4, ROSEWOOD CLOSE, NORTH SHIELDS, NE29 8AG - £325,000

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.

4 ROSEWOOD CLOSE is a large detached house of 135m², which could now be worth an estimated £421,457. It was last sold for £325,000 in June 2019, which was around 15% above the average June 2019 detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

4 ROSEWOOD CLOSE Sold Prices

Land registry data shows two sales for 4 ROSEWOOD 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 4 ROSEWOOD CLOSE 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
2019 4 JUN	£325,000	£282,165	15% above HPI
2016 25 AUG	£325,950	£265,683	23% above HPI

4 ROSEWOOD 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 4 ROSEWOOD CLOSE sales from August 2016 and June 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 August 2016 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2019 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 4 ROSEWOOD CLOSE be worth now?

4 ROSEWOOD CLOSE might now be worth an estimated £421,457.

This is based on house price inflation of 29.7%, between June 2019 and March 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 29.7% inflationary increase is applied to the most recent sale price for 4 ROSEWOOD CLOSE of £325,000 on 4th June 2019. For the value to have increased from £325,000 to £421,457 over the six years and three months to March 2025, the following assumptions must hold true:

• The value of 4 ROSEWOOD CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The June 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ROSEWOOD CLOSE has not materially changed since June 2019.

How Large is 4 ROSEWOOD CLOSE?

4 ROSEWOOD CLOSE is 135m² according to the EPC inspection conducted in August 2016. This puts it in the largest 30% 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 4 ROSEWOOD CLOSE lies on this distribution: 74% of detached houses houses are smaller than 4 ROSEWOOD CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

4 ROSEWOOD CLOSE: Plot and Title Map

4 ROSEWOOD CLOSE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 4 ROSEWOOD 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 4 ROSEWOOD 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 4 ROSEWOOD CLOSE?

4 ROSEWOOD CLOSE is located in NORTH SHIELDS, in the NE29 postcode district. The below map shows the position of No. 4 on ROSEWOOD CLOSE.