57, MELDON AVENUE, SOUTH SHIELDS, NE34 0EL - £270,000

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

57 MELDON AVENUE is a very small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £270,000 in March 2024, which was around 6% below the average March 2024 detached price in the South Tyneside local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

57 MELDON AVENUE Sold Prices

Land registry data shows two sales for 57 MELDON 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 South Tyneside local authority area for the corresponding sale date. Both of the two 57 MELDON AVENUE sales were for 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
2024 1 MAR	£270,000	£288,007	6% below HPI
2020 18 DEC	£230,000	£256,807	10% below HPI

57 MELDON AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 57 MELDON AVENUE sales from December 2020 and March 2024 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 December 2020 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2024 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 57 MELDON AVENUE?

57 MELDON AVENUE is 82m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% of detached houses in South Shields, based on EPC data. The below chart shows the distribution of detached houses by size in South Shields, and where 57 MELDON AVENUE lies on this distribution: 11% of detached houses are smaller than 57 MELDON AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in South Shields.

57 MELDON AVENUE: Plot and Title Map

57 MELDON AVENUE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 57 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 57 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 57 MELDON AVENUE?

57 MELDON AVENUE is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 57 on MELDON AVENUE.