Be the first Estate
Agent here!
Preston Road is a residential street with 13 addresses.
It ranks as the 140th largest and 391st most expensive of the 538 streets in the NE29 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 13 properties: 3 houses and 10 flats.
Preston Road is a residential street with 13 addresses.
It ranks as the 140th largest and 391st most expensive of the 538 streets in the NE29 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 13 properties: 3 houses and 10 flats.
Sale prices range from £193,749 for 2 bedroom leasehold flats (645 ft2) to £983,829 for 5 bedroom freehold houses with a garden (2,766 ft2) .
Monthly rental prices range from £972 pcm for 2 bed flats to £3,891 pcm for 5 bed houses.
The gross rental yield is between 4.7% and 6.7%.
The average value per square foot is £264.
The last sale on Preston Road sold for £242,500 on 10th April 2026. Since then prices are down an average of 0.5%.
The current average value in the street is £339,604.
The Preston Road Sales Market has increased by 37.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.2% | £339,604 |
| May 2025 | 2.8% | £340,149 |
| May 2024 | 2.1% | £330,759 |
| May 2023 | 7.5% | £324,109 |
| May 2022 | 6.7% | £301,512 |
| May 2021 | 5.6% | £282,534 |
| May 2020 | 2.3% | £267,436 |
| May 2019 | 1.4% | £261,368 |
| May 2018 | 0.8% | £257,701 |
| May 2017 | 3.4% | £255,589 |
| May 2016 | 3.2% | £247,169 |
| May 2015 | 2.7% | £239,577 |
| May 2014 | 3% | £233,235 |
| May 2013 | 1.6% | £226,491 |
| May 2012 | -0.7% | £222,917 |
| May 2011 | 0.4% | £224,422 |
| May 2010 | 5.5% | £223,483 |
| May 2009 | -10.3% | £211,745 |
| May 2008 | -0.7% | £235,992 |
| May 2007 | 0% | £237,763 |
The current average rental value in the street is £1,497.
The Preston Road Rental Market has increased by 44.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.4% | £1,497pcm |
| May 2025 | 2.2% | £1,462pcm |
| May 2024 | 10.4% | £1,430pcm |
| May 2023 | 10.4% | £1,296pcm |
| May 2022 | 7.9% | £1,174pcm |
| May 2021 | 5% | £1,087pcm |
| May 2020 | 1.9% | £1,036pcm |
| May 2019 | -0.6% | £1,016pcm |
| May 2018 | -1.1% | £1,022pcm |
| May 2017 | -0.2% | £1,034pcm |
| May 2016 | 1.2% | £1,036pcm |
| May 2015 | 1.4% | £1,024pcm |
| May 2014 | 0.4% | £1,010pcm |
| May 2013 | 0.9% | £1,006pcm |
| May 2012 | 0.6% | £997pcm |
| May 2011 | 2.3% | £991pcm |
| May 2010 | 1.5% | £968pcm |
| May 2009 | -5.5% | £953pcm |
| May 2008 | 3.9% | £1,009pcm |
| May 2007 | 0% | £971pcm |
The last sale was on 10th April 2026 for £242,500 and since then the market in the area has decreased by 0.5%. The street has had a total of 18 sales since 1995.
Preston Road, North Shields, NE29 has seen 9 sales in the last three years and 5 sales in the last twelve months.
Preston Road, North Shields, NE29 is the 140th largest and the 391st most expensive street in the NE29 area.
There are 3 postcodes on Preston Road, North Shields, NE29.
The closest station to Preston Road, North Shields, NE29 is Northumberland Park (Tyne & Wear) station which is 4.8 kilometres away.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around Preston Road, North Shields, NE29, 41.6% of property is privately rented and 24.7% is socially rented.
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 Preston Road, North Shields, NE29, 8.4% of residents are recorded as possessing school level qualifications and 38.1% 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 Preston Road, North Shields, NE29, the average age was 44 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 Preston Road, North Shields, NE29, 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 Preston Road, North Shields, NE29, 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.