83, NEWCASTLE ROAD, SOUTH SHIELDS, NE34 9AA - £170,000

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.

83 NEWCASTLE ROAD is a very small semi-detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £197,416. It was last sold for £170,000 in February 2022, which was around 8% above the average February 2022 semi-detached price in the South Tyneside local authority area. The most recent EPC inspection was March 2021, where the current energy rating was E, and the potential energy rating was B.

83 NEWCASTLE ROAD Sold Prices

Land registry data shows two sales for 83 NEWCASTLE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Tyneside local authority area for the corresponding sale date. One of the two 83 NEWCASTLE ROAD sales was for above the average price, whilst the other was 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
2022 10 FEB	£170,000	£156,806	8% above HPI
2021 23 APR	£102,500	£153,544	33% below HPI

83 NEWCASTLE ROAD 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 two 83 NEWCASTLE ROAD sales from April 2021 and February 2022 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 2021 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 83 NEWCASTLE ROAD be worth now?

83 NEWCASTLE ROAD might now be worth an estimated £197,416.

This is based on house price inflation of 16.1%, between February 2022 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 16.1% inflationary increase is applied to the most recent sale price for 83 NEWCASTLE ROAD of £170,000 on 10th February 2022. For the value to have increased from £170,000 to £197,416 over the three years to February 2025, the following assumptions must hold true:

• The value of 83 NEWCASTLE ROAD has moved in line with the HPI for semi-detached houses in the South Tyneside local authority area.
• The February 2022 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 83 NEWCASTLE ROAD has not materially changed since February 2022.

How Large is 83 NEWCASTLE ROAD?

83 NEWCASTLE ROAD is 77m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of semi-detached houses houses in Jarrow, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Jarrow, and where 83 NEWCASTLE ROAD lies on this distribution: 9% of semi-detached houses houses are smaller than 83 NEWCASTLE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Jarrow.

83 NEWCASTLE ROAD: Plot and Title Map

83 NEWCASTLE ROAD sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 83 NEWCASTLE ROAD, 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 83 NEWCASTLE ROAD). 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 83 NEWCASTLE ROAD?

83 NEWCASTLE ROAD is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 83 on NEWCASTLE ROAD.