Preston Gate - NE29 9QB
Key Street Insights
Preston Gate is a residential street with 27 addresses.
It ranks as the 285th largest and 30th most expensive of the 538 streets in the NE29 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 27 properties: 10 houses and 17 flats.
- Ave. Sale Price
- £107,837
- 10 Year change
- up 44.8%
- Ave. Rental Price
- £738pcm
- 10 Year change
- up 48.4%
- Ave. £ per ft²
- £174/ft²
- Ave. Gross Yield
- 8.2%/year/yr
Key Street Insights
Preston Gate is a residential street with 27 addresses.
It ranks as the 285th largest and 30th most expensive of the 538 streets in the NE29 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 27 properties: 10 houses and 17 flats.
- Ave. Sale Price
- £107,837
- 10 Year change
- up 44.8%
- Ave. Rental Price
- £738pcm
- 10 Year change
- up 48.4%
- Ave. £ per ft²
- £174/ft²
- Ave. Gross Yield
- 8.2%/year/yr
Explore Propertieson Preston Gate, North Shields, NE29
- St. Hildas Vicarage
4 Bed Mid-century House
- 1 Preston Gate
2 Bed Mid-century House
- 2 Preston Gate
2 Bed Mid-century House
- 3 Preston Gate
2 Bed Mid-century House
- 4 Preston Gate
2 Bed Mid-century House
Sales Market Trends
The last sale on Preston Gate sold for £72,000 on 31st October 2025. Since then prices are up an average of 0.9%.
The current average value in the street is £107,837.
The Preston Gate Sales Market has increased by 44.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £107,837 |
| June 2025 | 3.1% | £105,752 |
| June 2024 | 2.9% | £102,549 |
| June 2023 | 5.7% | £99,680 |
| June 2022 | 8.7% | £94,323 |
| June 2021 | 7.6% | £86,803 |
| June 2020 | 2.6% | £80,695 |
| June 2019 | 1.5% | £78,626 |
| June 2018 | 0.7% | £77,430 |
| June 2017 | 3.3% | £76,890 |
| June 2016 | 4.5% | £74,451 |
| June 2015 | 2.7% | £71,273 |
| June 2014 | 2.5% | £69,423 |
| June 2013 | 1% | £67,758 |
| June 2012 | -0.1% | £67,096 |
| June 2011 | -0.8% | £67,185 |
| June 2010 | 3.7% | £67,713 |
| June 2009 | -9% | £65,314 |
| June 2008 | -1.3% | £71,790 |
| June 2007 | 0% | £72,741 |
Rental Market Trends
The current average rental value in the street is £738.
The Preston Gate Rental Market has increased by 48.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £738pcm |
| June 2025 | 3.2% | £720pcm |
| June 2024 | 10.6% | £697pcm |
| June 2023 | 9.7% | £630pcm |
| June 2022 | 9.3% | £575pcm |
| June 2021 | 5.7% | £526pcm |
| June 2020 | 2.5% | £498pcm |
| June 2019 | -1% | £486pcm |
| June 2018 | -0.8% | £491pcm |
| June 2017 | -0.6% | £494pcm |
| June 2016 | 0.9% | £497pcm |
| June 2015 | 1% | £493pcm |
| June 2014 | -0.3% | £488pcm |
| June 2013 | 0.7% | £490pcm |
| June 2012 | 0.5% | £486pcm |
| June 2011 | 1.2% | £484pcm |
| June 2010 | 0.1% | £478pcm |
| June 2009 | -6.5% | £478pcm |
| June 2008 | 3.6% | £511pcm |
| June 2007 | 0% | £493pcm |
Sales History
The last sale was on 31st October 2025 for £72,000 and since then the market in the area has increased by 0.9%. The street has had a total of 61 sales since 1995.
Preston Gate, North Shields, NE29 has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£72,000 | 2 Bed Flat6, Preston Gate, North Shields, NE29 9QB6, Preston Gate, North Shields, NE29 9QB
- Sold Apr 2025£80,000 | 2 Bed Flat9, Preston Gate, North Shields, NE29 9QB9, Preston Gate, North Shields, NE29 9QB
- Sold Dec 2023£78,000 | 2 Bed Flat13, Preston Gate, North Shields, NE29 9QB13, Preston Gate, North Shields, NE29 9QB
- Sold Apr 2023£72,000 | 2 Bed Flat20, Preston Gate, North Shields, NE29 9QB20, Preston Gate, North Shields, NE29 9QB
- Sold Dec 2022£128,000 | 2 Bed House22, Preston Gate, North Shields, NE29 9QB22, Preston Gate, North Shields, NE29 9QB
Top 3 Most Expensive Sales
- Sold Dec 2022£128,000 | 2 Bed House22, Preston Gate, North Shields, NE29 9QB22, Preston Gate, North Shields, NE29 9QB
- Sold Jul 2020£122,000 | 2 Bed House22, Preston Gate, North Shields, NE29 9QB22, Preston Gate, North Shields, NE29 9QB
- Sold Aug 2006£106,500 | 2 Bed House22, Preston Gate, North Shields, NE29 9QB22, Preston Gate, North Shields, NE29 9QB
Nearby Streets
Preston Gate, North Shields, NE29 is the 285th largest and the 30th most expensive street in the NE29 area.
- Brabourne Gardens, North Shields, NE2950 Addresses|94 m away
- Bishopbourne Court, North Shields, NE2923 Addresses|130 m away
- Beachborough Close, North Shields, NE2927 Addresses|161 m away
- Newington Drive, North Shields, NE2960 Addresses|165 m away
- Mendip Close, North Shields, NE2918 Addresses|222 m away
- Ashford Close, North Shields, NE2910 Addresses|243 m away
Property Types
- 8 mid-century houses built between 1936 and 1979
- 15 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 2 flats of an unknown age
- 1 other address of unknown type
- mid-century house (8)
- mid-century flat (15)
- house (1)
- flat (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 23 properties.
- The most common rating is E.
- A (0)
- E (13)
- B (0)
- F (2)
- C (1)
- G (0)
- D (7)
- No EPC (4)
Schools Nearby
- Preston Grange Primary School400 m away
- St Mary's Catholic Primary School, Cullercoats700 m away
- Monkhouse Primary School800 m away
- John Spence Community High School600 m away
- Monkseaton High School700 m away
- Marden High School900 m away
More reading links
Public Transport Nearby
The closest station to Preston Gate, North Shields, NE29 - NE29 9QB is Northumberland Park (Tyne & Wear) station, which is 4.1 kilometres away.
- Northumberland Park (Tyne & Wear)|4.1 km away
- Seaton Delaval|7.5 km away
- Newsham|9.6 km away
