60, Grosvenor Drive
60, Grosvenor Drive
Description & Estimates
60, Grosvenor Drive, Whitley Bay is recorded publicly as a modern freehold house across 1,689 ft2 of internal area, sitting on a 248 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 60, Grosvenor Drive, Whitley Bay is £536,585 and its rental estimate is £2,491 per month, given the available information and assuming reasonable condition.
Grosvenor Drive, Whitley Bay, NE26 falls within the NE26 postal district, in the borough of North Tyneside.
Our Data Sources
60, Grosvenor Drive, Whitley Bay has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated July 2015.
We combine this information with that of neighbouring properties to estimate the property 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 60, Grosvenor Drive, Whitley Bay, we estimate a market value of £563,414 and a rental value of £2,615 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £499,024 and £2,316 per month respectively.
Recent Market Change
Over the last year, 60, Grosvenor Drive, Whitley Bay has seen its estimated sale value move up by £8,692 (1.6%) and its estimated rental value increase by £73 per month (2.9%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 60, Grosvenor Drive, Whitley Bay as measuring 248 m2.
That makes it the 26th largest plot in the postcode, where 32 of the 33 other houses have recorded plot data.
Energy Efficiency
60, Grosvenor Drive, Whitley Bay has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Jul 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of 60, Grosvenor Drive, Whitley Bay completed on 31st March 2016 at £368,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 85.6% over the period since March 2016.
- Sold Mar 2016£368,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 60, Grosvenor Drive, Whitley Bay have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th May 2024, was 22, Kings Drive, Whitley Bay, NE26 2JT, a freehold house which sold for £497,000.
Read more about house prices in NE26.
- Sold May 2024£497,000 | 4 Bed House22, Kings Drive, Whitley Bay, NE26 2JT22, Kings Drive, Whitley Bay, NE26 2JT
- Sold Feb 2021£340,000 | 4 Bed House64, Grosvenor Drive, Whitley Bay, NE26 2JS64, Grosvenor Drive, Whitley Bay, NE26 2JS
- Sold Feb 2021£520,000 | 5 Bed House33, Queens Drive, Whitley Bay, NE26 2JU33, Queens Drive, Whitley Bay, NE26 2JU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 122 addresses on Grosvenor Drive, Whitley Bay, NE26, 60, Grosvenor Drive, Whitley Bay comes out as the 30th largest and the 49th most expensive in our analysis of the public data.
It is also £162k more expensive than the average property across the NE26 district.
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Schools Nearby
- 700mMarine Park First School
- 900mAppletree Gardens First School
- 1.1kmSt Mary's Catholic Primary School, Cullercoats
- 1.2kmWhitley Bay High School
- 1.3kmMonkseaton High School
- 1.7kmMarden High School
More reading links
Public Transport Nearby
From 60, Grosvenor Drive, Whitley Bay, the nearest station is Northumberland Park (Tyne & Wear), 4.4 kilometres away.
- 4.4kmNorthumberland Park (Tyne & Wear)
- 6.7kmSeaton Delaval
- 8.3kmNewsham
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
