16, GREEN CLOSE, NORTH SHIELDS, NE30 2TY - £520,000

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.

16 GREEN CLOSE is a large extended terraced house of 130m², built sometime between 1996 and 2002, which could now be worth an estimated £637,607. It was last sold for £520,000 in March 2021, which was around 223% above the average March 2021 terraced price in the North Tyneside local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

16 GREEN CLOSE Sold Prices

Land registry data shows two sales for 16 GREEN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Tyneside local authority area for the corresponding sale date. Both of the two 16 GREEN CLOSE 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
2021 30 MAR	£520,000	£160,961	223% above HPI
2001 24 AUG	£183,000	£47,280	287% above HPI

16 GREEN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Tyneside local authority area over time, sourced from the HPI. The two 16 GREEN CLOSE sales from August 2001 and March 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 August 2001 sale was for 287% above the HPI. So the extrapolation line tracks at 287% above the HPI over time, until the March 2021 sale, where it falls to 223% above the HPI. The line then continues to track at 223% above the HPI.

What might 16 GREEN CLOSE be worth now?

16 GREEN CLOSE might now be worth an estimated £637,607.

This is based on house price inflation of 22.6%, between March 2021 and May 2026, for terraced 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 22.6% inflationary increase is applied to the most recent sale price for 16 GREEN CLOSE of £520,000 on 30th March 2021. For the value to have increased from £520,000 to £637,607 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of 16 GREEN CLOSE has moved in line with the HPI for terraced houses in the North Tyneside local authority area.
• The March 2021 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GREEN CLOSE has not materially changed since March 2021.

How Large is 16 GREEN CLOSE?

16 GREEN CLOSE is 130m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 30% of terraced houses houses in Tynemouth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tynemouth, and where 16 GREEN CLOSE lies on this distribution: 69% of terraced houses houses are smaller than 16 GREEN CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

16 GREEN CLOSE: Plot and Title Map

16 GREEN CLOSE sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 16 GREEN CLOSE, 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 16 GREEN CLOSE). 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 16 GREEN CLOSE?

16 GREEN CLOSE is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 16 on GREEN CLOSE.