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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE33 5PEHouse Prices / North East, South Tyneside, Reed Street
Last updated May 2026
Key Postcode Insights
NE33 5PE is a residential postcode situated on Reed Street, South Shields, NE33 with 7 addresses.
It ranks as the 148th largest and most expensive of the 675 postcodes in the NE33 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 7 properties: 3 houses and 4 flats.
7
Properties
- Houses
- Flats
Key Postcode Insights
NE33 5PE is a residential postcode situated on Reed Street, South Shields, NE33 with 7 addresses.
It ranks as the 148th largest and most expensive of the 675 postcodes in the NE33 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 7 properties: 3 houses and 4 flats.
7
Properties
- Houses
- Flats
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House Pricesin NE33 5PE
Sale prices range from £23,511 for 2 bedroom leasehold flats with a garden (505 ft2) to £52,759 for 3 bedroom freehold houses with a garden (871 ft2) .
Monthly rental prices range from £178 pcm for 2 bed flats to £321 pcm for 3 bed houses.
The gross rental yield is between 7.3% and 9.1%.
The average value per square foot is £46.
Average Sale Value
£36,439
Average Rental Value
£241 pcm
Average Rental Yield
7.9% /year
Average Value Per Sqft
£46 /ft2
Sales Market Trendsin NE33 5PE
The last sale in NE33 5PE sold for £50,000 on 29th August 2024. Since then prices are down an average of 0.3%.
The current average value in the postcode is £36,439.
The NE33 5PE Sales Market has increased by 17.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.8% | £36,439 |
| April 2025 | 2.4% | £36,162 |
| April 2024 | 4% | £35,308 |
| April 2023 | -4% | £33,961 |
| April 2022 | 10.4% | £35,358 |
| April 2021 | 3.5% | £32,018 |
| April 2020 | 3% | £30,934 |
| April 2019 | -0.8% | £30,038 |
| April 2018 | 0.3% | £30,293 |
| April 2017 | -2.6% | £30,203 |
| April 2016 | 0.5% | £30,996 |
| April 2015 | 0.8% | £30,853 |
| April 2014 | 3.4% | £30,594 |
| April 2013 | -1% | £29,574 |
| April 2012 | -5% | £29,861 |
| April 2011 | -1.5% | £31,428 |
| April 2010 | -2.1% | £31,912 |
| April 2009 | -13.6% | £32,580 |
| April 2008 | 0.4% | £37,703 |
| April 2007 | 0% | £37,568 |
Rental Market Trendsin NE33 5PE
The current average rental value in the postcode is £241.
The NE33 5PE Rental Market has increased by 51.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.8% | £241pcm |
| April 2025 | 3.9% | £233pcm |
| April 2024 | 10.3% | £224pcm |
| April 2023 | 10.2% | £203pcm |
| April 2022 | 9.7% | £184pcm |
| April 2021 | 5.8% | £168pcm |
| April 2020 | 1.3% | £159pcm |
| April 2019 | -0.6% | £156pcm |
| April 2018 | -0.5% | £157pcm |
| April 2017 | -0.5% | £158pcm |
| April 2016 | 0.7% | £159pcm |
| April 2015 | 0.6% | £158pcm |
| April 2014 | -0.7% | £157pcm |
| April 2013 | 1.4% | £158pcm |
| April 2012 | 0.7% | £156pcm |
| April 2011 | 0.6% | £155pcm |
| April 2010 | -2.7% | £154pcm |
| April 2009 | -5.2% | £158pcm |
| April 2008 | 3.9% | £167pcm |
| April 2007 | 0% | £160pcm |
Explore Propertiesin NE33 5PE, Reed Street, South Shields, NE33
- 30, Reed Street, South Shields, NE33 5PE
- 33, Reed Street, South Shields, NE33 5PE2 bed period flat
- 34, Reed Street, South Shields, NE33 5PE
- 35, Reed Street, South Shields, NE33 5PE
- 36, Reed Street, South Shields, NE33 5PE2 bed period flat
- 37, Reed Street, South Shields, NE33 5PE3 bed period house
- 39, Reed Street, South Shields, NE33 5PE2 bed period flat
Sales Historyin NE33 5PE
The last sale was on 29th August 2024 for £50,000 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 6 sales since 1995.
NE33 5PE has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Aug 2024£50,000 | 3 Bed HouseReed Street37, Reed Street, South Shields, NE33 5PE
Sold Nov 2005£68,500 | 3 Bed HouseReed Street37, Reed Street, South Shields, NE33 5PE
Sold Jul 2004£57,000 | 3 Bed HouseReed Street35, Reed Street, South Shields, NE33 5PE
Sold Dec 2002£45,000 | 3 Bed HouseReed Street37, Reed Street, South Shields, NE33 5PE
Sold Feb 2001£13,500 | 3 Bed HouseReed Street37, Reed Street, South Shields, NE33 5PE
Sold Jul 1997£13,000 | 3 Bed HouseReed Street37, Reed Street, South Shields, NE33 5PE
Nearby Postcodesto NE33 5PE
NE33 5PE is the 148th largest and the most expensive postcode out of the 675 postcodes in the NE33 area.
- 55 mNE33 5PT, Reed Street, South Shields, NE33NE33 5PT12 Addresses
- 63 mNE33 5PD, Marshall Wallis Road, South Shields, NE33NE33 5PD52 Addresses
- 71 mNE33 5PS, Eglesfield Road, South Shields, NE33NE33 5PS71 Addresses
- 75 mNE33 5PR, Marshall Wallis Road, South Shields, NE33NE33 5PR67 Addresses
- 76 mNE33 5PU, Eglesfield Road, South Shields, NE33NE33 5PU65 Addresses
- 97 mNE33 5QB, Dacre Street, South Shields, NE33NE33 5QB20 Addresses
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Property Typesin NE33 5PE
- 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 Efficiencyof properties in NE33 5PE
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (3)
- No EPC (2)
Schools Nearbyto NE33 5PE
The nearest primary school to NE33 5PE is Laygate Community School which is 221 metres away.
- 221mLaygate Community School
- 827mSt Bede's Catholic Primary School, South Shields
- 882mStanhope Primary School
The nearest secondary school is Mortimer Community College which is 802 metres away.
- 802mMortimer Community College
- 1.3kmSt Wilfrid's RC College
- 2.1kmHarton Academy
More reading links
Public Transport Nearbyto NE33 5PE
The closest station to NE33 5PE is Northumberland Park (Tyne & Wear) station which is 7.5 kilometres away.
- 7.5kmNorthumberland Park (Tyne & Wear)
- 8.6kmHeworth
- 9.6kmSunderland
- 10.9kmManors
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