4, Elwin Close
4, Elwin Close
Description & Estimates
4, Elwin Close, Whitley Bay appears in the public record as a freehold house sitting on a 80.7 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,083 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 4, Elwin Close, Whitley Bay is £216,166 and its rental estimate is £1,227 per month, given the available information and assuming reasonable condition.
Elwin Close, Seaton Sluice, Whitley Bay, NE26 falls within the NE26 postal district.
Our Data Sources
4, Elwin Close, Whitley Bay has 21 entries in the Land Registry , most recently in March 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
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 4, Elwin Close, Whitley Bay, we estimate a market value of £226,974 and a rental value of £1,289 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £201,034 and £1,142 per month respectively.
Recent Market Change
Over the last year, 4, Elwin Close, Whitley Bay has seen its estimated sale value increase by £5,189 (2.4%) and its estimated rental value grow by £46 per month (3.7%). This results in an estimated gross rental yield of 6.8%.
Plot Size
HM Land Registry records the plot of land for 4, Elwin Close, Whitley Bay as measuring 81 m2.
That makes it the 18th largest plot in the postcode, where 22 of the 26 other houses have recorded plot data.
Sold Prices
The most recent sale of 4, Elwin Close, Whitley Bay completed on 23rd March 2007 at £116,000 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 133.8% over the period since March 2007.
- Sold Mar 2007£116,000
- Sold Jul 2004£100,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Elwin Close, Whitley Bay have sold within a radius of 2.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st August 2024, was 58, Millfield, Whitley Bay, NE26 4DD, a freehold house which sold for £185,000.
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
Of the 34 addresses on Elwin Close, Seaton Sluice, Whitley Bay, NE26, 4, Elwin Close, Whitley Bay comes out as the 5th largest and the 8th most expensive in our analysis of the public data.
It is also £159k less expensive than the average property across the NE26 district.
More reading links
Schools Nearby
- 200mSeaton Sluice First School
- 2.5kmHolywell Village First School
- 2.8kmWhitley Lodge First School
- 3.2kmSeaton Valley High School
- 3.6kmWhitley Bay High School
- 5.4kmMonkseaton High School
More reading links
Public Transport Nearby
From 4, Elwin Close, Whitley Bay, the nearest station is Seaton Delaval, 4.0 kilometres away.
- 4.0kmSeaton Delaval
- 4.1kmNewsham
- 6.0kmNorthumberland Park (Tyne & Wear)
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.
