Property profile

8 Abbots Way

NE29 8LX

Preston with Preston Grange

Area profile →

Map showing 8, Abbots Way, North Shields

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£505,000

Detached sold in Preston with Preston Grange

The box shows the middle 50% of detached sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold15 Feb 2019
£388,000Change since last sale: +£117,000 (+30%)
Annualised change
+3.5% per yearNorth Tyneside annualised change (detached) since 2019: +3.9% per yearThis property's value is moving in line with the market
Price per sq ftLocal median £320 per sq ft
£317 per sq ftEstimate vs local median: −£3 per sq ft (−1.0%)
Local sold pricesMedian for detached in Preston with Preston Grange
£396,250Estimate vs local median: +£109,000 (+27%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / Detached
TenureLeasehold
Construction period1996-2002
Floor area148 m² / 1,593 sq ft
Rooms7 habitable / 7 heated
EPC ratingC
EPC inspection06 Sept 2018

Sales history

DatePriceChange
15 Feb 2019£388,000+146%
08 Mar 2001£157,950-

Local market

Property prices in Preston with Preston Grange

Median price£242,050
Price per sq ft£234
Sales (last 12 months)129
Typical range (middle 50%)£160K – £322K

Based on 129 recent sales, the median property price is £242,050 (about £234 per square foot) in Preston with Preston Grange area, with individual transactions ranging from £55,000 up to £750,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Preston with Preston Grange over the last year.
TypeSalesMedian£/sq ft
Detached16£396,250£320
Terraced34£291,475£234
Semi-Detached29£280,000£270
Flats50£155,000£205

10-year price trendmedian sale price in Preston with Preston Grange

Sale price

Ten year median sale price trend for each property type in Preston with Preston Grange.
YearDetachedFlatsSemi-DetachedTerraced
2016£299,950£99,000£182,500£189,950
2017£299,950£105,000£182,500£188,375
2018£304,950£110,000£202,000£202,500
2019£310,000£107,000£211,500£202,500
2020£300,000£119,500£198,975£195,000
2021£350,000£122,000£225,000£228,000
2022£350,000£136,500£270,000£253,000
2023£357,500£136,000£265,000£259,950
2024£380,000£138,000£258,500£285,000
2025£377,500£147,500£277,500£282,500
2026£415,000£159,950£280,000£277,475
Ten year median sale price trend for each property type in Preston with Preston Grange.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Preston with Preston Grange.
YearDetachedFlatsSemi-DetachedTerraced
2016£229£116£190£168
2017£228£147£196£165
2018£231£143£189£160
2019£237£145£203£171
2020£248£150£200£178
2021£258£161£225£192
2022£314£186£275£205
2023£292£183£261£220
2024£327£184£256£226
2025£296£194£282£233
2026£329£215£237£238
Ten year median sale price per square foot trend for each property type in Preston with Preston Grange.

Price distribution by property typelast 12 months

Price distribution by property type for Preston with Preston Grange in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near NE29 8LX.

Recent sold properties in the last 18 months near NE29 8LX
DateAddressTypeTenurePriceMap
20 Feb 202626, Abbots Way, North Shields, NE29 8LXSemi-DetachedFreehold£292,000
25 Nov 202541, Devon Road, North Shields, NE29 8PLSemi-DetachedFreehold£245,000
30 Apr 202538, Devon Road, North Shields, NE29 8PLTerracedFreehold£239,950
21 Aug 202515, Somerset Grove, North Shields, NE29 8PNTerracedFreehold£210,000
10 Jul 20254, Somerset Grove, North Shields, NE29 8PNSemi-DetachedFreehold£150,000

Other properties at this postcode

AddressTenureFloor areaLast sale
10, Abbots Way, North ShieldsLeasehold118 m²£345,000 (2018)
14, Abbots Way, North ShieldsFreehold82 m²£249,950 (2011)
18, Abbots Way, North ShieldsFreehold80 m²£255,000 (2020)
20, Abbots Way, North ShieldsLeasehold88 m²£267,250 (2020)
24 Abbots Way, North ShieldsLeasehold128 m²£72,500 (1997)
26 Abbots Way, North ShieldsFreehold92 m²£292,000 (2026)
28 Abbots Way, North ShieldsFreehold107 m²£320,000 (2023)
30 Abbots Way, North Shields-148 m²-
34 Abbots Way, North ShieldsFreehold108 m²£411,500 (2024)
38 Abbots Way, North ShieldsLeasehold88 m²£218,000 (2015)

