8, Fairfield Drive
8, Fairfield Drive
Description & Estimates
According to the public record, 8, Fairfield Drive, Whitley Bay is an early-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Fairfield Drive, Whitley Bay is £136,345 and the estimated rental value is £906 per month.
The apartment is within 8, Fairfield Drive, Whitley Bay, NE25.
Fairfield Drive, Whitley Bay, NE25 is located in the borough of North Tyneside within the NE25 postal district.
Our Data Sources
8, Fairfield Drive, Whitley Bay has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, Fairfield Drive, Whitley Bay is in very good condition we estimate a sale value of £143,162 and a rental value of £952 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,801 and a rental value of £843 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Fairfield Drive, Whitley Bay has climbed by £1,738 (1.3%), while its estimated rental value has risen by £26 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 8.0%.
Energy Efficiency
8, Fairfield Drive, Whitley Bay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jun 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
According to HM Land Registry, 8, Fairfield Drive, Whitley Bay was last sold on 31st January 2022 for £121,508 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2022, the market for similar properties has dropped by 22.6%.
- Sold Jan 2022£121,508
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Fairfield Drive, Whitley Bay within a radius of 530 metres over the last 2 years.
The most recent example is 16, Fairfield Drive, Whitley Bay, NE25 9SL, a leasehold flat which sold for £120,000 on the 21st June 2024.
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
Fairfield Drive, Whitley Bay, NE25 has a total of 57 addresses. According to our analysis of all the public data, 8, Fairfield Drive, Whitley Bay is the 55th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £135k less expensive than the average property in NE25.
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Schools Nearby
- 300mLangley First School
- 800mAppletree Gardens First School
- 900mStar of the Sea Catholic Primary School, Whitley Bay
- 1.1kmMonkseaton High School
- 1.2kmWhitley Bay High School
- 2.3kmSt Thomas More Catholic High School
More reading links
Public Transport Nearby
The closest station to 8, Fairfield Drive, Whitley Bay is Northumberland Park (Tyne & Wear) station, which is 2.9 kilometres away.
- 2.9kmNorthumberland Park (Tyne & Wear)
- 5.7kmSeaton Delaval
- 7.8kmNewsham
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
