields, NE29 7LR16, Verne Road, North Shields, NE29 7LR
- Sold Dec 2024£191,000 | 3 Bed House20, Verne Road, North Shields, NE29 7LR20, Verne Road, North Shields, NE29 7LR
- Sold Jun 2024£145,000 | 3 Bed House8, Verne Road, North Shields, NE29 7LR8, Verne Road, North Shields, NE29 7LR
Nearby Postcodes
NE29 7LR is the 471st largest and the 612th most expensive postcode out of the 882 postcodes in the NE29 area.
- NE29 7LP, Verne Road, North Shields, NE29NE29 7LP16 Addresses|44 m away
- NE29 7PZ, Addington Crescent, North Shields, NE29NE29 7PZ18 Addresses|108 m away
- NE29 7LU, Heaton Terrace, North Shields, NE29NE29 7LU11 Addresses|118 m away
- NE29 0QH, Regent Terrace, North Shields, NE29NE29 0QH18 Addresses|123 m away
- NE29 0QL, Billy Mill Avenue, North Shields, NE29NE29 0QL2 Addresses|129 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 11 early-century houses built between 1912 and 1935
- 6 other addresses of unknown type
- mid-century house (2)
- early-century house (11)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (4)
- G (0)
- D (7)
- No EPC (6)
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 School500 m away
- Whitehouse Primary School700 m away
- St Joseph's Catholic Primary School, North Shields800 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 7LR 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
