33, PARK DRIVE, FOREST HALL, NEWCASTLE UPON TYNE, NE12 9JP - £240,000

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.

33 PARK DRIVE is a small semi-detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £245,213. It was last sold for £240,000 in October 2023, which was around 11% above the average October 2023 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

33 PARK DRIVE Sold Prices

Land registry data shows three sales for 33 PARK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. Two of the three 33 PARK DRIVE sales were for above the average price, whilst one was for below 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 31 OCT	£240,000	£215,871	11% above HPI
2020 28 FEB	£210,000	£166,772	26% above HPI
2014 13 NOV	£144,000	£147,485	2% below HPI

33 PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Tyneside local authority area over time, sourced from the HPI. The three 33 PARK DRIVE sales between November 2014 and October 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 February 2020 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2023 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 33 PARK DRIVE be worth now?

33 PARK DRIVE might now be worth an estimated £245,213.

This is based on house price inflation of 2.2%, between October 2023 and March 2025, for semi-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 2.2% inflationary increase is applied to the most recent sale price for 33 PARK DRIVE of £240,000 on 31st October 2023. For the value to have increased from £240,000 to £245,213 over the two years and seven months to March 2025, the following assumptions must hold true:

• The value of 33 PARK DRIVE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The October 2023 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 33 PARK DRIVE has not materially changed since October 2023.

How Large is 33 PARK DRIVE?

33 PARK DRIVE is 96m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of semi-detached houses houses in Longbenton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Longbenton, and where 33 PARK DRIVE lies on this distribution: 21% of semi-detached houses houses are smaller than 33 PARK DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

33 PARK DRIVE: Plot and Title Map

33 PARK DRIVE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 33 PARK 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 33 PARK 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 33 PARK DRIVE?

33 PARK DRIVE is located in FOREST HALL, in the NE12 postcode district. The below map shows the position of No. 33 on PARK DRIVE.