Local market reports › NE area › NE29
Royal Quays market report NE29, North Shields
The standing NE29 (Royal Quays) property market report, rebuilt from the full public record every month. This page is built from the public record and nothing else: 19,196 completed sales registered with HM Land Registry in NE29 (North Shields) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Covers registered sales to July 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the 2026 median for NE29 (North Shields) is £189,000, from 161 registered sales, up 26% on five years earlier; the mean is £205,600, and by floor area homes here have averaged about £2,230 per square metre over the last five years. Behind the figures sit 19,196 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
NE29 is a postcode district covering North Shields, Royal Quays, Billy Mill in North Shields. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where NE29 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.
What NE29 homes really sell for
161 sales were registered in NE29 in 2026, and the middle one of them, the median, went for £189,000. The mean works out at £205,600, somewhat above it, as happens wherever a market carries an expensive tail.
House prices per square metre in NE29
A square metre of NE29 home has cost about £2,230 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
England and Wales as a whole trade at a £285,000 median, leaving NE29 34% below the national figure.
NE29's median sold price, 1995 to 2026
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £189,000 | £189,000 | 161 |
| 2025 | £195,000 | £199,663 | 558 |
| 2024 | £179,300 | £190,633 | 618 |
| 2023 | £175,000 | £192,282 | 507 |
| 2022 | £170,000 | £199,344 | 639 |
| 2021 | £150,000 | £189,919 | 602 |
| 2020 | £132,000 | £171,273 | 404 |
| 2019 | £135,000 | £176,953 | 519 |
| 2018 | £137,200 | £182,890 | 514 |
| 2017 | £125,000 | £170,487 | 532 |
| 2016 | £121,500 | £169,980 | 498 |
| 2015 | £117,200 | £165,604 | 502 |
| 2014 | £117,000 | £165,985 | 481 |
| 2013 | £107,000 | £153,962 | 429 |
| 2012 | £108,000 | £158,963 | 396 |
| 2011 | £100,000 | £150,962 | 385 |
| 2010 | £112,500 | £176,429 | 325 |
| 2009 | £103,000 | £165,573 | 277 |
| 2008 | £108,000 | £177,035 | 447 |
| 2007 | £115,000 | £195,072 | 969 |
| 2006 | £107,200 | £186,086 | 816 |
| 2005 | £100,000 | £177,960 | 761 |
| 2004 | £103,000 | £187,068 | 949 |
| 2003 | £75,000 | £138,168 | 951 |
| 2002 | £57,000 | £107,245 | 921 |
| 2001 | £43,000 | £82,665 | 866 |
| 2000 | £43,500 | £85,369 | 930 |
| 1999 | £43,000 | £85,697 | 713 |
| 1998 | £42,700 | £86,193 | 598 |
| 1997 | £45,000 | £92,286 | 651 |
| 1996 | £44,000 | £92,794 | 702 |
| 1995 | £36,800 | £79,998 | 575 |
In cash terms the typical NE29 home went from £36,800 in 1995 to £189,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 136%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2025; the current median sits about 5% 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 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 (+37.3% on the year before); the weakest, 2011 (−11.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of flats dominate the record here, 33% of the typed total. A detached home currently trades at £340,000 against £132,500 for a flat, 2.6 times the price.
Median by property type, NE29
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £340,000 | 15 | 1,737 |
| Semi-detached | £207,500 | 40 | 4,868 |
| Terraced | £205,000 | 54 | 6,192 |
| Flats | £132,500 | 52 | 6,399 |
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −3.1% | −5.3% |
| 5 years (since 2021) | +4.7% | −0.1% |
| 10 years (since 2016) | +4.5% | +1.1% |
| 20 years (since 2006) | +2.9% | +0.1% |
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.
The turnover behind the prices
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
Month by month, five years back
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
Over the last twelve months of data, 364 sales completed in NE29. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 895 sales a year before the financial crisis and 497 a year over the last five. 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 tenants pay around NE29
NE29 falls under North Tyneside, where the ONS puts the average private rent at £838 a month (May 2026 figures). 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.
Set against the £189,000 median sold price, £838 a month is £10,056 a year, a gross yield of 5.3%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
Asked and answered: NE29 (Royal Quays)
Is NE29 (Royal Quays) a good place to buy a house?
How much did a house sell for in NE29 (Royal Quays)?
Are property prices falling in NE29 (Royal Quays)?
Will NE29 prices rise from here?
That question has no honest answer, only evidence. The evidence: the median is up 26% over five years in cash and flat after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
NE29's current homes for sale
Everything above is what homes in NE29 sold for. This is what you could actually buy today: 57 homes currently on the market from 5 agents publishing to HomesIndex, at a typical asking price 26% below the NE29 median sold price.
28% of current listings sit under the prices comparable homes actually fetched. 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
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every NE29 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
The price of an extra bedroom in NE
Real sold prices by size across the NE area, straight 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%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
NE29 ranks 11 of 59 in the NE area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
NE area districts: five years of change
The districts that gained and lost most in cash terms, each row linking through to its own report.
Inside NE29, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NE29 0 | £189,600 | 30 |
| NE29 6 | £155,000 | 47 |
| NE29 7 | £190,000 | 21 |
| NE29 8 | £205,000 | 33 |
| NE29 9 | £222,000 | 30 |
How NE29 compares nearby
Same city, different markets. The dearest districts of the NE area, and NE29 itself, which ranks 30 of 59 by median price:
| District | Median | 5-year |
|---|---|---|
| NE44 | £692,500 | +57% |
| NE69 | £617,500 | +2% |
| NE45 | £557,500 | +35% |
| NE20 | £472,500 | +8% |
| NE18 | £375,000 | +58% |
| NE67 | £335,000 | +4% |
| NE26 | £330,000 | +17% |
| NE46 | £297,200 | +8% |
| NE3 | £290,000 | +26% |
| NE47 | £290,000 | +18% |
| NE43 | £288,500 | -10% |
| NE30 | £280,000 | +18% |
| NE41 | £267,800 | -1% |
| NE2 | £265,800 | +12% |
| NE19 | £265,000 | +8% |
| NE25 | £260,000 | +18% |
| NE66 | £252,500 | +3% |
| NE65 | £251,500 | +12% |
| NE36 | £247,500 | +15% |
| NE27 | £241,200 | +24% |
| NE61 | £240,000 | +14% |
| NE68 | £240,000 | +0% |
| NE70 | £240,000 | +0% |
| NE29 (this report) | £189,000 | +26% |
Selling in NE29? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NE29, open the average prices map and zoom from the NE29 shading down to the sold homes on your own street. Every recorded NE29 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working NE29: the featured spot on this report is free for founding agents, one per district. Claim NE29.
Dig further
The AI answers from the same Land Registry data this report is built on, already scoped to NE29. Free after a one click sign in.
Two maps carry on from here: every NE29 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.