According to the public record, 11, Park Parade, Whitley Bay is a period freehold house with 1,560 ft2 of internal area and sits on a 164 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Park Parade, Whitley Bay, NE26 is located in the borough of North Tyneside within the NE26 postal district.
11, Park Parade, Whitley Bay has 2 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated November 2012.
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 11 Park Parade Whitley Bay as £377,907 and the rental value as £1,630 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 11 Park Parade Whitley Bay has decreased by £2,876 (0.8%) and its rental value has increased by £133 per month (8.2%).
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 11, Park Parade, Whitley Bay is in very good condition we estimate a sale value of £396,802 and rental value of £1,712 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £351,453 and a rental value of £1,516 per month.
If you were able to purchase this property for the estimated value of £377,907, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,857 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, 11, Park Parade, Whitley Bay sits on a plot of 164m2.
We have plot size data on 18 out of 31 other houses in the postcode and 11, Park Parade, Whitley Bay sits on the 4th largest plot.
According to HM Land Registry, 11, Park Parade, Whitley Bay was last sold on 18 Mar 2016 for £247,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2016, the market for similar properties has risen 50.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Park Parade, Whitley Bay within a radius of 420 metres over the last 2 years.
The most recent example is 62, Beach Avenue, Whitley Bay, NE26 1DZ, a Freehold house which sold for £450,000 in Mar 2024.
Read more about house prices in NE26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Parade, Whitley Bay, NE26 has a total of 68 addresses. According to our analysis of all the public data, 11, Park Parade, Whitley Bay is the 43rd largest and the 39th most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in NE26.
11, Park Parade, Whitley Bay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Nov 2012.
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 11, Park Parade, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 4.7 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 11, Park Parade, Whitley Bay, 39.0% of property is privately owned with a mortgage and 34.6% is privately owned outright.
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 11, Park Parade, Whitley Bay, 16.1% of residents are recorded as possessing school level qualifications and 43.0% 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 11, Park Parade, 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 11, Park Parade, Whitley Bay, 0.9% 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 11, Park Parade, Whitley Bay, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.