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 MONKHOUSE AVENUE is a small detached house of 90m², built sometime between 1930 and 1949. It was last sold for £225,000 in August 2018, which was around 21% below the average August 2018 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 57 MONKHOUSE AVENUE since 1st 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 57 MONKHOUSE 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 |
---|---|---|---|
2018 3 AUG | £225,000 | £284,227 | 21% below HPI |
2016 9 JUN | £152,500 | £266,170 | 43% below HPI |
The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 57 MONKHOUSE AVENUE sales from June 2016 and August 2018 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 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2018 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
57 MONKHOUSE AVENUE is 90m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 57 MONKHOUSE AVENUE lies on this distribution: 26% of detached houses are smaller than 57 MONKHOUSE AVENUE, and 72% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.
57 MONKHOUSE AVENUE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 57 MONKHOUSE 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 MONKHOUSE 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.
57 MONKHOUSE AVENUE is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 57 on MONKHOUSE AVENUE.