2, MELDON AVENUE, SOUTH SHIELDS, NE34 0EL - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 MELDON AVENUE is a midsized extended semi-detached house of 109m², built sometime between 1950 and 1966, which could now be worth an estimated £351,256. It was last sold for £265,000 in June 2020, which was around 93% above the average June 2020 semi-detached price in the South Tyneside local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

2 MELDON AVENUE Sold Prices

Land registry data shows two sales for 2 MELDON AVENUE 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 South Tyneside local authority area for the corresponding sale date. Both of the two 2 MELDON AVENUE 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
2020 26 JUN	£265,000	£137,378	93% above HPI
1998 9 JAN	£77,000	£47,900	61% above HPI

2 MELDON AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 2 MELDON AVENUE sales from January 1998 and June 2020 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 January 1998 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the June 2020 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

What might 2 MELDON AVENUE be worth now?

2 MELDON AVENUE might now be worth an estimated £351,256.

This is based on house price inflation of 32.5%, between June 2020 and February 2025, for semi-detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.5% inflationary increase is applied to the most recent sale price for 2 MELDON AVENUE of £265,000 on 26th June 2020. For the value to have increased from £265,000 to £351,256 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 2 MELDON AVENUE has moved in line with the HPI for semi-detached houses in the South Tyneside local authority area.
• The June 2020 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MELDON AVENUE has not materially changed since June 2020.

How Large is 2 MELDON AVENUE?

2 MELDON AVENUE is 109m², which includes two extensions, according to the EPC inspection conducted in May 2020. This puts it in the smallest 50% of semi-detached houses houses in South Shields, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in South Shields, and where 2 MELDON AVENUE lies on this distribution: 47% of semi-detached houses houses are smaller than 2 MELDON AVENUE, and 51% of houses are larger. Note that EPC data is not available for all properties in South Shields.

2 MELDON AVENUE: Plot and Title Map

2 MELDON AVENUE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 2 MELDON 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 2 MELDON 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 2 MELDON AVENUE?

2 MELDON AVENUE is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 2 on MELDON AVENUE.