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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Public records show Flat 3, 18, Edwards Road, Whitley Bay to be a period leasehold apartment with 312 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 3, 18, Edwards Road, Whitley Bay has an estimated sale value of £95,089 and an estimated rental value of £701 per month, assuming reasonable condition and based on the information available.
The apartment sits within 18, Edwards Road, Whitley Bay, NE26.
Edwards Road, Whitley Bay, NE26 lies in the borough of North Tyneside, within the NE26 postal district.
Flat 3, 18, Edwards Road, Whitley Bay has 3 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate Flat 3, 18, Edwards Road, Whitley Bay would be worth £99,843, with a potential rental value of £736 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £88,432, with a rental value of £652 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 3, 18, Edwards Road, Whitley Bay has declined by £68 (0.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £8 (1.2%). The property's estimated gross yield is currently 8.9%.
Flat 3, 18, Edwards Road, Whitley Bay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Apr 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Flat 3, 18, Edwards Road, Whitley Bay last changed hands on 8th October 2021, selling for £83,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 71.8% since October 2021.
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 470 metres of Flat 3, 18, Edwards Road, Whitley Bay across the last 2 years.
Most recently, Rear Of 5, Esplanade, Whitley Bay, NE26 2AG, a leasehold flat, sold at £51,500 on the 13th September 2019.
Read more about house prices in NE26.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 3, 18, Edwards Road, Whitley Bay as the 64th largest and the 64th most expensive of the 64 addresses on Edwards Road, Whitley Bay, NE26.
Against the NE26 postcode district average, it is £280k less expensive than the typical property.
Northumberland Park (Tyne & Wear) station is the nearest stop to Flat 3, 18, Edwards Road, Whitley Bay at 5.3 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 18, Edwards Road, Whitley Bay, 37.4% of property is privately owned with a mortgage and 35.0% is privately owned outright.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 3, 18, Edwards Road, Whitley Bay, 17.8% of residents are recorded as possessing school level qualifications and 47.6% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 3, 18, Edwards Road, Whitley Bay, the average age was 41.9 and the most common age was 42.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 3, 18, Edwards Road, Whitley Bay, 1.9% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 3, 18, Edwards Road, Whitley Bay, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
