Reed Street - NE33 5PT
Key Postcode Insights
NE33 5PT is a residential postcode situated on Reed Street, South Shields, NE33 with 12 addresses.
It ranks as the 234th largest and 95th 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 12 properties: 3 houses, 5 flats and 4 other properties.
- Ave. Sale Price
- £83,155
- 10 Year change
- up 18.6%
- Ave. Rental Price
- £530pcm
- 10 Year change
- up 50.2%
- Ave. £ per ft²
- £117/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Key Postcode Insights
NE33 5PT is a residential postcode situated on Reed Street, South Shields, NE33 with 12 addresses.
It ranks as the 234th largest and 95th 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 12 properties: 3 houses, 5 flats and 4 other properties.
- Ave. Sale Price
- £83,155
- 10 Year change
- up 18.6%
- Ave. Rental Price
- £530pcm
- 10 Year change
- up 50.2%
- Ave. £ per ft²
- £117/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Explore Properties in NE33 5PT
- 38 Reed Street
Building  |  2 Flats
- 40 Reed Street
3 Bed Mid-century House
- 41 Reed Street
House
- 43 Reed Street
2 Bed Period House
- 45 Reed Street
3 Bed Period House
Sales Market Trends
The last sale in NE33 5PT sold for £55,000 on 23rd August 2024. Since then prices are up an average of 2.1%.
The current average value in the postcode is £83,155.
The NE33 5PT Sales Market has increased by 18.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £83,155 |
| June 2025 | 1.5% | £81,870 |
| June 2024 | 6.5% | £80,632 |
| June 2023 | -5.7% | £75,694 |
| June 2022 | 9.6% | £80,228 |
| June 2021 | 4.3% | £73,194 |
| June 2020 | 3% | £70,143 |
| June 2019 | -1.7% | £68,074 |
| June 2018 | 2.1% | £69,263 |
| June 2017 | -3.3% | £67,829 |
| June 2016 | -0.2% | £70,113 |
| June 2015 | 1.3% | £70,252 |
| June 2014 | 1.9% | £69,336 |
| June 2013 | -1.9% | £68,014 |
| June 2012 | -5% | £69,309 |
| June 2011 | 0.5% | £72,983 |
| June 2010 | -1.9% | £72,655 |
| June 2009 | -11.9% | £74,086 |
| June 2008 | -3.5% | £84,088 |
| June 2007 | 0% | £87,115 |
Rental Market Trends
The current average rental value in the postcode is £530.
The NE33 5PT Rental Market has increased by 50.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £530pcm |
| June 2025 | 3.4% | £514pcm |
| June 2024 | 10.7% | £497pcm |
| June 2023 | 9.7% | £449pcm |
| June 2022 | 9.7% | £409pcm |
| June 2021 | 5.6% | £373pcm |
| June 2020 | 2.5% | £353pcm |
| June 2019 | -0.9% | £344pcm |
| June 2018 | -0.9% | £348pcm |
| June 2017 | -0.6% | £351pcm |
| June 2016 | 0.4% | £353pcm |
| June 2015 | 0.4% | £351pcm |
| June 2014 | -0.3% | £350pcm |
| June 2013 | 0.6% | £351pcm |
| June 2012 | 0.3% | £349pcm |
| June 2011 | 0.8% | £348pcm |
| June 2010 | -0.7% | £345pcm |
| June 2009 | -6.8% | £347pcm |
| June 2008 | 3.7% | £373pcm |
| June 2007 | 0% | £359pcm |
Sales History
The last recorded sale was on 23rd August 2024 for £55,000 and since then the market in the area has increased by 2.1%.
NE33 5PT has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Aug 2024£55,000 | 2 Bed Flat53, Reed Street, South Shields, NE33 5PT53, Reed Street, South Shields, NE33 5PT
- Sold Dec 2005£59,000 | 2 Bed House41, Reed Street, South Shields, NE33 5PT41, Reed Street, South Shields, NE33 5PT
- Sold Sep 2002£25,500 | 2 Bed Flat57, Reed Street, South Shields, NE33 5PT57, Reed Street, South Shields, NE33 5PT
Nearby Postcodes
NE33 5PT is the 234th largest and the 95th most expensive postcode out of the 675 postcodes in the NE33 area.
- NE33 5QB, Dacre Street, South Shields, NE33NE33 5QB20 Addresses|54 m away
- NE33 5PE, Reed Street, South Shields, NE33NE33 5PE7 Addresses|55 m away
- NE33 5QD, Dacre Street, South Shields, NE33NE33 5QD51 Addresses|68 m away
- NE33 5PZ, Dean Road, South Shields, NE33NE33 5PZ12 Addresses|74 m away
- NE33 5PU, Eglesfield Road, South Shields, NE33NE33 5PU65 Addresses|76 m away
Property Types
- 2 period houses built between 1800 and 1911
- 3 period flats built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 2 mid-century flats built between 1936 and 1979
- 4 other addresses of unknown type
- period house (2)
- period flat (3)
- mid-century house (1)
- mid-century flat (2)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (7)
- No EPC (3)
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
- Mortimer Primary School900 m away
- Mortimer Community College700 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 5PT is Northumberland Park (Tyne & Wear) station, which is 7.6 kilometres away.
- Northumberland Park (Tyne & Wear)|7.6 km away
- Heworth|8.7 km away
- Sunderland|9.6 km away
- Manors|11.0 km away
