7 Empress Point, Promenade
7 Empress Point, Promenade
Description & Estimates
7 Empress Point, Promenade, Whitley Bay is recorded publicly as a modern Leasehold apartment across 968 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 7 Empress Point, Promenade, Whitley Bay is £234,612 and its rental estimate is £1,320 per month, given the available information and assuming reasonable condition.
Promenade, Whitley Bay, NE26 falls within the NE26 postal district, in the borough of North Tyneside.
Our Data Sources
7 Empress Point, Promenade, Whitley Bay has a single entry in the Land Registry from January 2020 and a single entry in the EPC database dated August 2020.
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 7 Empress Point, Promenade, Whitley Bay, we estimate a market value of £246,343 and a rental value of £1,386 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £218,189 and £1,228 per month respectively.
Recent Market Change
Over the last year, 7 Empress Point, Promenade, Whitley Bay has seen its estimated sale value climb by £1,604 (0.7%) and its estimated rental value rise by £26 per month (2.0%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
7 Empress Point, Promenade, Whitley Bay has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Aug 2020.
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 7 Empress Point, Promenade, Whitley Bay completed on 31st January 2020 at £180,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 28.1% over the period since January 2020.
- Sold Jan 2020£180,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7 Empress Point, Promenade, Whitley Bay have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2024, was Flat 14, 60-68, South Parade, Whitley Bay, NE26 2RQ, a leasehold flat which sold for £150,000.
Read more about house prices in NE26.
- Sold Jun 2024£150,000 | 3 Bed Flat60-68, South ParadeFlat 14, 60-68, South Parade, Whitley Bay, NE26 2RQ
- Sold Jun 2024£160,000 | 3 Bed Flat60-68, South ParadeFlat 11, 60-68, South Parade, Whitley Bay, NE26 2RQ
- Sold Feb 2024£310,000 | 3 Bed Flat60-68, South ParadeFlat 8, 60-68, South Parade, Whitley Bay, NE26 2RQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 69 addresses on Promenade, Whitley Bay, NE26, 7 Empress Point, Promenade, Whitley Bay comes out as the 28th largest and the 27th most expensive in our analysis of the public data.
It is also £140k less expensive than the average property across the NE26 district.
More reading links
Schools Nearby
- 200mMarine Park First School
- 900mCoquet Park First School
- 1.0kmRockcliffe First School
- 1.3kmWhitley Bay High School
- 2.1kmMonkseaton High School
- 2.2kmMarden High School
More reading links
Public Transport Nearby
From 7 Empress Point, Promenade, Whitley Bay, the nearest station is Northumberland Park (Tyne & Wear), 5.0 kilometres away.
- 5.0kmNorthumberland Park (Tyne & Wear)
- 6.7kmSeaton Delaval
- 8.1kmNewsham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
