2, Oaktree Gardens
2, Oaktree Gardens
Description & Estimates
Public records show 2, Oaktree Gardens, Whitley Bay to be a mid-century leasehold apartment with 656 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
2, Oaktree Gardens, Whitley Bay has an estimated sale value of £97,553 and an estimated rental value of £739 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Oaktree Gardens, Whitley Bay, NE25.
Oaktree Gardens, Whitley Bay, NE25 lies in the borough of North Tyneside, within the NE25 postal district.
Our Data Sources
2, Oaktree Gardens, Whitley Bay has a single entry in the Land Registry from August 2012 and a single entry in the EPC database dated February 2023.
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.
Price Range & Condition
In very good condition, we estimate 2, Oaktree Gardens, Whitley Bay would be worth £102,431, with a potential rental value of £776 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £90,725, with a rental value of £687 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 2, Oaktree Gardens, Whitley Bay has moved up by £360 (0.4%) over the last year. During the same period, its estimated monthly rental value has increased by £11 (1.5%). The property's estimated gross yield is currently 9.1%.
Energy Efficiency
2, Oaktree Gardens, Whitley Bay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Oaktree Gardens, Whitley Bay last changed hands on 31st August 2012, selling for £19,470. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 84.2% since August 2012.
- Sold Aug 2012£19,470
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 520 metres of 2, Oaktree Gardens, Whitley Bay across the last 2 years.
Most recently, 3, Oaktree Gardens, Whitley Bay, NE25 8XF, a leasehold flat, sold at £87,500 on the 26th March 2021.
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
Our analysis of the public data ranks 2, Oaktree Gardens, Whitley Bay as the 13th largest and the 13th most expensive of the 28 addresses on Oaktree Gardens, Whitley Bay, NE25.
Against the NE25 postcode district average, it is £173k less expensive than the typical property.
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Schools Nearby
- 200mAppletree Gardens First School
- 200mStar of the Sea Catholic Primary School, Whitley Bay
- 700mLangley First School
- 400mMonkseaton High School
- 1.5kmWhitley Bay High School
- 1.6kmJohn Spence Community High School
More reading links
Public Transport Nearby
Northumberland Park (Tyne & Wear) station is the nearest stop to 2, Oaktree Gardens, Whitley Bay at 3.6 kilometres away.
- 3.6kmNorthumberland Park (Tyne & Wear)
- 6.5kmSeaton Delaval
- 8.5kmNewsham
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
