33, BEACONSIDE, SOUTH SHIELDS, NE34 7PY - £114,500

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 BEACONSIDE is a detached house, which could now be worth an estimated £334,013. It was last sold for £114,500 in May 2001, which was around 8% above the average May 2001 detached price in the South Tyneside local authority area.

33 BEACONSIDE Sold Prices

Land registry data shows two sales for 33 BEACONSIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 33 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
2001 11 MAY	£114,500	£106,511	8% above HPI
2001 11 MAY	£114,500	£106,511	8% above HPI

What might 33 BEACONSIDE be worth now?

33 BEACONSIDE might now be worth an estimated £334,013.

This is based on house price inflation of 191.7%, between May 2001 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 191.7% inflationary increase is applied to the most recent sale price for 33 BEACONSIDE of £114,500 on 11th May 2001. For the value to have increased from £114,500 to £334,013 over the 25 years to May 2026, the following assumptions must hold true:

• The value of 33 BEACONSIDE has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The May 2001 sale price of £114,500 represented a fair market value for the property.
• The size, condition, and specification of 33 BEACONSIDE has not materially changed since May 2001.

Where is 33 BEACONSIDE?

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