1, MONKRIDGE, WHITLEY BAY, NE26 3EQ - £267,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MONKRIDGE is a very small semi-detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £371,730. It was last sold for £267,500 in May 2018, which was around 66% above the average May 2018 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

1 MONKRIDGE Sold Prices

Land registry data shows two sales for 1 MONKRIDGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 1 MONKRIDGE sales were 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
2018 9 MAY	£267,500	£160,854	66% above HPI
1999 12 JUL	£90,000	£47,806	88% above HPI

1 MONKRIDGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 1 MONKRIDGE sales from July 1999 and May 2018 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 July 1999 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the May 2018 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 1 MONKRIDGE be worth now?

1 MONKRIDGE might now be worth an estimated £371,730.

This is based on house price inflation of 39%, between May 2018 and February 2025, for semi-detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39% inflationary increase is applied to the most recent sale price for 1 MONKRIDGE of £267,500 on 9th May 2018. For the value to have increased from £267,500 to £371,730 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 1 MONKRIDGE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The May 2018 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MONKRIDGE has not materially changed since May 2018.

How Large is 1 MONKRIDGE?

1 MONKRIDGE is 79m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of semi-detached houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whitley Bay, and where 1 MONKRIDGE lies on this distribution: 5% of semi-detached houses houses are smaller than 1 MONKRIDGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

1 MONKRIDGE: Plot and Title Map

1 MONKRIDGE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 1 MONKRIDGE, 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 MONKRIDGE). 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 MONKRIDGE?

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