Housing Market Analysis for RAKE LANE, NE29 8NH

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

Overview of Sold House prices

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

  • Other
    • The average price is around £250,000 median price is £250,000 Standard Deviation is £0 with Total Sold: 2
    • The most recent sale happened at this postcode is BEECH COURT RAKE LANE: £250,000 (Sold on 24 May 2018)
    • The first recorded sale happened at this postcode is ASH COURT RAKE LANE: £250,000 (Sold on 29 Mar 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average NE29 8NH 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
2018£250,0002

All the Sales in the RAKE LANE, NE29 8NH

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

AddressSold DatePrice% Change
BEECH COURT RAKE LANEOther, Freehold24 May 2018£250,000First Sale
ASH COURT RAKE LANEOther, Freehold29 Mar 2018£250,000First Sale

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

RAKE LANE, NE29 8NH Near By properties

Interactive Map

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

  • Detached
    • The average price is around £207,348 median price is £214,950 Standard Deviation is £103,078 with Total Sold: 505
    • The Last 5 Year average price is £351,072 with Total Sold: 58
    • 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 , 10 JEDBURGH CLOSE: £130,000 (Sold on 05 Jan 1995)
  • Terraced
    • The average price is around £134,980 median price is £130,000 Standard Deviation is £68,640 with Total Sold: 592
    • The Last 5 Year average price is £197,946 with Total Sold: 103
    • 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 , 30 MALVERN ROAD: £69,000 (Sold on 21 Apr 1995)
  • Semi-Detached
    • The average price is around £140,778 median price is £136,250 Standard Deviation is £73,687 with Total Sold: 418
    • The Last 5 Year average price is £221,568 with Total Sold: 77
    • The most recent sale happened at this postcode is , 7 WINSFORD AVENUE: £290,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 10 POLDEN CRESCENT: £57,500 (Sold on 24 Feb 1995)
  • Flat
    • The average price is around £96,226 median price is £107,248 Standard Deviation is £33,483 with Total Sold: 118
    • The Last 5 Year average price is £106,604 with Total Sold: 26
    • 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 , 10 TINTERN CRESCENT: £15,000 (Sold on 20 Oct 2000)
  • Other
    • The average price is around £936,259 median price is £250,000 Standard Deviation is £1,000,702 with Total Sold: 13
    • The Last 5 Year average price is £1,545,833 with Total Sold: 3
    • The most recent sale happened at this postcode is , 9 LUDLOW AVENUE: £242,500 (Sold on 14 Apr 2022)
    • 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£374,919 £3,405 13
2022£388,500 £3,618 6
2021£352,150 £2,733 13
2020£314,205 £2,618 11
2019£331,500 £2,475 12
2018£322,375 £2,491 14
2017£304,623 £2,397 33
2016£299,346 £2,457 27
2015£254,312 £2,399 8
2014£247,178 £2,156 14
2013£239,300 £1,957 15
2012£251,119 £1,880 8
2011£252,850 £2,214 14
2010£272,700 £2,117 10
2009£153,0003
2008£281,000 £2,163 5
2007£244,875 £2,114 16
2006£254,267 £2,399 15
2005£243,624 £2,063 19
2004£225,554 £1,958 26
2003£202,847 £1,728 17
2002£152,207 £1,331 7
2001£120,555 £1,025 30
2000£107,491 £961 16
1999£94,291 £860 22
1998£106,547 £826 15
1997£100,524 £789 38
1996£91,873 £773 26
1995£92,226 £736 49
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£259,131 £2,818 9
2023£209,484 £2,173 16
2022£220,303 £2,059 15
2021£177,322 £1,895 32
2020£176,078 £1,781 15
2019£192,778 £1,939 16
2018£174,700 £1,835 19
2017£171,048 £1,809 29
2016£172,056 £1,656 18
2015£154,359 £1,578 22
2014£153,170 £1,549 23
2013£147,356 £1,546 17
2012£155,824 £1,607 17
2011£148,548 £1,513 21
2010£140,417 £1,435 12
2009£139,929 £1,381 14
2008£122,000 £1,440 7
2007£153,454 £1,477 25
2006£150,035 £1,660 21
2005£151,903 £1,300 17
2004£156,613 £1,458 27
2003£109,888 £1,052 31
2002£95,072 £834 36
2001£69,805 £658 21
2000£62,683 £565 12
1999£62,071 £575 24
1998£51,498 £497 20
1997£56,538 £537 26
1996£50,344 £519 16
1995£58,035 £580 14
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£211,700 £2,793 5
2023£236,353 £2,418 17
2022£238,853 £2,561 16
2021£228,375 £2,400 8
2020£207,360 £2,085 10
2019£202,952 £2,302 21
2018£181,557 £1,995 14
2017£195,574 £2,304 21
2016£184,200 £2,056 17
2015£182,497 £1,928 17
2014£128,314 £1,581 11
2013£155,875 £1,546 8
2012£148,365 £1,777 10
2011£124,362 £1,721 4
2010£150,045 £1,812 11
2009£112,750 £1,708 4
2008£123,700 £1,551 10
2007£168,500 £1,782 20
2006£158,284 £1,713 19
2005£143,375 £1,276 4
2004£145,830 £1,818 22
2003£120,269 £1,374 16
2002£76,100 £754 13
2001£80,550 £598 17
2000£65,428 £677 16
1999£67,279 £716 17
1998£60,106 £527 16
1997£63,243 £606 22
1996£59,771 £717 24
1995£62,938 £670 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,650 £1,884 3
2023£99,250 £1,364 2
2022£107,150 £1,702 5
2021£119,250 £1,596 8
2020£89,375 £1,208 4
2019£94,750 £1,541 4
2018£92,667 £1,519 6
2017£87,000 £1,464 3
2016£62,667 £1,176 3
2015£91,750 £1,510 2
2014£83,693 £1,416 6
2013£110,400 £1,588 5
2012£104,000 £1,917 2
2011£74,300 £1,265 2
2010£139,950 £1,680 1
2009£58,0001
2008£86,750 £1,434 4
2007£91,505 £1,300 10
2006£63,000 £841 2
2005£145,000 £2,101 1
2004£94,207 £1,406 7
2003£105,098 £1,635 26
2002£84,573 £1,243 10
2000£15,000 £259 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£242,500 £4,272 1
2019£2,197,5002
2018£200,157 £1,851 5
2017£1,306,615 £1,722 5

House Type in NE29 8NH area

The most common house types in the NE29 8NH 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 8NH 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