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

Among the 126 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 in the list below concern different types of property: terraced houses, semi-detached houses, detached houses and flats, where the deeds were filed with the Land Registry during the month of September, even if the properties may have been sold earlier.

10. £14,950 (5%) below asking – detached house on Grange Park

A detached house at Grange Park in the NE25 postcode area changed hands. Initially listed for £329,950, it settled at £315,000, marking a 5% price reduction to reach its eventual selling price. It was on the market for six months and 15 days. Covering 1,044 sqft, the property’s price per sqft ended up at £302. The property offers three bedrooms and one bathroom and the energy efficiency of the property is rated E. The sale was completed on 31 July.

9. £15,000 (3%) below asking – detached house on Dipton Road

A detached house at Dipton Road in the NE25 postcode area also has new owners. Initially listed for £500,000, it settled at £485,000, marking a 3% price reduction to reach its eventual selling price. It remained on the market for a duration of three months and eight days. Covering 1,323 sqft, the property’s price per sqft ended up at £367. The property comprises four bedrooms and one bathroom, and the property holds a D energy efficiency rating. The sale was completed on 25 July.

8. £15,000 (6%) below asking – semi-detached house on Roker Avenue

The sale of the semi-detached house at Roker Avenue in the NE25 postcode area was finalised on July 29. It was originally listed for £270,000 and was sold for £255,000 after it had been on the market for 28 days, displaying a 6% price reduction. The home has a living area of 990 sqft and the price per sqft settled at £258. The property consists of three bedrooms and one bathroom, and the property has an energy efficiency rating of C.

7. £15,500 (11%) below asking – terraced house on Gardner Park

This terraced house at Gardner Park in the NE29 postcode area has new owners. It was initially listed for £140,000 and settled at £124,500 after it had been on the market for eight days, undergoing a 11% price reduction to reach its eventual selling price. The living area totals 527 sqft and the price per sqft ended up at £236. The property has two bedrooms and one bathroom and the energy efficiency of the property is rated D. The sale was settled on 8 August.

6. £25,000 (3%) below asking – detached house on The Broadway

With four bedrooms and three bathrooms and a C energy efficiency rating, this detached house at The Broadway in the NE30 postcode area, changed hands. Originally listed for £725,000, it sold at £700,000 after a 3% reduction in price. The transfer of ownership was completed on 5 August. The home has a living area of 1,668 sqft and the eventual price per sqft was £420.

5. £25,000 (7%) below asking – semi-detached house on The Broadway

Listed at £375,000, this detached house at The Broadway in the NE30 postcode area settled at £350,000 after 15 days on the market, reflecting a 7% price reduction. Spanning 1,162 sqft, the property’s price per sqft was £301. Featuring three bedrooms and one bathroom and a D energy efficiency rating, the transfer of ownership was completed on 1 August.

4. £25,000 (7%) below asking – detached house on West Farm Court

Listed at £375,000, this detached house in West Farm Court in the NE12 postcode area settled at £350,000, reflecting a 7% price reduction. Spanning 960 sqft, the property’s price per sqft was £365. With four bedrooms and three bathrooms and a D energy efficiency rating, the transfer of ownership was completed on 15 August.

3. £30,000 (5%) below asking – semi-detached house on Forest Avenue

A semi-detached house at Forest Avenue in the NE12 postcode area also has new owners. Initially listed for £550,000, it settled at £520,000, marking a 5% price reduction to reach its eventual selling price. It was on the market for 15 days. Covering 2,131 sqft, the property’s price per sqft ended up at £244. The property comprises five bedrooms and one bathroom, and the property holds a D energy efficiency rating. The sale was finalised on 23 July.

2. £32,950 (12%) below asking – detached house on Lancaster Drive

This detached house at Lancaster Drive in the NE28 postcode area has new owners. It was initially listed for £279,950 and settled at £247,000 after it had been on the market for 21 days, undergoing a 12% price reduction to reach its eventual selling price. The living area totals 850 sqft and the price per sqft ended up at £291. The property consists of three bedrooms and one bathroom, and the property has an energy efficiency rating of D. The sale was completed on 1 August.

1. £67,500 (16%) below asking – terraced house on The Broadway

Featuring three bedrooms and one bathroom and a D energy efficiency rating, this terraced house at The Broadway in the NE30 postcode area, changed hands. Originally listed for £435,000, it sold at £367,500 after a 16% reduction in price after it had been on the market for seven days. The transfer of ownership was completed on 25 July. The home has a living area of 1,044 sqft and the eventual price per sqft was £352.