Housing Market Analysis for RAKE LANE, NE29 8EY

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £112,822 median price is £108,225 Standard Deviation is £50,697 with Total Sold: 20
- The Last 5 Year average price is £205,500 with Total Sold: 2
- The most recent sale happened at this postcode is 15 RAKE LANE: £206,000 (Sold on 24 Jun 2022)
- The first recorded sale happened at this postcode is 25 RAKE LANE: £205,000 (Sold on 02 Feb 2024)
Terraced
- The average price is around £92,583 median price is £87,500 Standard Deviation is £47,213 with Total Sold: 6
- The most recent sale happened at this postcode is 23 RAKE LANE: £148,000 (Sold on 07 Jun 2016)
- The first recorded sale happened at this postcode is 21 RAKE LANE: £29,500 (Sold on 09 Mar 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NE29 8EY 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£206,000	£2,675	1
2018	£143,000		1
2014	£160,000		1
2013	£90,000	£1,098	1
2011	£119,950		1
2009	£148,000	£1,426	1
2008	£120,000		1
2007	£164,500	£2,195	2
2006	£147,000	£1,775	1
2003	£89,250	£1,135	2
2002	£70,000		1
2001	£66,000	£834	3
2000	£54,500		1
1997	£36,500		1
1996	£51,000	£662	1
2024	£205,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£148,000	£1,480	1
2015	£110,000	£1,100	1
2004	£152,000	£1,465	1
1999	£65,000	£626	1
1998	£40,250		2

All the Sales in the RAKE LANE, NE29 8EY

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

Address	Sold Date	Price	% Change
15 RAKE LANESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1930-1949	24 Jun 2022	£206,000	21.89%
	01 Aug 2007	£169,000	152.24%
	18 Dec 2001	£67,000	31.37%
	18 Mar 1996	£51,000	First Sale
39 RAKE LANESemi-Detached, Freehold	19 Jan 2018	£143,000	19.22%
	10 Aug 2011	£119,950	-25.03%
	16 Mar 2007	£160,000	95.12%
	17 Jan 2003	£82,000	First Sale
23 RAKE LANETerraced, FreeholdArea: 100 Sq.mtrAge: 1930-1949	07 Jun 2016	£148,000	34.55%
	06 Nov 2015	£110,000	First Sale
35 RAKE LANESemi-Detached, Freehold	22 Aug 2014	£160,000	First Sale
31 RAKE LANESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1930-1949	18 Nov 2013	£90,000	First Sale
37 RAKE LANESemi-Detached, FreeholdArea: 103.77 Sq.mtrAge: 1930-1949	19 Jan 2009	£148,000	-2.63%
	10 Sep 2004	£152,000	133.85%
	24 Sep 1999	£65,000	First Sale
41 RAKE LANESemi-Detached, Freehold	13 Aug 2008	£120,000	First Sale
17 RAKE LANESemi-Detached, FreeholdArea: 82.82 Sq.mtrAge: 1930-1949	16 Jun 2006	£147,000	122.73%
	10 Oct 2001	£66,000	First Sale
11 RAKE LANESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	07 Jul 2003	£96,500	First Sale
33 RAKE LANESemi-Detached, Freehold	14 Jun 2002	£70,000	28.44%
33 RAKE LANESemi-Detached, Freehold	15 Dec 2000	£54,500	First Sale
29 RAKE LANESemi-Detached, Freehold	07 Dec 2001	£65,000	First Sale
21 RAKE LANETerraced, Freehold	13 Aug 1998	£51,000	72.88%
21 RAKE LANETerraced, Freehold	09 Mar 1998	£29,500	First Sale
3 RAKE LANESemi-Detached, Freehold	05 Aug 1997	£36,500	First Sale
25 RAKE LANESemi-Detached, Freehold	02 Feb 2024	£205,000	First Sale

