Basil Way - NE34 8UE
Key Postcode Insights
NE34 8UE is a residential postcode situated on Basil Way, South Shields, NE34 with 4 addresses.
It ranks as the 103rd largest and 910th most expensive of the 1,348 postcodes in the NE34 area.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £194,248
- 10 Year change
- up 38.1%
- Ave. Rental Price
- £1,077pcm
- 10 Year change
- up 46.6%
- Ave. £ per ft²
- £194/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
NE34 8UE is a residential postcode situated on Basil Way, South Shields, NE34 with 4 addresses.
It ranks as the 103rd largest and 910th most expensive of the 1,348 postcodes in the NE34 area.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £194,248
- 10 Year change
- up 38.1%
- Ave. Rental Price
- £1,077pcm
- 10 Year change
- up 46.6%
- Ave. £ per ft²
- £194/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin NE34 8UE
Sales Market Trends
The last sale in NE34 8UE sold for £60,000 on 30th August 2001. Since then prices are down an average of 0.0%.
The current average value in the postcode is £194,248.
The NE34 8UE Sales Market has increased by 38.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £194,248 |
| June 2025 | 2.8% | £190,513 |
| June 2024 | 5.5% | £185,365 |
| June 2023 | -2.4% | £175,698 |
| June 2022 | 6.6% | £179,935 |
| June 2021 | 9.9% | £168,867 |
| June 2020 | 3.1% | £153,666 |
| June 2019 | -0.8% | £149,034 |
| June 2018 | 5.5% | £150,180 |
| June 2017 | 1.2% | £142,376 |
| June 2016 | 0.3% | £140,640 |
| June 2015 | 3.3% | £140,270 |
| June 2014 | 3.2% | £135,815 |
| June 2013 | 0.8% | £131,582 |
| June 2012 | -2% | £130,582 |
| June 2011 | -1% | £133,309 |
| June 2010 | 5.8% | £134,641 |
| June 2009 | -9.2% | £127,270 |
| June 2008 | -4.1% | £140,168 |
| June 2007 | 0% | £146,102 |
Rental Market Trends
The current average rental value in the postcode is £1,077.
The NE34 8UE Rental Market has increased by 46.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,077pcm |
| June 2025 | 1.6% | £1,038pcm |
| June 2024 | 8.2% | £1,022pcm |
| June 2023 | 11.4% | £945pcm |
| June 2022 | 11% | £848pcm |
| June 2021 | 3.3% | £763pcm |
| June 2020 | -0.2% | £739pcm |
| June 2019 | 0.5% | £741pcm |
| June 2018 | 0.6% | £737pcm |
| June 2017 | -0.4% | £732pcm |
| June 2016 | 1.7% | £735pcm |
| June 2015 | 1.3% | £722pcm |
| June 2014 | 2.1% | £713pcm |
| June 2013 | -0.8% | £698pcm |
| June 2012 | -0.3% | £704pcm |
| June 2011 | 0.6% | £706pcm |
| June 2010 | 3.5% | £702pcm |
| June 2009 | -3.5% | £678pcm |
| June 2008 | 3.4% | £703pcm |
| June 2007 | 0% | £680pcm |
Sales History
The last sale was on 30th August 2001 for £60,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sale since 1995.
NE34 8UE has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
NE34 8UE is the 103rd largest and the 910th most expensive postcode out of the 1,348 postcodes in the NE34 area.
- NE34 8UF, Basil Way, South Shields, NE34NE34 8UF19 Addresses|57 m away
- NE34 8UD, Basil Way, South Shields, NE34NE34 8UD13 Addresses|57 m away
- NE34 8TG, Fennel Grove, South Shields, NE34NE34 8TG5 Addresses|64 m away
- NE34 8TQ, Fennel Grove, South Shields, NE34NE34 8TQ21 Addresses|72 m away
- NE34 8TF, Fennel Grove, South Shields, NE34NE34 8TF14 Addresses|79 m away
Property Types
- 4 other addresses of unknown type
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Jan 2024£305,000 | 3 Bed House17, Basil Way, South Shields, NE34 8UA17, Basil Way, South Shields, NE34 8UA
- Sold Mar 2006£235,000 | 3 Bed House13, Basil Way, South Shields, NE34 8UA13, Basil Way, South Shields, NE34 8UA
- Sold Jun 2021£222,000 | 3 Bed House20, Basil Way, South Shields, NE34 8UB20, Basil Way, South Shields, NE34 8UB
Schools Nearby
- St Oswald's Catholic Primary School, South Shields500 m away
- Forest View Primary900 m away
- Ridgeway Primary Academy900 m away
- St Wilfrid's RC College1.6 km away
- Harton Academy1.8 km away
- Boldon School2.1 km away
More reading links
Public Transport Nearby
The closest station to NE34 8UE is Sunderland station, which is 6.7 kilometres away.
- Sunderland|6.7 km away
- Heworth|8.7 km away
- Northumberland Park (Tyne & Wear)|10.2 km away
- Manors|11.8 km away