6, EDGE WAY, WALLSEND, NE28 9FH - £224,000

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

6 EDGE WAY is a small detached house of 90m², which could now be worth an estimated £274,842. It was last sold for £224,000 in January 2021, which was around 26% below the average January 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

6 EDGE WAY Sold Prices

Land registry data shows two sales for 6 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 6 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 12 JAN	£224,000	£302,055	26% below HPI
2018 21 DEC	£226,950	£285,624	21% below HPI

6 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 6 EDGE WAY sales from December 2018 and January 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 December 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 6 EDGE WAY be worth now?

6 EDGE WAY might now be worth an estimated £274,842.

This is based on house price inflation of 22.7%, between January 2021 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 22.7% inflationary increase is applied to the most recent sale price for 6 EDGE WAY of £224,000 on 12th January 2021. For the value to have increased from £224,000 to £274,842 over the two years and one month to December 2024, the following assumptions must hold true:

• The value of 6 EDGE WAY has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The January 2021 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 6 EDGE WAY has not materially changed since January 2021.

How Large is 6 EDGE WAY?

6 EDGE WAY is 90m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 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 6 EDGE WAY lies on this distribution: 30% of detached houses houses are smaller than 6 EDGE WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

6 EDGE WAY: Plot and Title Map

6 EDGE WAY sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 6 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 6 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 6 EDGE WAY?

6 EDGE WAY is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 6 on EDGE WAY.