4, MILL CLOSE, NORTH SHIELDS, NE29 7QE - £69,000

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.

4 MILL CLOSE is a very small terraced house of 45m², built sometime between 1996 and 2002, which could now be worth an estimated £105,513. It was last sold for £69,000 in November 2014, which was around 47% below the average November 2014 terraced price in the North Tyneside local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

4 MILL CLOSE Sold Prices

Land registry data shows one sale for 4 MILL 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
2014 21 NOV	£69,000	£129,067	47% below HPI

What might 4 MILL CLOSE be worth now?

4 MILL CLOSE might now be worth an estimated £105,513.

This is based on house price inflation of 52.9%, between November 2014 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 52.9% inflationary increase is applied to the most recent sale price for 4 MILL CLOSE of £69,000 on 21st November 2014. For the value to have increased from £69,000 to £105,513 over the twelve years and six months to May 2026, the following assumptions must hold true:

• The value of 4 MILL CLOSE has moved in line with the HPI for terraced houses in the North Tyneside local authority area.
• The November 2014 sale price of £69,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MILL CLOSE has not materially changed since November 2014.

How Large is 4 MILL CLOSE?

4 MILL CLOSE is 45m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of terraced houses in Tynemouth, based on EPC data. The below chart shows the distribution of terraced houses by size in Tynemouth, and where 4 MILL CLOSE lies on this distribution: 1% of terraced houses are smaller than 4 MILL CLOSE, and 98% of terraced houses are larger. Note that EPC data is not available for all properties in Tynemouth.

4 MILL CLOSE: Plot

4 MILL CLOSE sits on a plot of roughly 0.020 of an acre, or 82m².

Where is 4 MILL CLOSE?

4 MILL CLOSE is located in NORTH SHIELDS, in the NE29 postcode district.