24, GRASMERE CRESCENT, WHITLEY BAY, NE26 3TB - £286,000

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.

24 GRASMERE CRESCENT is a small extended detached house of 121m², built sometime between 1950 and 1966, which could now be worth an estimated £466,020. It was last sold for £286,000 in February 2010, which was around 28% above the average February 2010 detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

24 GRASMERE CRESCENT Sold Prices

Land registry data shows three sales for 24 GRASMERE CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 24 GRASMERE CRESCENT 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
2010 5 FEB	£286,000	£223,997	28% above HPI
2005 25 AUG	£275,000	£220,118	25% above HPI
1996 29 FEB	£96,500	£74,984	29% above HPI

24 GRASMERE CRESCENT 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 three 24 GRASMERE CRESCENT sales between February 1996 and February 2010 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 August 2005 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2010 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 24 GRASMERE CRESCENT be worth now?

24 GRASMERE CRESCENT might now be worth an estimated £466,020.

This is based on house price inflation of 62.9%, between February 2010 and June 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 62.9% inflationary increase is applied to the most recent sale price for 24 GRASMERE CRESCENT of £286,000 on 5th February 2010. For the value to have increased from £286,000 to £466,020 over the fourteen years and eight months to June 2025, the following assumptions must hold true:

• The value of 24 GRASMERE CRESCENT has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The February 2010 sale price of £286,000 represented a fair market value for the property.
• The size, condition, and specification of 24 GRASMERE CRESCENT has not materially changed since February 2010.

How Large is 24 GRASMERE CRESCENT?

24 GRASMERE CRESCENT is 121m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 40% of detached houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitley Bay, and where 24 GRASMERE CRESCENT lies on this distribution: 39% of detached houses houses are smaller than 24 GRASMERE CRESCENT, and 61% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

24 GRASMERE CRESCENT: Plot and Title Map

24 GRASMERE CRESCENT sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 24 GRASMERE CRESCENT, 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 24 GRASMERE CRESCENT). 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 24 GRASMERE CRESCENT?

24 GRASMERE CRESCENT is located in WHITLEY BAY, in the NE26 postcode district. The below map shows the position of No. 24 on GRASMERE CRESCENT.