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According to the public record, 18, Esplanade, Whitley Bay is a period leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Esplanade, Whitley Bay is £112,320 and the estimated rental value is £816 per month.
The apartment is within 18, Esplanade, Whitley Bay, NE26.
Esplanade, Whitley Bay, NE26 is located in the borough of North Tyneside within the NE26 postal district.
18, Esplanade, Whitley Bay has 31 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated May 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 18, Esplanade, Whitley Bay is in very good condition we estimate a sale value of £117,936 and a rental value of £857 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,458 and a rental value of £759 per month.
Over the last 12 months the sale value of 18 Esplanade Whitley Bay has decreased by an estimated £81 (0.1%) and its rental value has increased by an estimated £10 per month (1.2%), giving an expected gross yield of 8.7%.
18, Esplanade, Whitley Bay has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 18, Esplanade, Whitley Bay was last sold on 19th November 2021 for £64,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2021, the market for similar properties has risen 17.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Esplanade, Whitley Bay within a radius of 480 metres over the last 2 years.
The most recent example is Flat B, 51-52 , Esplanade, Whitley Bay, NE26 2AS, a leasehold flat which sold for £90,000 on the 1st October 2024.
Read more about house prices in NE26.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Esplanade, Whitley Bay, NE26 has a total of 101 addresses. According to our analysis of all the public data, 18, Esplanade, Whitley Bay is the 99th largest and the 94th most expensive property on the street.
When compared to the postcode district it is £263k less expensive than the average property in NE26.
The closest station to 18, Esplanade, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 5.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 18, Esplanade, Whitley Bay, 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 18, Esplanade, Whitley Bay, 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 18, Esplanade, Whitley Bay, 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 18, Esplanade, Whitley Bay, 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 18, Esplanade, Whitley Bay, 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.
