Preston TerraceHouse Prices / North East, North Tyneside
Key Street Insights
Preston Terrace is a residential street with 9 addresses.
It ranks as the 90th largest and 500th most expensive of the 538 streets in the NE29 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 9 properties: 7 houses and 2 flats.
- Houses
- Flats
Key Street Insights
Preston Terrace is a residential street with 9 addresses.
It ranks as the 90th largest and 500th most expensive of the 538 streets in the NE29 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 9 properties: 7 houses and 2 flats.
- Houses
- Flats
House Priceson Preston Terrace
Sale prices range from £133,806 for 2 bedroom leasehold flats (656 ft2) to £365,954 for 5 bedroom freehold houses with a garden (2,271 ft2) .
Monthly rental prices range from £862 pcm for 2 bed flats to £1,835 pcm for 5 bed houses.
The gross rental yield is between 6.0% and 7.7%.
The average value per square foot is £150.
Sales Market Trendson Preston Terrace
The last sale on Preston Terrace sold for £440,000 on 13th December 2024. Since then prices are down an average of 1.1%.
The current average value in the street is £297,655.
The Preston Terrace Sales Market has increased by 34.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.8% | £297,655 |
| May 2025 | 2.3% | £300,024 |
| May 2024 | 2% | £293,152 |
| May 2023 | 7.4% | £287,276 |
| May 2022 | 6.1% | £267,504 |
| May 2021 | 5.6% | £252,081 |
| May 2020 | 2.4% | £238,671 |
| May 2019 | 1.4% | £233,056 |
| May 2018 | 0.7% | £229,778 |
| May 2017 | 3.2% | £228,194 |
| May 2016 | 3.3% | £221,046 |
| May 2015 | 2.6% | £214,031 |
| May 2014 | 2.4% | £208,684 |
| May 2013 | 1.7% | £203,811 |
| May 2012 | -0.6% | £200,363 |
| May 2011 | 0.3% | £201,537 |
| May 2010 | 5.1% | £200,954 |
| May 2009 | -9.8% | £191,211 |
| May 2008 | -0.6% | £211,882 |
| May 2007 | 0% | £213,065 |
Rental Market Trendson Preston Terrace
The current average rental value in the street is £1,609.
The Preston Terrace Rental Market has increased by 41.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.9% | £1,609pcm |
| May 2025 | 1.9% | £1,580pcm |
| May 2024 | 10.3% | £1,550pcm |
| May 2023 | 10.3% | £1,405pcm |
| May 2022 | 7.3% | £1,274pcm |
| May 2021 | 4.8% | £1,187pcm |
| May 2020 | 1.9% | £1,133pcm |
| May 2019 | -0.7% | £1,112pcm |
| May 2018 | -1.3% | £1,120pcm |
| May 2017 | -0.4% | £1,135pcm |
| May 2016 | 0.9% | £1,139pcm |
| May 2015 | 1.1% | £1,129pcm |
| May 2014 | -0.2% | £1,117pcm |
| May 2013 | 1% | £1,119pcm |
| May 2012 | 0.8% | £1,108pcm |
| May 2011 | 2.1% | £1,098pcm |
| May 2010 | 1% | £1,076pcm |
| May 2009 | -5.3% | £1,065pcm |
| May 2008 | 3.9% | £1,125pcm |
| May 2007 | 0% | £1,083pcm |
Properties and Buildingson Preston Terrace, North Shields, NE29
- 2, Preston Terrace, North Shields, NE29 9NE
- 3, Preston Terrace, North Shields, NE29 9NE
- 4, Preston Terrace, North Shields, NE29 9NE
- 5, Preston Terrace, North Shields, NE29 9NE
- 6, Preston Terrace, North Shields, NE29 9NE
- 7, Preston Terrace, North Shields, NE29 building2 units
- 8, Preston Terrace, North Shields, NE29 9NE5 bed period house
- 9, Preston Terrace, North Shields, NE29 9NE
Sales Historyon Preston Terrace, North Shields, NE29
The last sale was on 13th December 2024 for £440,000 and since then the market in the area has decreased by 1.1%. The street has had a total of 6 sales since 1995.
Preston Terrace, North Shields, NE29 has seen 2 sales in the last three years and no sales in the last twelve months.
Top 3 Most Expensive Saleson Preston Terrace, North Shields, NE29
Nearby Streetsto Preston Terrace, North Shields, NE29
Preston Terrace, North Shields, NE29 is the 90th largest and the 500th most expensive street in the NE29 area.
- 57 mNorth View, Preston, North Shields, NE296 Addresses
- 59 mNorth Road, North Shields, NE2915 Addresses
- 63 mMoor Crest Terrace, North Shields, NE296 Addresses
- 70 mWalton Park, North Shields, NE2951 Addresses
- 97 mPennyfine Close, North Shields, NE296 Addresses
- 100 mCawthorne Terrace, North Shields, NE298 Addresses
Postcodeson Preston Terrace, North Shields, NE29
There is 1 postcode on Preston Terrace, North Shields, NE29.
- House prices in NE29 9NE9 Addresses
Property Typesin Preston Terrace
- 1 period house built between 1800 and 1911
- 8 other addresses of unknown type
- period house (1)
- Unknown (8)
Energy Efficiencyof properties on Preston Terrace
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (7)
Schools Nearby
- 800mWhitehouse Primary School
- 800mKing Edward Primary School
- 800mPreston Grange Primary School
- 300mJohn Spence Community High School
- 1.2kmMarden High School
- 1.4kmMonkseaton High School
More reading links
Public Transport Nearby
The closest station to Preston Terrace, North Shields, NE29 is Northumberland Park (Tyne & Wear) station, which is 4.4 kilometres away.
- 4.4kmNorthumberland Park (Tyne & Wear)
- 8.1kmSeaton Delaval
- 10.0kmHeworth
