60, MONKS WOOD, NORTH SHIELDS, NE30 2UA - £156,000

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.

60 MONKS WOOD is a very small semi-detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £223,782. It was last sold for £156,000 in September 2015, which was around 2% above the average September 2015 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

60 MONKS WOOD Sold Prices

Land registry data shows four sales for 60 MONKS WOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. All of the four 60 MONKS WOOD 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
2015 18 SEP	£156,000	£152,291	2% above HPI
2002 27 FEB	£83,950	£60,124	40% above HPI
1999 19 NOV	£60,000	£51,838	16% above HPI
1996 14 NOV	£58,150	£43,710	33% above HPI

60 MONKS WOOD 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 four 60 MONKS WOOD sales between November 1996 and September 2015 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 February 2002 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the September 2015 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 60 MONKS WOOD be worth now?

60 MONKS WOOD might now be worth an estimated £223,782.

This is based on house price inflation of 43.4%, between September 2015 and June 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 43.4% inflationary increase is applied to the most recent sale price for 60 MONKS WOOD of £156,000 on 18th September 2015. For the value to have increased from £156,000 to £223,782 over the ten years and three months to June 2025, the following assumptions must hold true:

• The value of 60 MONKS WOOD has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The September 2015 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 60 MONKS WOOD has not materially changed since September 2015.

How Large is 60 MONKS WOOD?

60 MONKS WOOD is 56m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% 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 60 MONKS WOOD lies on this distribution: 2% of semi-detached houses houses are smaller than 60 MONKS WOOD, and 98% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

60 MONKS WOOD: Plot and Title Map

60 MONKS WOOD sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 60 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 60 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 60 MONKS WOOD?

60 MONKS WOOD is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 60 on MONKS WOOD.