21, WALTHAM CLOSE, WALLSEND, NE28 8TA - £166,500

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.

21 WALTHAM CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £215,470. It was last sold for £166,500 in October 2019, which was around 42% below the average October 2019 detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

21 WALTHAM CLOSE Sold Prices

Land registry data shows two sales for 21 WALTHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 21 WALTHAM 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
2019 18 OCT	£166,500	£287,947	42% below HPI
2013 23 DEC	£125,000	£227,730	45% below HPI

21 WALTHAM 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 two 21 WALTHAM CLOSE sales from December 2013 and October 2019 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 December 2013 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2019 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 21 WALTHAM CLOSE be worth now?

21 WALTHAM CLOSE might now be worth an estimated £215,470.

This is based on house price inflation of 29.4%, between October 2019 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 29.4% inflationary increase is applied to the most recent sale price for 21 WALTHAM CLOSE of £166,500 on 18th October 2019. For the value to have increased from £166,500 to £215,470 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 21 WALTHAM CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The October 2019 sale price of £166,500 represented a fair market value for the property.
• The size, condition, and specification of 21 WALTHAM CLOSE has not materially changed since October 2019.

How Large is 21 WALTHAM CLOSE?

21 WALTHAM CLOSE is 74m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% 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 21 WALTHAM CLOSE lies on this distribution: 6% of detached houses houses are smaller than 21 WALTHAM CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

21 WALTHAM CLOSE: Plot and Title Map

21 WALTHAM CLOSE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 21 WALTHAM 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 21 WALTHAM 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 21 WALTHAM CLOSE?

21 WALTHAM CLOSE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 21 on WALTHAM CLOSE.