House prices in NE33 3 (South Shields)

This article reveals price per square metre data and various charts to help you understand current housing market in 'NE33 3' (South Shields) - statistics were last calculated on 30 August 2024.

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Defining 'NE33 3'

This analysis is limited to properties whose postcode starts with "NE33 3", 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 South Shields.

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

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Change sector

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

Price per square metre

Knowing the average house price in South 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. 14, Leighton Street, South Shields, sold for £63,500 on Jul-2024. Given the internal area of 55 square metres, the price per sqm is £1,154.

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. £1,900-£2,000, £2,000-£2,100, £2,100-£2,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 193 sales in South Shields (NE33 3) that took place in the last two years.

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 South Shields (NE33 3). Of the 193 transactions, half were sold for between £1,210 and £2,200 per square metre. The median, or 'middle', price per square metre in 'NE33 3' is £1,600. Notably, only 25% of properties that sold recently were valued at more than £2,200 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 South 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 South 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.

House price heatmap for South Shields

Comparison with neighbouring postcode sectors

The table below shows how 'NE33 3' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
NE33 3 South Shields	£1,210 sqm	£1,600 sqm	£2,200 sqm
NE33 1 South Shields	£1,680 sqm	£2,040 sqm	£2,440 sqm
NE33 2 South Shields	£1,160 sqm	£1,430 sqm	£1,720 sqm
NE33 5 South Shields	£840 sqm	£1,250 sqm	£2,020 sqm
NE33 4 South Shields	£950 sqm	£1,170 sqm	£1,600 sqm

Will South 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 NE33 3 (South Shields) compared with both the wider area NE33 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

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.

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 South 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 South 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
St Vincent Street, South Shields, NE33 3A	75 sqm	£1,109	26
Sea Winnings Way, South Shields, NE33 3N	58 sqm	£1,942	24
St Vincent Street, South Shields, NE33 3B	78 sqm	£1,196	20
Coleridge Avenue, South Shields, NE33 3H	73 sqm	£1,530	16
Mowbray Road, South Shields, NE33 3B	70 sqm	£1,470	16
Rosebery Avenue, South Shields, NE33 3E	120 sqm	£1,509	16
Leighton Street, South Shields, NE33 3B	72 sqm	£1,127	14
Brass Thill Way, South Shields, NE33 3G	67 sqm	£2,200	14

Search for your street here.

Raw data

Our analysis of South 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
14, Leighton St, South Shields	£63,500 Jul-2024	55	1,154
126, St Vincent St, South Shields	£59,000 Jul-2024	71	830
99, Sea Winnings Way, South Shields	£88,000 Jul-2024	44	2,000

See the entire list of all sales in South Shields (NE33 3) here.