Abbots Way - NE29 8LU
Key Postcode Insights
NE29 8LU is a residential postcode situated on Abbots Way, North Shields, NE29 with 51 addresses.
It ranks as the 827th largest and 854th most expensive of the 882 postcodes in the NE29 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 51 properties: 51 houses.
- Ave. Sale Price
- £400,296
- 10 Year change
- up 46.3%
- Ave. Rental Price
- £1,679pcm
- 10 Year change
- up 50.8%
- Ave. £ per ft²
- £312/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
NE29 8LU is a residential postcode situated on Abbots Way, North Shields, NE29 with 51 addresses.
It ranks as the 827th largest and 854th most expensive of the 882 postcodes in the NE29 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 51 properties: 51 houses.
- Ave. Sale Price
- £400,296
- 10 Year change
- up 46.3%
- Ave. Rental Price
- £1,679pcm
- 10 Year change
- up 50.8%
- Ave. £ per ft²
- £312/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Propertiesin NE29 8LU
- 1 Abbots Way
5 Bed Modern House
- 3 Abbots Way
4 Bed Mid-century House
- 5 Abbots Way
Unknown
- 7 Abbots Way
5 Bed Mid-century House
- 9 Abbots Way
Unknown
Sales Market Trends
The last sale in NE29 8LU sold for £487,500 on 25th February 2025. Since then prices are up an average of 2.2%.
The current average value in the postcode is £400,296.
The NE29 8LU Sales Market has increased by 46.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £400,296 |
| June 2025 | 4.2% | £400,098 |
| June 2024 | 1.7% | £384,154 |
| June 2023 | 7.5% | £377,608 |
| June 2022 | 8.6% | £351,165 |
| June 2021 | 7.3% | £323,483 |
| June 2020 | 1.9% | £301,547 |
| June 2019 | 2.2% | £295,957 |
| June 2018 | 1% | £289,572 |
| June 2017 | 4.8% | £286,760 |
| June 2016 | 2.3% | £273,576 |
| June 2015 | 3.3% | £267,378 |
| June 2014 | 3.1% | £258,901 |
| June 2013 | 2.3% | £251,202 |
| June 2012 | 1.4% | £245,644 |
| June 2011 | 0% | £242,223 |
| June 2010 | 7% | £242,246 |
| June 2009 | -8.3% | £226,302 |
| June 2008 | -0.9% | £246,861 |
| June 2007 | 0% | £249,153 |
Rental Market Trends
The current average rental value in the postcode is £1,679.
The NE29 8LU Rental Market has increased by 50.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £1,679pcm |
| June 2025 | 2.5% | £1,652pcm |
| June 2024 | 9.5% | £1,611pcm |
| June 2023 | 11.4% | £1,471pcm |
| June 2022 | 8.7% | £1,320pcm |
| June 2021 | 6.2% | £1,215pcm |
| June 2020 | 2.7% | £1,143pcm |
| June 2019 | -0.1% | £1,113pcm |
| June 2018 | -0.2% | £1,115pcm |
| June 2017 | 0.3% | £1,117pcm |
| June 2016 | 1.9% | £1,114pcm |
| June 2015 | 1.9% | £1,093pcm |
| June 2014 | 0.7% | £1,073pcm |
| June 2013 | 1.7% | £1,065pcm |
| June 2012 | 1% | £1,047pcm |
| June 2011 | 2.7% | £1,037pcm |
| June 2010 | 3.6% | £1,010pcm |
| June 2009 | -3.6% | £975pcm |
| June 2008 | 5.3% | £1,011pcm |
| June 2007 | 0% | £960pcm |
Sales History
The last sale was on 25th February 2025 for £487,500 and since then the market in the area has increased by 2.2%. The postcode has had a total of 75 sales since 1995.
NE29 8LU has seen 6 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2025£487,500 | 4 Bed House59, Abbots Way, North Shields, NE29 8LU59, Abbots Way, North Shields, NE29 8LU
- Sold Jan 2025£373,000 | 3 Bed House37, Abbots Way, North Shields, NE29 8LU37, Abbots Way, North Shields, NE29 8LU
- Sold Jan 2025£285,000 | 3 Bed House93, Abbots Way, North Shields, NE29 8LU93, Abbots Way, North Shields, NE29 8LU
- Sold Dec 2023£315,000 | 3 Bed House87, Abbots Way, North Shields, NE29 8LU87, Abbots Way, North Shields, NE29 8LU
- Sold Jul 2023£300,000 | 3 Bed House29, Abbots Way, North Shields, NE29 8LU29, Abbots Way, North Shields, NE29 8LU
Nearby Postcodes
NE29 8LU is the 827th largest and the 854th most expensive postcode out of the 882 postcodes in the NE29 area.
- NE29 8PH, Devon Road, North Shields, NE29NE29 8PH27 Addresses|124 m away
- NE29 8LY, Abbots Way, North Shields, NE29NE29 8LY45 Addresses|134 m away
- NE29 8LX, Abbots Way, North Shields, NE29NE29 8LX43 Addresses|149 m away
- NE29 8QP, Dawlish Close, North Shields, NE29NE29 8QP37 Addresses|165 m away
- NE29 8PL, Devon Road, North Shields, NE29NE29 8PL19 Addresses|167 m away
Property Types
- 26 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 3 houses of an unknown age
- 20 other addresses of unknown type
- modern house (26)
- mid-century house (2)
- house (3)
- Unknown (20)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 28 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (15)
- G (0)
- D (12)
- No EPC (23)
Top 3 Most Expensive Sales
- Sold Jun 2025£527,500 | 4 Bed House138, Abbots Way, North Shields, NE29 8LY138, Abbots Way, North Shields, NE29 8LY
- Sold Feb 2025£487,500 | 4 Bed House59, Abbots Way, North Shields, NE29 8LU59, Abbots Way, North Shields, NE29 8LU
- Sold Sep 2023£475,000 | 4 Bed House140, Abbots Way, North Shields, NE29 8LY140, Abbots Way, North Shields, NE29 8LY
Schools Nearby
- Preston Grange Primary School500 m away
- Whitehouse Primary School500 m away
- New York Primary School1.0 km away
- St Thomas More Catholic High School800 m away
- Monkseaton High School900 m away
- John Spence Community High School1.1 km away
More reading links
Public Transport Nearby
The closest station to NE29 8LU is Northumberland Park (Tyne & Wear) station, which is 3.5 kilometres away.
- Northumberland Park (Tyne & Wear)|3.5 km away
- Seaton Delaval|7.3 km away
- Newsham|9.6 km away
- Heworth|9.7 km away
