8, PERTH CLOSE, NORTH SHIELDS, NE29 8DF - £221,000

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 PERTH CLOSE is a large extended detached house of 123m², built sometime between 1976 and 1982, which could now be worth an estimated £373,203. It was last sold for £221,000 in October 2012, which was around 2% below the average October 2012 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

8 PERTH CLOSE Sold Prices

Land registry data shows two sales for 8 PERTH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. One of the two 8 PERTH CLOSE sales was for below the average price, whilst the other was 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
2012 29 OCT	£221,000	£226,467	2% below HPI
1996 7 JUN	£86,000	£75,243	14% above HPI

8 PERTH CLOSE 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 two 8 PERTH CLOSE sales from June 1996 and October 2012 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 June 1996 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2012 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 8 PERTH CLOSE be worth now?

8 PERTH CLOSE might now be worth an estimated £373,203.

This is based on house price inflation of 68.9%, between October 2012 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 68.9% inflationary increase is applied to the most recent sale price for 8 PERTH CLOSE of £221,000 on 29th October 2012. For the value to have increased from £221,000 to £373,203 over the fourteen years and three months to July 2026, the following assumptions must hold true:

• The value of 8 PERTH CLOSE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The October 2012 sale price of £221,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PERTH CLOSE has not materially changed since October 2012.

How Large is 8 PERTH CLOSE?

8 PERTH CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 40% of detached houses houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tynemouth, and where 8 PERTH CLOSE lies on this distribution: 61% of detached houses houses are smaller than 8 PERTH CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

8 PERTH CLOSE: Plot and Title Map

8 PERTH CLOSE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 8 PERTH 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 8 PERTH 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 8 PERTH CLOSE?

8 PERTH CLOSE is located in NORTH SHIELDS, in the NE29 postcode district. The below map shows the position of No. 8 on PERTH CLOSE.