3, Closefield Grove
3, Closefield Grove
Description & Estimates
3, Closefield Grove, Whitley Bay is recorded publicly as an early-century leasehold apartment across 484 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 3, Closefield Grove, Whitley Bay is £138,890 and its rental estimate is £940 per month, given the available information and assuming reasonable condition.
Closefield Grove, Whitley Bay, NE25 falls within the NE25 postal district, in the borough of North Tyneside.
Our Data Sources
3, Closefield Grove, Whitley Bay has 41 entries in the Land Registry , most recently in December 2017 and a single entry in the EPC database dated July 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 3, Closefield Grove, Whitley Bay, we estimate a market value of £145,834 and a rental value of £987 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £129,168 and £874 per month respectively.
Recent Market Change
Over the last year, 3, Closefield Grove, Whitley Bay has seen its estimated sale value increase by £1,770 (1.3%) and its estimated rental value grow by £27 per month (2.8%). This results in an estimated gross rental yield of 8.1%.
Energy Efficiency
3, Closefield Grove, Whitley Bay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jul 2017.
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 3, Closefield Grove, Whitley Bay completed on 8th December 2017 at £133,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 4.4% over the period since December 2017.
- Sold Dec 2017£133,500
- Sold Aug 2010£116,000
- Sold Apr 2006£118,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Closefield Grove, Whitley Bay have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th August 2020, was 9, Relton Place, Whitley Bay, NE25 8DU, a leasehold flat which sold for £98,000.
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 141 addresses on Closefield Grove, Whitley Bay, NE25, 3, Closefield Grove, Whitley Bay comes out as the 140th largest and the 135th most expensive in our analysis of the public data.
It is also £132k less expensive than the average property across the NE25 district.
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Schools Nearby
- 300mAppletree Gardens First School
- 700mLangley First School
- 700mStar of the Sea Catholic Primary School, Whitley Bay
- 900mMonkseaton High School
- 1.0kmWhitley Bay High School
- 2.0kmMarden High School
More reading links
Public Transport Nearby
From 3, Closefield Grove, Whitley Bay, the nearest station is Northumberland Park (Tyne & Wear), 3.6 kilometres away.
- 3.6kmNorthumberland Park (Tyne & Wear)
- 6.1kmSeaton Delaval
- 8.0kmNewsham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
