54, MILLVIEW DRIVE, NORTH SHIELDS, NE30 2QH - £122,000

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.

54 MILLVIEW DRIVE is a small semi-detached house of 92m², built sometime between 1930 and 1949, which could now be worth an estimated £515,728. It was last sold for £122,000 in July 2000, which was around 131% above the average July 2000 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

54 MILLVIEW DRIVE Sold Prices

Land registry data shows two sales for 54 MILLVIEW DRIVE 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 54 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
2000 7 JUL	£122,000	£52,878	131% above HPI
1999 2 JUN	£89,250	£47,088	90% above HPI

54 MILLVIEW DRIVE 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 54 MILLVIEW DRIVE sales from June 1999 and July 2000 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 June 1999 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the July 2000 sale, where it rises to 131% above the HPI. The line then continues to track at 131% above the HPI.

What might 54 MILLVIEW DRIVE be worth now?

54 MILLVIEW DRIVE might now be worth an estimated £515,728.

This is based on house price inflation of 322.7%, between July 2000 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 322.7% inflationary increase is applied to the most recent sale price for 54 MILLVIEW DRIVE of £122,000 on 7th July 2000. For the value to have increased from £122,000 to £515,728 over the 25 years and five months to February 2025, the following assumptions must hold true:

• The value of 54 MILLVIEW DRIVE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The July 2000 sale price of £122,000 represented a fair market value for the property.
• The size, condition, and specification of 54 MILLVIEW DRIVE has not materially changed since July 2000.

How Large is 54 MILLVIEW DRIVE?

54 MILLVIEW DRIVE is 92m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 30% of semi-detached houses houses in Tynemouth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tynemouth, and where 54 MILLVIEW DRIVE lies on this distribution: 29% of semi-detached houses houses are smaller than 54 MILLVIEW DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

54 MILLVIEW DRIVE: Plot and Title Map

54 MILLVIEW DRIVE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 54 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 54 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 54 MILLVIEW DRIVE?

54 MILLVIEW DRIVE is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 54 on MILLVIEW DRIVE.