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

RAKE LANE, NE29 8EY Near By properties

Interactive Map

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

Terraced
- The average price is around £95,992 median price is £97,500 Standard Deviation is £44,966 with Total Sold: 333
- The Last 5 Year average price is £138,252 with Total Sold: 66
- The most recent sale happened at this postcode is , 154 FALMOUTH ROAD: £150,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 1 BROOMLEA: £39,000 (Sold on 13 Jan 1995)
Detached
- The average price is around £185,037 median price is £204,000 Standard Deviation is £82,547 with Total Sold: 106
- The Last 5 Year average price is £263,612 with Total Sold: 20
- The most recent sale happened at this postcode is , 5 PERTH CLOSE: £330,000 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is , 10 ABBOTS WAY: £106,000 (Sold on 13 Jan 1995)
Flat
- The average price is around £60,590 median price is £60,000 Standard Deviation is £31,189 with Total Sold: 364
- The Last 5 Year average price is £83,402 with Total Sold: 51
- The most recent sale happened at this postcode is , 43 WHITEHOUSE LANE: £96,950 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 29 BROOKLAND TERRACE: £8,000 (Sold on 10 Feb 1995)
Semi-Detached
- The average price is around £112,669 median price is £107,000 Standard Deviation is £57,343 with Total Sold: 453
- The Last 5 Year average price is £178,580 with Total Sold: 80
- The most recent sale happened at this postcode is , 4 BARNSTAPLE ROAD: £121,500 (Sold on 28 May 2024)
- The first recorded sale happened at this postcode is , 6 LANGHOLM AVENUE: £51,000 (Sold on 03 Feb 1995)
Other
- The average price is around £113,152 median price is £91,000 Standard Deviation is £65,482 with Total Sold: 15
- The Last 5 Year average price is £130,125 with Total Sold: 8
- The most recent sale happened at this postcode is , 164 BROOKLAND TERRACE: £85,000 (Sold on 20 Dec 2023)
- The first recorded sale happened at this postcode is , 2 EMBLETON ROAD: £1,050 (Sold on 13 Jun 2016)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£153,000	£1,654	6
2023	£160,386	£1,988	11
2022	£143,194	£1,787	8
2021	£139,465	£1,598	17
2020	£139,950	£1,883	11
2019	£106,654	£1,437	13
2018	£104,950	£1,284	12
2017	£115,428	£1,354	9
2016	£115,433	£1,571	15
2015	£112,545	£1,266	11
2014	£108,782	£1,411	14
2013	£93,263	£1,119	7
2012	£90,136	£1,229	11
2011	£91,314	£1,115	11
2010	£106,745	£1,313	10
2009	£100,800	£1,104	5
2008	£123,445	£1,506	10
2007	£119,250	£1,229	15
2006	£103,233	£1,482	13
2005	£105,496	£1,106	15
2004	£97,607	£1,156	14
2003	£71,278	£985	14
2002	£59,121	£731	21
2001	£35,340	£456	10
2000	£35,950	£505	10
1999	£39,463	£539	11
1998	£43,489	£303	9
1997	£33,667	£493	6
1996	£36,281	£561	8
1995	£40,917	£470	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£330,000		1
2023	£279,500	£2,887	4
2022	£250,500	£3,094	2
2021	£260,500	£2,720	6
2020	£249,312	£2,860	4
2019	£254,333	£2,362	3
2018	£220,333	£2,223	6
2017	£203,500	£2,131	5
2016	£217,000	£2,466	1
2015	£225,700	£2,263	5
2014	£216,000	£2,417	3
2013	£230,000	£2,255	1
2012	£300,167	£2,640	3
2011	£234,238	£3,066	4
2010	£178,750	£1,807	4
2007	£223,167	£2,460	3
2006	£227,750	£2,360	8
2005	£209,500	£2,314	2
2004	£213,875	£1,940	4
2003	£146,875	£2,687	4
2002	£126,000	£1,758	3
2001	£100,770	£1,011	5
2000	£85,988	£947	4
1999	£76,167	£739	3
1998	£72,250	£539	2
1997	£76,529	£757	7
1996	£85,000	£967	2
1995	£81,171	£813	7

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£83,317	£1,429	3
2023	£89,320	£1,592	10
2022	£89,218	£1,527	11
2021	£70,056	£1,182	9
2020	£98,278	£1,368	9
2019	£68,217	£1,235	9
2018	£60,292	£968	12
2017	£78,075	£1,520	6
2016	£66,629	£1,167	17
2015	£77,306	£1,440	11
2014	£64,018	£1,127	9
2013	£64,342	£1,161	12
2012	£54,000	£938	4
2011	£76,014	£1,321	7
2010	£108,600	£1,323	5
2009	£70,100	£1,430	5
2008	£86,382	£1,413	15
2007	£80,992	£1,295	24
2006	£79,325	£1,456	18
2005	£84,641	£1,403	19
2004	£68,845	£1,124	21
2003	£40,710	£724	24
2002	£33,407	£595	27
2001	£31,204	£598	12
2000	£27,032	£491	14
1999	£24,114	£341	11
1998	£26,583	£504	6
1997	£26,889	£429	14
1996	£25,272	£370	9
1995	£23,150	£413	11

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£151,100	£2,238	5
2023	£191,400	£2,083	15
2022	£188,009	£2,231	16
2021	£200,003	£2,202	16
2020	£159,218	£1,836	17
2019	£158,636	£1,909	11
2018	£156,326	£1,964	23
2017	£124,115	£1,673	13
2016	£136,971	£1,712	24
2015	£144,511	£1,702	14
2014	£140,175	£1,610	14
2013	£95,421	£1,163	7
2012	£138,265	£1,614	13
2011	£111,190	£1,248	10
2010	£133,560	£1,590	10
2009	£104,727	£1,435	13
2008	£108,595	£1,577	10
2007	£140,947	£1,721	19
2006	£118,105	£1,502	19
2005	£107,908	£1,362	13
2004	£117,306	£1,598	19
2003	£74,660	£898	15
2002	£64,634	£613	20
2001	£58,814	£614	25
2000	£52,347	£651	19
1999	£50,996	£499	13
1998	£44,125	£447	15
1997	£49,152	£596	20
1996	£48,016	£575	19
1995	£43,167	£719	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£87,833	£1,193	3
2021	£155,500	£1,839	5
2018	£93,428	£2,365	3
2017	£122,475	£1,531	2
2016	£65,525	£2,097	2

House Type in NE29 8EY area

The most common house types in the NE29 8EY postcode area are Flat (55), Semi-detached (51), and Terraced (45).

Total	182
Flat	55
Semi-detached	51
Terraced	45
Shared house	23
Detached	6
commercial building	2
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (65), and Owned: Owns with a mortgage or loan (44).

Private rented: Private landlord or letting agency	65
Owned: Owns with a mortgage or loan	44
Owned: Owns outright	41
Social rented: Rents from council or Local Authority	26
Private rented: Other private rented	4
Shared ownership: Shared ownership	1
Social rented: Other social rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the NE29 8EY have 1 person in household (75), and 2 people in household (66).

1 person in household	75
2 people in household	66
3 people in household	26
4 people in household	10
5 people in household	4
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0