Area insights for NE29 8LX

Full area profile →

Overview

Postcode NE29 8LX is located in a major urban area, within the Preston with Preston Grange ward of North Tyneside in the North East region, and forms part of the Preston Grange area. It has very low deprivation and low crime levels, with around 42.4 crimes per 1,000 residents per year, about 64% below the North East average of 117 per 1,000. The average income per household in Preston Grange is £60,396 per year. The nearest station is Seaton Delaval, about 4.4 miles away. There are 6 primary and 3 secondary schools in the area.

Crime rate
4/10
Crimes per 1k residents
42
Deprivation level
1/10
Income level
10/10
Social housing
1.4%
Connectivity
N/A
Flood Risk
No risk
Noise Level
Low

Deprivation level

1/10

Preston Grange has a very low level of deprivation, ranked at position 33,242 out of 32,844 areas in the United Kingdom, placing it within the bottom 1% least deprived areas in England.

Crime level

4/10

Preston Grange has a low crime rate, with approximately 42.4 reported incidents per 1,000 population each year.

Social housing

1.4%

Approximately 1.4% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 8.6% of dwellings are socially rented.

Income level

10/10

The average income per household in Preston Grange is £60,396 per year.

Noise Level

Low

Low noise level (55.0-59.9 dB) from road, approximately 193 ft away from NE29 8LX.

Flood risk

No risk

Preston Grange near NE29 8LX has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Seaton Delaval located about 4.4 miles away. There are no other stations nearby.

Parks

No parks nearby

Area Profile

Population
356
Population density
4,570 per km²

Crime

Crime per 1,000 population

Shoplifting
25.2(+115%)
Violence and sexual offences
15.37(-60%)
Anti-social behaviour
9.83(-55%)
Public order
7.99(-2%)
Other crime
4.3(+16%)
North East average

Demographics

Ethnic groups

British
304
85.63%
Other White
15
4.23%
Chinese
11
3.1%
Indian
10
2.82%
African
5
1.41%
Total population: 355

Economics

Education (age 16+)

Level 4+ (Degree)
124
41.61%
Level 3 (A level)
64
21.48%
Level 2 (GCSEs 9-4)
38
12.75%
No qualifications
30
10.07%
Level 1 (GCSEs 3-1)
22
7.38%
Total 16+ residents: 298

Housing

Housing tenure

Owns outright
68
48.92%
Owns with a mortgage
61
43.88%
Private landlord or letting agency
6
4.32%
Other forms of private rent
2
1.44%
Social rents from council
1
0.72%
Total households: 139

Schools

In the NE29 8LX postcode area, located within Preston Grange, there are 6 primary and 3 secondary schools in close proximity.

Nearby primary and secondary schools for NE29 8LX
DistancePhaseNameTypeRating
0.4 miPrimaryWhitehouse Primary SchoolAcademy sponsor led

N/A

0.4 miPrimaryPreston Grange Primary SchoolFoundation school

Good

0.5 miSecondarySt Thomas More Catholic High SchoolAcademy converter

Good

Local amenities

4 nearby supermarkets & convenience stores within mi of NE29 8LX

Nearby supermarkets & convenience stores for NE29 8LX
DistanceNameAddressDirections
0.2 miFamily ChoiceBlandford Road, North Tyneside, NE29 8NXWalking directions to Family Choice
0.3 miLidlRake Lane, Preston Grange, North Shields, NE29 9QSWalking directions to Lidl
0.4 miLifestyle ExpressNetherton Avenue, North Tyneside, NE29 8JHWalking directions to Lifestyle Express
0.4 miOne Stop63 St Anselm Road, North Shields, NE29 8BDWalking directions to One Stop