1, BEACONSIDE, SOUTH SHIELDS, NE34 7PY - £249,950

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.

1 BEACONSIDE is a detached house, which could now be worth an estimated £347,118. It was last sold for £249,950 in February 2007, which was around 12% above the average February 2007 detached price in the South Tyneside local authority area.

1 BEACONSIDE Sold Prices

Land registry data shows three sales for 1 BEACONSIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the three 1 BEACONSIDE 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
2007 16 FEB	£249,950	£223,732	12% above HPI
2007 16 FEB	£249,950	£223,732	12% above HPI
2001 5 NOV	£120,000	£113,843	5% above HPI

What might 1 BEACONSIDE be worth now?

1 BEACONSIDE might now be worth an estimated £347,118.

This is based on house price inflation of 38.9%, between February 2007 and May 2026, for detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.9% inflationary increase is applied to the most recent sale price for 1 BEACONSIDE of £249,950 on 16th February 2007. For the value to have increased from £249,950 to £347,118 over the eighteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 1 BEACONSIDE has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The February 2007 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 1 BEACONSIDE has not materially changed since February 2007.

Where is 1 BEACONSIDE?

1 BEACONSIDE is located in SOUTH SHIELDS, in the NE34 postcode district.