Lake Avenue - NE34 7AY
Key Postcode Insights
NE34 7AY is a residential postcode situated on Lake Avenue, South Shields, NE34 with 53 addresses.
It ranks as the 1260th largest and 702nd most expensive of the 1,348 postcodes in the NE34 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 53 properties: 49 houses and 4 flats.
- Ave. Sale Price
- £163,033
- 10 Year change
- up 28.1%
- Ave. Rental Price
- £972pcm
- 10 Year change
- up 44.5%
- Ave. £ per ft²
- £178/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Postcode Insights
NE34 7AY is a residential postcode situated on Lake Avenue, South Shields, NE34 with 53 addresses.
It ranks as the 1260th largest and 702nd most expensive of the 1,348 postcodes in the NE34 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 53 properties: 49 houses and 4 flats.
- Ave. Sale Price
- £163,033
- 10 Year change
- up 28.1%
- Ave. Rental Price
- £972pcm
- 10 Year change
- up 44.5%
- Ave. £ per ft²
- £178/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Propertiesin NE34 7AY
- 1 Lake Avenue
4 Bed Modern House
- 3 Lake Avenue
4 Bed Modern House
- 5 Lake Avenue
3 Bed Modern House
- 7 Lake Avenue
Unknown
- 9 Lake Avenue
Unknown
Sales Market Trends
The last sale in NE34 7AY sold for £149,000 on 10th October 2025. Since then prices are up an average of 4.6%.
The current average value in the postcode is £163,033.
The NE34 7AY Sales Market has increased by 28.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £163,033 |
| June 2025 | 2.1% | £160,392 |
| June 2024 | 5.4% | £157,090 |
| June 2023 | -2.5% | £149,025 |
| June 2022 | 6.9% | £152,812 |
| June 2021 | 6.9% | £142,911 |
| June 2020 | 3.1% | £133,724 |
| June 2019 | -1% | £129,694 |
| June 2018 | 3.3% | £131,041 |
| June 2017 | -0.4% | £126,824 |
| June 2016 | 0.4% | £127,311 |
| June 2015 | 2.4% | £126,844 |
| June 2014 | 2.5% | £123,910 |
| June 2013 | -0.1% | £120,941 |
| June 2012 | -3.1% | £121,027 |
| June 2011 | -0.2% | £124,890 |
| June 2010 | 2.7% | £125,133 |
| June 2009 | -10.2% | £121,809 |
| June 2008 | -4% | £135,586 |
| June 2007 | 0% | £141,197 |
Rental Market Trends
The current average rental value in the postcode is £972.
The NE34 7AY Rental Market has increased by 44.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £972pcm |
| June 2025 | 2.1% | £941pcm |
| June 2024 | 9.4% | £921pcm |
| June 2023 | 10.6% | £842pcm |
| June 2022 | 9.3% | £761pcm |
| June 2021 | 3.8% | £696pcm |
| June 2020 | 1.3% | £671pcm |
| June 2019 | -0.4% | £662pcm |
| June 2018 | -0.4% | £665pcm |
| June 2017 | -0.7% | £667pcm |
| June 2016 | 1.1% | £672pcm |
| June 2015 | 0.8% | £665pcm |
| June 2014 | 0.7% | £659pcm |
| June 2013 | 0% | £655pcm |
| June 2012 | -0.1% | £654pcm |
| June 2011 | 1.1% | £655pcm |
| June 2010 | 1.7% | £648pcm |
| June 2009 | -5% | £638pcm |
| June 2008 | 3.1% | £671pcm |
| June 2007 | 0% | £651pcm |
Sales History
The last sale was on 10th October 2025 for £149,000 and since then the market in the area has increased by 4.6%. The postcode has had a total of 11 sales since 1995.
NE34 7AY has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£149,000 | 3 Bed House119, Lake Avenue, South Shields, NE34 7AY119, Lake Avenue, South Shields, NE34 7AY
- Sold Jan 2025£150,000 | 3 Bed House109, Lake Avenue, South Shields, NE34 7AY109, Lake Avenue, South Shields, NE34 7AY
- Sold Oct 2024£167,500 | 3 Bed House67B, Lake Avenue, South Shields, NE34 7AY67B, Lake Avenue, South Shields, NE34 7AY
- Sold May 2022£156,995 | 3 Bed House67A, Lake Avenue, South Shields, NE34 7AY67A, Lake Avenue, South Shields, NE34 7AY
- Sold Apr 2022£123,995 | 3 Bed House67C, Lake Avenue, South Shields, NE34 7AY67C, Lake Avenue, South Shields, NE34 7AY
Nearby Postcodes
NE34 7AY is the 1260th largest and the 702nd most expensive postcode out of the 1,348 postcodes in the NE34 area.
- NE34 7AU, Lake Avenue, South Shields, NE34NE34 7AU17 Addresses|60 m away
- NE34 7BG, Prince Edward Road, South Shields, NE34NE34 7BG20 Addresses|63 m away
- NE34 7EY, Green Hill Walk, South Shields, NE34NE34 7EY26 Addresses|100 m away
- NE34 7BU, Farding Lake Court, South Shields, NE34NE34 7BU9 Addresses|111 m away
- NE34 7BJ, Prince Edward Road, South Shields, NE34NE34 7BJ16 Addresses|118 m away
Property Types
- 34 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 2 mid-century flats built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 1 early-century flat built between 1912 and 1935
- 14 other addresses of unknown type
- modern house (34)
- mid-century house (1)
- mid-century flat (2)
- early-century house (1)
- early-century flat (1)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 39 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (4)
- F (0)
- C (29)
- G (0)
- D (6)
- No EPC (14)
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 School1.0 km away
- St Gregory's Catholic Primary School, South Shields1.3 km away
- Sea View Primary School1.4 km away
- Harton Academy1.3 km away
- Mortimer Community College2.6 km away
- St Wilfrid's RC College2.7 km away
More reading links
Public Transport Nearby
The closest station to NE34 7AY is Sunderland station, which is 7.8 kilometres away.
- Sunderland|7.8 km away
- Northumberland Park (Tyne & Wear)|10.6 km away
- Heworth|11.2 km away
- Manors|13.9 km away
