House prices in NE30 2 (North Shields)

This article reveals price per square metre data and various charts to help you understand current housing market in 'NE30 2' (North Shields) - statistics were last calculated on 30 August 2024.


Defining 'NE30 2'

This analysis is limited to properties whose postcode starts with "NE30 2", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it North Shields.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in North Shields is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 52, Haswell Gardens, North Shields, sold for £165,000 on Jun-2024. Given the internal area of 52 square metres, the price per sqm is £3,173.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 208 sales in North Shields (NE30 2) that took place in the last two years.

Distribution of £ per sqm for North Shields
Distribution of £ per sqm house prices in North Shields

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in North Shields (NE30 2). Of the 208 transactions, half were sold for between £2,140 and £3,440 per square metre. The median, or 'middle', price per square metre in 'NE30 2' is £2,690. Notably, only 25% of properties that sold recently were valued at more than £3,440 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for North Shields

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring North Shields. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for North Shields
House price heatmap for North Shields

Comparison with neighbouring postcode sectors

The table below shows how 'NE30 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
NE30 4 North Shields £2,460 sqm £2,980 sqm £3,710 sqm
NE30 1 North Shields £1,900 sqm £2,200 sqm £2,790 sqm
NE30 2 North Shields £2,140 sqm £2,690 sqm £3,440 sqm
NE30 3 North Shields £2,790 sqm £3,300 sqm £3,930 sqm

Will North Shields house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for NE30 2 (North Shields) compared with both the wider area NE30 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in North Shields,North Shields
House price trends for North Shields

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent NE30 2 sales
Recent trends for North Shields

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for North Shields to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about North Shields and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Trevor Terrace, North Shields, NE30 2D 73 sqm £1,847 32
Haswell Gardens, North Shields, NE30 2D 64 sqm £2,886 28
Bamborough Terrace, North Shields, NE30 2B 78 sqm £1,927 26
Monks Wood, North Shields, NE30 2U 94 sqm £3,150 22
Park Crescent, North Shields, NE30 2H 107 sqm £2,451 19
Belford Terrace, North Shields, NE30 2B 70 sqm £1,836 17
Washington Terrace, North Shields, NE30 2H 110 sqm £2,256 17
Brock Farm Court, North Shields, NE30 2B 76 sqm £2,306 14

Search for your street here.

Raw data

Our analysis of North Shields is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
52, Haswell Gardens, North Shields £165,000
Jun-2024
52 3,173
52, North King St, North Shields £145,000
Jun-2024
75 1,933
32, Edith St, North Shields £325,000
Jun-2024
117 2,777

See the entire list of all sales in North Shields (NE30 2) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.