Local market reports › NE area › NE29 › NE29 8
Royal Quays market report NE29 8, North Shields
The standing NE29 8 (Royal Quays) property market report, rebuilt from the full public record every month. The raw material for this page is 3,676 HM Land Registry entries for NE29 8 (North Shields), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: 33 registered 2026 sales put the NE29 8 (North Shields) median at £205,000, up 37% on five years earlier, with a mean of £223,700, and by floor area homes here have averaged about £2,370 per square metre over the last five years. Everything rests on 3,676 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
A postcode sector like NE29 8 is a single group of streets within NE29 (North Shields), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where NE29 8 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
The going rate for a home in NE29 8
The NE29 8 median stands at £205,000 for 2026, built from 33 registered sales; the mean, the figure usually quoted as the "average house price", is £223,700, a little above it, the familiar pattern where pricier homes stretch the average.
NE29 8 prices by floor area
By floor space, homes in NE29 8 have sold for about £2,370 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
For scale: the England and Wales median is £285,000, so NE29 8 trades 28% below the country as a whole.
The price of a typical NE29 8 home, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £205,000 | £205,000 | 33 |
| 2025 | £262,500 | £268,777 | 169 |
| 2024 | £191,200 | £203,285 | 204 |
| 2023 | £174,000 | £191,184 | 123 |
| 2022 | £190,000 | £222,797 | 153 |
| 2021 | £150,000 | £189,919 | 129 |
| 2020 | £140,000 | £181,653 | 89 |
| 2019 | £125,000 | £163,845 | 80 |
| 2018 | £136,200 | £181,557 | 110 |
| 2017 | £134,000 | £182,763 | 141 |
| 2016 | £130,000 | £181,871 | 126 |
| 2015 | £115,000 | £162,495 | 93 |
| 2014 | £120,000 | £170,241 | 101 |
| 2013 | £103,500 | £148,926 | 85 |
| 2012 | £107,000 | £157,491 | 81 |
| 2011 | £104,500 | £157,755 | 68 |
| 2010 | £115,000 | £180,350 | 80 |
| 2009 | £95,000 | £152,713 | 53 |
| 2008 | £110,000 | £180,313 | 79 |
| 2007 | £120,000 | £203,553 | 169 |
| 2006 | £108,000 | £187,474 | 133 |
| 2005 | £96,800 | £172,265 | 118 |
| 2004 | £100,000 | £181,620 | 147 |
| 2003 | £70,000 | £128,957 | 139 |
| 2002 | £50,500 | £95,015 | 155 |
| 2001 | £48,000 | £92,278 | 143 |
| 2000 | £49,000 | £96,163 | 119 |
| 1999 | £52,000 | £103,633 | 117 |
| 1998 | £50,300 | £101,534 | 80 |
| 1997 | £53,600 | £109,923 | 129 |
| 1996 | £51,200 | £107,979 | 116 |
| 1995 | £56,700 | £123,257 | 114 |
In cash terms the typical NE29 8 home went from £56,700 in 1995 to £205,000 in 2026, roughly 3.6 times the price. Adjusted for inflation it still comes to a real rise of roughly 66%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2025; the current median sits about 24% below that. Someone who bought at the 2025 peak has not yet seen that price back in real terms.
Year-on-year change in the NE29 8 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2004 (+42.9% on the year before); the weakest, 2026 (−21.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −21.9% | −23.7% |
| 5 years (since 2021) | +6.4% | +1.5% |
| 10 years (since 2016) | +4.7% | +1.2% |
| 20 years (since 2006) | +3.3% | +0.4% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Sales activity in NE29 8
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The register shows 33 NE29 8 sales across the most recent twelve months of data. Turnover has held fairly steady across the cycle: about 136 sales a year recently, against 140 a year before 2008. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
What kind of market NE29 8 is
Only 33 sales completed here in the last twelve months of data, which makes NE29 8 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. Against the NE29 district median, NE29 8 sits 8% higher, marking it as a dearer pocket of the district.
What tenants pay around NE29 8
For renting purposes NE29 8 sits in North Tyneside. The ONS average private rent there is £838 a month (May 2026). Size sets most of the rent: one-beds average £577 a month here against £1,197 for four or more bedrooms.
Average monthly rent by size, North Tyneside
ONS Price Index of Private Rents, May 2026.
£838 a month is £10,056 a year, which against the £205,000 median sold price makes a gross yield of 4.9%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
NE29 8 (Royal Quays): the questions that come up
Is NE29 8 (Royal Quays) a good place to buy a house?
How much did a house sell for in NE29 8 (Royal Quays)?
Are property prices falling in NE29 8 (Royal Quays)?
Where do NE29 8 prices go next?
No honest page predicts prices, so this one sticks to the record: the median is up 37% over five years in cash and up 8% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
What is for sale in NE29 right now
This is what you could actually buy today: 57 homes currently on the market from 5 agents publishing to HomesIndex.
These cover the whole NE29 district, not just NE29 8: live asking prices are collected per district.
28% of what is on the market here is asking below what comparable homes actually sold for. Every listing is measured against recent recorded sales of similar nearby homes.
- Waterloo Place, North Shields, NE29, North Shields
- The Quadrant, North Shields, North Shields, NE29, North Shields
- The Quadrant, North Shields, North Shields, NE29, North Shields
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every NE29 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Moving up a bedroom in NE: the cost
What homes of each size actually sold for across the NE area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £239,250 | £322,500 (+35%) | £498,100 (+54%) | £700,000 (+41%) |
| Semi-detached | £157,000 | £168,000 (+7%) | £216,000 (+29%) | £335,000 (+55%) | £521,000 (+56%) |
| Terraced | £127,500 | £136,000 (+7%) | £170,000 (+25%) | £282,250 (+66%) | £393,500 (+39%) |
| Flat | £95,000 | £127,980 (+35%) | £190,000 (+48%) | £340,000 (+79%) | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the NE area is the point: the same five years treated these districts very differently.
Five-year change in the median, NE area districts
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in NE29
A few minutes' walk can separate two very different markets. Here are NE29's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NE29 0 | £189,600 | 30 |
| NE29 6 | £155,000 | 47 |
| NE29 7 | £190,000 | 21 |
| NE29 9 | £222,000 | 30 |
Zoom out to the full NE29 district report for the type split, monthly volumes and how NE29 compares with its neighbours.
Thinking of selling in NE29 8? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NE29 8, open the average prices map and zoom from the NE29 8 shading down to the sold homes on your own street. Every recorded NE29 8 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim NE29 8.
Keep digging
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NE29 8. Free, with a one click sign in.
The live map plots every individual NE29 8 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.