Preston TowersHouse Prices / North East, North Tyneside
Key Street Insights
Preston Towers is a residential street with 9 addresses.
It ranks as the 91st largest and 314th most expensive of the 538 streets in the NE29 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 9 properties: 3 houses and 6 flats.
- Houses
- Flats
Key Street Insights
Preston Towers is a residential street with 9 addresses.
It ranks as the 91st largest and 314th most expensive of the 538 streets in the NE29 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 9 properties: 3 houses and 6 flats.
- Houses
- Flats
House Priceson Preston Towers
Sale prices range from £176,620 for 2 bedroom leasehold flats (602 ft2) to £339,671 for 3 bedroom freehold houses with a garden (936 ft2) .
Monthly rental prices range from £931 pcm for 2 bed flats to £1,494 pcm for 3 bed houses.
The gross rental yield is between 5.3% and 7.1%.
The average value per square foot is £274.
Sales Market Trendson Preston Towers
The last sale on Preston Towers sold for £165,000 on 31st October 2025. Since then prices are down an average of 0.1%.
The current average value in the street is £200,962.
The Preston Towers Sales Market has increased by 36.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.5% | £200,962 |
| May 2025 | 2.2% | £202,040 |
| May 2024 | 2.1% | £197,620 |
| May 2023 | 7.7% | £193,492 |
| May 2022 | 6.3% | £179,589 |
| May 2021 | 5.5% | £168,958 |
| May 2020 | 2.5% | £160,092 |
| May 2019 | 1.4% | £156,175 |
| May 2018 | 0.9% | £153,985 |
| May 2017 | 3.5% | £152,656 |
| May 2016 | 3.9% | £147,509 |
| May 2015 | 2.9% | £141,929 |
| May 2014 | 3% | £137,932 |
| May 2013 | 1.5% | £133,860 |
| May 2012 | -0.7% | £131,861 |
| May 2011 | 0.8% | £132,751 |
| May 2010 | 6.7% | £131,660 |
| May 2009 | -9.2% | £123,400 |
| May 2008 | -0.3% | £135,833 |
| May 2007 | 0% | £136,220 |
Rental Market Trendson Preston Towers
The current average rental value in the street is £1,035.
The Preston Towers Rental Market has increased by 43.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.2% | £1,035pcm |
| May 2025 | 1.9% | £1,013pcm |
| May 2024 | 10.4% | £994pcm |
| May 2023 | 10.6% | £901pcm |
| May 2022 | 7.6% | £814pcm |
| May 2021 | 4.7% | £757pcm |
| May 2020 | 1.9% | £723pcm |
| May 2019 | -0.7% | £709pcm |
| May 2018 | -1.2% | £714pcm |
| May 2017 | -0.1% | £723pcm |
| May 2016 | 1.3% | £723pcm |
| May 2015 | 1.4% | £714pcm |
| May 2014 | 0.4% | £704pcm |
| May 2013 | 0.8% | £700pcm |
| May 2012 | 0.8% | £695pcm |
| May 2011 | 2.6% | £689pcm |
| May 2010 | 2.5% | £671pcm |
| May 2009 | -4.8% | £655pcm |
| May 2008 | 4.1% | £688pcm |
| May 2007 | 0% | £661pcm |
Properties and Buildingson Preston Towers, North Shields, NE29
Sales Historyon Preston Towers, North Shields, NE29
The last sale was on 31st October 2025 for £165,000 and since then the market in the area has decreased by 0.1%. The street has had a total of 17 sales since 1995.
Preston Towers, North Shields, NE29 has seen 2 sales in the last three years and 2 sales in the last twelve months.
Top 3 Most Expensive Saleson Preston Towers, North Shields, NE29
- Sold Apr 2021£280,000 | 3 Bed HousePreston TowersThe Stables, Preston Towers, North Shields, NE29 9JU
- Sold Mar 2006£260,000 | 3 Bed HousePreston TowersCoach Cottage, Preston Towers, North Shields, NE29 9JU
- Sold Dec 2020£250,000 | 2 Bed FlatPreston Towers3 Preston Towers Apartments, Preston Towers, North Shields, NE29 9JU
Nearby Streetsto Preston Towers, North Shields, NE29
Preston Towers, North Shields, NE29 is the 91st largest and the 314th most expensive street in the NE29 area.
- 27 mPreston Road, North Shields, NE2913 Addresses
- 93 mWoodlands, North Shields, NE2929 Addresses
- 121 mPreston Park, North Shields, NE2927 Addresses
- 161 mSalisbury Avenue, North Shields, NE2983 Addresses
- 206 mPopplewell Terrace, North Shields, NE2911 Addresses
- 207 mIngleside Road, North Shields, NE2949 Addresses
Postcodeson Preston Towers, North Shields, NE29
There is 1 postcode on Preston Towers, North Shields, NE29.
- House prices in NE29 9JU9 Addresses
Property Typesin Preston Towers
- 1 period house built between 1800 and 1911
- 6 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- period house (1)
- mid-century flat (6)
- Unknown (2)
Energy Efficiencyof properties on Preston Towers
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (6)
- G (0)
- D (1)
- No EPC (2)
Schools Nearby
- 500mKing Edward Primary School
- 700mChrist Church CofE Primary School
- 800mSpring Gardens Primary School
- 500mJohn Spence Community High School
- 1.2kmMarden High School
- 1.6kmSt Thomas More Catholic High School
More reading links
Public Transport Nearby
The closest station to Preston Towers, North Shields, NE29 is Northumberland Park (Tyne & Wear) station, which is 4.7 kilometres away.
- 4.7kmNorthumberland Park (Tyne & Wear)
- 8.4kmSeaton Delaval
- 9.9kmHeworth
