2, Chapel Lane
2, Chapel Lane
Description & Estimates
2, Chapel Lane, Whitley Bay is recorded publicly as a period freehold house across 904 ft2 of internal area, sitting on a 107 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Chapel Lane, Whitley Bay is £295,477 and its rental estimate is £1,720 per month, given the available information and assuming reasonable condition.
Chapel Lane, Whitley Bay, NE25 falls within the NE25 postal district, in the borough of North Tyneside.
Our Data Sources
2, Chapel Lane, Whitley Bay has 21 entries in the Land Registry , most recently in February 2017 and a single entry in the EPC database dated August 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Chapel Lane, Whitley Bay, we estimate a market value of £310,250 and a rental value of £1,806 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £274,793 and £1,600 per month respectively.
Recent Market Change
Over the last year, 2, Chapel Lane, Whitley Bay has seen its estimated sale value grow by £7,474 (2.5%) and its estimated rental value climb by £68 per month (4.0%). This results in an estimated gross rental yield of 7.0%.
Plot Size
HM Land Registry records the plot of land for 2, Chapel Lane, Whitley Bay as measuring 107 m2.
That makes it the 5th largest plot in the postcode, where 6 of the 8 other houses have recorded plot data.
Energy Efficiency
2, Chapel Lane, Whitley Bay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Aug 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Chapel Lane, Whitley Bay completed on 16th February 2017 at £160,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 41.1% over the period since February 2017.
- Sold Feb 2017£160,000
- Sold Nov 1995£53,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Chapel Lane, Whitley Bay have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th January 2025, was 21, Princes Gardens, Whitley Bay, NE25 8EA, a freehold house which sold for £280,000.
Read more about house prices in NE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 46 addresses on Chapel Lane, Whitley Bay, NE25, 2, Chapel Lane, Whitley Bay comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £25k more expensive than the average property across the NE25 district.
More reading links
Schools Nearby
- 400mAppletree Gardens First School
- 800mLangley First School
- 800mStar of the Sea Catholic Primary School, Whitley Bay
- 900mWhitley Bay High School
- 1.0kmMonkseaton High School
- 2.1kmMarden High School
More reading links
Public Transport Nearby
From 2, Chapel Lane, Whitley Bay, the nearest station is Northumberland Park (Tyne & Wear), 3.7 kilometres away.
- 3.7kmNorthumberland Park (Tyne & Wear)
- 6.1kmSeaton Delaval
- 8.0kmNewsham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
