29, HOUSESTEADS CLOSE, WALLSEND, NE28 0BQ - £290,500

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.

29 HOUSESTEADS CLOSE is a very large detached house of 130m², built sometime from 2007 onwards, which could now be worth an estimated £314,142. It was last sold for £290,500 in August 2022, which was around 16% below the average August 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

29 HOUSESTEADS CLOSE Sold Prices

Land registry data shows four sales for 29 HOUSESTEADS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Most of the four 29 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
2022 12 AUG	£290,500	£344,593	16% below HPI
2019 16 OCT	£248,000	£287,947	14% below HPI
2015 3 JUL	£240,000	£251,257	4% below HPI
2007 23 NOV	£267,000	£250,501	7% above HPI

29 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 four 29 HOUSESTEADS CLOSE sales between November 2007 and August 2022 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 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 29 HOUSESTEADS CLOSE be worth now?

29 HOUSESTEADS CLOSE might now be worth an estimated £314,142.

This is based on house price inflation of 8.1%, between August 2022 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 8.1% inflationary increase is applied to the most recent sale price for 29 HOUSESTEADS CLOSE of £290,500 on 12th August 2022. For the value to have increased from £290,500 to £314,142 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 29 HOUSESTEADS CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The August 2022 sale price of £290,500 represented a fair market value for the property.
• The size, condition, and specification of 29 HOUSESTEADS CLOSE has not materially changed since August 2022.

How Large is 29 HOUSESTEADS CLOSE?

29 HOUSESTEADS CLOSE is 130m² according to the EPC inspection conducted in May 2014. This puts it in the largest 20% 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 29 HOUSESTEADS CLOSE lies on this distribution: 88% of detached houses houses are smaller than 29 HOUSESTEADS CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

29 HOUSESTEADS CLOSE: Plot and Title Map

29 HOUSESTEADS CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 29 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 29 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 29 HOUSESTEADS CLOSE?

29 HOUSESTEADS CLOSE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 29 on HOUSESTEADS CLOSE.