Housing Market Analysis for PRESTON GATE, NE29 9QB

Are you looking to understand NE29 9QB 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 9QB area, explore the NE29 9QB Area information page.
For comprehensive crime statistics in the NE29 9QB area, explore the NE29 9QB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE29 9QB postcode area, The average prices are as follows,

Flat
- The average price is around £59,402 median price is £60,500 Standard Deviation is £17,256 with Total Sold: 44
- The Last 5 Year average price is £67,090 with Total Sold: 11
- The most recent sale happened at this postcode is 13 PRESTON GATE: £78,000 (Sold on 19 Dec 2023)
- The first recorded sale happened at this postcode is 24 PRESTON GATE: £30,000 (Sold on 06 Feb 1995)
Terraced
- The average price is around £80,000 median price is £85,500 Standard Deviation is £25,669 with Total Sold: 12
- The Last 5 Year average price is £94,000 with Total Sold: 3
- The most recent sale happened at this postcode is 21 PRESTON GATE: £90,000 (Sold on 02 Nov 2022)
- The first recorded sale happened at this postcode is 1 PRESTON GATE: £37,500 (Sold on 09 May 1997)
Semi-Detached
- The average price is around £51,483 median price is £59,000 Standard Deviation is £11,309 with Total Sold: 3
- The most recent sale happened at this postcode is 25 PRESTON GATE: £59,000 (Sold on 27 Apr 2001)
- The first recorded sale happened at this postcode is 4 PRESTON GATE: £35,500 (Sold on 16 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE29 9QB 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£76,000	£1,795	3
2022	£61,000	£1,495	2
2021	£70,000	£2,059	1
2020	£51,498	£1,361	2
2019	£71,667	£1,642	3
2018	£55,000	£1,279	1
2017	£55,167	£1,387	3
2016	£58,000	£1,382	3
2015	£47,000	£1,146	1
2014	£65,438	£1,528	4
2013	£57,000	£1,190	2
2012	£50,500	£1,245	2
2011	£65,000	£1,629	1
2010	£67,000	£1,595	1
2008	£94,000		1
2007	£77,333	£1,955	3
2006	£77,500		1
2005	£83,000	£1,988	1
2003	£59,500	£1,750	1
2002	£49,475	£1,240	2
2000	£34,750	£853	2
1999	£25,000	£628	1
1996	£28,000	£645	2
1995	£30,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£90,000	£2,101	1
2020	£122,000	£2,652	1
2019	£70,000	£1,522	1
2013	£66,000	£1,463	2
2011	£85,500	£1,800	2
2007	£99,000	£2,217	2
2006	£106,500	£2,315	1
1997	£35,250	£776	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2001	£59,475	£882	2
1996	£35,500	£755	1

All the Sales in the PRESTON GATE, NE29 9QB

See the table below for more details on the sold house prices in the NE29 9QB, North Tyneside postcode.

