Billy Mill Lane - NE29 8LP
Key Postcode Insights
NE29 8LP is a residential postcode situated on Billy Mill Lane, North Shields, NE29 with 8 addresses.
It ranks as the 206th largest and 670th most expensive of the 882 postcodes in the NE29 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £251,624
- 10 Year change
- up 48.8%
- Ave. Rental Price
- £1,285pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £249/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
NE29 8LP is a residential postcode situated on Billy Mill Lane, North Shields, NE29 with 8 addresses.
It ranks as the 206th largest and 670th most expensive of the 882 postcodes in the NE29 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £251,624
- 10 Year change
- up 48.8%
- Ave. Rental Price
- £1,285pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £249/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin NE29 8LP
- 2 Billy Mill Lane
4 Bed Mid-century House
- 4 Billy Mill Lane
Unknown
- 6 Billy Mill Lane
3 Bed Early-century House
- 8 Billy Mill Lane
Unknown
- 10 Billy Mill Lane
3 Bed Mid-century House
Sales Market Trends
The last sale in NE29 8LP sold for £258,000 on 11th June 2021. Since then prices are up an average of 27.6%.
The current average value in the postcode is £251,624.
The NE29 8LP Sales Market has increased by 48.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £251,624 |
| June 2025 | 6% | £251,413 |
| June 2024 | 2% | £237,148 |
| June 2023 | 7.3% | £232,495 |
| June 2022 | 9.6% | £216,711 |
| June 2021 | 6.7% | £197,818 |
| June 2020 | 1.4% | £185,432 |
| June 2019 | 1.6% | £182,858 |
| June 2018 | 0.9% | £180,008 |
| June 2017 | 5.5% | £178,374 |
| June 2016 | -0.2% | £169,154 |
| June 2015 | 2.9% | £169,460 |
| June 2014 | 2.8% | £164,628 |
| June 2013 | 2% | £160,210 |
| June 2012 | 2% | £157,041 |
| June 2011 | -1% | £153,900 |
| June 2010 | 6.3% | £155,463 |
| June 2009 | -10.5% | £146,225 |
| June 2008 | -2.3% | £163,314 |
| June 2007 | 0% | £167,200 |
Rental Market Trends
The current average rental value in the postcode is £1,285.
The NE29 8LP Rental Market has increased by 54.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,285pcm |
| June 2025 | 3.1% | £1,254pcm |
| June 2024 | 9.9% | £1,215pcm |
| June 2023 | 11.1% | £1,106pcm |
| June 2022 | 9.5% | £995pcm |
| June 2021 | 6.3% | £909pcm |
| June 2020 | 2.9% | £855pcm |
| June 2019 | -0.5% | £831pcm |
| June 2018 | 0% | £836pcm |
| June 2017 | 0.4% | £836pcm |
| June 2016 | 1.6% | £832pcm |
| June 2015 | 1.7% | £819pcm |
| June 2014 | 0.7% | £805pcm |
| June 2013 | 1.3% | £799pcm |
| June 2012 | 0.9% | £789pcm |
| June 2011 | 2.2% | £782pcm |
| June 2010 | 3.1% | £765pcm |
| June 2009 | -4.4% | £743pcm |
| June 2008 | 4.7% | £776pcm |
| June 2007 | 0% | £741pcm |
Sales History
The last sale was on 11th June 2021 for £258,000 and since then the market in the area has increased by 27.6%. The postcode has had a total of 12 sales since 1995.
NE29 8LP has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jun 2021£258,000 | 4 Bed House16, Billy Mill Lane, North Shields, NE29 8LP16, Billy Mill Lane, North Shields, NE29 8LP
- Sold Feb 2018£188,000 | 4 Bed House2, Billy Mill Lane, North Shields, NE29 8LP2, Billy Mill Lane, North Shields, NE29 8LP
- Sold Oct 2017£160,000 | 3 Bed House12, Billy Mill Lane, North Shields, NE29 8LP12, Billy Mill Lane, North Shields, NE29 8LP
- Sold Feb 2016£183,500 | 4 Bed House2, Billy Mill Lane, North Shields, NE29 8LP2, Billy Mill Lane, North Shields, NE29 8LP
- Sold Nov 2012£165,000 | 4 Bed House2, Billy Mill Lane, North Shields, NE29 8LP2, Billy Mill Lane, North Shields, NE29 8LP
Nearby Postcodes
NE29 8LP is the 206th largest and the 670th most expensive postcode out of the 882 postcodes in the NE29 area.
- NE29 8LW, Cornhill Crescent, North Shields, NE29NE29 8LW8 Addresses|60 m away
- NE29 8NA, Cornhill Close, North Shields, NE29NE29 8NA4 Addresses|81 m away
- NE29 8LN, Cornhill Crescent, North Shields, NE29NE29 8LN24 Addresses|84 m away
- NE29 8LL, Cornhill Crescent, North Shields, NE29NE29 8LL5 Addresses|94 m away
- NE29 8LT, Billy Mill Lane, North Shields, NE29NE29 8LT4 Addresses|126 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 2 other addresses of unknown type
- mid-century house (5)
- early-century house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (3)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jun 2025£325,000 | 4 Bed House24, Billy Mill Lane, North Shields, NE29 8LT24, Billy Mill Lane, North Shields, NE29 8LT
- Sold Mar 2022£320,000 | 4 Bed HouseMoorhouse Reservoir House, Billy Mill Lane, North Shields, NE29 8DAMoorhouse Reservoir House, Billy Mill Lane, North Shields, NE29 8DA
- Sold Oct 2025£299,000 | 4 Bed House41, Billy Mill Lane, North Shields, NE29 8BZ41, Billy Mill Lane, North Shields, NE29 8BZ
Schools Nearby
- Whitehouse Primary School500 m away
- Collingwood Primary School800 m away
- New York Primary School1.0 km away
- St Thomas More Catholic High School400 m away
- Norham High School1.1 km away
- John Spence Community High School1.6 km away
More reading links
Public Transport Nearby
The closest station to NE29 8LP is Northumberland Park (Tyne & Wear) station, which is 3.5 kilometres away.
- Northumberland Park (Tyne & Wear)|3.5 km away
- Seaton Delaval|7.8 km away
- Heworth|8.8 km away
- Manors|9.6 km away
