Lake Avenue - NE34 7AX
Key Postcode Insights
NE34 7AX is a residential postcode situated on Lake Avenue, South Shields, NE34 with 29 addresses.
It ranks as the 959th largest and 723rd most expensive of the 1,348 postcodes in the NE34 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 29 properties: 29 houses.
- Ave. Sale Price
- £186,338
- 10 Year change
- up 34.6%
- Ave. Rental Price
- £1,033pcm
- 10 Year change
- up 52.0%
- Ave. £ per ft²
- £225/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
NE34 7AX is a residential postcode situated on Lake Avenue, South Shields, NE34 with 29 addresses.
It ranks as the 959th largest and 723rd most expensive of the 1,348 postcodes in the NE34 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 29 properties: 29 houses.
- Ave. Sale Price
- £186,338
- 10 Year change
- up 34.6%
- Ave. Rental Price
- £1,033pcm
- 10 Year change
- up 52.0%
- Ave. £ per ft²
- £225/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin NE34 7AX
- 56 Lake Avenue
Unknown
- 58 Lake Avenue
3 Bed Mid-century House
- 60 Lake Avenue
3 Bed Early-century House
- 62 Lake Avenue
3 Bed Mid-century House
- 64 Lake Avenue
3 Bed Early-century House
Sales Market Trends
The last sale in NE34 7AX sold for £199,999 on 23rd October 2023. Since then prices are up an average of 11.3%.
The current average value in the postcode is £186,338.
The NE34 7AX Sales Market has increased by 34.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £186,338 |
| June 2025 | 2.7% | £183,324 |
| June 2024 | 5.1% | £178,566 |
| June 2023 | -1.9% | £169,879 |
| June 2022 | 8% | £173,201 |
| June 2021 | 7.9% | £160,428 |
| June 2020 | 3.2% | £148,659 |
| June 2019 | -0.4% | £144,040 |
| June 2018 | 4.1% | £144,640 |
| June 2017 | 0.4% | £138,966 |
| June 2016 | 0.8% | £138,400 |
| June 2015 | 3% | £137,245 |
| June 2014 | 3% | £133,184 |
| June 2013 | 0.3% | £129,366 |
| June 2012 | -2.6% | £128,987 |
| June 2011 | 0% | £132,493 |
| June 2010 | 4.2% | £132,447 |
| June 2009 | -9.6% | £127,084 |
| June 2008 | -3.1% | £140,557 |
| June 2007 | 0% | £144,994 |
Rental Market Trends
The current average rental value in the postcode is £1,033.
The NE34 7AX Rental Market has increased by 52.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,033pcm |
| June 2025 | 2.7% | £1,000pcm |
| June 2024 | 9.1% | £974pcm |
| June 2023 | 11.2% | £893pcm |
| June 2022 | 10.4% | £803pcm |
| June 2021 | 4.8% | £727pcm |
| June 2020 | 1.4% | £694pcm |
| June 2019 | 0.2% | £684pcm |
| June 2018 | 0.3% | £682pcm |
| June 2017 | 0.1% | £680pcm |
| June 2016 | 1.6% | £680pcm |
| June 2015 | 1.5% | £669pcm |
| June 2014 | 1.2% | £659pcm |
| June 2013 | 0.4% | £651pcm |
| June 2012 | 0.3% | £649pcm |
| June 2011 | 1.3% | £647pcm |
| June 2010 | 3.1% | £638pcm |
| June 2009 | -4.3% | £619pcm |
| June 2008 | 4.1% | £647pcm |
| June 2007 | 0% | £621pcm |
Sales History
The last sale was on 23rd October 2023 for £199,999 and since then the market in the area has increased by 11.3%. The postcode has had a total of 3 sales since 1995.
NE34 7AX has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Oct 2023£199,999 | 3 Bed House100, Lake Avenue, South Shields, NE34 7AX100, Lake Avenue, South Shields, NE34 7AX
- Sold Mar 2022£175,000 | 3 Bed House110, Lake Avenue, South Shields, NE34 7AX110, Lake Avenue, South Shields, NE34 7AX
- Sold Apr 2013£129,000 | 3 Bed House100, Lake Avenue, South Shields, NE34 7AX100, Lake Avenue, South Shields, NE34 7AX
Nearby Postcodes
NE34 7AX is the 959th largest and the 723rd most expensive postcode out of the 1,348 postcodes in the NE34 area.
- NE34 7BU, Farding Lake Court, South Shields, NE34NE34 7BU9 Addresses|88 m away
- NE34 7HA, Lakeside, South Shields, NE34NE34 7HA23 Addresses|89 m away
- NE34 7EZ, Cliffside, South Shields, NE34NE34 7EZ14 Addresses|108 m away
- NE34 7BT, Farding Lake Court, South Shields, NE34NE34 7BT24 Addresses|125 m away
- NE34 7EY, Green Hill Walk, South Shields, NE34NE34 7EY26 Addresses|127 m away
Property Types
- 4 modern houses built after 1980
- 6 mid-century houses built between 1936 and 1979
- 17 early-century houses built between 1912 and 1935
- 2 other addresses of unknown type
- modern house (4)
- mid-century house (6)
- early-century house (17)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 27 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (22)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Oct 2023£199,999 | 3 Bed House100, Lake Avenue, South Shields, NE34 7AX100, Lake Avenue, South Shields, NE34 7AX
- Sold Mar 2022£175,000 | 3 Bed House110, Lake Avenue, South Shields, NE34 7AX110, Lake Avenue, South Shields, NE34 7AX
- Sold Feb 2024£169,950 | 3 Bed House8, Lake Avenue, South Shields, NE34 7AU8, Lake Avenue, South Shields, NE34 7AU
Schools Nearby
- Harton Primary School1.2 km away
- St Gregory's Catholic Primary School, South Shields1.5 km away
- Sea View Primary School1.6 km away
- Harton Academy1.5 km away
- Whitburn Church of England Academy2.8 km away
- Mortimer Community College2.8 km away
More reading links
Public Transport Nearby
The closest station to NE34 7AX is Sunderland station, which is 7.8 kilometres away.
- Sunderland|7.8 km away
- Northumberland Park (Tyne & Wear)|10.8 km away
- Heworth|11.3 km away
- Manors|14.1 km away
