Verne Road - NE29 7LS
Key Postcode Insights
NE29 7LS is a residential postcode situated on Verne Road, North Shields, NE29 with 37 addresses.
It ranks as the 723rd largest and 189th most expensive of the 882 postcodes in the NE29 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 37 properties: 37 flats.
- Ave. Sale Price
- £99,896
- 10 Year change
- up 34.0%
- Ave. Rental Price
- £709pcm
- 10 Year change
- up 39.6%
- Ave. £ per ft²
- £136/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Key Postcode Insights
NE29 7LS is a residential postcode situated on Verne Road, North Shields, NE29 with 37 addresses.
It ranks as the 723rd largest and 189th most expensive of the 882 postcodes in the NE29 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 37 properties: 37 flats.
- Ave. Sale Price
- £99,896
- 10 Year change
- up 34.0%
- Ave. Rental Price
- £709pcm
- 10 Year change
- up 39.6%
- Ave. £ per ft²
- £136/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Explore Propertiesin NE29 7LS
- 41 Verne Road
2 Bed Early-century Flat
- 43 Verne Road
2 Bed Early-century Flat
- 45 Verne Road
2 Bed Mid-century Flat
- 47 Verne Road
2 Bed Early-century Flat
- 49 Verne Road
3 Bed Early-century Flat
Sales Market Trends
The last sale in NE29 7LS sold for £106,000 on 8th September 2023. Since then prices are up an average of 8.7%.
The current average value in the postcode is £99,896.
The NE29 7LS Sales Market has increased by 34.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £99,896 |
| June 2025 | 5.6% | £100,675 |
| June 2024 | 2.7% | £95,348 |
| June 2023 | 5.5% | £92,803 |
| June 2022 | 8.2% | £87,938 |
| June 2021 | 4.4% | £81,284 |
| June 2020 | 0.4% | £77,872 |
| June 2019 | 0.9% | £77,546 |
| June 2018 | -0.8% | £76,874 |
| June 2017 | 4% | £77,491 |
| June 2016 | -2.5% | £74,525 |
| June 2015 | 1.3% | £76,448 |
| June 2014 | 0.7% | £75,454 |
| June 2013 | 1% | £74,905 |
| June 2012 | 1.7% | £74,158 |
| June 2011 | -2.2% | £72,925 |
| June 2010 | 2.1% | £74,570 |
| June 2009 | -13.4% | £73,014 |
| June 2008 | -4.3% | £84,269 |
| June 2007 | 0% | £88,084 |
Rental Market Trends
The current average rental value in the postcode is £709.
The NE29 7LS Rental Market has increased by 39.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £709pcm |
| June 2025 | 2.2% | £695pcm |
| June 2024 | 10.9% | £680pcm |
| June 2023 | 9.2% | £613pcm |
| June 2022 | 8% | £562pcm |
| June 2021 | 4.3% | £520pcm |
| June 2020 | 2.1% | £498pcm |
| June 2019 | -1.2% | £488pcm |
| June 2018 | -1.6% | £494pcm |
| June 2017 | -1.2% | £502pcm |
| June 2016 | 0.1% | £508pcm |
| June 2015 | 0.2% | £507pcm |
| June 2014 | -1.1% | £506pcm |
| June 2013 | 0.2% | £512pcm |
| June 2012 | 0.2% | £511pcm |
| June 2011 | 1.1% | £510pcm |
| June 2010 | -1% | £504pcm |
| June 2009 | -7% | £509pcm |
| June 2008 | 3% | £547pcm |
| June 2007 | 0% | £531pcm |
Sales History
The last sale was on 8th September 2023 for £106,000 and since then the market in the area has increased by 8.7%. The postcode has had a total of 54 sales since 1995.
NE29 7LS has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Sep 2023£106,000 | 3 Bed Flat69, Verne Road, North Shields, NE29 7LS69, Verne Road, North Shields, NE29 7LS
- Sold Sep 2023£106,000 | 2 Bed Flat71, Verne Road, North Shields, NE29 7LS71, Verne Road, North Shields, NE29 7LS
- Sold Mar 2022£74,000 | 2 Bed Flat53, Verne Road, North Shields, NE29 7LS53, Verne Road, North Shields, NE29 7LS
- Sold Dec 2021£84,000 | 2 Bed Flat71, Verne Road, North Shields, NE29 7LS71, Verne Road, North Shields, NE29 7LS
- Sold Dec 2019£65,000 | 2 Bed Flat47, Verne Road, North Shields, NE29 7LS47, Verne Road, North Shields, NE29 7LS
Nearby Postcodes
NE29 7LS is the 723rd largest and the 189th most expensive postcode out of the 882 postcodes in the NE29 area.
- NE29 7LT, Verne Road, North Shields, NE29NE29 7LT44 Addresses|44 m away
- NE29 7HY, Balkwell Green, North Shields, NE29NE29 7HY89 Addresses|93 m away
- NE29 7NE, Orlando Road, North Shields, NE29NE29 7NE24 Addresses|94 m away
- NE29 7HX, Heaton Terrace, North Shields, NE29NE29 7HX30 Addresses|140 m away
- NE29 7LU, Heaton Terrace, North Shields, NE29NE29 7LU11 Addresses|140 m away
Property Types
- 3 mid-century flats built between 1936 and 1979
- 2 flats of an unknown age
- 27 early-century flats built between 1912 and 1935
- 5 other addresses of unknown type
- mid-century flat (3)
- flat (2)
- early-century flat (27)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 30 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (19)
- G (0)
- D (9)
- 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 School300 m away
- St Joseph's Catholic Primary School, North Shields600 m away
- Whitehouse Primary School800 m away
- Norham High School600 m away
- St Thomas More Catholic High School900 m away
- John Spence Community High School1.7 km away
More reading links
Public Transport Nearby
The closest station to NE29 7LS 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|8.6 km away
- Manors|9.7 km away
