Housing Market Analysis for RAKE LANE, NE29 8AF

Are you looking to understand NE29 8AF 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 8AF area, explore the NE29 8AF Area information page.
For comprehensive crime statistics in the NE29 8AF area, explore the NE29 8AF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE29 8AF postcode area, The average prices are as follows,

  • Other
    • The average price is around £1,773,333 median price is £1,595,000 Standard Deviation is £343,347 with Total Sold: 3
    • The Last 5 Year average price is £1,595,000 with Total Sold: 1
    • The most recent sale happened at this postcode is KIDS FIRST DAY NURSERY RAKE LANE: £1,595,000 (Sold on 04 Apr 2019)
    • The first recorded sale happened at this postcode is KIDS FIRST DAY NURSERY RAKE LANE: £2,253,625 (Sold on 30 Jun 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average NE29 8AF 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£1,595,0001
2017£1,862,5002

All the Sales in the RAKE LANE, NE29 8AF

See the table below for more details on the sold house prices in the NE29 8AF, North Tyneside postcode.

AddressSold DatePrice% Change
KIDS FIRST DAY NURSERY RAKE LANEOther, Freehold04 Apr 2019£1,595,0008.40%
07 Jul 2017£1,471,375-34.71%
30 Jun 2017£2,253,625First Sale

Check out the sold house prices near the NE29 8AF postcode. Properties currently for saleProperties currently for rent

RAKE LANE, NE29 8AF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE29 8AF 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 8AF postcode.

