8, HILLCREST, WHITLEY BAY, NE25 9AD - £349,000

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.

8 HILLCREST is a very small semi-detached house of 96m², built sometime between 1930 and 1949, which could now be worth an estimated £371,141. It was last sold for £349,000 in April 2023, which was around 66% above the average April 2023 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

8 HILLCREST Sold Prices

Land registry data shows four sales for 8 HILLCREST since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. Most of the four 8 HILLCREST 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
2023 6 APR	£349,000	£210,195	66% above HPI
2019 12 JUL	£285,000	£167,258	70% above HPI
2018 11 MAY	£220,000	£160,854	37% above HPI
1999 25 FEB	£44,000	£46,849	6% below HPI

8 HILLCREST 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 four 8 HILLCREST sales between February 1999 and April 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 July 2019 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the April 2023 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 8 HILLCREST be worth now?

8 HILLCREST might now be worth an estimated £371,141.

This is based on house price inflation of 6.3%, between April 2023 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 6.3% inflationary increase is applied to the most recent sale price for 8 HILLCREST of £349,000 on 6th April 2023. For the value to have increased from £349,000 to £371,141 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 8 HILLCREST has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The April 2023 sale price of £349,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HILLCREST has not materially changed since April 2023.

How Large is 8 HILLCREST?

8 HILLCREST is 96m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 20% of semi-detached houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whitley Bay, and where 8 HILLCREST lies on this distribution: 15% of semi-detached houses houses are smaller than 8 HILLCREST, and 85% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

8 HILLCREST: Plot and Title Map

8 HILLCREST sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 8 HILLCREST, 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 8 HILLCREST). 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 8 HILLCREST?

8 HILLCREST is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 8 on HILLCREST.