181, MONKS WOOD, NORTH SHIELDS, NE30 2UE - £280,000

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.

181 MONKS WOOD is a small extended terraced house of 94m², built sometime between 1996 and 2002, which could now be worth an estimated £368,004. It was last sold for £280,000 in July 2019, which was around 94% above the average July 2019 terraced price in the North Tyneside local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

181 MONKS WOOD Sold Prices

Land registry data shows five sales for 181 MONKS WOOD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the North Tyneside local authority area for the corresponding sale date. Most of the five 181 MONKS WOOD 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
2019 19 JUL	£280,000	£144,181	94% above HPI
2019 3 APR	£4,689	£136,174	97% below HPI
2003 12 SEP	£194,000	£85,022	128% above HPI
2000 26 MAY	£115,000	£43,171	166% above HPI
1999 22 JAN	£91,950	£40,119	129% above HPI

181 MONKS WOOD 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 five 181 MONKS WOOD sales between January 1999 and July 2019 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 2019 sale was for 97% below the HPI. So the extrapolation line tracks at 97% below the HPI over time, until the July 2019 sale, where it rises to 94% above the HPI. The line then continues to track at 94% above the HPI.

What might 181 MONKS WOOD be worth now?

181 MONKS WOOD might now be worth an estimated £368,004.

This is based on house price inflation of 31.4%, between July 2019 and June 2025, 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 31.4% inflationary increase is applied to the most recent sale price for 181 MONKS WOOD of £280,000 on 19th July 2019. For the value to have increased from £280,000 to £368,004 over the six years and one month to June 2025, the following assumptions must hold true:

• The value of 181 MONKS WOOD has moved in line with the HPI for terraced houses in the North Tyneside local authority area.
• The July 2019 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 181 MONKS WOOD has not materially changed since July 2019.

How Large is 181 MONKS WOOD?

181 MONKS WOOD is 94m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% 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 181 MONKS WOOD lies on this distribution: 31% of terraced houses houses are smaller than 181 MONKS WOOD, and 68% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

181 MONKS WOOD: Plot and Title Map

181 MONKS WOOD sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 181 MONKS WOOD, 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 181 MONKS WOOD). 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 181 MONKS WOOD?

181 MONKS WOOD is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 181 on MONKS WOOD.