8, RUSSELL SQUARE, SEATON BURN, NEWCASTLE UPON TYNE, NE13 6HR - £270,000

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 RUSSELL SQUARE is a very large extended terraced house of 192m², built sometime between 1900 and 1929, which could now be worth an estimated £397,080. It was last sold for £270,000 in December 2014, which was around 110% above the average December 2014 terraced price in the North Tyneside local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

8 RUSSELL SQUARE Sold Prices

Land registry data shows three sales for 8 RUSSELL SQUARE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North Tyneside local authority area for the corresponding sale date. All of the three 8 RUSSELL SQUARE 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
2014 8 DEC	£270,000	£128,851	110% above HPI
2009 13 AUG	£240,000	£116,054	107% above HPI
2002 12 JUL	£195,000	£59,150	230% above HPI

8 RUSSELL SQUARE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Tyneside local authority area over time, sourced from the HPI. The three 8 RUSSELL SQUARE sales between July 2002 and December 2014 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 2009 sale was for 107% above the HPI. So the extrapolation line tracks at 107% above the HPI over time, until the December 2014 sale, where it rises to 110% above the HPI. The line then continues to track at 110% above the HPI.

What might 8 RUSSELL SQUARE be worth now?

8 RUSSELL SQUARE might now be worth an estimated £397,080.

This is based on house price inflation of 47.1%, between December 2014 and June 2025, for terraced 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 47.1% inflationary increase is applied to the most recent sale price for 8 RUSSELL SQUARE of £270,000 on 8th December 2014. For the value to have increased from £270,000 to £397,080 over the eleven years and six months to June 2025, the following assumptions must hold true:

• The value of 8 RUSSELL SQUARE has moved in line with the HPI for terraced houses in the North Tyneside local authority area.
• The December 2014 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RUSSELL SQUARE has not materially changed since December 2014.

How Large is 8 RUSSELL SQUARE?

8 RUSSELL SQUARE is 192m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 10% of terraced houses houses in Seaton Burn, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Seaton Burn, and where 8 RUSSELL SQUARE lies on this distribution: 94% of terraced houses houses are smaller than 8 RUSSELL SQUARE, and 6% of houses are larger. Note that EPC data is not available for all properties in Seaton Burn.

8 RUSSELL SQUARE: Plot and Title Map

8 RUSSELL SQUARE sits on a plot of roughly 0.181 of an acre, or 732m². The below map shows the location of 8 RUSSELL SQUARE, 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 RUSSELL SQUARE). 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 RUSSELL SQUARE?

8 RUSSELL SQUARE is located in SEATON BURN, in the NE13 postcode district. The below map shows the position of No. 8 on RUSSELL SQUARE.