9, PALMERSTON STREET, SOUTH SHIELDS, NE33 5LT - £195,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 PALMERSTON STREET is a small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £195,000 in March 2017, which was around 13% below the average March 2017 detached price in the South 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.

9 PALMERSTON STREET Sold Prices

Land registry data shows three sales for 9 PALMERSTON STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Two of the three 9 PALMERSTON STREET sales were for below the average price, whilst one was 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
2017 3 MAR	£195,000	£223,431	13% below HPI
2016 29 JUL	£220,000	£224,499	2% below HPI
2001 29 JUN	£112,950	£103,966	9% above HPI

9 PALMERSTON 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 three 9 PALMERSTON STREET sales between June 2001 and March 2017 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 July 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2017 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 9 PALMERSTON STREET?

9 PALMERSTON STREET is 94m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of detached houses in South Shields, based on EPC data. The below chart shows the distribution of detached houses by size in South Shields, and where 9 PALMERSTON STREET lies on this distribution: 30% of detached houses are smaller than 9 PALMERSTON STREET, and 70% of houses are larger. Note that EPC data is not available for all properties in South Shields.

9 PALMERSTON STREET: Plot and Title Map

9 PALMERSTON STREET sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 9 PALMERSTON 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 9 PALMERSTON 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 9 PALMERSTON STREET?

9 PALMERSTON STREET is located in SOUTH SHIELDS, in the NE33 postcode district. The below map shows the position of No. 9 on PALMERSTON STREET.