224, ABBOTS WAY, NORTH SHIELDS, NE29 8LR - £310,000

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.

224 ABBOTS WAY is a very large extended detached house of 276m², built sometime between 1976 and 1982, which could now be worth an estimated £502,377. It was last sold for £310,000 in July 2010, which was around 35% above the average July 2010 detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

224 ABBOTS WAY Sold Prices

Land registry data shows two sales for 224 ABBOTS WAY 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 224 ABBOTS WAY 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
2010 30 JUL	£310,000	£229,942	35% above HPI
1995 20 OCT	£119,000	£77,984	53% above HPI

224 ABBOTS WAY 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 224 ABBOTS WAY sales from October 1995 and July 2010 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 October 1995 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the July 2010 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 224 ABBOTS WAY be worth now?

224 ABBOTS WAY might now be worth an estimated £502,377.

This is based on house price inflation of 62.1%, between July 2010 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 62.1% inflationary increase is applied to the most recent sale price for 224 ABBOTS WAY of £310,000 on 30th July 2010. For the value to have increased from £310,000 to £502,377 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of 224 ABBOTS WAY has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The July 2010 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 224 ABBOTS WAY has not materially changed since July 2010.

How Large is 224 ABBOTS WAY?

224 ABBOTS WAY is 276m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 10% of detached houses houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tynemouth, and where 224 ABBOTS WAY lies on this distribution: 99% of detached houses houses are smaller than 224 ABBOTS WAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

224 ABBOTS WAY: Plot and Title Map

224 ABBOTS WAY sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of 224 ABBOTS WAY, 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 224 ABBOTS WAY). 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 224 ABBOTS WAY?

224 ABBOTS WAY is located in NORTH SHIELDS, in the NE29 postcode district. The below map shows the position of No. 224 on ABBOTS WAY.