Address	Sold Date	Price	% Change
13 PRESTON GATEFlat, LeaseholdArea: 43 Sq.mtrAge: 1950-1966	19 Dec 2023	£78,000	0.0
	19 Dec 2023	£78,000	56.00%
	01 Oct 2019	£50,000	-39.76%
	11 May 2007	£83,000	First Sale
20 PRESTON GATEFlat, LeaseholdArea: 41 Sq.mtrAge: 1967-1975	28 Apr 2023	£72,000	7.46%
	11 Jul 2019	£67,000	24.07%
	21 Nov 2016	£54,000	First Sale
21 PRESTON GATETerraced, LeaseholdArea: 42.84 Sq.mtrAge: 1967-1975	02 Nov 2022	£90,000	28.57%
	08 Apr 2013	£70,000	112.12%
	06 Jun 1997	£33,000	First Sale
10 PRESTON GATEFlat, LeaseholdArea: 39.76 Sq.mtrAge: 1950-1966	21 Jul 2022	£57,000	0.44%
	09 Sep 2014	£56,750	First Sale
8 PRESTON GATEFlat, LeaseholdArea: 41.76 Sq.mtrAge: 1967-1975	21 Jan 2022	£65,000	62.50%
	07 Nov 2012	£40,000	-51.81%
	02 Dec 2005	£83,000	163.49%
	03 Apr 2000	£31,500	First Sale
16 PRESTON GATEFlat, LeaseholdArea: 34 Sq.mtrAge: 1967-1975	13 Oct 2021	£70,000	-14.63%
	16 Aug 2007	£82,000	37.82%
	02 Jun 2003	£59,500	First Sale
5 PRESTON GATEFlat, LeaseholdArea: 44 Sq.mtrAge: 1967-1975	06 Nov 2020	£63,000	6.78%
	09 Feb 2016	£59,000	-11.94%
	15 Oct 2007	£67,000	First Sale
22 PRESTON GATETerraced, LeaseholdArea: 46 Sq.mtrAge: 1967-1975	22 Jul 2020	£122,000	74.29%
	18 Jan 2019	£70,000	-31.37%
	26 Oct 2007	£102,000	-4.23%
	09 Aug 2006	£106,500	First Sale
18 PRESTON GATEFlat, LeaseholdArea: 31 Sq.mtrAge: 1967-1975	10 Mar 2020	£39,995	-21.58%
18 PRESTON GATEFlat, LeaseholdArea: 31 Sq.mtrAge: 1967-1975	22 Feb 2017	£51,000	First Sale
3 PRESTON GATEFlat, LeaseholdArea: 46 Sq.mtrAge: 1967-1975	05 Mar 2019	£98,000	43.07%
3 PRESTON GATEFlat, LeaseholdArea: 46 Sq.mtrAge: 1967-1975	15 Aug 2014	£68,500	First Sale
17 PRESTON GATEFlat, LeaseholdArea: 43 Sq.mtrAge: 1950-1966	10 Aug 2018	£55,000	First Sale
9 PRESTON GATEFlat, LeaseholdArea: 45 Sq.mtrAge: 1967-1975	14 Dec 2017	£54,500	60.29%
9 PRESTON GATEFlat, LeaseholdArea: 45 Sq.mtrAge: 1967-1975	02 Dec 1996	£34,000	First Sale
15 PRESTON GATEFlat, LeaseholdArea: 46 Sq.mtrAge: 1967-1975	10 Nov 2017	£60,000	-11.76%
15 PRESTON GATEFlat, LeaseholdArea: 46 Sq.mtrAge: 1967-1975	04 Sep 2014	£68,000	First Sale
6 PRESTON GATEFlat, LeaseholdArea: 41 Sq.mtrAge: 1967-1975	20 Oct 2016	£61,000	29.79%
6 PRESTON GATEFlat, LeaseholdArea: 41 Sq.mtrAge: 1967-1975	30 Jul 2015	£47,000	First Sale
11 PRESTON GATEFlat, LeaseholdArea: 39.9 Sq.mtrAge: 1950-1966	20 Nov 2014	£68,500	5.38%
	14 Dec 2011	£65,000	8.42%
	10 Dec 2002	£59,950	53.72%
	25 Jun 2002	£39,000	2.63%
	27 Oct 2000	£38,000	First Sale
12 PRESTON GATEFlat, Leasehold	11 Oct 2013	£64,000	-17.42%
12 PRESTON GATEFlat, Leasehold	01 Aug 2006	£77,500	First Sale
7 PRESTON GATEFlat, LeaseholdArea: 42 Sq.mtrAge: 1950-1966	09 Jul 2013	£50,000	First Sale
1 PRESTON GATETerraced, LeaseholdArea: 48 Sq.mtrAge: 1967-1975	12 Apr 2013	£62,000	65.33%
	09 May 1997	£37,500	First Sale
19 PRESTON GATEFlat, LeaseholdArea: 39.8 Sq.mtrAge: 1967-1975	07 Jun 2012	£61,000	144.00%
	21 Dec 1999	£25,000	First Sale
2 PRESTON GATETerraced, LeaseholdArea: 47 Sq.mtrAge: 1967-1975	29 Jul 2011	£85,000	First Sale
4 PRESTON GATETerraced, LeaseholdArea: 48 Sq.mtrAge: 1967-1975	22 Jul 2011	£86,000	142.25%
	16 Oct 1996	£35,500	First Sale
14 PRESTON GATEFlat, LeaseholdArea: 42 Sq.mtrAge: 1967-1975	14 Oct 2010	£67,000	204.55%
14 PRESTON GATEFlat, LeaseholdArea: 42 Sq.mtrAge: 1967-1975	23 Feb 1996	£22,000	First Sale
24 PRESTON GATEFlat, Leasehold	09 Jul 2008	£94,000	213.33%
24 PRESTON GATEFlat, Leasehold	06 Feb 1995	£30,000	First Sale
23 PRESTON GATETerraced, Leasehold	14 Dec 2007	£96,000	First Sale
25 PRESTON GATESemi-Detached, Leasehold	27 Apr 2001	£59,000	First Sale
26 PRESTON GATESemi-Detached, LeaseholdArea: 68 Sq.mtrAge: 1967-1975	12 Jan 2001	£59,950	First Sale

