House prices in NE34 9 (South Shields)

This article reveals price per square metre data and various charts to help you understand current housing market in 'NE34 9' (South Shields) - statistics were last calculated on 30 August 2024.


Defining 'NE34 9'

This analysis is limited to properties whose postcode starts with "NE34 9", 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.

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. 31, Sydney Gardens, South Shields, sold for £113,000 on Jul-2024. Given the internal area of 69 square metres, the price per sqm is £1,637.

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 140 sales in South Shields (NE34 9) that took place in the last two years.

Distribution of £ per sqm for South Shields
Distribution of £ per sqm house prices in South 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 South Shields (NE34 9). Of the 140 transactions, half were sold for between £1,290 and £1,820 per square metre. The median, or 'middle', price per square metre in 'NE34 9' is £1,560. Notably, only 25% of properties that sold recently were valued at more than £1,820 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.

Property price heatmap for South Shields
House price heatmap for South Shields

Comparison with neighbouring postcode sectors

The table below shows how 'NE34 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
NE34 0 South Shields £1,160 sqm £1,560 sqm £2,180 sqm
NE34 9 South Shields £1,290 sqm £1,560 sqm £1,820 sqm
NE34 8 South Shields £1,470 sqm £1,760 sqm £2,350 sqm
NE34 7 South Shields £1,690 sqm £1,990 sqm £2,510 sqm
NE34 6 South Shields £1,820 sqm £2,240 sqm £2,710 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 NE34 9 (South Shields) compared with both the wider area NE34 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 South Shields,South Shields
House price trends for South 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 NE34 9 sales
Recent trends for South 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 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
Westcliffe Way, South Shields, NE34 9H 65 sqm £2,196 17
Woolf Drive, South Shields, NE34 9J 84 sqm £2,065 12
Bronte Way, South Shields, NE34 9J 83 sqm £1,973 11
Collin Drive, South Shields, NE34 9F 79 sqm £2,063 11
Grays Walk, South Shields, NE34 9L 77 sqm £1,283 10
Drummond Crescent, South Shields, NE34 9Q 82 sqm £1,323 9
Melbourne Gardens, South Shields, NE34 9D 72 sqm £1,387 8
Fox Avenue, South Shields, NE34 9R 76 sqm £1,352 8

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
31, Sydney Gardens, South Shields £113,000
Jul-2024
69 1,637
41, Peel Gardens, South Shields £90,000
Jul-2024
73 1,232
23, Ayrey Avenue, South Shields £115,000
Jun-2024
82 1,402

See the entire list of all sales in South Shields (NE34 9) 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.