7, GRAND PARADE, NORTH SHIELDS, NE30 4JS - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 GRAND PARADE is a very large detached house of 187m², built sometime between 1967 and 1975, which could now be worth an estimated £585,923. It was last sold for £350,000 in May 2012, which was around 57% above the average May 2012 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

7 GRAND PARADE Sold Prices

Land registry data shows three sales for 7 GRAND PARADE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 7 GRAND PARADE 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
2012 11 MAY	£350,000	£222,594	57% above HPI
2002 9 APR	£249,500	£116,941	113% above HPI
1998 14 APR	£131,000	£84,813	54% above HPI

7 GRAND PARADE 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 three 7 GRAND PARADE sales between April 1998 and May 2012 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 April 2002 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the May 2012 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 7 GRAND PARADE be worth now?

7 GRAND PARADE might now be worth an estimated £585,923.

This is based on house price inflation of 67.4%, between May 2012 and February 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 67.4% inflationary increase is applied to the most recent sale price for 7 GRAND PARADE of £350,000 on 11th May 2012. For the value to have increased from £350,000 to £585,923 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 7 GRAND PARADE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The May 2012 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GRAND PARADE has not materially changed since May 2012.

How Large is 7 GRAND PARADE?

7 GRAND PARADE is 187m² according to the EPC inspection conducted in April 2010. This puts it in the largest 10% 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 7 GRAND PARADE lies on this distribution: 94% of detached houses houses are smaller than 7 GRAND PARADE, and 6% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

7 GRAND PARADE: Plot and Title Map

7 GRAND PARADE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 7 GRAND PARADE, 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 7 GRAND PARADE). 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 7 GRAND PARADE?

7 GRAND PARADE is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 7 on GRAND PARADE.