33, EDGE WAY, WALLSEND, NE28 9FH - £249,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

33 EDGE WAY is a large detached house of 113m², which could now be worth an estimated £306,433. It was last sold for £249,950 in March 2021, which was around 18% below the average March 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

33 EDGE WAY Sold Prices

Land registry data shows two sales for 33 EDGE 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 33 EDGE WAY 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
2021 26 MAR	£249,950	£303,951	18% below HPI
2018 29 MAR	£239,950	£277,599	14% below HPI

33 EDGE 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 33 EDGE WAY sales from March 2018 and March 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 March 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 33 EDGE WAY be worth now?

33 EDGE WAY might now be worth an estimated £306,433.

This is based on house price inflation of 22.6%, between March 2021 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 22.6% inflationary increase is applied to the most recent sale price for 33 EDGE WAY of £249,950 on 26th March 2021. For the value to have increased from £249,950 to £306,433 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 33 EDGE WAY has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The March 2021 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 33 EDGE WAY has not materially changed since March 2021.

How Large is 33 EDGE WAY?

33 EDGE WAY is 113m² according to the EPC inspection conducted in April 2018. This puts it in the largest 40% 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 33 EDGE WAY lies on this distribution: 62% of detached houses houses are smaller than 33 EDGE WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

33 EDGE WAY: Plot and Title Map

33 EDGE WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 33 EDGE 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 33 EDGE 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 33 EDGE WAY?

33 EDGE WAY is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 33 on EDGE WAY.