Key indicators for buyers
The NE33 market looks favourable for buyers. Prices have softened (-28.3%), which could present a buying opportunity. Affordability has improved from a peak of 6.0x in 2021 to 5.2x today. Rising rents (£718/mo, +7.3%) 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 South Tyneside area
A home in South Tyneside costs 5.2x the local median salary — moderate, improving from a peak of 6.0x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider South Tyneside area
Average monthly rent in South Tyneside is £718, up 7.3% 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 South Tyneside price of £100,063 with a 25% deposit (£25k), a 2-year fixed mortgage at 3.97% costs around £395 per month.
Monthly cost comparison based on current data
Uses NE33 avg. price with South Tyneside rental data
Monthly mortgage payments (£395) are £323 less than renting (£718). However, buying requires an upfront deposit of £25k — it would take around 4 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
49, CHICHESTER ROAD NE33 4AA | Terraced | £67,000 | 28 Jan 2026 |
108, SOUTH WOODBINE STREET NE33 2TD | Terraced | £140,000 | 23 Jan 2026 |
6, THORNTON AVENUE NE33 5SZ | Flat/Maisonette | £35,000 | 22 Jan 2026 |
1, PLESSEY WALK NE33 5EP | Terraced | £160,000 | 19 Jan 2026 |
17, NORTHCOTE STREET NE33 4BY | Other | £82,000 | 19 Jan 2026 |
22, NORTHFIELD ROAD NE33 3HJ | Semi-detached | £192,500 | 19 Jan 2026 |
156, STANHOPE ROAD NE33 4ST | Terraced |
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 NE33 sold for £100,063 in 2026, with a median of £80,000 across 8 transactions. Prices fell 28.3% compared to the previous year.
| £78,000 |
| 9 Jan 2026 |
388, STANHOPE ROAD NE33 4RB | Flat/Maisonette | £46,000 | 7 Jan 2026 |
100, GREENS PLACE NE33 2AQ | Other | £180,500 | 23 Dec 2025 |
4 - 6, KING STREET NE33 1HT | Other | £396,000 | 22 Dec 2025 |
150, STANHOPE ROAD NE33 4ST | Flat/Maisonette | £115,000 | 19 Dec 2025 |
37, LEMON STREET NE33 4RQ | Terraced | £91,000 | 19 Dec 2025 |
54, KING STREET NE33 1HZ | Other | £150,000 | 19 Dec 2025 |
9, TADEMA ROAD NE33 3BG | Flat/Maisonette | £75,000 | 19 Dec 2025 |
16, MOWBRAY ROAD NE33 3AU | Terraced | £335,000 | 18 Dec 2025 |
37, MAXWELL STREET NE33 4PU | Other | £297,500 | 17 Dec 2025 |
8, HERON DRIVE NE33 1LN | Terraced | £140,000 | 16 Dec 2025 |
9, DRAKE CLOSE NE33 5DE | Terraced | £115,000 | 15 Dec 2025 |
152, BEACH ROAD NE33 2NN | Terraced | £460,000 | 12 Dec 2025 |
294, ALICE STREET NE33 5PH | Flat/Maisonette | £83,500 | 12 Dec 2025 |
The most recent recorded sale in NE33 was a terraced property on Chichester Road for £67,000 in January 2026. Across the last 20 sales, the median price was £140,000.