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3 Rake Lane, North Shields, North Tyneside, Tyne And Wear, NE29 8EY

How much is 3 Rake Lane, North Shields, North Tyneside, Tyne And Wear, NE29 8EY worth?

Estimated value — November 2026

£187,000

Likely range £150,000 – £234,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale August 1997

59%

confidence

Medium

Typically within 10% of the sale price

Property details

Semi-detached house

Rake Lane · North Shields · NE29 8EY

Address

District
North Tyneside
County
Tyne and Wear
See house prices in NE29 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£100k£200k£300k20002002200420062008201020122014201620182020202220242026£187,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£40,969£35,098 – £47,637
2001£47,016£39,898 – £54,923
2002£64,326£54,104 – £75,737
2003£78,945£65,889 – £93,343
2004£100,399£83,325 – £118,828
2005£105,401£86,973 – £125,067
2006£111,726£91,502 – £133,189
2007£116,928£95,018 – £140,176
2008£101,746£82,161 – £122,583
2009£105,480£84,875 – £127,902
2010£106,578£85,782 – £129,900
2011£102,442£82,359 – £125,766
2012£104,805£84,259 – £129,360
2013£106,506£94,637 – £121,583
2014£116,272£102,521 – £133,739
2015£121,623£106,410 – £140,948
2016£123,895£107,552 – £144,655
2017£128,546£110,713 – £151,199
2018£132,911£113,565 – £157,485
2019£134,421£113,939 – £160,439
2020£142,256£119,609 – £171,024
2021£150,769£125,738 – £182,565
2022£169,692£140,362 – £206,949
2023£164,092£134,610 – £201,542
2024£174,641£142,072 – £216,012
2025£180,293£145,440 – £224,566
2026£187,000£150,000 – £234,000

Sale history

1997Sold
£36,500
2026Today — estimated
+412%£187,000

Mortgage calculator

£1,004

Estimated monthly repayment

£168,300

Loan amount

£193,010

Total interest

£361,310

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

3 Rake Lane, North Shields, North Tyneside, Tyne And Wear, NE29 8EY is a semi-detached house on Rake Lane in North Shields, Tyne and Wear. Stede's estimated value for November 2026 is £187,000. Four in five similar homes sold within their likely range when tested; for this property that range is £150,000 to £234,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 3 similar homes in the same postcode (25%). The confidence score is 59 out of 100 (medium): estimates like this one are typically within 10% of the eventual sale price.

It last sold in August 1997 for £36,500. The current estimate is 412% higher than that price. The current owner has held it for about 29 years.

The modelled value is up 4% over the past year and up 23% over the past five years.

Among 10 nearby properties Stede tracks in the NE29 area, estimated values run from £194,000 to £273,000. This semi-detached house's £187,000 sits below that range.

Common questions

How much is 3 Rake Lane, North Shields, North Tyneside, Tyne And Wear, NE29 8EY worth?

Stede estimates 3 Rake Lane, North Shields, North Tyneside, Tyne And Wear, NE29 8EY is worth £187,000 as of November 2026, within a likely range of £150,000 to £234,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did 3 Rake Lane, North Shields, North Tyneside, Tyne And Wear, NE29 8EY last sell?

It last sold in August 1997 for £36,500.

What type of property is 3 Rake Lane, North Shields, North Tyneside, Tyne And Wear, NE29 8EY?

It is recorded as a Semi-detached house on Rake Lane in the NE29 postcode area.

How reliable is this estimate?

The confidence score is 59 out of 100 (medium). Tested against real sales of similar homes, estimates like this one are typically within 10% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 3 similar homes in the same postcode (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 30,217 real sales of similar homes.

  • Its sale in August 1997, brought up to today with the House Price Index£171,68375%
  • 3 similar homes sold recently in the same postcode£234,93125%

Estimate £187,000, likely £150,000 – £234,000

Read the full methodology and data sources →