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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE33 1LUHouse Prices / North East, South Tyneside, Petrel Close
Last updated May 2026
Key Postcode Insights
NE33 1LU is a residential postcode situated on Petrel Close, South Shields, NE33 with 15 addresses.
It ranks as the 267th largest and 91st most expensive of the 675 postcodes in the NE33 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 15 properties: 1 house and 14 flats.
15
Properties
- Houses
- Flats
Key Postcode Insights
NE33 1LU is a residential postcode situated on Petrel Close, South Shields, NE33 with 15 addresses.
It ranks as the 267th largest and 91st most expensive of the 675 postcodes in the NE33 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 15 properties: 1 house and 14 flats.
15
Properties
- Houses
- Flats
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House Pricesin NE33 1LU
Sale prices range from £70,811 for 2 bedroom Leasehold flats (527 ft2) to £120,612 for 2 bedroom freehold houses with a garden (570 ft2) .
Monthly rental prices range from £479 pcm for 2 bed flats to £764 pcm for 2 bed houses.
The gross rental yield is between 7.6% and 8.1%.
The average value per square foot is £129.
Average Sale Value
£74,131
Average Rental Value
£498 pcm
Average Rental Yield
8.1% /year
Average Value Per Sqft
£129 /ft2
Sales Market Trendsin NE33 1LU
The current average value in the postcode is £74,131.
The NE33 1LU Sales Market has increased by 17.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.4% | £74,131 |
| April 2025 | 2.7% | £73,841 |
| April 2024 | 4% | £71,926 |
| April 2023 | -3.3% | £69,172 |
| April 2022 | 9.2% | £71,505 |
| April 2021 | 3.7% | £65,494 |
| April 2020 | 3.2% | £63,168 |
| April 2019 | -1.3% | £61,223 |
| April 2018 | 0.1% | £62,008 |
| April 2017 | -1.8% | £61,954 |
| April 2016 | 1.1% | £63,117 |
| April 2015 | 1.4% | £62,453 |
| April 2014 | 4% | £61,602 |
| April 2013 | -1% | £59,237 |
| April 2012 | -4.3% | £59,864 |
| April 2011 | -0.5% | £62,556 |
| April 2010 | -1.3% | £62,900 |
| April 2009 | -13.2% | £63,732 |
| April 2008 | -0.1% | £73,390 |
| April 2007 | 0% | £73,437 |
Rental Market Trendsin NE33 1LU
The current average rental value in the postcode is £498.
The NE33 1LU Rental Market has increased by 48.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £498pcm |
| April 2025 | 4% | £482pcm |
| April 2024 | 10.5% | £464pcm |
| April 2023 | 9.8% | £419pcm |
| April 2022 | 8.6% | £382pcm |
| April 2021 | 5.8% | £352pcm |
| April 2020 | 1.5% | £332pcm |
| April 2019 | -1.1% | £327pcm |
| April 2018 | -0.8% | £331pcm |
| April 2017 | -0.3% | £334pcm |
| April 2016 | 1.1% | £335pcm |
| April 2015 | 1.1% | £331pcm |
| April 2014 | -0.1% | £328pcm |
| April 2013 | 1.1% | £328pcm |
| April 2012 | 1.1% | £324pcm |
| April 2011 | 1.5% | £321pcm |
| April 2010 | -2.1% | £316pcm |
| April 2009 | -4.9% | £323pcm |
| April 2008 | 3.5% | £340pcm |
| April 2007 | 0% | £328pcm |
Explore Propertiesin NE33 1LU, Petrel Close, South Shields, NE33
- 1, Petrel Close, South Shields, NE33 1LU2 bed modern flat
- 2, Petrel Close, South Shields, NE33 1LU2 bed modern flat
- 3, Petrel Close, South Shields, NE33 1LU2 bed modern flat
- 4, Petrel Close, South Shields, NE33 1LU2 bed modern flat
- 5, Petrel Close, South Shields, NE33 1LU2 bed modern house
- 6, Petrel Close, South Shields, NE33 1LU2 bed modern flat
- 7, Petrel Close, South Shields, NE33 1LU2 bed modern flat
- 8, Petrel Close, South Shields, NE33 1LU2 bed modern flat
- 9, Petrel Close, South Shields, NE33 1LU2 bed modern flat
- 10, Petrel Close, South Shields, NE33 1LU2 bed mid-century flat
- 11, Petrel Close, South Shields, NE33 1LU2 bed modern flat
- 12, Petrel Close, South Shields, NE33 1LU2 bed modern flat
- 13, Petrel Close, South Shields, NE33 1LU2 bed mid-century flat
- 14, Petrel Close, South Shields, NE33 1LU2 bed modern flat
- 15, Petrel Close, South Shields, NE33 1LU2 bed modern flat
Nearby Postcodesto NE33 1LU
NE33 1LU is the 267th largest and the 91st most expensive postcode out of the 675 postcodes in the NE33 area.
- 73 mNE33 1JY, River Drive, South Shields, NE33NE33 1JY16 Addresses
- 77 mNE33 1LW, Albion Court, South Shields, NE33NE33 1LW19 Addresses
- 79 mNE33 1LL, Wellington Drive, South Shields, NE33NE33 1LL19 Addresses
- 108 mNE33 1TT, Fawcett Way, South Shields, NE33NE33 1TT40 Addresses
- 136 mNE33 1LN, Heron Drive, South Shields, NE33NE33 1LN47 Addresses
- 163 mNE33 1JQ, Captains Wharf, South Shields, NE33NE33 1JQ50 Addresses
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Property Typesin NE33 1LU
- 1 modern house built after 1980
- 12 modern flats built after 1980
- 2 mid-century flats built between 1936 and 1979
- modern house (1)
- modern flat (12)
- mid-century flat (2)
Energy Efficiencyof properties in NE33 1LU
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (15)
- G (0)
- D (0)
- No EPC (0)
Schools Nearbyto NE33 1LU
The nearest primary school to NE33 1LU is Hadrian Primary School which is 411 metres away.
- 411mHadrian Primary School
- 737mMarine Park Primary School
- 917mSt Bede's Catholic Primary School, South Shields
The nearest secondary school is Mortimer Community College which is 2.3 kilometres away.
- 2.3kmMortimer Community College
- 2.4kmNorham High School
- 2.6kmJohn Spence Community High School
More reading links
Public Transport Nearbyto NE33 1LU
The closest station to NE33 1LU is Northumberland Park (Tyne & Wear) station which is 6.4 kilometres away.
- 6.4kmNorthumberland Park (Tyne & Wear)
- 9.4kmHeworth
- 10.5kmSeaton Delaval
- 11.1kmSunderland
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