Property Data OutlookNE32
8,523 recorded transactions · Part of South Tyneside
Compare with another area →Market outlook for NE32
Key indicators for buyers
The NE32 market looks favourable for buyers. Prices have softened (-13.3%), which could present a buying opportunity. Affordability has improved from a peak of 6.0x in 2021 to 5.2x today. Rising rents (£718/mo, +7.3%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider South Tyneside area
A home in South Tyneside costs 5.2x the local median salary — moderate, improving from a peak of 6.0x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider South Tyneside area
Average monthly rent in South Tyneside is £718, up 7.3% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average South Tyneside price of £137,607 with a 25% deposit (£34k), a 2-year fixed mortgage at 3.97% costs around £543 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses NE32 avg. price with South Tyneside rental data
Monthly mortgage payments (£543) are £175 less than renting (£718). However, buying requires an upfront deposit of £34k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
116, BOROUGH ROAD NE32 5XW | Semi-detached | £138,000 | 23 Jan 2026 |
23, PARK ROAD NE32 5JH | Terraced | £150,000 | 22 Jan 2026 |
60, LABURNUM GARDENS NE32 5NF | Semi-detached | £180,000 | 16 Jan 2026 |
22, SIMONSIDE VIEW NE32 5TS | Semi-detached | £196,000 | 16 Jan 2026 |
17, HILL PARK ROAD NE32 5XL | Flat/Maisonette | £33,750 | 12 Jan 2026 |
39, CAROLINE STREET NE32 5HP | Terraced | £120,000 | 9 Jan 2026 |
11, WANSBECK ROAD NE32 5ST | Terraced |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.