Local market reports › NE area › NE33 › NE33 2
Town Centre market report NE33 2, South Shields
The standing NE33 2 (Town Centre) property market report, rebuilt from the full public record every month. Every figure on this page comes from the public record: 2,572 sales registered with HM Land Registry in NE33 2 (South Shields) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the typical home in NE33 2 (South Shields) sold for £139,000 in 2026, the median of 26 registered sales, up 9% on five years earlier. The mean was £146,100, and by floor area homes here have averaged about £1,420 per square metre over the last five years. The figures cover 2,572 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
NE33 2 is one sector of NE33 (South Shields): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where NE33 2 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.
Today's NE33 2 prices, from the sold record
The NE33 2 median stands at £139,000 for 2026, built from 26 registered sales; the mean, the figure usually quoted as the "average house price", is £146,100, somewhat above it, as happens wherever a market carries an expensive tail.
NE33 2 prices by floor area
Per square metre, NE33 2 homes have averaged around £1,420 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
England and Wales as a whole trade at a £285,000 median, leaving NE33 2 51% below the national figure.
The price of a typical NE33 2 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 | £139,000 | £139,000 | 26 |
| 2025 | £130,000 | £133,109 | 49 |
| 2024 | £136,000 | £144,596 | 49 |
| 2023 | £135,000 | £148,332 | 61 |
| 2022 | £127,500 | £149,508 | 81 |
| 2021 | £128,000 | £162,065 | 81 |
| 2020 | £121,000 | £157,000 | 47 |
| 2019 | £115,000 | £150,737 | 53 |
| 2018 | £124,000 | £165,294 | 59 |
| 2017 | £97,000 | £132,298 | 73 |
| 2016 | £119,100 | £166,622 | 62 |
| 2015 | £142,000 | £200,646 | 61 |
| 2014 | £119,000 | £168,822 | 55 |
| 2013 | £110,000 | £158,279 | 46 |
| 2012 | £100,000 | £147,188 | 53 |
| 2011 | £105,000 | £158,510 | 62 |
| 2010 | £110,000 | £172,508 | 55 |
| 2009 | £120,000 | £192,901 | 59 |
| 2008 | £97,000 | £159,003 | 82 |
| 2007 | £101,000 | £171,324 | 120 |
| 2006 | £99,000 | £171,851 | 137 |
| 2005 | £88,000 | £156,605 | 125 |
| 2004 | £90,000 | £163,458 | 129 |
| 2003 | £70,000 | £128,957 | 129 |
| 2002 | £51,000 | £95,956 | 141 |
| 2001 | £43,800 | £84,203 | 143 |
| 2000 | £43,500 | £85,369 | 99 |
| 1999 | £38,000 | £75,732 | 96 |
| 1998 | £42,000 | £84,780 | 91 |
| 1997 | £40,000 | £82,032 | 91 |
| 1996 | £35,200 | £74,235 | 79 |
| 1995 | £35,000 | £76,085 | 78 |
In cash terms the typical NE33 2 home went from £35,000 in 1995 to £139,000 in 2026, roughly 4.0 times the price. Even after inflation that is a real rise of about 83%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2015. The market now sits about 31% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NE33 2 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 2003 (+37.3% on the year before); the weakest, 2017 (−18.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +6.9% | +4.4% |
| 5 years (since 2021) | +1.7% | −3.0% |
| 10 years (since 2016) | +1.6% | −1.8% |
| 20 years (since 2006) | +1.7% | −1.1% |
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.
How many homes change hands in NE33 2
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The register shows 26 NE33 2 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 128 sales a year before the financial crisis and 53 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
The rental side of NE33 2
The local authority for NE33 2 is South Tyneside, and its ONS average private rent currently stands at £726 a month (May 2026 figures). Size sets most of the rent: one-beds average £508 a month here against £1,006 for four or more bedrooms.
Average monthly rent by size, South Tyneside
ONS Price Index of Private Rents, May 2026.
Against the £139,000 median purchase price, a rent of £726 a month (£8,712 a year) works out at a 6.3% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
How NE33 2 trades
This is a thin market: 26 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. Against the NE33 district median, NE33 2 sits 16% higher, marking it as a dearer pocket of the district.
NE33 2 (Town Centre): the questions that come up
Are property prices falling in NE33 2 (Town Centre)?
Is NE33 2 (Town Centre) a good place to buy a house?
How much did a house sell for in NE33 2 (Town Centre)?
What happens to NE33 2 prices now?
The record answers a different question than "what happens next": the median is up 9% over five years in cash but down 14% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
On the market in NE33 today
The live side of the market holds 15 homes at the moment, listed by 5 agents publishing to HomesIndex.
These cover the whole NE33 district, not just NE33 2: live asking prices are collected per district.
33% 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.
- Mozart Street, South Shields, South Shields
- Olive Street, South Shields, NE33, South Shields
- Canterbury Street, South Shields, Tyne and Wear
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 NE33 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.
Bedroom by bedroom: NE prices by size
What homes of each size actually sold for across the NE area, from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| 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. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the NE area is the point: the same five years treated these districts very differently.
NE area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in NE33
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of NE33, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NE33 1 | £127,700 | 8 |
| NE33 3 | £132,500 | 48 |
| NE33 4 | £95,200 | 32 |
| NE33 5 | £110,000 | 17 |
Zoom out to the full NE33 district report for the type split, monthly volumes and how NE33 compares with its neighbours.
Thinking of selling in NE33 2? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NE33 2, open the average prices map and zoom from the NE33 2 shading down to the sold homes on your own street. Every recorded NE33 2 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 NE33 2: the featured spot on this report is free for founding agents, one per district. Claim NE33 2.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NE33 2. Free, with a one click sign in.
Two maps carry on from here: every NE33 2 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.
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.