Housing Market Analysis for VERNE ROAD, NE29 7LP

Are you looking to understand NE29 7LP house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this North Tyneside postcode.

For the location information and nearby amenities in the NE29 7LP area, explore the NE29 7LP Area information page.
For comprehensive crime statistics in the NE29 7LP area, explore the NE29 7LP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE29 7LP postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £138,607 median price is £134,950 Standard Deviation is £62,269 with Total Sold: 17
    • The Last 5 Year average price is £264,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 7 VERNE ROAD: £330,000 (Sold on 07 Jan 2022)
    • The first recorded sale happened at this postcode is 13 VERNE ROAD: £42,000 (Sold on 10 Oct 1997)
  • Terraced
    • The average price is around £94,208 median price is £81,750 Standard Deviation is £52,111 with Total Sold: 6
    • The Last 5 Year average price is £140,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 29 VERNE ROAD: £140,000 (Sold on 03 Feb 2021)
    • The first recorded sale happened at this postcode is 5 VERNE ROAD: £21,750 (Sold on 07 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE29 7LP house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£330,000 £2,845 1
2019£198,000 £2,357 1
2016£150,000 £1,240 1
2014£149,250 £1,839 2
2012£100,875 £1,261 1
2010£152,500 £1,595 2
2008£149,0001
2006£130,5001
2005£155,000 £1,505 1
2004£129,975 £1,453 2
2003£90,0001
2002£87,5001
2001£60,000 £698 1
1997£42,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£140,000 £1,667 1
2004£180,000 £1,622 1
2002£81,750 £802 2
2000£60,000 £769 1
1996£21,750 £196 1

All the Sales in the VERNE ROAD, NE29 7LP

See the table below for more details on the sold house prices in the NE29 7LP, North Tyneside postcode.

AddressSold DatePrice% Change
7 VERNE ROADSemi-Detached, FreeholdArea: 116 Sq.mtrAge: 1930-194907 Jan 2022£330,00078.38%
25 Jun 2010£185,00019.35%
20 Jun 2005£155,000First Sale
29 VERNE ROADTerraced, FreeholdArea: 84 Sq.mtrAge: 1930-194903 Feb 2021£140,000First Sale
9 VERNE ROADSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1930-194922 Feb 2019£198,00021.85%
21 Mar 2014£162,500First Sale
3 VERNE ROADSemi-Detached, FreeholdArea: 121 Sq.mtrAge: 1930-194902 Jun 2016£150,000First Sale
5 VERNE ROADSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1930-194903 Oct 2014£136,000-24.44%
15 Nov 2004£180,000102.25%
17 Jun 2002£89,00048.33%
21 Dec 2000£60,000175.86%
07 Oct 1996£21,750First Sale
15 VERNE ROADSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-196605 Oct 2012£100,875First Sale
25 VERNE ROADSemi-Detached, Freehold17 Sep 2010£120,00033.33%
06 Feb 2003£90,000First Sale
21 VERNE ROADSemi-Detached, Freehold11 Apr 2008£149,00014.18%
29 Nov 2006£130,500First Sale
13 VERNE ROADSemi-Detached, Freehold09 Jul 2004£134,95054.23%
23 Aug 2002£87,500108.33%
10 Oct 1997£42,000First Sale
19 VERNE ROADSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1930-194930 Apr 2004£125,000108.33%
03 Aug 2001£60,000First Sale
31 VERNE ROADTerraced, Freehold30 May 2002£74,500First Sale

Check out the sold house prices near the NE29 7LP postcode. Properties currently for saleProperties currently for rent

VERNE ROAD, NE29 7LP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE29 7LP postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NE29 7LP postcode.

