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Colwell Road is a residential street with 2 addresses.
It ranks as the 13th largest and 487th most expensive of the 538 streets in the NE29 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 2 properties: 2 houses.
Colwell Road is a residential street with 2 addresses.
It ranks as the 13th largest and 487th most expensive of the 538 streets in the NE29 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 2 properties: 2 houses.
Sale prices range from £311,892 for 4 bedroom freehold houses with a garden (1,302 ft2) to £311,892 for 4 bedroom freehold houses with a garden (1,302 ft2) .
Monthly rental prices range from £1,476 pcm for 4 bed houses to £1,476 pcm for 4 bed houses.
The gross rental yield is between 5.7% and 5.7%.
The average value per square foot is £240.
The last sale on Colwell Road sold for £297,500 on 2nd February 2024. Since then prices are up an average of 2.9%.
The current average value in the street is £311,892.
The Colwell Road Sales Market has increased by 45.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.9% | £311,892 |
| May 2025 | 2.8% | £314,789 |
| May 2024 | 1.7% | £306,336 |
| May 2023 | 9% | £301,208 |
| May 2022 | 7.8% | £276,219 |
| May 2021 | 7.2% | £256,280 |
| May 2020 | 2.3% | £239,100 |
| May 2019 | 2.1% | £233,711 |
| May 2018 | 2.2% | £228,946 |
| May 2017 | 4.3% | £223,921 |
| May 2016 | 4.1% | £214,633 |
| May 2015 | 3.9% | £206,181 |
| May 2014 | 3.3% | £198,490 |
| May 2013 | 1.8% | £192,175 |
| May 2012 | 0.4% | £188,764 |
| May 2011 | 1.2% | £188,011 |
| May 2010 | 7.7% | £185,749 |
| May 2009 | -7.7% | £172,461 |
| May 2008 | 1.4% | £186,770 |
| May 2007 | 0% | £184,215 |
The current average rental value in the street is £1,476.
The Colwell Road Rental Market has increased by 49.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.5% | £1,476pcm |
| May 2025 | 2.4% | £1,455pcm |
| May 2024 | 9.7% | £1,420pcm |
| May 2023 | 11.8% | £1,295pcm |
| May 2022 | 8.4% | £1,158pcm |
| May 2021 | 5.8% | £1,069pcm |
| May 2020 | 2% | £1,010pcm |
| May 2019 | -0.2% | £990pcm |
| May 2018 | 0% | £992pcm |
| May 2017 | 0.6% | £992pcm |
| May 2016 | 1.7% | £986pcm |
| May 2015 | 2.2% | £970pcm |
| May 2014 | 0.4% | £949pcm |
| May 2013 | 1.5% | £945pcm |
| May 2012 | 1.6% | £931pcm |
| May 2011 | 2.8% | £916pcm |
| May 2010 | 3.9% | £891pcm |
| May 2009 | -3.2% | £858pcm |
| May 2008 | 5.6% | £887pcm |
| May 2007 | 0% | £840pcm |
The last sale was on 2nd February 2024 for £297,500 and since then the market in the area has increased by 2.9%. The street has had a total of 2 sales since 1995.
Colwell Road, North Shields, NE29 has seen 1 sale in the last three years and no sales in the last twelve months.
Colwell Road, North Shields, NE29 is the 13th largest and the 487th most expensive street in the NE29 area.
There is 1 postcode on Colwell Road, North Shields, NE29.
The closest station to Colwell Road, North Shields, NE29 is Northumberland Park (Tyne & Wear) station which is 3.9 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Colwell Road, North Shields, NE29, 51.7% of property is privately owned outright and 44.1% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Colwell Road, North Shields, NE29, 16.5% of residents are recorded as possessing school level qualifications and 33.5% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Colwell Road, North Shields, NE29, the average age was 45.1 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Colwell Road, North Shields, NE29, 1.6% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Colwell Road, North Shields, NE29, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.