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8 Esplanade is a residential building situated on Esplanade, Whitley Bay, NE26 with 2 addresses.
It ranks as the 139th largest and 241st most expensive of the 273 buildings in the NE26 area.
The building contains a total of 2 properties: 2 flats.
8 Esplanade is a residential building situated on Esplanade, Whitley Bay, NE26 with 2 addresses.
It ranks as the 139th largest and 241st most expensive of the 273 buildings in the NE26 area.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £137,286 for 3 bedroom leasehold flats (957 ft2) to £426,775 for 3 bedroom leasehold flats (1,093 ft2) .
Monthly rental prices range from £902 pcm for 3 bed flats to £1,674 pcm for 3 bed flats.
The gross rental yield is between 4.7% and 7.9%.
The average value per square foot is £267.
The last sale in 8 Esplanade sold for £234,000 on 31st March 2020. Since then prices are up an average of 33.7%.
The current average value in the building is £282,031.
The 8 Esplanade Sales Market has increased by 43.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.7% | £282,031 |
| May 2025 | 1.4% | £280,113 |
| May 2024 | 3.8% | £276,120 |
| May 2023 | 6.6% | £265,941 |
| May 2022 | 8.9% | £249,491 |
| May 2021 | 7.9% | £229,200 |
| May 2020 | 1% | £212,438 |
| May 2019 | 2.6% | £210,283 |
| May 2018 | 0.3% | £204,948 |
| May 2017 | 3.8% | £204,264 |
| May 2016 | 3.5% | £196,712 |
| May 2015 | 3.6% | £189,988 |
| May 2014 | 5.6% | £183,443 |
| May 2013 | -2.3% | £173,766 |
| May 2012 | 0.5% | £177,780 |
| May 2011 | 1.8% | £176,837 |
| May 2010 | 3.2% | £173,637 |
| May 2009 | -10.1% | £168,328 |
| May 2008 | 0.2% | £187,146 |
| May 2007 | 0% | £186,819 |
The current average rental value in the building is £1,288.
The 8 Esplanade Rental Market has increased by 33.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2% | £1,288pcm |
| May 2025 | 1.3% | £1,263pcm |
| May 2024 | 11.1% | £1,246pcm |
| May 2023 | 9.1% | £1,122pcm |
| May 2022 | 6.2% | £1,028pcm |
| May 2021 | 3.3% | £968pcm |
| May 2020 | 1.9% | £938pcm |
| May 2019 | -1.1% | £920pcm |
| May 2018 | -2.6% | £931pcm |
| May 2017 | -0.9% | £956pcm |
| May 2016 | 1% | £964pcm |
| May 2015 | 0.7% | £955pcm |
| May 2014 | 0.2% | £948pcm |
| May 2013 | 0.5% | £947pcm |
| May 2012 | 0.4% | £942pcm |
| May 2011 | 2.3% | £938pcm |
| May 2010 | 0.7% | £917pcm |
| May 2009 | -5.9% | £911pcm |
| May 2008 | 2.7% | £968pcm |
| May 2007 | 0% | £942pcm |
The last sale was on 31st March 2020 for £234,000 and since then the market in the area has increased by 33.7%. The building has had a total of 1 sales since 1995.
8, Esplanade, Whitley Bay, NE26 2AG has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 8, Esplanade, Whitley Bay, NE26 2AG is Northumberland Park (Tyne & Wear) station which is 5.1 kilometres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Esplanade, Whitley Bay, NE26 2AG, 50.9% of property is privately rented and 27.7% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8, Esplanade, Whitley Bay, NE26 2AG, 22.1% of residents are recorded as possessing school level qualifications and 38.4% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Esplanade, Whitley Bay, NE26 2AG, the average age was 41.9 and the most common age was 42.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8, Esplanade, Whitley Bay, NE26 2AG, 0.2% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8, Esplanade, Whitley Bay, NE26 2AG, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.