1, MADEIRA AVENUE, WHITLEY BAY, NE26 1SF - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MADEIRA AVENUE is a large extended detached house of 149m², built sometime between 1930 and 1949. It was last sold for £350,000 in March 2024, which was around 3% below the average March 2024 detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

1 MADEIRA AVENUE Sold Prices

Land registry data shows three sales for 1 MADEIRA AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Two of the three 1 MADEIRA AVENUE sales were for below the average price, whilst one was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 28 MAR	£350,000	£360,656	3% below HPI
2000 1 DEC	£99,000	£97,522	2% above HPI
1998 5 JAN	£70,000	£83,460	16% below HPI

1 MADEIRA AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The three 1 MADEIRA AVENUE sales between January 1998 and March 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2000 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2024 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 1 MADEIRA AVENUE?

1 MADEIRA AVENUE is 149m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Whitley Bay, and where 1 MADEIRA AVENUE lies on this distribution: 64% of detached houses are smaller than 1 MADEIRA AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

1 MADEIRA AVENUE: Plot and Title Map

1 MADEIRA AVENUE sits on a plot of roughly 9.9 acres, or 39,879m². The below map shows the location of 1 MADEIRA AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 MADEIRA AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 MADEIRA AVENUE?

1 MADEIRA AVENUE is located in WHITLEY BAY, in the NE26 postcode district. The below map shows the position of No. 1 on MADEIRA AVENUE.