61, THE RISINGS, WALLSEND, NE28 9PB - £195,000

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.

61 THE RISINGS is a very small semi-detached house of 81m², which could now be worth an estimated £227,131. It was last sold for £195,000 in November 2021, which was around 2% above the average November 2021 semi-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.

61 THE RISINGS Sold Prices

Land registry data shows three sales for 61 THE RISINGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 61 THE RISINGS 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
2021 12 NOV	£195,000	£191,908	2% above HPI
2020 17 JAN	£180,000	£167,297	8% above HPI
2017 21 APR	£179,995	£153,130	18% above HPI

61 THE RISINGS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Tyneside local authority area over time, sourced from the HPI. The three 61 THE RISINGS sales between April 2017 and November 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 2020 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 61 THE RISINGS be worth now?

61 THE RISINGS might now be worth an estimated £227,131.

This is based on house price inflation of 16.5%, between November 2021 and February 2025, for semi-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 16.5% inflationary increase is applied to the most recent sale price for 61 THE RISINGS of £195,000 on 12th November 2021. For the value to have increased from £195,000 to £227,131 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 61 THE RISINGS has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The November 2021 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 61 THE RISINGS has not materially changed since November 2021.

How Large is 61 THE RISINGS?

61 THE RISINGS is 81m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of semi-detached houses houses in Wallsend, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wallsend, and where 61 THE RISINGS lies on this distribution: 16% of semi-detached houses houses are smaller than 61 THE RISINGS, and 83% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

61 THE RISINGS: Plot and Title Map

61 THE RISINGS sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 61 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 61 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 61 THE RISINGS?

61 THE RISINGS is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 61 on THE RISINGS.