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House Prices in NE34

The average house price in NE34 (South Shields) is £151,733 using HM Land Registry data.

The average property price increased by £20,920 (35.49%) over the last 5 years and increased by £4,192 (5.03%) over the last 12 months.

Over the last year, there were 425 residential property sales – a decrease of 33 transactions (-7.76%) relative to the previous year. The majority of house sales (103) were in the £80,000 - £124,000 range. Then came properties in the £124,000 - £168,000 range, where 99 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 176 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,898 (-3%).

In March 2025, there were 58 new estate agency instructions, 56 agreed home sales and 24 property price reductions.

5-Year Average Property Prices in NE34 (South Shields)

35.49%

Property prices in NE34 (South Shields) increased by 35.49% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NE34 (South Shields) Over the Last Year

5.03%

Property prices in NE34 (South Shields) increased by 5.03% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for NE34 (South Shields) - March 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NE34 (South Shields)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NE34 (South Shields)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NE34 (South Shields)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NE34 (South Shields) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE34 postcode area since 1995.

Recent Sales in NE34 (South Shields)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
112 Harton Lane, South Shields, Tyne And Wear, NE34 0PP	£260,000	£251,000	-£9,000	18 Mar 2024	26 Feb 2025	345 Days
15 Chatton Avenue, South Shields, Tyne And Wear, NE34 7TU	£120,000	£119,330	-£670	19 Nov 2024	14 Feb 2025	87 Days
48 Soane Gardens, South Shields, Tyne And Wear, NE34 8NN	£130,000	£127,000	-£3,000	02 Sep 2024	05 Feb 2025	156 Days
31 Bruce Close, South Shields, Tyne And Wear, NE34 8JX	£140,000	£140,000	£0	01 Oct 2024	05 Feb 2025	127 Days
40 Ewart Crescent, South Shields, Tyne And Wear, NE34 9EL	£160,000	£158,000	-£2,000	23 Aug 2024	03 Feb 2025	164 Days
23 South Avenue, South Shields, Tyne And Wear, NE34 6QZ	£250,000	£241,000	-£9,000	17 Oct 2024	21 Jan 2025	96 Days
205 Horsley Vale, South Shields, Tyne And Wear, NE34 6JX	£124,950	£110,000	-£14,950	29 Oct 2024	20 Jan 2025	83 Days
30 Bywell Avenue, South Shields, Tyne And Wear, NE34 6RP	£170,000	£165,000	-£5,000	11 Dec 2024	17 Jan 2025	37 Days
87 Heaton Gardens, South Shields, Tyne And Wear, NE34 9UA	£140,000	£136,040	-£3,960	25 Oct 2024	17 Jan 2025	84 Days
28 Lilac Avenue, South Shields, Tyne And Wear, NE34 7PF	£130,000	£130,000	£0	27 Jul 2024	16 Jan 2025	173 Days
192 Mortimer Road, South Shields, Tyne And Wear, NE34 0RP	£219,950	£215,000	-£4,950	22 Oct 2024	10 Jan 2025	80 Days
41 Mitchell Gardens, South Shields, Tyne And Wear, NE34 6EF	£170,000	£170,000	£0	26 Sep 2024	10 Jan 2025	106 Days
23 Caxton Walk, South Shields, Tyne And Wear, NE34 9LW	£94,950	£93,000	-£1,950	31 Jul 2024	20 Dec 2024	142 Days
150 Richmond Road, South Shields, Tyne And Wear, NE34 0QQ	£110,000	£107,500	-£2,500	02 Aug 2024	18 Dec 2024	138 Days
149 Horsley Vale, South Shields, Tyne And Wear, NE34 6LD	£130,000	£130,000	£0	09 Apr 2024	16 Dec 2024	251 Days
103 Newcastle Road, South Shields, Tyne And Wear, NE34 9AA	£420,000	£400,000	-£20,000	18 Sep 2024	16 Dec 2024	89 Days
62 Bamburgh Grove, South Shields, Tyne And Wear, NE34 7TL	£180,000	£175,000	-£5,000	16 Jul 2024	12 Dec 2024	149 Days
95 Grotto Road, South Shields, Tyne And Wear, NE34 7AQ	£225,000	£223,000	-£2,000	08 Oct 2024	09 Dec 2024	62 Days
31 Cauldwell Avenue, South Shields, Tyne And Wear, NE34 0SB	£199,950	£199,950	£0	19 Aug 2024	22 Nov 2024	95 Days
75 Grotto Road, South Shields, Tyne And Wear, NE34 7AQ	£240,000	£237,500	-£2,500	20 Jul 2023	21 Nov 2024	490 Days

Most Expensive Streets in NE34 (South Shields)

Postcode	Street	Area	Average	No. of Sales
NE34 8BU	Parkshiel	South Shields	£468,400	5
NE34 6BB	North Avenue	South Shields	£442,500	3
NE34 0EU	King George Road	South Shields	£438,571	7
NE34 6AQ	Sunderland Road	South Shields	£428,125	4
NE34 9AL	Wenlock Road	South Shields	£401,900	3
NE34 8DN	Sunnirise	South Shields	£390,500	4
NE34 6AZ	Central Avenue	South Shields	£385,840	5
NE34 6AA	Moore Avenue	South Shields	£379,825	6
NE34 6EX	Tynedale Road	South Shields	£367,000	5
NE34 6NN	St Peters Avenue	South Shields	£361,625	4

Least Expensive Streets in NE34 (South Shields)

Postcode	Street	Area	Average	No. of Sales
NE34 0QW	Gordon Road	South Shields	£50,333	3
NE34 0JZ	Brabourne Street	South Shields	£71,071	7
NE34 0QT	Brownlow Road	South Shields	£71,500	4
NE34 0QR	Gordon Road	South Shields	£72,833	3
NE34 0RR	Mortimer Road	South Shields	£76,833	3
NE34 9SY	Dickens Avenue	South Shields	£77,333	3
NE34 7HY	Devon Gardens	South Shields	£78,083	6
NE34 0PG	Emlyn Road	South Shields	£79,852	3
NE34 0QN	Cranford Street	South Shields	£82,363	11
NE34 9TZ	Heaton Gardens	South Shields	£84,125	4