50, MILLVIEW DRIVE, NORTH SHIELDS, NE30 2QD - £550,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

50 MILLVIEW DRIVE is a midsized extended detached house of 106m², built sometime between 1930 and 1949. It was last sold for £550,000 in August 2023, which was around 51% above the average August 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

50 MILLVIEW DRIVE Sold Prices

Land registry data shows two sales for 50 MILLVIEW DRIVE 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 50 MILLVIEW DRIVE 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
2023 16 AUG	£550,000	£363,630	51% above HPI
2013 2 OCT	£325,000	£238,407	36% above HPI

50 MILLVIEW DRIVE 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 50 MILLVIEW DRIVE sales from October 2013 and August 2023 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 October 2013 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the August 2023 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 50 MILLVIEW DRIVE?

50 MILLVIEW DRIVE is 106m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 50% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 50 MILLVIEW DRIVE lies on this distribution: 44% of detached houses are smaller than 50 MILLVIEW DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

50 MILLVIEW DRIVE: Plot and Title Map

50 MILLVIEW DRIVE sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 50 MILLVIEW DRIVE, 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 50 MILLVIEW DRIVE). 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 50 MILLVIEW DRIVE?

50 MILLVIEW DRIVE is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 50 on MILLVIEW DRIVE.