  • Semi-Detached
    • The average price is around £120,220 median price is £127,650 Standard Deviation is £60,273 with Total Sold: 1,006
    • The Last 5 Year average price is £189,655 with Total Sold: 182
    • The most recent sale happened at this postcode is , 8 FERN AVENUE: £277,541 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 28 ROXBY GARDENS: £38,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £102,495 median price is £96,250 Standard Deviation is £56,203 with Total Sold: 834
    • The Last 5 Year average price is £151,657 with Total Sold: 174
    • The most recent sale happened at this postcode is , 21 ADDINGTON CRESCENT: £339,950 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 21 APPLEBY PARK: £56,995 (Sold on 26 Jan 1995)
  • Detached
    • The average price is around £171,657 median price is £160,000 Standard Deviation is £87,503 with Total Sold: 215
    • The Last 5 Year average price is £341,211 with Total Sold: 14
    • The most recent sale happened at this postcode is , 5 ALEXANDRA GARDENS: £385,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 35 APPLEBY PARK: £76,995 (Sold on 24 Feb 1995)
  • Flat
    • The average price is around £62,180 median price is £66,000 Standard Deviation is £30,498 with Total Sold: 808
    • The Last 5 Year average price is £87,913 with Total Sold: 98
    • The most recent sale happened at this postcode is , 126 VERNE ROAD: £60,000 (Sold on 24 Jun 2024)
    • The first recorded sale happened at this postcode is , 29 COAST ROAD: £22,500 (Sold on 03 Jan 1995)
  • Other
    • The average price is around £319,371 median price is £80,000 Standard Deviation is £1,161,100 with Total Sold: 39
    • The Last 5 Year average price is £380,143 with Total Sold: 28
    • The most recent sale happened at this postcode is , 1 FRONT TERRACE FRONT STREET: £500,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 168 HEATON TERRACE: £75,000 (Sold on 27 Jun 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£221,824 £2,133 11
2023£214,989 £2,436 38
2022£199,597 £2,363 28
2021£195,258 £2,209 33
2020£162,628 £1,924 34
2019£167,000 £1,960 38
2018£160,063 £1,785 45
2017£139,135 £1,720 47
2016£150,096 £1,762 35
2015£139,990 £1,719 36
2014£143,290 £1,651 41
2013£132,043 £1,548 30
2012£120,166 £1,455 36
2011£126,191 £1,669 21
2010£125,448 £1,540 29
2009£124,079 £1,317 12
2008£127,044 £1,559 31
2007£144,907 £1,855 38
2006£145,616 £1,559 25
2005£130,148 £1,541 33
2004£129,381 £1,472 37
2003£88,252 £1,043 35
2002£81,557 £949 36
2001£50,557 £578 37
2000£52,344 £532 42
1999£48,859 £523 37
1998£48,571 £544 55
1997£42,395 £517 31
1996£42,284 £479 31
1995£45,186 £524 24
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£178,959 £1,718 16
2023£172,521 £2,478 24
2022£168,433 £2,040 33
2021£143,741 £1,873 37
2020£125,453 £1,379 37
2019£143,183 £1,713 27
2018£136,098 £1,513 25
2017£128,323 £1,582 26
2016£131,453 £1,665 31
2015£120,267 £1,435 26
2014£117,858 £1,279 19
2013£100,747 £1,418 16
2012£108,231 £1,262 17
2011£97,131 £1,369 21
2010£104,731 £1,336 13
2009£121,289 £1,331 19
2008£120,399 £1,397 38
2007£127,150 £1,399 39
2006£114,747 £1,382 38
2005£102,174 £1,458 25
2004£111,335 £1,342 26
2003£79,355 £1,024 31
2002£67,991 £700 30
2001£49,080 £625 37
2000£47,180 £529 37
1999£48,563 £476 31
1998£47,398 £542 25
1997£38,669 £402 29
1996£42,933 £406 33
1995£40,044 £548 28
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£327,0005
2023£325,000 £3,577 2
2022£432,333 £3,398 3
2021£350,000 £3,302 1
2020£300,000 £2,970 1
2019£272,475 £2,774 2
2018£222,625 £2,606 4
2017£260,333 £2,529 6
2016£153,000 £1,663 1
2015£210,722 £2,748 9
2014£226,094 £2,157 10
2013£250,000 £2,414 4
2012£217,500 £2,086 2
2011£245,800 £2,135 4
2010£217,500 £2,065 2
2009£212,350 £2,004 7
2007£219,623 £2,552 15
2006£234,175 £2,161 8
2005£224,000 £2,326 3
2004£184,717 £1,891 9
2003£184,077 £1,768 13
2002£173,075 £1,909 6
2001£120,158 £1,124 6
2000£114,084 £1,076 45
1999£117,400 £1,069 20
1998£68,414 £837 7
1997£83,000 £524 3
1996£64,104 £755 9
1995£73,179 £898 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£73,400 £1,137 5
2023£116,875 £1,729 18
2022£87,913 £1,391 20
2021£80,582 £1,272 22
2020£81,000 £1,177 17
2019£77,293 £1,224 16
2018£75,757 £1,155 23
2017£77,528 £1,207 30
2016£75,069 £1,217 18
2015£77,997 £1,144 17
2014£77,140 £1,166 21
2013£78,854 £1,165 12
2012£79,627 £1,184 13
2011£71,278 £1,126 9
2010£74,885 £1,138 13
2009£79,269 £1,186 13
2008£89,788 £1,415 19
2007£93,014 £1,495 60
2006£82,055 £1,324 57
2005£78,476 £1,225 31
2004£75,141 £1,193 46
2003£51,704 £818 48
2002£35,130 £528 45
2001£32,002 £510 45
2000£28,045 £428 48
1999£22,009 £335 24
1998£31,121 £492 41
1997£28,325 £417 32
1996£26,200 £434 21
1995£27,948 £428 24
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£226,6673
2023£60,000 £1,268 3
2022£105,000 £1,419 1
2021£285,000 £7,879 3
2020£746,809 £1,169 11
2019£87,014 £1,335 7
2018£135,250 £1,085 5
2017£180,067 £976 3
2016£359,9991
2015£160,0001
2014£75,000 £1,531 1

House Type in NE29 7LP area

The most common house types in the NE29 7LP postcode area are Semi-detached (96), Terraced (19), and Detached (2).

Total121
Semi-detached96
Terraced19
Detached2
Shared house2
Flat1
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (55), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright55
Owned: Owns with a mortgage or loan40
Social rented: Rents from council or Local Authority14
Private rented: Private landlord or letting agency9
Private rented: Other private rented1
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0

Number of People in a Household

The most houses in the NE29 7LP have 2 people in household (51), and 1 person in household (42).

2 people in household51
1 person in household42
3 people in household17
4 people in household9
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0