South Tyneside’s real estate scene in September witnessed interesting transactions, notably homes that sold below their initial listing prices.

Among the 104 residential properties changing hands, a select few stood out for their significant price differences, offering buyers advantageous deals in the market. Here’s an exclusive look at the top 10 homes that fetched prices notably lower than their initial asking rates.

The homes listed below encompass different types of property: terraced houses, semi-detached houses, detached houses and flats, all of which had their deeds filed with the Land Registry during the month of September, irrespective of whether they were sold prior to this period.

10. £9950 (9%) below asking – flat on Poplar Drive

This flat at 24 Poplar Drive in the SR6 postcode area has new owners. It was initially listed for £114,950 and settled at £105,000 after it had been on the market for 28 days, undergoing a 9% price reduction to reach its eventual selling price. The living area totals 592 sqft and the price per sqft ended up at £177. The property has two bedrooms and one bathroom and the energy efficiency of the building is rated C. The sale was settled on 4 August.

9. £10,000 (5%) below asking – semi-detached house on Norfolk Road

Listed at £220,000, this detached house at Norfolk Road in the NE34 postcode area settled at £210,000 after three months and 15 days on the market, reflecting a 5% price reduction. Spanning 990 sqft, the property’s price per sqft was £212. Featuring three bedrooms and one bathroom and a D energy efficiency rating, the transfer of ownership was completed on 5 August.

8. £10,000 (5%) below asking – terraced house on Browns Buildings

With three bedrooms and one bathroom and a D energy efficiency rating, this terraced house in Browns Buildings in the NE36 postcode area, changed hands. Originally listed for £220,000, it sold at £210,000 after a 5% reduction in price after it had been on the market for two months and 18 days. The transfer of ownership was completed on 14 August. The home has a living area of 1,044 sqft and the eventual price per sqft was £201.

7. £10,000 (6%) below asking – terraced house on Horsley Vale

This terraced house at Horsley Vale in the NE34 postcode area has new owners. It was initially listed for £155,000 and settled at £145,000 after it had been on the market for two months and two days, undergoing a 6% price reduction to reach its eventual selling price. The living area totals 904 sqft and the price per sqft ended up at £160. The property comprises three bedrooms and one bathroom, and the property holds a D energy efficiency rating. The sale was finalised on 30 July.

6. £12,499 (4%) below asking – detached house on Stanegate

A detached house at Stanegate in the NE31 postcode area also has new owners. Initially listed for £299,999, it settled at £287,500, marking a 4% price reduction to reach its eventual selling price. It was on the market for three months and one day. Covering 1,151 sqft, the property’s price per sqft ended up at £250. The property offers four bedrooms and two bathrooms and the energy efficiency of the property is rated B. The sale was settled on 25 July.

5. £15,000 (4%) below asking – detached house on Leander Drive

The sale of the detached house at Leander Drive in the NE35 postcode area was finalised on July 15. It was originally listed for £340,000 and was sold for £325,000 after it had been on the market for 21 days, displaying a 4% price reduction. The home has a living area of 1,044 sqft and the price per sqft settled at £311. The property consists of three bedrooms and two bathrooms, and the property has an energy efficiency rating of D.

4. £16,000 (10%) below asking – terraced house on Raleigh Close

Listed at £154,000, this detached house at Raleigh Close in the NE33 postcode area settled at £138,000, reflecting a 10% price reduction. Spanning 527 sqft, the property’s price per sqft was £262. Featuring three bedrooms and a D energy efficiency rating, the transfer of ownership was completed on 1 August.

3. £20,000 (6%) below asking – detached house on High Back Close

A detached house at High Back Close in the NE32 postcode area also has new owners. Initially listed for £330,000, it settled at £310,000, marking a 6% price reduction to reach its eventual selling price. It remained on the market for a duration of one month and 21 days. Covering 1,108 sqft, the property’s price per sqft ended up at £280. The property has three bedrooms and one bathroom and the energy efficiency of the property is rated C. The sale was completed on 14 August.

2. £23,000 (13%) below asking – terraced house on Harton House Road

With two bedrooms and one bathroom and a D energy efficiency rating, this terraced house in Harton House Road in the NE34 postcode area, changed hands. Originally listed for £175,000, it sold at £152,000 after a 13% reduction in price after it had been on the market for eight months and four days. The transfer of ownership was completed on 1 August. The home has a living area of 882 sqft and the eventual price per sqft was £172.

1. £33,000 (16%) below asking – semi-detached house on Beaconside

The sale of the semi-detached house at Beaconside in the NE34 postcode area was finalised on July 25. It was originally listed for £201,000 and was sold for £168,000, displaying a 16% price reduction. The home has a living area of 667 sqft and the price per sqft settled at £252. The property offers three bedrooms and the energy efficiency of the property is rated E.