7, BEACONSIDE, SOUTH SHIELDS, NE34 7PY - £96,000

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.

7 BEACONSIDE is a detached house, which could now be worth an estimated £323,812. It was last sold for £96,000 in July 1998, which was around 4% above the average July 1998 detached price in the South Tyneside local authority area.

7 BEACONSIDE Sold Prices

Land registry data shows three sales for 7 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 7 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
1998 24 JUL	£96,000	£92,115	4% above HPI
1998 24 JUL	£96,000	£92,115	4% above HPI
1996 28 JUN	£88,500	£79,667	11% above HPI

What might 7 BEACONSIDE be worth now?

7 BEACONSIDE might now be worth an estimated £323,812.

This is based on house price inflation of 237.3%, between July 1998 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 237.3% inflationary increase is applied to the most recent sale price for 7 BEACONSIDE of £96,000 on 24th July 1998. For the value to have increased from £96,000 to £323,812 over the 28 years and two months to May 2026, the following assumptions must hold true:

• The value of 7 BEACONSIDE has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The July 1998 sale price of £96,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BEACONSIDE has not materially changed since July 1998.

Where is 7 BEACONSIDE?

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