Preston Terrace - NE29 9NE
Key Street Insights
Preston Terrace is a residential street with 9 addresses.
It ranks as the 90th largest and 505th most expensive of the 538 streets in the NE29 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 9 properties: 7 houses and 2 flats.
- Ave. Sale Price
- £301,269
- 10 Year change
- up 37.3%
- Ave. Rental Price
- £1,643pcm
- 10 Year change
- up 42.0%
- Ave. £ per ft²
- £154/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Street Insights
Preston Terrace is a residential street with 9 addresses.
It ranks as the 90th largest and 505th most expensive of the 538 streets in the NE29 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 9 properties: 7 houses and 2 flats.
- Ave. Sale Price
- £301,269
- 10 Year change
- up 37.3%
- Ave. Rental Price
- £1,643pcm
- 10 Year change
- up 42.0%
- Ave. £ per ft²
- £154/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertieson Preston Terrace, North Shields, NE29
- 2 Preston Terrace
House
- 3 Preston Terrace
House
- 4 Preston Terrace
House
- 5 Preston Terrace
House
- 6 Preston Terrace
House
Sales Market Trends
The last sale on Preston Terrace sold for £440,000 on 13th December 2024. Since then prices are up an average of 1.4%.
The current average value in the street is £301,269.
The Preston Terrace Sales Market has increased by 37.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £301,269 |
| June 2025 | 2.4% | £298,671 |
| June 2024 | 2.3% | £291,611 |
| June 2023 | 6.1% | £285,094 |
| June 2022 | 6.9% | £268,587 |
| June 2021 | 6.1% | £251,173 |
| June 2020 | 2.4% | £236,838 |
| June 2019 | 1.9% | £231,247 |
| June 2018 | 0% | £226,940 |
| June 2017 | 3.5% | £227,013 |
| June 2016 | 3.3% | £219,430 |
| June 2015 | 2.5% | £212,468 |
| June 2014 | 2.4% | £207,198 |
| June 2013 | 1.8% | £202,314 |
| June 2012 | 0.1% | £198,822 |
| June 2011 | 0% | £198,607 |
| June 2010 | 5% | £198,656 |
| June 2009 | -8.8% | £189,145 |
| June 2008 | -1.8% | £207,343 |
| June 2007 | 0% | £211,112 |
Rental Market Trends
The current average rental value in the street is £1,643.
The Preston Terrace Rental Market has increased by 42.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,643pcm |
| June 2025 | 1.8% | £1,611pcm |
| June 2024 | 10.1% | £1,582pcm |
| June 2023 | 10.2% | £1,437pcm |
| June 2022 | 7.6% | £1,304pcm |
| June 2021 | 4.6% | £1,212pcm |
| June 2020 | 2.6% | £1,158pcm |
| June 2019 | -0.4% | £1,129pcm |
| June 2018 | -1.2% | £1,134pcm |
| June 2017 | -0.7% | £1,149pcm |
| June 2016 | 1% | £1,157pcm |
| June 2015 | 1% | £1,145pcm |
| June 2014 | 0% | £1,133pcm |
| June 2013 | 1.2% | £1,134pcm |
| June 2012 | 0.4% | £1,120pcm |
| June 2011 | 2.3% | £1,116pcm |
| June 2010 | 1.5% | £1,091pcm |
| June 2009 | -5.4% | £1,075pcm |
| June 2008 | 3.8% | £1,136pcm |
| June 2007 | 0% | £1,094pcm |
Sales History
The last sale was on 13th December 2024 for £440,000 and since then the market in the area has increased by 1.4%. The street has had a total of 6 sales since 1995.
Preston Terrace, North Shields, NE29 has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Dec 2024£440,000 | 5 Bed House8, Preston Terrace, North Shields, NE29 9NE8, Preston Terrace, North Shields, NE29 9NE
- Sold Mar 2024£230,000 | 5 Bed House8, Preston Terrace, North Shields, NE29 9NE8, Preston Terrace, North Shields, NE29 9NE
- Sold Aug 2015£106,500 | 2 Bed Flat7A , Preston Terrace, North Shields, NE29 9NE7A , Preston Terrace, North Shields, NE29 9NE
- Sold Jun 2013£50,000 | 2 Bed Flat7A , Preston Terrace, North Shields, NE29 9NE7A , Preston Terrace, North Shields, NE29 9NE
- Sold Oct 2006£300,000 | 5 Bed House9, Preston Terrace, North Shields, NE29 9NE9, Preston Terrace, North Shields, NE29 9NE
Top 3 Most Expensive Sales
- Sold Dec 2024£440,000 | 5 Bed House8, Preston Terrace, North Shields, NE29 9NE8, Preston Terrace, North Shields, NE29 9NE
- Sold Oct 2006£300,000 | 5 Bed House9, Preston Terrace, North Shields, NE29 9NE9, Preston Terrace, North Shields, NE29 9NE
- Sold Mar 2024£230,000 | 5 Bed House8, Preston Terrace, North Shields, NE29 9NE8, Preston Terrace, North Shields, NE29 9NE
Nearby Streets
Preston Terrace, North Shields, NE29 is the 90th largest and the 505th most expensive street in the NE29 area.
- North View, Preston, North Shields, NE296 Addresses|57 m away
- North Road, North Shields, NE2915 Addresses|59 m away
- Moor Crest Terrace, North Shields, NE296 Addresses|63 m away
- Walton Park, North Shields, NE2951 Addresses|70 m away
- Pennyfine Close, North Shields, NE296 Addresses|97 m away
- Cawthorne Terrace, North Shields, NE298 Addresses|100 m away
Property Types
- 1 period house built between 1800 and 1911
- 8 other addresses of unknown type
- period house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (7)
Schools Nearby
- Whitehouse Primary School800 m away
- King Edward Primary School800 m away
- Preston Grange Primary School800 m away
- John Spence Community High School300 m away
- Marden High School1.2 km away
- Monkseaton High School1.4 km away
More reading links
Public Transport Nearby
The closest station to Preston Terrace, North Shields, NE29 - NE29 9NE is Northumberland Park (Tyne & Wear) station, which is 4.4 kilometres away.
- Northumberland Park (Tyne & Wear)|4.4 km away
- Seaton Delaval|8.1 km away
- Heworth|10.0 km away
