7, WALLINGTON CLOSE, NORTH SHIELDS, NE30 3AP - £235,000

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.

7 WALLINGTON CLOSE is a very small semi-detached house of 56m², built in 2018, which could now be worth an estimated £256,004. It was last sold for £235,000 in November 2023, which was around 12% above the average November 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 B, and the potential energy rating was A.

7 WALLINGTON CLOSE Sold Prices

Land registry data shows three sales for 7 WALLINGTON CLOSE 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. All of the three 7 WALLINGTON CLOSE 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 17 NOV	£235,000	£209,290	12% above HPI
2022 8 APR	£210,000	£197,537	6% above HPI
2019 24 APR	£225,000	£158,437	42% above HPI

7 WALLINGTON CLOSE 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 7 WALLINGTON CLOSE sales between April 2019 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 April 2022 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2023 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 7 WALLINGTON CLOSE be worth now?

7 WALLINGTON CLOSE might now be worth an estimated £256,004.

This is based on house price inflation of 8.9%, between November 2023 and May 2026, 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 8.9% inflationary increase is applied to the most recent sale price for 7 WALLINGTON CLOSE of £235,000 on 17th November 2023. For the value to have increased from £235,000 to £256,004 over the three years and six months to May 2026, the following assumptions must hold true:

• The value of 7 WALLINGTON CLOSE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The November 2023 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WALLINGTON CLOSE has not materially changed since November 2023.

How Large is 7 WALLINGTON CLOSE?

7 WALLINGTON CLOSE is 56m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of semi-detached houses houses in Tynemouth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tynemouth, and where 7 WALLINGTON CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 7 WALLINGTON CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

7 WALLINGTON CLOSE: Plot and Title Map

7 WALLINGTON CLOSE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 7 WALLINGTON CLOSE, 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 7 WALLINGTON CLOSE). 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 7 WALLINGTON CLOSE?

7 WALLINGTON CLOSE is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 7 on WALLINGTON CLOSE.