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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE29 8EQHouse Prices / North East, North Tyneside, Rake Lane
Last updated May 2026
Key Postcode Insights
NE29 8EQ is a residential postcode situated on Rake Lane, North Shields, NE29 with 2 addresses.
It ranks as the 55th largest and 134th most expensive of the 883 postcodes in the NE29 area.
The postcode contains a total of 2 properties: 2 flats.
2
Properties
- Flats
Key Postcode Insights
NE29 8EQ is a residential postcode situated on Rake Lane, North Shields, NE29 with 2 addresses.
It ranks as the 55th largest and 134th most expensive of the 883 postcodes in the NE29 area.
The postcode contains a total of 2 properties: 2 flats.
2
Properties
- Flats
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House Pricesin NE29 8EQ
Sale prices range from £89,213 for 2 bedroom leasehold flats (516 ft2) to £89,213 for 2 bedroom leasehold flats (516 ft2) .
Monthly rental prices range from £647 pcm for 2 bed flats to £647 pcm for 2 bed flats.
The gross rental yield is between 8.7% and 8.7%.
The average value per square foot is £173.
Average Sale Value
£89,213
Average Rental Value
£647 pcm
Average Rental Yield
8.7% /year
Average Value Per Sqft
£173 /ft2
Sales Market Trendsin NE29 8EQ
The last sale in NE29 8EQ sold for £30,000 on 17th December 2021. Since then prices are down an average of 0.0%.
The current average value in the postcode is £89,213.
The NE29 8EQ Sales Market has increased by 32.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1% | £89,213 |
| April 2025 | 4.2% | £88,372 |
| April 2024 | 2.8% | £84,844 |
| April 2023 | 5.4% | £82,502 |
| April 2022 | 7.3% | £78,304 |
| April 2021 | 4.2% | £72,974 |
| April 2020 | 1.2% | £70,056 |
| April 2019 | -0.2% | £69,257 |
| April 2018 | 0.7% | £69,384 |
| April 2017 | 2.2% | £68,882 |
| April 2016 | 1.7% | £67,420 |
| April 2015 | 1.8% | £66,294 |
| April 2014 | 1.8% | £65,093 |
| April 2013 | 0.1% | £63,932 |
| April 2012 | -1.5% | £63,850 |
| April 2011 | -0.5% | £64,811 |
| April 2010 | 0.2% | £65,136 |
| April 2009 | -12.4% | £65,001 |
| April 2008 | 0.1% | £74,244 |
| April 2007 | 0% | £74,172 |
Rental Market Trendsin NE29 8EQ
The current average rental value in the postcode is £647.
The NE29 8EQ Rental Market has increased by 36.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £647pcm |
| April 2025 | 4.5% | £631pcm |
| April 2024 | 9.8% | £604pcm |
| April 2023 | 7.4% | £549pcm |
| April 2022 | 7% | £512pcm |
| April 2021 | 4% | £478pcm |
| April 2020 | 1% | £459pcm |
| April 2019 | -1.1% | £455pcm |
| April 2018 | -1.9% | £460pcm |
| April 2017 | -0.8% | £469pcm |
| April 2016 | 0.5% | £473pcm |
| April 2015 | 0.2% | £471pcm |
| April 2014 | -1.4% | £470pcm |
| April 2013 | 0.1% | £476pcm |
| April 2012 | 0.2% | £476pcm |
| April 2011 | 0% | £475pcm |
| April 2010 | -2% | £475pcm |
| April 2009 | -5.7% | £484pcm |
| April 2008 | 2.9% | £513pcm |
| April 2007 | 0% | £499pcm |
Explore Buildingsin NE29 8EQ, Rake Lane, North Shields, NE29
- Rake House Farm, Rake Lane, North Shields, NE29Building 2 units
Sales Historyin NE29 8EQ
The last sale was on 17th December 2021 for £30,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
NE29 8EQ has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto NE29 8EQ
NE29 8EQ is the 55th largest and the 134th most expensive postcode out of the 883 postcodes in the NE29 area.
- 206 mNE29 8PP, Devon Road, North Shields, NE29NE29 8PP31 Addresses
- 215 mNE29 8EF, Dunn Street, North Shields, NE29NE29 8EF52 Addresses
- 244 mNE29 8QG, Barnstaple Road, North Shields, NE29NE29 8QG13 Addresses
- 248 mNE29 8PS, Bridport Road, North Shields, NE29NE29 8PS14 Addresses
- 253 mNE29 8QL, Melford Place, North Shields, NE29NE29 8QL5 Addresses
- 257 mNE29 8EB, Blacksmith Drive, North Shields, NE29NE29 8EB64 Addresses
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Property Typesin NE29 8EQ
- 2 other addresses of unknown type
- Unknown (2)
Energy Efficiencyof properties in NE29 8EQ
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The dominant rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Schools Nearbyto NE29 8EQ
The nearest primary school to NE29 8EQ is Preston Grange Primary School which is 556 metres away.
- 556mPreston Grange Primary School
- 851mStar of the Sea Catholic Primary School, Whitley Bay
- 921mWhitehouse Primary School
The nearest secondary school is Monkseaton High School which is 714 metres away.
- 714mMonkseaton High School
- 995mSt Thomas More Catholic High School
- 1.3kmJohn Spence Community High School
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Public Transport Nearbyto NE29 8EQ
The closest station to NE29 8EQ is Northumberland Park (Tyne & Wear) station which is 3.2 kilometres away.
- 3.2kmNorthumberland Park (Tyne & Wear)
- 6.9kmSeaton Delaval
- 9.2kmNewsham
- 9.9kmHeworth