  • Detached
    • The average price is around £200,404 median price is £200,000 Standard Deviation is £100,536 with Total Sold: 284
    • The Last 5 Year average price is £353,390 with Total Sold: 26
    • The most recent sale happened at this postcode is , 177 ABBOTS WAY: £375,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 222 ABBOTS WAY: £118,000 (Sold on 16 Feb 1995)
  • Semi-Detached
    • The average price is around £148,198 median price is £154,250 Standard Deviation is £73,456 with Total Sold: 422
    • The Last 5 Year average price is £243,757 with Total Sold: 70
    • The most recent sale happened at this postcode is , 12 GRINDON CLOSE: £272,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 10 POLDEN CRESCENT: £57,500 (Sold on 24 Feb 1995)
  • Terraced
    • The average price is around £145,618 median price is £150,000 Standard Deviation is £65,115 with Total Sold: 509
    • The Last 5 Year average price is £213,715 with Total Sold: 72
    • The most recent sale happened at this postcode is , 3 COTSWOLD ROAD: £390,000 (Sold on 06 Aug 2024)
    • The first recorded sale happened at this postcode is , 22 MENDIP CLOSE: £48,500 (Sold on 07 Apr 1995)
  • Flat
    • The average price is around £115,977 median price is £124,950 Standard Deviation is £37,146 with Total Sold: 320
    • The Last 5 Year average price is £105,017 with Total Sold: 57
    • The most recent sale happened at this postcode is , 18 NEWINGTON DRIVE: £130,000 (Sold on 25 Jul 2024)
    • The first recorded sale happened at this postcode is , 24 PRESTON GATE: £30,000 (Sold on 06 Feb 1995)
  • Other
    • The average price is around £981,403 median price is £315,000 Standard Deviation is £1,000,229 with Total Sold: 17
    • The Last 5 Year average price is £1,037,228 with Total Sold: 7
    • The most recent sale happened at this postcode is , 24 ZETLAND DRIVE: £300 (Sold on 01 Dec 2023)
    • The first recorded sale happened at this postcode is , 43 ROSEWOOD CLOSE: £51,200 (Sold on 31 Mar 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£381,667 £3,017 3
2023£309,750 £3,528 4
2022£402,312 £4,208 4
2021£397,150 £2,822 6
2020£320,000 £2,489 2
2019£310,286 £2,517 7
2018£322,194 £2,362 9
2017£290,885 £2,396 30
2016£284,909 £2,448 17
2015£312,500 £3,054 2
2014£262,833 £2,271 6
2013£226,286 £2,198 7
2012£238,333 £1,947 3
2011£253,900 £2,206 5
2010£240,667 £2,261 6
2009£189,333 £1,602 3
2008£291,0002
2007£221,123 £1,968 9
2006£242,143 £2,294 7
2005£221,192 £2,005 12
2004£209,942 £2,001 19
2003£167,302 £1,465 12
2002£143,500 £1,393 2
2001£113,221 £891 17
2000£98,875 £900 6
1999£86,545 £955 11
1998£101,450 £838 6
1997£101,392 £827 19
1996£85,068 £703 14
1995£90,394 £740 34
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£299,000 £4,085 3
2023£275,455 £3,051 11
2022£272,306 £2,947 17
2021£216,275 £2,483 12
2020£216,720 £2,254 5
2019£219,450 £2,432 22
2018£206,182 £2,238 14
2017£199,508 £2,290 18
2016£203,484 £2,219 19
2015£176,682 £1,944 19
2014£162,538 £1,738 12
2013£167,056 £1,842 9
2012£158,012 £1,954 13
2011£174,908 £1,762 6
2010£161,812 £1,887 8
2009£126,750 £1,366 6
2008£150,000 £1,704 8
2007£186,600 £1,705 14
2006£170,922 £2,025 20
2005£172,429 £2,294 7
2004£142,479 £1,877 22
2003£129,794 £1,482 20
2002£89,286 £977 17
2001£72,761 £715 14
2000£68,974 £761 21
1999£62,663 £738 15
1998£57,889 £539 14
1997£58,391 £620 23
1996£58,980 £704 27
1995£54,000 £570 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£259,022 £2,228 8
2023£234,749 £2,351 12
2022£213,179 £2,082 14
2021£218,612 £2,329 17
2020£180,682 £2,061 11
2019£180,995 £1,939 10
2018£202,804 £1,925 13
2017£181,769 £1,863 31
2016£194,770 £1,906 22
2015£164,700 £1,595 17
2014£172,496 £1,705 12
2013£149,880 £1,695 15
2012£166,406 £1,655 16
2011£159,789 £1,680 19
2010£173,312 £1,685 8
2009£146,727 £1,441 11
2008£164,218 £1,806 9
2007£158,225 £1,784 26
2006£165,966 £1,815 16
2005£173,560 £1,562 15
2004£162,872 £1,580 20
2003£128,879 £1,414 47
2002£114,333 £1,047 28
2001£82,400 £774 16
2000£71,670 £669 10
1999£66,856 £703 16
1998£55,336 £522 21
1997£56,195 £580 23
1996£52,573 £525 13
1995£57,634 £583 13
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£114,600 £1,884 5
2023£97,000 £1,797 5
2022£113,492 £1,852 13
2021£106,722 £1,705 23
2020£61,665 £1,413 3
2019£101,625 £1,742 8
2018£106,714 £1,855 7
2017£92,556 £1,739 9
2016£98,200 £1,676 10
2015£96,536 £1,591 11
2014£95,475 £1,776 12
2013£105,582 £1,613 17
2012£92,167 £1,474 9
2011£99,806 £1,770 8
2010£108,883 £1,794 9
2009£120,167 £1,942 3
2008£127,417 £1,835 6
2007£139,736 £2,304 14
2006£139,420 £2,362 15
2005£158,201 £3,051 16
2004£146,257 £2,403 49
2003£117,146 £1,700 47
2002£93,177 £1,426 15
2000£34,750 £853 2
1999£25,000 £628 1
1996£28,000 £645 2
1995£30,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£105,200 £3,351 3
2020£250,000 £2,475 1
2019£2,231,6663
2018£249,875 £1,851 4
2017£1,403,958 £1,722 6

House Type in NE29 8AF area

The most common house types in the NE29 8AF postcode area are Terraced (60), Semi-detached (38), and Detached (31).

Total136
Terraced60
Semi-detached38
Detached31
Flat7
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (58), and Owned: Owns with a mortgage or loan (54).

Owned: Owns outright58
Owned: Owns with a mortgage or loan54
Private rented: Private landlord or letting agency10
Social rented: Other social rented4
Private rented: Other private rented3
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE29 8AF have 2 people in household (43), and 1 person in household (37).

2 people in household43
1 person in household37
4 people in household28
3 people in household19
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0