3, STUDLAND CLOSE, NORTH SHIELDS, NE29 9HP - £145,000

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.

3 STUDLAND CLOSE is a midsized terraced house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £242,453. It was last sold for £145,000 in August 2012, which was around 23% above the average August 2012 terraced price in the North Tyneside local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

3 STUDLAND CLOSE Sold Prices

Land registry data shows one sale for 3 STUDLAND CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the North Tyneside local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 21 AUG	£145,000	£118,035	23% above HPI

What might 3 STUDLAND CLOSE be worth now?

3 STUDLAND CLOSE might now be worth an estimated £242,453.

This is based on house price inflation of 67.2%, between August 2012 and May 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 67.2% inflationary increase is applied to the most recent sale price for 3 STUDLAND CLOSE of £145,000 on 21st August 2012. For the value to have increased from £145,000 to £242,453 over the fourteen years and three months to May 2026, the following assumptions must hold true:

• The value of 3 STUDLAND CLOSE has moved in line with the HPI for terraced houses in the North Tyneside local authority area.
• The August 2012 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STUDLAND CLOSE has not materially changed since August 2012.

How Large is 3 STUDLAND CLOSE?

3 STUDLAND CLOSE is 90m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 50% of terraced houses in Tynemouth, based on EPC data. The below chart shows the distribution of terraced houses by size in Tynemouth, and where 3 STUDLAND CLOSE lies on this distribution: 43% of terraced houses are smaller than 3 STUDLAND CLOSE, and 55% of terraced houses are larger. Note that EPC data is not available for all properties in Tynemouth.

3 STUDLAND CLOSE: Plot

3 STUDLAND CLOSE sits on a plot of roughly 0.051 of an acre, or 208m².

Where is 3 STUDLAND CLOSE?

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