2, FENWICK CLOSE, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0RL - £230,000

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.

2 FENWICK CLOSE is a semi-detached house, which could now be worth an estimated £254,473. It was last sold for £230,000 in May 2024, which was around 12% above the average May 2024 semi-detached price in the North Tyneside local authority area.

2 FENWICK CLOSE Sold Prices

Land registry data shows five sales for 2 FENWICK CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. All of the five 2 FENWICK 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
2024 22 MAY	£230,000	£206,069	12% above HPI
2021 29 APR	£188,000	£182,746	3% above HPI
2016 16 DEC	£168,000	£156,875	7% above HPI
2012 27 JAN	£150,000	£132,497	13% above HPI
2004 23 DEC	£175,000	£128,965	36% above HPI

What might 2 FENWICK CLOSE be worth now?

2 FENWICK CLOSE might now be worth an estimated £254,473.

This is based on house price inflation of 10.6%, between May 2024 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 10.6% inflationary increase is applied to the most recent sale price for 2 FENWICK CLOSE of £230,000 on 22nd May 2024. For the value to have increased from £230,000 to £254,473 over the two years to May 2026, the following assumptions must hold true:

• The value of 2 FENWICK CLOSE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The May 2024 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FENWICK CLOSE has not materially changed since May 2024.

Where is 2 FENWICK CLOSE?

2 FENWICK CLOSE is located in BACKWORTH, in the NE27 postcode district.