Reed Street - NE33 5PE
Key Postcode Insights
NE33 5PE is a residential postcode situated on Reed Street, South Shields, NE33 with 7 addresses.
It ranks as the 149th largest and most expensive of the 675 postcodes in the NE33 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 7 properties: 1 house, 3 flats and 3 other properties.
- Ave. Sale Price
- £37,480
- 10 Year change
- up 20.7%
- Ave. Rental Price
- £250pcm
- 10 Year change
- up 52.8%
- Ave. £ per ft²
- £49/ft²
- Ave. Gross Yield
- 8.0%/year/yr
Key Postcode Insights
NE33 5PE is a residential postcode situated on Reed Street, South Shields, NE33 with 7 addresses.
It ranks as the 149th largest and most expensive of the 675 postcodes in the NE33 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 7 properties: 1 house, 3 flats and 3 other properties.
- Ave. Sale Price
- £37,480
- 10 Year change
- up 20.7%
- Ave. Rental Price
- £250pcm
- 10 Year change
- up 52.8%
- Ave. £ per ft²
- £49/ft²
- Ave. Gross Yield
- 8.0%/year/yr
Explore Properties in NE33 5PE
- 30 Reed Street
House
- 33 Reed Street
2 Bed Period Flat
- 34 Reed Street
Flat
- 35 Reed Street
House
- 36 Reed Street
2 Bed Period Flat
Sales Market Trends
The last sale in NE33 5PE sold for £50,000 on 29th August 2024. Since then prices are up an average of 1.7%.
The current average value in the postcode is £37,480.
The NE33 5PE Sales Market has increased by 20.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.7% | £37,480 |
| June 2025 | 1.6% | £36,861 |
| June 2024 | 6.5% | £36,266 |
| June 2023 | -5.4% | £34,065 |
| June 2022 | 10% | £36,010 |
| June 2021 | 4.6% | £32,745 |
| June 2020 | 3.1% | £31,291 |
| June 2019 | -1.6% | £30,360 |
| June 2018 | 2.4% | £30,852 |
| June 2017 | -3% | £30,124 |
| June 2016 | -0.1% | £31,059 |
| June 2015 | 1.4% | £31,105 |
| June 2014 | 2.1% | £30,670 |
| June 2013 | -1.8% | £30,045 |
| June 2012 | -5% | £30,602 |
| June 2011 | 0.4% | £32,202 |
| June 2010 | -1.6% | £32,064 |
| June 2009 | -11.8% | £32,596 |
| June 2008 | -3.3% | £36,957 |
| June 2007 | 0% | £38,232 |
Rental Market Trends
The current average rental value in the postcode is £250.
The NE33 5PE Rental Market has increased by 52.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £250pcm |
| June 2025 | 3.5% | £242pcm |
| June 2024 | 10.6% | £233pcm |
| June 2023 | 10% | £211pcm |
| June 2022 | 10.1% | £192pcm |
| June 2021 | 6% | £174pcm |
| June 2020 | 2.5% | £165pcm |
| June 2019 | -0.8% | £160pcm |
| June 2018 | -0.6% | £162pcm |
| June 2017 | -0.3% | £163pcm |
| June 2016 | 0.5% | £163pcm |
| June 2015 | 0.5% | £163pcm |
| June 2014 | -0.2% | £162pcm |
| June 2013 | 0.7% | £162pcm |
| June 2012 | 0.4% | £161pcm |
| June 2011 | 0.8% | £160pcm |
| June 2010 | -0.4% | £159pcm |
| June 2009 | -6.7% | £160pcm |
| June 2008 | 3.8% | £171pcm |
| June 2007 | 0% | £165pcm |
Sales History
The last recorded sale was on 29th August 2024 for £50,000 and since then the market in the area has increased by 1.7%.
NE33 5PE has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Aug 2024£50,000 | 3 Bed House37, Reed Street, South Shields, NE33 5PE37, Reed Street, South Shields, NE33 5PE
- Sold Nov 2005£68,500 | 3 Bed House37, Reed Street, South Shields, NE33 5PE37, Reed Street, South Shields, NE33 5PE
- Sold Jul 2004£57,000 | 3 Bed House35, Reed Street, South Shields, NE33 5PE35, Reed Street, South Shields, NE33 5PE
Nearby Postcodes
NE33 5PE is the 149th largest and the most expensive postcode out of the 675 postcodes in the NE33 area.
- NE33 5PT, Reed Street, South Shields, NE33NE33 5PT12 Addresses|55 m away
- NE33 5PD, Marshall Wallis Road, South Shields, NE33NE33 5PD52 Addresses|63 m away
- NE33 5PS, Eglesfield Road, South Shields, NE33NE33 5PS71 Addresses|71 m away
- NE33 5PR, Marshall Wallis Road, South Shields, NE33NE33 5PR67 Addresses|75 m away
- NE33 5PU, Eglesfield Road, South Shields, NE33NE33 5PU65 Addresses|76 m away
Property Types
- 1 period house built between 1800 and 1911
- 3 period flats built between 1800 and 1911
- 3 other addresses of unknown type
- period house (1)
- period flat (3)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (3)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Nov 2005£68,500 | 3 Bed House37, Reed Street, South Shields, NE33 5PE37, Reed Street, South Shields, NE33 5PE
- Sold Dec 2005£59,000 | 2 Bed House41, Reed Street, South Shields, NE33 5PT41, Reed Street, South Shields, NE33 5PT
- Sold Jul 2004£57,000 | 3 Bed House35, Reed Street, South Shields, NE33 5PE35, Reed Street, South Shields, NE33 5PE
Schools Nearby
- Laygate Community School200 m away
- St Bede's Catholic Primary School, South Shields800 m away
- Stanhope Primary School900 m away
- Mortimer Community College800 m away
- St Wilfrid's RC College1.3 km away
- Harton Academy2.1 km away
More reading links
Public Transport Nearby
The closest station to NE33 5PE is Northumberland Park (Tyne & Wear) station, which is 7.5 kilometres away.
- Northumberland Park (Tyne & Wear)|7.5 km away
- Heworth|8.6 km away
- Sunderland|9.6 km away
- Manors|10.9 km away
