Rake Lane - NE29 8EY
Key Postcode Insights
NE29 8EY is a residential postcode situated on Rake Lane, North Shields, NE29 with 20 addresses.
It ranks as the 496th largest and 601st 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 20 properties: 20 houses.
- Ave. Sale Price
- £217,430
- 10 Year change
- up 51.6%
- Ave. Rental Price
- £1,260pcm
- 10 Year change
- up 55.2%
- Ave. £ per ft²
- £240/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
NE29 8EY is a residential postcode situated on Rake Lane, North Shields, NE29 with 20 addresses.
It ranks as the 496th largest and 601st 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 20 properties: 20 houses.
- Ave. Sale Price
- £217,430
- 10 Year change
- up 51.6%
- Ave. Rental Price
- £1,260pcm
- 10 Year change
- up 55.2%
- Ave. £ per ft²
- £240/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin NE29 8EY
- 1 Rake Lane
Unknown
- 3 Rake Lane
Unknown
- 5 Rake Lane
3 Bed Early-century House
- 7 Rake Lane
Unknown
- 9 Rake Lane
Unknown
Sales Market Trends
The last sale in NE29 8EY sold for £260,000 on 21st November 2025. Since then prices are up an average of 2.4%.
The current average value in the postcode is £217,430.
The NE29 8EY Sales Market has increased by 51.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.7% | £217,430 |
| June 2025 | 5.1% | £213,770 |
| June 2024 | 2.7% | £203,485 |
| June 2023 | 6% | £198,205 |
| June 2022 | 10.4% | £187,072 |
| June 2021 | 8.2% | £169,526 |
| June 2020 | 1.2% | £156,667 |
| June 2019 | 2% | £154,801 |
| June 2018 | 2.3% | £151,818 |
| June 2017 | 3.5% | £148,391 |
| June 2016 | 3.2% | £143,392 |
| June 2015 | 2.8% | £139,008 |
| June 2014 | 3.9% | £135,191 |
| June 2013 | 1.5% | £130,144 |
| June 2012 | 0.1% | £128,274 |
| June 2011 | -0.2% | £128,125 |
| June 2010 | 5.4% | £128,321 |
| June 2009 | -9.3% | £121,744 |
| June 2008 | -0.8% | £134,187 |
| June 2007 | 0% | £135,263 |
Rental Market Trends
The current average rental value in the postcode is £1,260.
The NE29 8EY Rental Market has increased by 55.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,260pcm |
| June 2025 | 4% | £1,228pcm |
| June 2024 | 9.7% | £1,180pcm |
| June 2023 | 10% | £1,076pcm |
| June 2022 | 9.5% | £978pcm |
| June 2021 | 7% | £894pcm |
| June 2020 | 1.7% | £835pcm |
| June 2019 | 0.1% | £821pcm |
| June 2018 | 0.6% | £820pcm |
| June 2017 | 0.4% | £815pcm |
| June 2016 | 1.9% | £812pcm |
| June 2015 | 1.4% | £797pcm |
| June 2014 | 1.4% | £786pcm |
| June 2013 | 0.9% | £775pcm |
| June 2012 | 0.5% | £769pcm |
| June 2011 | 1.4% | £765pcm |
| June 2010 | 3% | £754pcm |
| June 2009 | -5% | £732pcm |
| June 2008 | 4.3% | £771pcm |
| June 2007 | 0% | £739pcm |
Sales History
The last sale was on 21st November 2025 for £260,000 and since then the market in the area has increased by 2.4%. The postcode has had a total of 31 sales since 1995.
NE29 8EY has seen 6 sales in the last three years and 2 sales in the last twelve months.
- Sold Nov 2025£260,000 | 3 Bed House33, Rake Lane, North Shields, NE29 8EY33, Rake Lane, North Shields, NE29 8EY
- Sold Sep 2025£225,000 | 3 Bed House5, Rake Lane, North Shields, NE29 8EY5, Rake Lane, North Shields, NE29 8EY
- Sold Jul 2025£170,000 | 3 Bed House21, Rake Lane, North Shields, NE29 8EY21, Rake Lane, North Shields, NE29 8EY
- Sold Jan 2025£179,950 | 3 Bed House11, Rake Lane, North Shields, NE29 8EY11, Rake Lane, North Shields, NE29 8EY
- Sold Mar 2024£160,000 | 3 Bed House19, Rake Lane, North Shields, NE29 8EY19, Rake Lane, North Shields, NE29 8EY
Nearby Postcodes
NE29 8EY is the 496th largest and the 601st most expensive postcode out of the 882 postcodes in the NE29 area.
- NE29 8QN, Exeter Road, North Shields, NE29NE29 8QN4 Addresses|68 m away
- NE29 8QE, Barnstaple Road, North Shields, NE29NE29 8QE6 Addresses|79 m away
- NE29 8QF, Barnstaple Road, North Shields, NE29NE29 8QF30 Addresses|103 m away
- NE29 8PX, Tiverton Avenue, North Shields, NE29NE29 8PX38 Addresses|112 m away
- NE29 8FF, Jackson Farm Court, North Shields, NE29NE29 8FF10 Addresses|136 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 3 houses of an unknown age
- 10 early-century houses built between 1912 and 1935
- 6 other addresses of unknown type
- mid-century house (1)
- house (3)
- early-century house (10)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (7)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Nov 2025£260,000 | 3 Bed House33, Rake Lane, North Shields, NE29 8EY33, Rake Lane, North Shields, NE29 8EY
- Sold Sep 2025£225,000 | 3 Bed House5, Rake Lane, North Shields, NE29 8EY5, Rake Lane, North Shields, NE29 8EY
- Sold Jun 2022£206,000 | 3 Bed House15, Rake Lane, North Shields, NE29 8EY15, Rake Lane, North Shields, NE29 8EY
Schools Nearby
- New York Primary School500 m away
- Whitehouse Primary School1.0 km away
- Preston Grange Primary School1.1 km away
- St Thomas More Catholic High School800 m away
- Monkseaton High School1.2 km away
- John Spence Community High School1.8 km away
More reading links
Public Transport Nearby
The closest station to NE29 8EY is Northumberland Park (Tyne & Wear) station, which is 2.8 kilometres away.
- Northumberland Park (Tyne & Wear)|2.8 km away
- Seaton Delaval|6.8 km away
- Newsham|9.2 km away
- Heworth|9.5 km away
