16, Whitley Road
16, Whitley Road
Description & Estimates
The public record lists 16, Whitley Road, Whitley Bay as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 894 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
16, Whitley Road, Whitley Bay has an estimated sale value of £117,717 and an estimated rental value of £794 per month, assuming reasonable condition and based on the information available.
Whitley Road, Whitley Bay, NE26 lies in the borough of North Tyneside, within the NE26 postal district.
Our Data Sources
16, Whitley Road, Whitley Bay has 61 entries in the Land Registry , most recently in February 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 16, Whitley Road, Whitley Bay would be worth £123,603, with a potential rental value of £833 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £109,477, with a rental value of £738 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 16, Whitley Road, Whitley Bay has increased by £805 (0.7%) over the last year. During the same period, its estimated monthly rental value has grown by £16 (2.0%). The property's estimated gross yield is currently 8.1%.
Sold Prices
16, Whitley Road, Whitley Bay last changed hands on 2nd February 2007, selling for £112,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 6 times since 1995.
The market for similar properties has risen by 75.7% since February 2007.
- Sold Feb 2007£112,000
- Sold Jun 2004£94,950
- Sold Dec 2002£75,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 450 metres of 16, Whitley Road, Whitley Bay across the last 2 years.
Most recently, Lower Flat, 100, Whitley Road, Whitley Bay, NE26 2NE, a leasehold flat, sold at £125,000 on the 16th July 2008.
Read more about house prices in NE26.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 16, Whitley Road, Whitley Bay as the 126th largest and the 202nd most expensive of the 232 addresses on Whitley Road, Whitley Bay, NE26.
Against the NE26 postcode district average, it is £257k less expensive than the typical property.
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Schools Nearby
- 200mRockcliffe First School
- 600mCullercoats Primary School
- 1.1kmSt Mary's Catholic Primary School, Cullercoats
- 1.3kmMarden High School
- 2.0kmMonkseaton High School
- 2.0kmJohn Spence Community High School
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Public Transport Nearby
Northumberland Park (Tyne & Wear) station is the nearest stop to 16, Whitley Road, Whitley Bay at 5.4 kilometres away.
- 5.4kmNorthumberland Park (Tyne & Wear)
- 7.7kmSeaton Delaval
- 9.2kmNewsham
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
