Billy Mill Lane - NE29 8LT
Key Postcode Insights
NE29 8LT is a residential postcode situated on Billy Mill Lane, North Shields, NE29 with 4 addresses.
It ranks as the 110th largest and 781st 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 4 properties: 4 houses.
- Ave. Sale Price
- £299,520
- 10 Year change
- up 46.4%
- Ave. Rental Price
- £1,433pcm
- 10 Year change
- up 52.0%
- Ave. £ per ft²
- £239/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
NE29 8LT is a residential postcode situated on Billy Mill Lane, North Shields, NE29 with 4 addresses.
It ranks as the 110th largest and 781st 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 4 properties: 4 houses.
- Ave. Sale Price
- £299,520
- 10 Year change
- up 46.4%
- Ave. Rental Price
- £1,433pcm
- 10 Year change
- up 52.0%
- Ave. £ per ft²
- £239/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin NE29 8LT
- 18 Billy Mill Lane
4 Bed Mid-century House
- 20 Billy Mill Lane
Unknown
- 22 Billy Mill Lane
Unknown
- 24 Billy Mill Lane
4 Bed Mid-century House
Sales Market Trends
The last sale in NE29 8LT sold for £325,000 on 9th June 2025. Since then prices are down an average of 0.4%.
The current average value in the postcode is £299,520.
The NE29 8LT Sales Market has increased by 46.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £299,520 |
| June 2025 | 5.6% | £300,628 |
| June 2024 | 1.8% | £284,783 |
| June 2023 | 7.6% | £279,632 |
| June 2022 | 9% | £259,963 |
| June 2021 | 6.4% | £238,416 |
| June 2020 | 1.3% | £224,132 |
| June 2019 | 1.7% | £221,248 |
| June 2018 | 0.8% | £217,499 |
| June 2017 | 5.5% | £215,808 |
| June 2016 | 0% | £204,628 |
| June 2015 | 3% | £204,655 |
| June 2014 | 2.8% | £198,649 |
| June 2013 | 2.1% | £193,211 |
| June 2012 | 2.1% | £189,200 |
| June 2011 | -0.6% | £185,239 |
| June 2010 | 7.2% | £186,380 |
| June 2009 | -9.7% | £173,924 |
| June 2008 | -2% | £192,630 |
| June 2007 | 0% | £196,531 |
Rental Market Trends
The current average rental value in the postcode is £1,433.
The NE29 8LT Rental Market has increased by 52.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,433pcm |
| June 2025 | 2.7% | £1,404pcm |
| June 2024 | 9.8% | £1,367pcm |
| June 2023 | 11.4% | £1,246pcm |
| June 2022 | 8.9% | £1,119pcm |
| June 2021 | 6% | £1,027pcm |
| June 2020 | 2.8% | £969pcm |
| June 2019 | -0.4% | £942pcm |
| June 2018 | -0.1% | £946pcm |
| June 2017 | 0.4% | £947pcm |
| June 2016 | 1.8% | £943pcm |
| June 2015 | 1.8% | £927pcm |
| June 2014 | 0.8% | £910pcm |
| June 2013 | 1.4% | £903pcm |
| June 2012 | 1% | £890pcm |
| June 2011 | 2.6% | £882pcm |
| June 2010 | 3.9% | £860pcm |
| June 2009 | -3.6% | £828pcm |
| June 2008 | 5.1% | £858pcm |
| June 2007 | 0% | £816pcm |
Sales History
The last sale was on 9th June 2025 for £325,000 and since then the market in the area has decreased by 0.4%. The postcode has had a total of 6 sales since 1995.
NE29 8LT has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2025£325,000 | 4 Bed House24, Billy Mill Lane, North Shields, NE29 8LT24, Billy Mill Lane, North Shields, NE29 8LT
- Sold Aug 2018£3,500 | 4 Bed House24, Billy Mill Lane, North Shields, NE29 8LT24, Billy Mill Lane, North Shields, NE29 8LT
- Sold May 2017£180,000 | 4 Bed House22, Billy Mill Lane, North Shields, NE29 8LT22, Billy Mill Lane, North Shields, NE29 8LT
- Sold Jul 2015£195,000 | 4 Bed House24, Billy Mill Lane, North Shields, NE29 8LT24, Billy Mill Lane, North Shields, NE29 8LT
- Sold Jun 2013£189,950 | 4 Bed House18, Billy Mill Lane, North Shields, NE29 8LT18, Billy Mill Lane, North Shields, NE29 8LT
Nearby Postcodes
NE29 8LT is the 110th largest and the 781st most expensive postcode out of the 882 postcodes in the NE29 area.
- NE29 8NA, Cornhill Close, North Shields, NE29NE29 8NA4 Addresses|44 m away
- NE29 8LQ, Glanton Road, North Shields, NE29NE29 8LQ33 Addresses|55 m away
- NE29 8LL, Cornhill Crescent, North Shields, NE29NE29 8LL5 Addresses|61 m away
- NE29 8HP, Lynn Road, North Shields, NE29NE29 8HP21 Addresses|100 m away
- NE29 8LG, Billy Mill Lane, North Shields, NE29NE29 8LG2 Addresses|121 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century house (2)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- 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 School900 m away
- New York Primary School900 m away
- St Thomas More Catholic High School300 m away
- Norham High School1.2 km away
- John Spence Community High School1.6 km away
More reading links
Public Transport Nearby
The closest station to NE29 8LT is Northumberland Park (Tyne & Wear) station, which is 3.5 kilometres away.
- Northumberland Park (Tyne & Wear)|3.5 km away
- Seaton Delaval|7.7 km away
- Heworth|8.9 km away
- Manors|9.6 km away
