2, STUDLAND CLOSE, NORTH SHIELDS, NE29 9HP - £227,000

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 STUDLAND CLOSE is a semi-detached house, which could now be worth an estimated £369,893. It was last sold for £227,000 in May 2006, which was around 62% above the average May 2006 semi-detached price in the North Tyneside local authority area.

2 STUDLAND CLOSE Sold Prices

Land registry data shows two sales for 2 STUDLAND CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 2 STUDLAND 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
2006 26 MAY	£227,000	£139,919	62% above HPI
2004 7 APR	£189,000	£111,306	70% above HPI

What might 2 STUDLAND CLOSE be worth now?

2 STUDLAND CLOSE might now be worth an estimated £369,893.

This is based on house price inflation of 62.9%, between May 2006 and May 2026, 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 62.9% inflationary increase is applied to the most recent sale price for 2 STUDLAND CLOSE of £227,000 on 26th May 2006. For the value to have increased from £227,000 to £369,893 over the twenty years to May 2026, the following assumptions must hold true:

• The value of 2 STUDLAND CLOSE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The May 2006 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STUDLAND CLOSE has not materially changed since May 2006.

Where is 2 STUDLAND CLOSE?

2 STUDLAND CLOSE is located in NORTH SHIELDS, in the NE29 postcode district.