24, HILLCREST, WHITLEY BAY, NE25 9AF - £340,000

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.

24 HILLCREST is a small extended semi-detached house of 120m², built sometime between 1930 and 1949, which could now be worth an estimated £408,546. It was last sold for £340,000 in August 2021, which was around 83% above the average August 2021 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was D.

24 HILLCREST Sold Prices

Land registry data shows four sales for 24 HILLCREST since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. All of the four 24 HILLCREST 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
2021 11 AUG	£340,000	£186,026	83% above HPI
2004 21 OCT	£200,000	£128,077	56% above HPI
2002 28 OCT	£145,000	£76,552	89% above HPI
1998 23 OCT	£69,500	£48,287	44% above HPI

24 HILLCREST Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Tyneside local authority area over time, sourced from the HPI. The four 24 HILLCREST sales between October 1998 and August 2021 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 2004 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the August 2021 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

What might 24 HILLCREST be worth now?

24 HILLCREST might now be worth an estimated £408,546.

This is based on house price inflation of 20.2%, between August 2021 and February 2025, for semi-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 20.2% inflationary increase is applied to the most recent sale price for 24 HILLCREST of £340,000 on 11th August 2021. For the value to have increased from £340,000 to £408,546 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 24 HILLCREST has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The August 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 24 HILLCREST has not materially changed since August 2021.

How Large is 24 HILLCREST?

24 HILLCREST is 120m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of semi-detached houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whitley Bay, and where 24 HILLCREST lies on this distribution: 38% of semi-detached houses houses are smaller than 24 HILLCREST, and 62% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

24 HILLCREST: Plot and Title Map

24 HILLCREST sits on a plot of roughly 57.3 acres, or 231,989m². The below map shows the location of 24 HILLCREST, 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 24 HILLCREST). 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 24 HILLCREST?

24 HILLCREST is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 24 on HILLCREST.