2, MONKSTONE AVENUE, NORTH SHIELDS, NE30 2QB - £470,000

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

2 MONKSTONE AVENUE is a very small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £470,000 in January 2022, which was around 46% above the average January 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

2 MONKSTONE AVENUE Sold Prices

Land registry data shows two sales for 2 MONKSTONE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 2 MONKSTONE 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
2022 14 JAN	£470,000	£322,530	46% above HPI
2000 14 AUG	£130,000	£98,298	32% above HPI

2 MONKSTONE 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 two 2 MONKSTONE AVENUE sales from August 2000 and January 2022 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 August 2000 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the January 2022 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 2 MONKSTONE AVENUE?

2 MONKSTONE AVENUE is 86m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 2 MONKSTONE AVENUE lies on this distribution: 19% of detached houses are smaller than 2 MONKSTONE AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

2 MONKSTONE AVENUE: Plot and Title Map

2 MONKSTONE AVENUE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 2 MONKSTONE 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 MONKSTONE 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 MONKSTONE AVENUE?

2 MONKSTONE AVENUE is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 2 on MONKSTONE AVENUE.