62, THE RISINGS, WALLSEND, NE28 9PB - £320,000

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.

62 THE RISINGS is a very large detached house of 125m², which could now be worth an estimated £342,726. It was last sold for £320,000 in November 2023, which was around 8% below the average November 2023 detached price in the North Tyneside local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.

62 THE RISINGS Sold Prices

Land registry data shows two sales for 62 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 62 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
2023 20 NOV	£320,000	£347,928	8% below HPI
2018 26 JAN	£254,000	£276,466	8% below HPI

62 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 62 THE RISINGS sales from January 2018 and November 2023 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 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2023 sale, which was also at 8% below the HPI.

What might 62 THE RISINGS be worth now?

62 THE RISINGS might now be worth an estimated £342,726.

This is based on house price inflation of 7.1%, between November 2023 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 7.1% inflationary increase is applied to the most recent sale price for 62 THE RISINGS of £320,000 on 20th November 2023. For the value to have increased from £320,000 to £342,726 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 62 THE RISINGS has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The November 2023 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 62 THE RISINGS has not materially changed since November 2023.

How Large is 62 THE RISINGS?

62 THE RISINGS is 125m² according to the EPC inspection conducted in January 2018. This puts it in the largest 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 62 THE RISINGS lies on this distribution: 83% of detached houses houses are smaller than 62 THE RISINGS, and 17% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

62 THE RISINGS: Plot and Title Map

62 THE RISINGS sits on a plot of roughly 2.6 acres, or 10,679m². The below map shows the location of 62 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 62 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 62 THE RISINGS?

62 THE RISINGS is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 62 on THE RISINGS.