7A, Esplanade Place
7A, Esplanade Place
Description & Estimates
According to the public record, 7A, Esplanade Place, Whitley Bay is a period leasehold apartment with 269 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 7A, Esplanade Place, Whitley Bay is £73,302 and the estimated rental value is £541 per month.
The apartment is within 7, Esplanade Place, Whitley Bay, NE26.
Esplanade Place, Whitley Bay, NE26 is located in the borough of North Tyneside within the NE26 postal district.
Our Data Sources
7A, Esplanade Place, Whitley Bay has 31 entries in the Land Registry , most recently in September 2020 and a single entry in the EPC database dated February 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
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 7A, Esplanade Place, Whitley Bay is in very good condition we estimate a sale value of £76,967 and a rental value of £568 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £68,171 and a rental value of £503 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7A, Esplanade Place, Whitley Bay has decreased by £53 (0.1%), while its estimated rental value has grown by £7 per month (1.2%). Based on current estimates, the property offers a gross rental yield of 8.9%.
Energy Efficiency
7A, Esplanade Place, Whitley Bay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Feb 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, 7A, Esplanade Place, Whitley Bay was last sold on 25th September 2020 for £57,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2020, the market for similar properties has risen by 26.5%.
- Sold Sep 2020£57,000
- Sold Jul 2014£45,500
- Sold Jul 2006£85,000
Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 480 metres of 7A, Esplanade Place, Whitley Bay over the last 2 years.
The most recent example is 4, Esplanade, Whitley Bay, NE26 2AG, a leasehold flat which sold for £75,000 on the 4th April 2023.
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
Esplanade Place, Whitley Bay, NE26 has a total of 20 addresses. According to our analysis of all the public data, 7A, Esplanade Place, Whitley Bay is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £302k less expensive than the average property in NE26.
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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
The closest station to 7A, Esplanade Place, Whitley Bay is Northumberland Park (Tyne & Wear) station, which is 5.2 kilometres away.
- 5.2kmNorthumberland Park (Tyne & Wear)
- 7.1kmSeaton Delaval
- 8.6kmNewsham
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
