5, LEICESTER CLOSE, WALLSEND, NE28 9YZ - £250,000

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.

5 LEICESTER CLOSE is a very small detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £250,655. It was last sold for £250,000 in December 2024, which was around 33% below the average December 2024 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

5 LEICESTER CLOSE Sold Prices

Land registry data shows two sales for 5 LEICESTER 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 5 LEICESTER 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
2024 20 DEC	£250,000	£371,663	33% below HPI
2020 14 OCT	£192,000	£300,951	36% below HPI

5 LEICESTER 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 5 LEICESTER CLOSE sales from October 2020 and December 2024 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 2020 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2024 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 5 LEICESTER CLOSE be worth now?

5 LEICESTER CLOSE might now be worth an estimated £250,655.

This is based on house price inflation of 0.3%, between December 2024 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 0.3% inflationary increase is applied to the most recent sale price for 5 LEICESTER CLOSE of £250,000 on 20th December 2024. For the value to have increased from £250,000 to £250,655 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 5 LEICESTER CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The December 2024 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LEICESTER CLOSE has not materially changed since December 2024.

How Large is 5 LEICESTER CLOSE?

5 LEICESTER CLOSE is 82m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 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 5 LEICESTER CLOSE lies on this distribution: 17% of detached houses houses are smaller than 5 LEICESTER CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

5 LEICESTER CLOSE: Plot and Title Map

5 LEICESTER CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 5 LEICESTER 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 5 LEICESTER 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 5 LEICESTER CLOSE?

5 LEICESTER CLOSE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 5 on LEICESTER CLOSE.