Key indicators for buyers
The NE29 market is moderately favourable for buyers. Prices are rising at 6.0%, which may favour acting sooner rather than later. Affordability has improved from a peak of 6.8x in 2021 to 5.7x today. Rising rents (£827/mo, +6.1%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider North Tyneside area
A home in North Tyneside costs 5.7x the local median salary — moderate, improving from a peak of 6.8x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider North Tyneside area
Average monthly rent in North Tyneside is £827, up 6.1% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average North Tyneside price of £252,500 with a 25% deposit (£63k), a 2-year fixed mortgage at 3.97% costs around £996 per month.
Monthly cost comparison based on current data
Uses NE29 avg. price with North Tyneside rental data
Monthly mortgage payments (£996) are £169 more than renting (£827). However, buying requires an upfront deposit of £63k — it would take around 12 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
83, DOLPHIN QUAY, CLIVE STREET NE29 6HJ | Other | £300,000 | 16 Jan 2026 |
27, SANDRINGHAM GARDENS NE29 9AX | Terraced | £245,000 | 16 Jan 2026 |
PARKING SPACE 83, DOLPHIN QUAY, CLIVE STREET NE29 6HJ | Other | £300,000 | 16 Jan 2026 |
56, MORWICK ROAD NE29 8JB | Terraced | £165,000 | 16 Jan 2026 |
UNIT 5, COAST ROAD RETAIL PARK, NORHAM ROAD NE29 7UJ | Other | £11,800,000 | 23 Dec 2025 |
109, REGENT TERRACE NE29 0QH | Semi-detached | £70,000 | 19 Dec 2025 |
173, QUEEN ALEXANDRA ROAD NE29 9BE |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in NE29 sold for £252,500 in 2026, with a median of £272,500 across 4 transactions. Prices rose 6.0% compared to the previous year.
| Flat/Maisonette |
| £163,000 |
| 17 Dec 2025 |
48, ELSDON TERRACE NE29 7AT | Flat/Maisonette | £87,000 | 12 Dec 2025 |
180, GARDNER PARK NE29 0EZ | Terraced | £167,000 | 12 Dec 2025 |
46, ELSDON TERRACE NE29 7AT | Flat/Maisonette | £87,000 | 12 Dec 2025 |
62, GREENLEA NE29 8HH | Terraced | £173,000 | 12 Dec 2025 |
60, ALEXANDRA GARDENS NE29 0SH | Detached | £470,000 | 12 Dec 2025 |
6, JULIET AVENUE NE29 7NH | Terraced | £215,000 | 12 Dec 2025 |
16, CLEVELAND AVENUE NE29 0NU | Flat/Maisonette | £160,000 | 12 Dec 2025 |
APARTMENT 11, SMOKEHOUSE TWO, DUKE STREET, SMITHS DOCK NE29 6BZ | Flat/Maisonette | £192,000 | 12 Dec 2025 |
1, MOOR CLOSE NE29 8DB | Detached | £350,000 | 12 Dec 2025 |
54, COLLINGWOOD VIEW NE29 0ET | Flat/Maisonette | £39,950 | 12 Dec 2025 |
39, LOCKSLEY CLOSE NE29 8EN | Semi-detached | £235,000 | 11 Dec 2025 |
19, CHIRTON LANE NE29 0SB | Semi-detached | £105,000 | 11 Dec 2025 |
27, ST STEPHENS WAY NE29 6JQ | Terraced | £90,750 | 9 Dec 2025 |
The most recent recorded sale in NE29 was a other property on Clive Street for £300,000 in January 2026. Across the last 20 sales, the median price was £173,000.