Key indicators for buyers
The NE35 market is moderately favourable for buyers. Prices are rising at 9.7%, which may favour acting sooner rather than later. 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 £177,500 with a 25% deposit (£44k), a 2-year fixed mortgage at 3.97% costs around £700 per month.
Monthly cost comparison based on current data
Uses NE35 avg. price with South Tyneside rental data
Monthly mortgage payments (£700) are £18 less than renting (£718). However, buying requires an upfront deposit of £44k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
5, TENNYSON AVENUE NE35 9EP | Semi-detached | £155,000 | 21 Jan 2026 |
35, CINDERFORD CLOSE NE35 9LB | Semi-detached | £200,000 | 8 Jan 2026 |
1A, SHELLEY AVENUE NE35 9EA | Detached | £205,000 | 19 Dec 2025 |
4, KIPLING AVENUE NE35 9EE | Semi-detached | £213,000 | 19 Dec 2025 |
5, STEEPLE VIEW NE35 9AD | Detached | £365,000 | 19 Dec 2025 |
19, REAY CRESCENT NE35 9EB | Semi-detached | £165,000 | 19 Dec 2025 |
31, LEANDER DRIVE NE35 9LX | Detached |
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 NE35 sold for £177,500 in 2026, with a median of £177,500 across 2 transactions. Prices rose 9.7% compared to the previous year.
| £175,000 |
| 12 Dec 2025 |
92B, HEDWORTH LANE NE35 9HZ | Terraced | £130,000 | 5 Dec 2025 |
4, OXLEY MEWS NE35 9BB | Flat/Maisonette | £96,000 | 3 Dec 2025 |
4, NEW ROAD NE35 9DE | Terraced | £115,000 | 28 Nov 2025 |
15, DONKINS STREET NE35 9HY | Terraced | £98,000 | 21 Nov 2025 |
58, CHELTENHAM DRIVE NE35 9HE | Semi-detached | £190,000 | 7 Nov 2025 |
55, LEANDER DRIVE NE35 9LS | Semi-detached | £266,000 | 7 Nov 2025 |
14, BROCKLEY TERRACE NE35 9HN | Terraced | £120,000 | 15 Oct 2025 |
4, ALBERT EDWARD TERRACE NE35 9HJ | Flat/Maisonette | £77,000 | 3 Oct 2025 |
5, NAILSWORTH CLOSE NE35 9JT | Semi-detached | £135,000 | 2 Oct 2025 |
42, DONKINS STREET NE35 9HY | Terraced | £45,000 | 30 Sept 2025 |
14, WINSLOW CLOSE NE35 9LR | Detached | £350,000 | 30 Sept 2025 |
45, WILTON GARDENS SOUTH NE35 9HG | Flat/Maisonette | £72,000 | 30 Sept 2025 |
35, LEANDER DRIVE NE35 9LX | Detached | £312,500 | 26 Sept 2025 |
The most recent recorded sale in NE35 was a semi-detached property on Tennyson Avenue for £155,000 in January 2026. Across the last 20 sales, the median price was £165,000.