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South Shields House Prices

The average house price in South Shields is £138,665 using HM Land Registry data.

The average property price increased by £19,222 (13.38%) over the last 5 years and increased by £3,843 (2.42%) over the last 12 months.

Over the last year, there were 678 residential property sales – a decrease of 231 transactions (-34.07%) relative to the previous year. The majority of house sales (164) were in the £70,000 - £112,000 range. Then came properties in the £112,000 - £154,000 range, where 159 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,220 (-3%).

In Oct 24, there were new estate agency instructions, agreed home sales and property price reductions.

5-Year Average Property Prices in South Shields

13.38%

Property prices in South Shields increased by 13.38% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in South Shields Over the Last Year

2.42%

Property prices in South Shields increased by 2.42% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for South Shields - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in South Shields

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in South Shields

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in South Shields

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the South Shields since 1995

Using HM Land Registry data, this chart displays average annual house prices in the South Shields area since 1995.

Recent Property Sales in South Shields

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
360 Stanhope Road, South Shields, Tyne And Wear, NE33 4RB	£59,000	£58,000	-£1,000	29 Feb 2024	19 Aug 2024	172 Days
225 Stanhope Road, South Shields, Tyne And Wear, NE33 4RT	£95,000	£92,000	-£3,000	15 Mar 2024	19 Aug 2024	157 Days
92 Canterbury Street, South Shields, Tyne And Wear, NE33 4DD	£74,950	£60,000	-£14,950	09 Aug 2014	16 Aug 2024	3660 Days
25 Grotto Road, South Shields, Tyne And Wear, NE34 7AQ	£215,000	£211,000	-£4,000	15 Mar 2024	13 Aug 2024	151 Days
27 Mariners Cottages, South Shields, Tyne And Wear, NE33 2NG	£249,950	£243,750	-£6,200	26 Sep 2023	12 Aug 2024	321 Days
26 Crofton Street, South Shields, Tyne And Wear, NE34 0QP	£90,000	£90,000	£00	26 Jun 2024	02 Aug 2024	37 Days
25 Callum Drive, South Shields, Tyne And Wear, NE34 6TZ	£360,000	£357,500	-£2,500	01 May 2024	31 Jul 2024	91 Days
56 Horsley Hill Road, South Shields, Tyne And Wear, NE33 3EP	£250,000	£247,000	-£3,000	13 Feb 2024	23 Jul 2024	161 Days
60 Mowbray Road, South Shields, Tyne And Wear, NE33 3AX	£300,000	£280,000	-£20,000	14 Nov 2023	22 Jul 2024	251 Days
42 Oxford Avenue, South Shields, Tyne And Wear, NE33 4TP	£85,000	£82,500	-£2,500	24 May 2022	19 Jul 2024	787 Days
131 Mowbray Road, South Shields, Tyne And Wear, NE33 3BA	£124,950	£124,000	-£950	07 Jan 2024	18 Jul 2024	193 Days
97 Birchington Avenue, South Shields, Tyne And Wear, NE33 4SB	£75,000	£73,750	-£1,250	17 May 2024	17 Jul 2024	61 Days
31 Sydney Gardens, South Shields, Tyne And Wear, NE34 9DZ	£120,000	£113,000	-£7,000	13 Dec 2023	12 Jul 2024	212 Days
17 Central Gardens, South Shields, Tyne And Wear, NE34 6BA	£240,000	£230,000	-£10,000	19 Feb 2024	28 Jun 2024	130 Days
31 School Approach, South Shields, Tyne And Wear, NE34 6DR	£210,000	£197,500	-£12,500	08 Nov 2023	28 Jun 2024	233 Days
30 Central Avenue, South Shields, Tyne And Wear, NE34 6AZ	£399,950	£390,000	-£9,950	26 Jan 2024	25 Jun 2024	151 Days
103 West Avenue, South Shields, Tyne And Wear, NE34 6BH	£330,000	£322,500	-£7,500	05 Feb 2024	21 Jun 2024	137 Days
27 Horsley Hill Road, South Shields, Tyne And Wear, NE33 3ET	£235,000	£228,000	-£7,000	06 Apr 2024	21 Jun 2024	76 Days
17 Fallow Road, South Shields, Tyne And Wear, NE34 7AG	£284,950	£277,500	-£7,450	13 Nov 2023	14 Jun 2024	214 Days
32 Sunnirise, South Shields, Tyne And Wear, NE34 8DP	£365,000	£360,000	-£5,000	17 Feb 2024	14 Jun 2024	118 Days

Most Expensive Streets in South Shields

Postcode	Street	Area	Average	No. of Sales
NE34 8BU	Parkshiel	South Shields	£481,750	4
NE33 3EB	Westoe Village	South Shields	£448,000	5
NE34 6BB	North Avenue	South Shields	£442,500	3
NE34 6AQ	Sunderland Road	South Shields	£428,125	4
NE34 0EU	King George Road	South Shields	£422,500	6
NE33 2QU	Beach Road	South Shields	£393,331	3
NE34 6AA	Moore Avenue	South Shields	£372,790	5
NE33 3NQ	The Broadway	South Shields	£368,875	8
NE34 6EX	Tynedale Road	South Shields	£367,000	5
NE34 8DN	Sunnirise	South Shields	£360,666	3

Least Expensive Streets in South Shields

Postcode	Street	Area	Average	No. of Sales
NE33 5HP	John Williamson Street	South Shields	£48,000	3
NE33 5HS	John Williamson Street	South Shields	£53,249	4
NE33 3DJ	Mowbray Mews	Back Eccleston Road	£53,333	3
NE33 4SY	Revesby Street	South Shields	£54,000	3
NE33 4JY	Collingwood Street	South Shields	£55,071	7
NE33 4ST	Stanhope Road	South Shields	£58,000	3
NE33 5AW	Taylor Street	South Shields	£58,071	7
NE33 5PD	Marshall Wallis Road	South Shields	£58,281	8
NE33 4BY	Northcote Street	South Shields	£58,500	7
NE33 3JP	Candlish Street	South Shields	£59,416	6