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Mitre Place is a residential street with 12 addresses.
It ranks as the 103rd largest and 183rd most expensive of the 381 streets in the NE33 area.
The street contains a total of 12 properties: 9 houses and 3 flats.
Mitre Place is a residential street with 12 addresses.
It ranks as the 103rd largest and 183rd most expensive of the 381 streets in the NE33 area.
The street contains a total of 12 properties: 9 houses and 3 flats.
Sale prices range from £71,485 for 2 bedroom leasehold flats with a garden (645 ft2) to £135,771 for 3 bedroom freehold houses with a garden (1,162 ft2) .
Monthly rental prices range from £497 pcm for 2 bed flats to £809 pcm for 3 bed houses.
The gross rental yield is between 7.2% and 8.3%.
The average value per square foot is £234.
The last sale on Mitre Place sold for £16,000 on 7th May 2025. Since then prices are down an average of 0.0%.
The current average value in the street is £104,781.
The Mitre Place Sales Market has increased by 27.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.7% | £104,781 |
| May 2025 | 3% | £104,021 |
| May 2024 | 4.6% | £100,960 |
| May 2023 | -2.6% | £96,520 |
| May 2022 | 9.3% | £99,072 |
| May 2021 | 6.8% | £90,605 |
| May 2020 | 2.6% | £84,804 |
| May 2019 | -0.4% | £82,641 |
| May 2018 | 2.7% | £82,980 |
| May 2017 | -1.4% | £80,792 |
| May 2016 | 0.6% | £81,902 |
| May 2015 | 1.4% | £81,391 |
| May 2014 | 2.8% | £80,241 |
| May 2013 | -0.6% | £78,064 |
| May 2012 | -4.8% | £78,518 |
| May 2011 | -0.4% | £82,506 |
| May 2010 | 0.2% | £82,848 |
| May 2009 | -13.2% | £82,701 |
| May 2008 | -2.3% | £95,319 |
| May 2007 | 0% | £97,578 |
The current average rental value in the street is £656.
The Mitre Place Rental Market has increased by 52.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.4% | £656pcm |
| May 2025 | 3.7% | £634pcm |
| May 2024 | 10.1% | £612pcm |
| May 2023 | 10% | £556pcm |
| May 2022 | 11.2% | £505pcm |
| May 2021 | 5.4% | £454pcm |
| May 2020 | 1.2% | £431pcm |
| May 2019 | -0.4% | £426pcm |
| May 2018 | -0.2% | £428pcm |
| May 2017 | -0.6% | £429pcm |
| May 2016 | 0.9% | £431pcm |
| May 2015 | 0.5% | £427pcm |
| May 2014 | 0.3% | £425pcm |
| May 2013 | 0.1% | £424pcm |
| May 2012 | -0.1% | £423pcm |
| May 2011 | 0.2% | £424pcm |
| May 2010 | -1.3% | £423pcm |
| May 2009 | -6.4% | £428pcm |
| May 2008 | 3.6% | £457pcm |
| May 2007 | 0% | £441pcm |
The last sale was on 7th May 2025 for £16,000 and since then the market in the area has remained stable. The street has had a total of 5 sales since 1995.
Mitre Place, South Shields, NE33 has seen 1 sale in the last three years and no sales in the last twelve months.
Mitre Place, South Shields, NE33 is the 103rd largest and the 183rd most expensive street in the NE33 area.
There is 1 postcode on Mitre Place, South Shields, NE33.
The closest station to Mitre Place, South Shields, NE33 is Northumberland Park (Tyne & Wear) station which is 7.4 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Mitre Place, South Shields, NE33, 44.8% of property is privately rented and 24.1% is privately owned outright.
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 Mitre Place, South Shields, NE33, 13.4% of residents are recorded as possessing school level qualifications and 18.1% 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 Mitre Place, South Shields, NE33, the average age was 42.1 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 Mitre Place, South Shields, NE33, 0.0% 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 Mitre Place, South Shields, NE33, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.