5A, Esplanade Place
5A, Esplanade Place
Description & Estimates
5A, Esplanade Place, Whitley Bay appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 887 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 5A, Esplanade Place, Whitley Bay is £125,039 and its rental estimate is £845 per month, given the available information and assuming reasonable condition.
5, Esplanade Place is a residential building on Esplanade Place, Whitley Bay, NE26 and falls within the NE26 postal district and the borough of North Tyneside.
Our Data Sources
5A, Esplanade Place, Whitley Bay has a single entry in the Land Registry from December 2008 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 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 5A, Esplanade Place, Whitley Bay, we estimate a market value of £131,290 and a rental value of £888 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £116,286 and £786 per month respectively.
Recent Market Change
Over the last year, 5A, Esplanade Place, Whitley Bay has seen its estimated sale value rise by £855 (0.7%) and its estimated rental value move up by £17 per month (2.0%). This results in an estimated gross rental yield of 8.1%.
Sold Prices
The most recent sale of 5A, Esplanade Place, Whitley Bay completed on 19th December 2008 at £133,000 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 54.6% over the period since December 2008.
- Sold Dec 2008£133,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5A, Esplanade Place, Whitley Bay have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th August 2024, was 28B, Esplanade, Whitley Bay, NE26 2AL, a leasehold flat which sold for £130,000.
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 20 addresses on Esplanade Place, Whitley Bay, NE26, 5A, Esplanade Place, Whitley Bay comes out as the 15th largest and the 15th most expensive in our analysis of the public data.
It is also £250k less expensive than the average property across the NE26 district.
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Schools Nearby
- 500mRockcliffe First School
- 700mMarine Park First School
- 1.2kmCullercoats Primary School
- 1.7kmWhitley Bay High School
- 1.7kmMarden High School
- 2.0kmMonkseaton High School
More reading links
Public Transport Nearby
From 5A, Esplanade Place, Whitley Bay, the nearest station is Northumberland Park (Tyne & Wear), 5.2 kilometres away.
- 5.2kmNorthumberland Park (Tyne & Wear)
- 7.1kmSeaton Delaval
- 8.6kmNewsham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