Check out the sold house prices near the NE29 9QB postcode. Properties currently for saleProperties currently for rent

PRESTON GATE, NE29 9QB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE29 9QB 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 9QB postcode.

Semi-Detached
- The average price is around £153,985 median price is £156,500 Standard Deviation is £71,487 with Total Sold: 855
- The Last 5 Year average price is £231,283 with Total Sold: 166
- The most recent sale happened at this postcode is , 18 RYDAL AVENUE: £240,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 21 HARTBURN ROAD: £60,000 (Sold on 05 Jan 1995)
Terraced
- The average price is around £146,286 median price is £148,750 Standard Deviation is £69,906 with Total Sold: 770
- The Last 5 Year average price is £226,233 with Total Sold: 121
- 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 , 63 CAMBO PLACE: £43,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £109,654 median price is £119,000 Standard Deviation is £39,767 with Total Sold: 366
- The Last 5 Year average price is £104,101 with Total Sold: 64
- 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 , 14 CAMBO PLACE: £31,000 (Sold on 20 Jan 1995)
Detached
- The average price is around £254,636 median price is £245,000 Standard Deviation is £124,880 with Total Sold: 223
- The Last 5 Year average price is £369,525 with Total Sold: 40
- The most recent sale happened at this postcode is , 39 ROSEWOOD CLOSE: £420,000 (Sold on 14 May 2024)
- The first recorded sale happened at this postcode is , 40 HEYBROOK AVENUE: £83,000 (Sold on 03 Feb 1995)
Other
- The average price is around £1,415,295 median price is £1,595,000 Standard Deviation is £1,001,134 with Total Sold: 11
- The Last 5 Year average price is £1,757,500 with Total Sold: 4
- The most recent sale happened at this postcode is , 75 BEACH ROAD: £335,000 (Sold on 24 Mar 2021)
- 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£236,464	£2,955	11
2023	£255,798	£2,991	17
2022	£265,589	£2,901	36
2021	£231,259	£2,812	29
2020	£208,685	£2,398	30
2019	£207,326	£2,466	43
2018	£205,928	£2,366	35
2017	£195,443	£2,273	42
2016	£186,810	£2,179	35
2015	£184,497	£2,231	39
2014	£174,301	£2,084	39
2013	£155,337	£1,754	27
2012	£146,171	£1,828	14
2011	£154,959	£1,605	18
2010	£162,350	£1,822	17
2009	£178,091	£1,722	11
2008	£154,050	£1,764	24
2007	£164,396	£1,804	35
2006	£171,151	£1,743	34
2005	£169,639	£1,775	14
2004	£149,471	£1,737	38
2003	£127,532	£1,394	40
2002	£90,083	£1,017	35
2001	£75,898	£765	32
2000	£64,157	£653	34
1999	£62,423	£737	22
1998	£60,614	£564	24
1997	£58,167	£640	26
1996	£56,325	£628	26
1995	£56,216	£555	28

