48, EDGEFIELD, WEST ALLOTMENT, NEWCASTLE UPON TYNE, NE27 0BT - £230,050

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

48 EDGEFIELD is a very small detached house of 83m², built sometime between 2003 and 2006, which could now be worth an estimated £259,742. It was last sold for £230,050 in April 2022, which was around 30% below the average April 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

48 EDGEFIELD Sold Prices

Land registry data shows three sales for 48 EDGEFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 48 EDGEFIELD 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 29 APR	£230,050	£328,247	30% below HPI
2006 8 SEP	£185,000	£234,609	21% below HPI
2004 2 NOV	£180,000	£213,372	16% below HPI

48 EDGEFIELD 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 three 48 EDGEFIELD sales between November 2004 and April 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 September 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 48 EDGEFIELD be worth now?

48 EDGEFIELD might now be worth an estimated £259,742.

This is based on house price inflation of 12.9%, between April 2022 and December 2024, 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 12.9% inflationary increase is applied to the most recent sale price for 48 EDGEFIELD of £230,050 on 29th April 2022. For the value to have increased from £230,050 to £259,742 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of 48 EDGEFIELD has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The April 2022 sale price of £230,050 represented a fair market value for the property.
• The size, condition, and specification of 48 EDGEFIELD has not materially changed since April 2022.

How Large is 48 EDGEFIELD?

48 EDGEFIELD is 83m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% 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 48 EDGEFIELD lies on this distribution: 15% of detached houses houses are smaller than 48 EDGEFIELD, and 84% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

48 EDGEFIELD: Plot and Title Map

48 EDGEFIELD sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 48 EDGEFIELD, 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 48 EDGEFIELD). 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 48 EDGEFIELD?

48 EDGEFIELD is located in WEST ALLOTMENT, in the NE27 postcode district. The below map shows the position of No. 48 on EDGEFIELD.