18, HOUSESTEADS CLOSE, WALLSEND, NE28 0BQ - £223,000

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.

18 HOUSESTEADS CLOSE is a midsized extended detached house of 101m², built sometime between 2003 and 2006, which could now be worth an estimated £242,696. It was last sold for £223,000 in December 2023, which was around 35% below the average December 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

18 HOUSESTEADS CLOSE Sold Prices

Land registry data shows three sales for 18 HOUSESTEADS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 18 HOUSESTEADS CLOSE sales were for below 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
2023 15 DEC	£223,000	£342,395	35% below HPI
2021 9 JUL	£200,000	£305,392	35% below HPI
2007 27 JUL	£175,000	£246,909	29% below HPI

18 HOUSESTEADS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The three 18 HOUSESTEADS CLOSE sales between July 2007 and December 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2021 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2023 sale, which was also at 35% below the HPI.

What might 18 HOUSESTEADS CLOSE be worth now?

18 HOUSESTEADS CLOSE might now be worth an estimated £242,696.

This is based on house price inflation of 8.8%, between December 2023 and February 2025, for 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 8.8% inflationary increase is applied to the most recent sale price for 18 HOUSESTEADS CLOSE of £223,000 on 15th December 2023. For the value to have increased from £223,000 to £242,696 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 18 HOUSESTEADS CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The December 2023 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HOUSESTEADS CLOSE has not materially changed since December 2023.

How Large is 18 HOUSESTEADS CLOSE?

18 HOUSESTEADS CLOSE is 101m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 50% of detached houses houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wallsend, and where 18 HOUSESTEADS CLOSE lies on this distribution: 51% of detached houses houses are smaller than 18 HOUSESTEADS CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

18 HOUSESTEADS CLOSE: Plot and Title Map

18 HOUSESTEADS CLOSE sits on a plot of roughly 0.774 of an acre, or 3,132m². The below map shows the location of 18 HOUSESTEADS CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 18 HOUSESTEADS CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 18 HOUSESTEADS CLOSE?

18 HOUSESTEADS CLOSE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 18 on HOUSESTEADS CLOSE.