62, WESTERDALE, WALLSEND, NE28 8UB - £173,000

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 WESTERDALE is a small extended semi-detached house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £217,199. It was last sold for £173,000 in November 2020, which was around 3% below the average November 2020 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

62 WESTERDALE Sold Prices

Land registry data shows three sales for 62 WESTERDALE 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. One of the three 62 WESTERDALE sales was for below the average price, whilst two 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
2020 13 NOV	£173,000	£178,043	3% below HPI
2018 1 FEB	£169,950	£162,463	5% above HPI
2014 29 SEP	£150,000	£146,434	2% above HPI

62 WESTERDALE 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 62 WESTERDALE sales between September 2014 and November 2020 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 February 2018 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 62 WESTERDALE be worth now?

62 WESTERDALE might now be worth an estimated £217,199.

This is based on house price inflation of 25.5%, between November 2020 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 25.5% inflationary increase is applied to the most recent sale price for 62 WESTERDALE of £173,000 on 13th November 2020. For the value to have increased from £173,000 to £217,199 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 62 WESTERDALE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The November 2020 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 62 WESTERDALE has not materially changed since November 2020.

How Large is 62 WESTERDALE?

62 WESTERDALE is 84m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% 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 62 WESTERDALE lies on this distribution: 21% of semi-detached houses houses are smaller than 62 WESTERDALE, and 78% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

62 WESTERDALE: Plot and Title Map

62 WESTERDALE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 62 WESTERDALE, 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 WESTERDALE). 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 WESTERDALE?

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