24, 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.

24 GREEN CLOSE is a large extended detached house of 122m², built sometime between 1991 and 1995, which could now be worth an estimated £542,911. It was last sold for £520,000 in August 2023, which was around 45% above the average August 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

24 GREEN CLOSE Sold Prices

Land registry data shows four sales for 24 GREEN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the four 24 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
2023 3 AUG	£520,000	£357,531	45% above HPI
2016 17 JUN	£455,000	£261,705	74% above HPI
2011 25 MAR	£250,000	£215,481	16% above HPI
2001 11 DEC	£187,500	£110,273	70% above HPI

24 GREEN CLOSE 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 four 24 GREEN CLOSE sales between December 2001 and August 2023 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 June 2016 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the August 2023 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 24 GREEN CLOSE be worth now?

24 GREEN CLOSE might now be worth an estimated £542,911.

This is based on house price inflation of 4.4%, between August 2023 and May 2026, 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 4.4% inflationary increase is applied to the most recent sale price for 24 GREEN CLOSE of £520,000 on 3rd August 2023. For the value to have increased from £520,000 to £542,911 over the three years and three months to May 2026, the following assumptions must hold true:

• The value of 24 GREEN CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The August 2023 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 24 GREEN CLOSE has not materially changed since August 2023.

How Large is 24 GREEN CLOSE?

24 GREEN CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in August 2015. 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 24 GREEN CLOSE lies on this distribution: 60% of detached houses houses are smaller than 24 GREEN CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

24 GREEN CLOSE: Plot and Title Map

24 GREEN CLOSE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 24 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 24 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 24 GREEN CLOSE?

24 GREEN CLOSE is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 24 on GREEN CLOSE.