According to the public record, 1, Cheldon Close, Whitley Bay is a modern freehold house with 1,194 ft2 of internal area and sits on a 288 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cheldon Close, Whitley Bay, NE25 is located in the borough of North Tyneside within the NE25 postal district.
1, Cheldon Close, Whitley Bay has 41 entries in the Land Registry database, most recently in June 2018 and a single entry in the EPC database dated December 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Cheldon Close Whitley Bay as £436,100 and the rental value as £1,551 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 1 Cheldon Close Whitley Bay has decreased by £6,510 (1.5%) and its rental value has increased by £105 per month (6.8%).
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 1, Cheldon Close, Whitley Bay is in very good condition we estimate a sale value of £457,905 and rental value of £1,628 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £405,573 and a rental value of £1,442 per month.
If you were able to purchase this property for the estimated value of £436,100, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,143 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Cheldon Close, Whitley Bay sits on a plot of 288m2.
We have plot size data on 11 out of 36 other houses in the postcode and 1, Cheldon Close, Whitley Bay sits on the 10th largest plot.
According to HM Land Registry, 1, Cheldon Close, Whitley Bay was last sold on 08 Jun 2018 for £299,950 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jun 2018, the market for similar properties has risen 32.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Cheldon Close, Whitley Bay within a radius of 640 metres over the last 2 years.
The most recent example is 12, Marwood Court, Whitley Bay, NE25 9XR, a Freehold house which sold for £426,026 in Jan 2023.
Read more about house prices in NE25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cheldon Close, Whitley Bay, NE25 has a total of 36 addresses. According to our analysis of all the public data, 1, Cheldon Close, Whitley Bay is the 32nd largest and the 14th most expensive property on the street.
When compared to the postcode district it is £179k more expensive than the average property in NE25.
1, Cheldon Close, Whitley Bay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Dec 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Cheldon Close, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 3.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Cheldon Close, Whitley Bay, 68.3% of property is privately owned outright and 25.4% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 1, Cheldon Close, Whitley Bay, 14.5% of residents are recorded as possessing school level qualifications and 45.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Cheldon Close, Whitley Bay, the average age was 47.7 and the most common age was 72.
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 1, Cheldon Close, Whitley Bay, 0.0% 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 1, Cheldon Close, Whitley Bay, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.