Local market reports › NE area › NE33 › NE33 3
Town Centre market report NE33 3, South Shields
The NE33 3 (Town Centre) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 5,501 sales recorded by HM Land Registry in NE33 3 (South Shields) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the typical home in NE33 3 (South Shields) sold for £132,500 in 2026, the median of 48 registered sales, up 10% on five years earlier. The mean was £142,300, and by floor area homes here have averaged about £1,760 per square metre over the last five years. The figures cover 5,501 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
NE33 3 is a postcode sector: one group of streets inside NE33 (South Shields). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where NE33 3 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 a home in NE33 3 sells for
48 sales were registered in NE33 3 in 2026, and the middle one of them, the median, went for £132,500. The mean works out at £142,300, modestly above it, the usual shape of a market with an expensive tail.
NE33 3 prices by floor area
Measured by floor area, the last five years of NE33 3 sales average about £1,760 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
England and Wales as a whole trade at a £285,000 median, leaving NE33 3 54% below the national figure.
NE33 3'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 | £132,500 | £132,500 | 48 |
| 2025 | £140,000 | £143,348 | 119 |
| 2024 | £135,000 | £143,533 | 113 |
| 2023 | £125,000 | £137,344 | 126 |
| 2022 | £127,000 | £148,922 | 161 |
| 2021 | £120,000 | £151,935 | 191 |
| 2020 | £130,000 | £168,678 | 118 |
| 2019 | £120,000 | £157,291 | 139 |
| 2018 | £124,500 | £165,961 | 116 |
| 2017 | £117,000 | £159,576 | 123 |
| 2016 | £110,000 | £153,891 | 88 |
| 2015 | £118,000 | £166,734 | 131 |
| 2014 | £110,000 | £156,054 | 145 |
| 2013 | £115,000 | £165,474 | 120 |
| 2012 | £100,800 | £148,365 | 107 |
| 2011 | £90,000 | £135,865 | 175 |
| 2010 | £120,000 | £188,191 | 140 |
| 2009 | £100,000 | £160,751 | 127 |
| 2008 | £110,500 | £181,133 | 182 |
| 2007 | £129,000 | £218,820 | 323 |
| 2006 | £119,500 | £207,437 | 346 |
| 2005 | £115,000 | £204,654 | 327 |
| 2004 | £104,000 | £188,884 | 351 |
| 2003 | £74,000 | £136,326 | 318 |
| 2002 | £45,000 | £84,667 | 232 |
| 2001 | £41,500 | £79,782 | 175 |
| 2000 | £40,000 | £78,500 | 183 |
| 1999 | £38,200 | £76,131 | 160 |
| 1998 | £37,500 | £75,696 | 191 |
| 1997 | £37,500 | £76,905 | 170 |
| 1996 | £38,000 | £80,140 | 147 |
| 1995 | £31,500 | £68,476 | 109 |
In cash terms the typical NE33 3 home went from £31,500 in 1995 to £132,500 in 2026, roughly 4 times the price. Adjusted for inflation it still comes to a real rise of roughly 93%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2007. The market now sits about 39% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NE33 3 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 (+64.4% on the year before); the weakest, 2011 (−25.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What NE33 3 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −5.4% | −7.6% |
| 5 years (since 2021) | +2.0% | −2.7% |
| 10 years (since 2016) | +1.9% | −1.5% |
| 20 years (since 2006) | +0.5% | −2.2% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
The turnover behind the prices
How many homes change hands
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.
The register shows 48 NE33 3 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 282 sales a year before the financial crisis and 113 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What kind of market NE33 3 is
This is a thin market: 48 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. Within NE33, this sector trades 10% above the district median: one of the dearer corners of its district.
The rental side of NE33 3
The local authority for NE33 3 is South Tyneside, and its ONS average private rent currently stands at £726 a month (May 2026 figures). The spread runs from £508 a month for a typical one-bed to £1,006 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, South Tyneside
ONS Price Index of Private Rents, May 2026.
Set against the £132,500 median sold price, £726 a month is £8,712 a year, a gross yield of 6.6%: 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: NE33 3 (Town Centre)
How much did a house sell for in NE33 3 (Town Centre)?
Are property prices falling in NE33 3 (Town Centre)?
Is NE33 3 (Town Centre) a good place to buy a house?
Will NE33 3 prices rise from here?
That question has no honest answer, only evidence. The evidence: the median is up 10% over five years in cash but down 13% 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.
What is for sale in NE33 right now
This is what you could actually buy today: 15 homes currently on the market from 5 agents publishing to HomesIndex.
These cover the whole NE33 district, not just NE33 3: live asking prices are collected per district.
33% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Mozart Street, South Shields, South Shields
- Olive Street, South Shields, NE33, South Shields
- Canterbury Street, South Shields, Tyne and Wear
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
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.
The price of an extra bedroom in NE
The Land Registry record, split by size: what each kind of home actually sold for across the NE area. 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. 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
The biggest risers and fallers in cash terms; every row links to that district's 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 2 | £139,000 | 26 |
| 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.
Before you sell in NE33 3: what the record supports
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in NE33 3, use the average prices map for a rough value: zoom from NE33 3's shading down to the sold homes on your own street. The figures above are every recorded NE33 3 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working NE33 3: the featured spot on this report is free for founding agents, one per district. Claim NE33 3.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NE33 3. Free, with a one click sign in.
See every individual NE33 3 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale 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.