61, MILLAIS GARDENS, SOUTH SHIELDS, NE34 8RY - £92,000

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.

61 MILLAIS GARDENS is a small extended semi-detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £133,387. It was last sold for £92,000 in September 2015, which was around 27% below the average September 2015 semi-detached price in the South Tyneside local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

61 MILLAIS GARDENS Sold Prices

Land registry data shows three sales for 61 MILLAIS GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Tyneside local authority area for the corresponding sale date. All of the three 61 MILLAIS GARDENS 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
2015 30 SEP	£92,000	£125,594	27% below HPI
2013 22 NOV	£90,000	£120,758	25% below HPI
2004 30 MAR	£80,000	£99,215	19% below HPI

61 MILLAIS GARDENS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Tyneside local authority area over time, sourced from the HPI. The three 61 MILLAIS GARDENS sales between March 2004 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 November 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2015 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 61 MILLAIS GARDENS be worth now?

61 MILLAIS GARDENS might now be worth an estimated £133,387.

This is based on house price inflation of 45%, between September 2015 and February 2025, for semi-detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45% inflationary increase is applied to the most recent sale price for 61 MILLAIS GARDENS of £92,000 on 30th September 2015. For the value to have increased from £92,000 to £133,387 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 61 MILLAIS GARDENS has moved in line with the HPI for semi-detached houses in the South Tyneside local authority area.
• The September 2015 sale price of £92,000 represented a fair market value for the property.
• The size, condition, and specification of 61 MILLAIS GARDENS has not materially changed since September 2015.

How Large is 61 MILLAIS GARDENS?

61 MILLAIS GARDENS is 90m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 30% of semi-detached houses houses in South Shields, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in South Shields, and where 61 MILLAIS GARDENS lies on this distribution: 26% of semi-detached houses houses are smaller than 61 MILLAIS GARDENS, and 74% of houses are larger. Note that EPC data is not available for all properties in South Shields.

61 MILLAIS GARDENS: Plot and Title Map

61 MILLAIS GARDENS sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 61 MILLAIS GARDENS, 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 61 MILLAIS GARDENS). 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 61 MILLAIS GARDENS?

61 MILLAIS GARDENS is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 61 on MILLAIS GARDENS.