2, THE RISINGS, WALLSEND, NE28 9PB - £201,795

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.

2 THE RISINGS is a very small detached house of 83m², built in 2015, which could now be worth an estimated £284,587. It was last sold for £201,795 in September 2017, which was around 26% below the average September 2017 detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was A.

2 THE RISINGS Sold Prices

Land registry data shows one sale for 2 THE RISINGS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 29 SEP	£201,795	£271,177	26% below HPI

What might 2 THE RISINGS be worth now?

2 THE RISINGS might now be worth an estimated £284,587.

This is based on house price inflation of 41%, between September 2017 and July 2026, 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 41% inflationary increase is applied to the most recent sale price for 2 THE RISINGS of £201,795 on 29th September 2017. For the value to have increased from £201,795 to £284,587 over the nine years and two months to July 2026, the following assumptions must hold true:

• The value of 2 THE RISINGS has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The September 2017 sale price of £201,795 represented a fair market value for the property.
• The size, condition, and specification of 2 THE RISINGS has not materially changed since September 2017.

How Large is 2 THE RISINGS?

2 THE RISINGS is 83m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 2 THE RISINGS lies on this distribution: 18% of detached houses are smaller than 2 THE RISINGS, and 80% of detached houses are larger. Note that EPC data is not available for all properties in Wallsend.

2 THE RISINGS: Plot

2 THE RISINGS sits on a plot of roughly 0.066 of an acre, or 269m².

Where is 2 THE RISINGS?

2 THE RISINGS is located in WALLSEND, in the NE28 postcode district.