8, COLCHESTER STREET, SOUTH SHIELDS, NE34 9AT - £180,000

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

8 COLCHESTER STREET is a very small detached house of 81m², which could now be worth an estimated £202,556. It was last sold for £180,000 in November 2021, which was around 33% below the average November 2021 detached price in the South Tyneside local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was A.

8 COLCHESTER STREET Sold Prices

Land registry data shows two sales for 8 COLCHESTER STREET 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 8 COLCHESTER STREET 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
2021 19 NOV	£180,000	£270,250	33% below HPI
2015 19 NOV	£149,950	£223,370	33% below HPI

8 COLCHESTER STREET 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 8 COLCHESTER STREET sales from November 2015 and November 2021 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 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2021 sale, which was also at 33% below the HPI.

What might 8 COLCHESTER STREET be worth now?

8 COLCHESTER STREET might now be worth an estimated £202,556.

This is based on house price inflation of 12.5%, between November 2021 and December 2024, for 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 12.5% inflationary increase is applied to the most recent sale price for 8 COLCHESTER STREET of £180,000 on 19th November 2021. For the value to have increased from £180,000 to £202,556 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of 8 COLCHESTER STREET has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The November 2021 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 8 COLCHESTER STREET has not materially changed since November 2021.

How Large is 8 COLCHESTER STREET?

8 COLCHESTER STREET is 81m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses houses in Jarrow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Jarrow, and where 8 COLCHESTER STREET lies on this distribution: 14% of detached houses houses are smaller than 8 COLCHESTER STREET, and 83% of houses are larger. Note that EPC data is not available for all properties in Jarrow.

8 COLCHESTER STREET: Plot and Title Map

8 COLCHESTER STREET sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 8 COLCHESTER STREET, 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 8 COLCHESTER STREET). 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 8 COLCHESTER STREET?

8 COLCHESTER STREET is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 8 on COLCHESTER STREET.