22, MILLVIEW DRIVE, NORTH SHIELDS, NE30 2PU - £307,000

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.

22 MILLVIEW DRIVE is a midsized extended terraced house of 108m², built sometime between 1930 and 1949, which could now be worth an estimated £523,017. It was last sold for £307,000 in December 2011, which was around 170% above the average December 2011 terraced price in the North Tyneside local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

22 MILLVIEW DRIVE Sold Prices

Land registry data shows two sales for 22 MILLVIEW DRIVE 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 22 MILLVIEW DRIVE 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
2011 2 DEC	£307,000	£113,800	170% above HPI
2001 6 JUL	£115,000	£46,330	148% above HPI

22 MILLVIEW DRIVE 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 22 MILLVIEW DRIVE sales from July 2001 and December 2011 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 2001 sale was for 148% above the HPI. So the extrapolation line tracks at 148% above the HPI over time, until the December 2011 sale, where it rises to 170% above the HPI. The line then continues to track at 170% above the HPI.

What might 22 MILLVIEW DRIVE be worth now?

22 MILLVIEW DRIVE might now be worth an estimated £523,017.

This is based on house price inflation of 70.4%, between December 2011 and April 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 70.4% inflationary increase is applied to the most recent sale price for 22 MILLVIEW DRIVE of £307,000 on 2nd December 2011. For the value to have increased from £307,000 to £523,017 over the fifteen years and eight months to April 2026, the following assumptions must hold true:

• The value of 22 MILLVIEW DRIVE has moved in line with the HPI for terraced houses in the North Tyneside local authority area.
• The December 2011 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MILLVIEW DRIVE has not materially changed since December 2011.

How Large is 22 MILLVIEW DRIVE?

22 MILLVIEW DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 50% 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 22 MILLVIEW DRIVE lies on this distribution: 46% of terraced houses houses are smaller than 22 MILLVIEW DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

22 MILLVIEW DRIVE: Plot and Title Map

22 MILLVIEW DRIVE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 22 MILLVIEW DRIVE, 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 22 MILLVIEW DRIVE). 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 22 MILLVIEW DRIVE?

22 MILLVIEW DRIVE is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 22 on MILLVIEW DRIVE.