2, GRAND PARADE, NORTH SHIELDS, NE30 4JS - £360,000

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.

2 GRAND PARADE is a large extended detached house of 124m², built sometime between 1950 and 1966, which could now be worth an estimated £568,788. It was last sold for £360,000 in September 2008, which was around 55% above the average September 2008 detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was B.

2 GRAND PARADE Sold Prices

Land registry data shows two sales for 2 GRAND PARADE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 2 GRAND PARADE 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
2008 15 SEP	£360,000	£231,593	55% above HPI
1998 12 MAR	£135,000	£84,468	60% above HPI

2 GRAND PARADE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 2 GRAND PARADE sales from March 1998 and September 2008 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 March 1998 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the September 2008 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 2 GRAND PARADE be worth now?

2 GRAND PARADE might now be worth an estimated £568,788.

This is based on house price inflation of 58%, between September 2008 and March 2025, for detached 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 58% inflationary increase is applied to the most recent sale price for 2 GRAND PARADE of £360,000 on 15th September 2008. For the value to have increased from £360,000 to £568,788 over the seventeen years and six months to March 2025, the following assumptions must hold true:

• The value of 2 GRAND PARADE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The September 2008 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRAND PARADE has not materially changed since September 2008.

How Large is 2 GRAND PARADE?

2 GRAND PARADE is 124m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the largest 40% of detached houses houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tynemouth, and where 2 GRAND PARADE lies on this distribution: 63% of detached houses houses are smaller than 2 GRAND PARADE, and 35% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

2 GRAND PARADE: Plot and Title Map

2 GRAND PARADE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 2 GRAND PARADE, 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 2 GRAND PARADE). 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 2 GRAND PARADE?

2 GRAND PARADE is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 2 on GRAND PARADE.