54, MONKS WOOD, NORTH SHIELDS, NE30 2UA - £347,000

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 MONKS WOOD is a midsized extended detached house of 113m², built sometime between 1991 and 1995, which could now be worth an estimated £363,565. It was last sold for £347,000 in May 2023, which was about the average May 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

54 MONKS WOOD Sold Prices

Land registry data shows five sales for 54 MONKS WOOD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. The five 54 MONKS WOOD sales were a mix of roughly equal to the average price, above the average price, and below 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 12 MAY	£347,000	£348,360	Close to HPI
2006 31 MAR	£201,000	£230,663	13% below HPI
2002 3 MAY	£125,000	£119,980	4% above HPI
2001 17 OCT	£113,000	£106,447	6% above HPI
1996 9 DEC	£80,650	£75,849	6% above HPI

54 MONKS WOOD 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 five 54 MONKS WOOD sales between December 1996 and May 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 March 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 54 MONKS WOOD be worth now?

54 MONKS WOOD might now be worth an estimated £363,565.

This is based on house price inflation of 4.8%, between May 2023 and June 2025, for 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 4.8% inflationary increase is applied to the most recent sale price for 54 MONKS WOOD of £347,000 on 12th May 2023. For the value to have increased from £347,000 to £363,565 over the one year and eleven months to June 2025, the following assumptions must hold true:

• The value of 54 MONKS WOOD has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The May 2023 sale price of £347,000 represented a fair market value for the property.
• The size, condition, and specification of 54 MONKS WOOD has not materially changed since May 2023.

How Large is 54 MONKS WOOD?

54 MONKS WOOD is 113m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 50% of detached houses houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tynemouth, and where 54 MONKS WOOD lies on this distribution: 49% of detached houses houses are smaller than 54 MONKS WOOD, and 49% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

54 MONKS WOOD: Plot and Title Map

54 MONKS WOOD sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 54 MONKS WOOD, 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 MONKS WOOD). 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 MONKS WOOD?

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