59, THE RISINGS, WALLSEND, NE28 9PB - £194,500

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

59 THE RISINGS is a very small detached house of 83m², which could now be worth an estimated £237,762. It was last sold for £194,500 in May 2021, which was around 36% below the average May 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

59 THE RISINGS Sold Prices

Land registry data shows two sales for 59 THE RISINGS 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 59 THE RISINGS 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 MAY	£194,500	£304,834	36% below HPI
2017 27 JAN	£194,995	£270,120	28% below HPI

59 THE RISINGS 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 59 THE RISINGS sales from January 2017 and May 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 January 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 59 THE RISINGS be worth now?

59 THE RISINGS might now be worth an estimated £237,762.

This is based on house price inflation of 22.2%, between May 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 22.2% inflationary increase is applied to the most recent sale price for 59 THE RISINGS of £194,500 on 26th May 2021. For the value to have increased from £194,500 to £237,762 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 59 THE RISINGS has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The May 2021 sale price of £194,500 represented a fair market value for the property.
• The size, condition, and specification of 59 THE RISINGS has not materially changed since May 2021.

How Large is 59 THE RISINGS?

59 THE RISINGS is 83m² according to the EPC inspection conducted in March 2017. 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 59 THE RISINGS lies on this distribution: 18% of detached houses houses are smaller than 59 THE RISINGS, and 80% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

59 THE RISINGS: Plot and Title Map

59 THE RISINGS sits on a plot of roughly 2.6 acres, or 10,679m². The below map shows the location of 59 THE RISINGS, 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 59 THE RISINGS). 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 59 THE RISINGS?

59 THE RISINGS is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 59 on THE RISINGS.