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£264,094	£2,546	13
2023	£253,702	£2,900	22
2022	£225,182	£2,356	22
2021	£222,412	£2,401	26
2020	£210,966	£2,305	19
2019	£190,234	£2,099	19
2018	£199,844	£2,045	24
2017	£178,568	£1,896	36
2016	£188,270	£1,853	22
2015	£169,739	£1,820	31
2014	£182,456	£1,970	24
2013	£157,659	£1,680	21
2012	£156,836	£1,690	21
2011	£157,690	£1,615	29
2010	£165,115	£1,639	13
2009	£146,972	£1,589	18
2008	£160,512	£1,736	13
2007	£159,288	£1,813	36
2006	£175,895	£1,896	29
2005	£165,079	£1,640	24
2004	£155,290	£1,517	30
2003	£126,151	£1,380	57
2002	£104,775	£975	41
2001	£81,048	£781	26
2000	£69,505	£736	21
1999	£67,143	£682	27
1998	£55,252	£550	22
1997	£56,092	£613	39
1996	£55,325	£620	26
1995	£54,684	£592	19

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£111,333	£1,884	6
2023	£97,000	£1,797	5
2022	£113,492	£1,852	13
2021	£105,624	£1,730	25
2020	£64,999	£1,340	4
2019	£103,045	£1,691	11
2018	£104,000	£1,809	8
2017	£93,295	£1,728	10
2016	£95,962	£1,702	13
2015	£93,992	£1,596	12
2014	£92,106	£1,757	16
2013	£103,363	£1,597	19
2012	£89,700	£1,492	10
2011	£99,806	£1,770	8
2010	£108,883	£1,794	9
2009	£102,700	£1,786	5
2008	£119,214	£1,727	7
2007	£139,736	£2,304	14
2006	£130,625	£2,296	18
2005	£158,201	£3,051	16
2004	£146,257	£2,403	49
2003	£114,216	£1,668	50
2002	£90,260	£1,386	16
2001	£41,750	£705	2
2000	£34,112	£726	4
1999	£25,000	£628	1
1998	£30,833	£505	3
1997	£31,325	£547	4
1996	£28,000	£645	2
1995	£31,750	£498	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£420,000		1
2023	£430,409	£3,492	11
2022	£383,786	£3,681	7
2021	£369,000	£2,802	9
2020	£330,750	£2,771	6
2019	£272,417	£2,194	6
2018	£296,688	£2,668	12
2017	£318,020	£2,417	27
2016	£310,897	£2,304	15
2015	£314,167	£2,378	3
2014	£302,140	£2,159	10
2013	£211,500	£2,281	6
2012	£232,750	£2,203	6
2010	£318,500	£2,085	4
2009	£373,112	£2,471	4
2008	£242,500	£2,332	1
2007	£247,750	£1,986	6
2006	£266,375	£1,908	8
2005	£254,121	£2,054	7
2004	£205,749	£1,741	6
2003	£165,648	£1,602	11
2002	£176,500	£1,046	3
2001	£151,990	£863	10
2000	£139,667	£984	6
1999	£110,106	£711	9
1998	£92,286	£819	7
1997	£136,143	£852	7
1996	£99,600	£700	9
1995	£121,250	£758	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£335,000	£3,418	1
2019	£2,231,666		3
2018	£114,500		1
2017	£1,403,958	£1,722	6

House Type in NE29 9QB area

The most common house types in the NE29 9QB postcode area are Semi-detached (97), Flat (17), and Terraced (7).

Total	127
Semi-detached	97
Flat	17
Terraced	7
Detached	6
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (55), and Owned: Owns outright (46).

Owned: Owns with a mortgage or loan	55
Owned: Owns outright	46
Private rented: Private landlord or letting agency	15
Social rented: Rents from council or Local Authority	7
Private rented: Other private rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE29 9QB have 2 people in household (45), and 1 person in household (42).

2 people in household	45
1 person in household	42
3 people in household	18
4 people in household	18
5 people in household	2
7 people in household	2
6 people in household	1
0 people in household	0
8 or more people in household	0