8, WIMSLOW CLOSE, WALLSEND, NE28 8TB - £113,000

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 WIMSLOW CLOSE is a very small terraced house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £141,911. It was last sold for £113,000 in September 2020, which was around 25% below the average September 2020 terraced price in the North Tyneside local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

8 WIMSLOW CLOSE Sold Prices

Land registry data shows three sales for 8 WIMSLOW CLOSE 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 WIMSLOW CLOSE sales were for below 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
2020 11 SEP	£113,000	£150,892	25% below HPI
2010 1 APR	£95,000	£119,899	21% below HPI
1996 19 JUL	£34,500	£36,519	6% below HPI

8 WIMSLOW CLOSE 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 WIMSLOW CLOSE sales between July 1996 and September 2020 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 2010 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 8 WIMSLOW CLOSE be worth now?

8 WIMSLOW CLOSE might now be worth an estimated £141,911.

This is based on house price inflation of 25.6%, between September 2020 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 25.6% inflationary increase is applied to the most recent sale price for 8 WIMSLOW CLOSE of £113,000 on 11th September 2020. For the value to have increased from £113,000 to £141,911 over the five years and three months to June 2025, the following assumptions must hold true:

• The value of 8 WIMSLOW CLOSE has moved in line with the HPI for terraced houses in the North Tyneside local authority area.
• The September 2020 sale price of £113,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WIMSLOW CLOSE has not materially changed since September 2020.

How Large is 8 WIMSLOW CLOSE?

8 WIMSLOW CLOSE is 62m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of terraced houses houses in Wallsend, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wallsend, and where 8 WIMSLOW CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 8 WIMSLOW CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

8 WIMSLOW CLOSE: Plot and Title Map

8 WIMSLOW CLOSE sits on a plot of roughly 0.021 of an acre, or 84m². The below map shows the location of 8 WIMSLOW 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 WIMSLOW 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 WIMSLOW CLOSE?

8 WIMSLOW CLOSE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 8 on WIMSLOW CLOSE.