According to the public record, 12, Charles Avenue, Whitley Bay is a period freehold house with 1,593 ft2 of internal area and sits on a 138 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Charles Avenue, Whitley Bay, NE26 is located in the borough of North Tyneside within the NE26 postal district.
12, Charles Avenue, Whitley Bay has a single entry in the Land Registry database from September 2021 and a single entry in the EPC database dated January 2021.
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 12 Charles Avenue Whitley Bay as £347,110 and the rental value as £1,564 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 12 Charles Avenue Whitley Bay has decreased by £470 (0.1%) and its rental value has increased by £138 per month (8.8%).
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 12, Charles Avenue, Whitley Bay is in very good condition we estimate a sale value of £364,465 and rental value of £1,642 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £322,812 and a rental value of £1,455 per month.
If you were able to purchase this property for the estimated value of £347,110, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,706 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, 12, Charles Avenue, Whitley Bay sits on a plot of 138m2.
We have plot size data on 16 out of 20 other houses in the postcode and 12, Charles Avenue, Whitley Bay sits on the 11th largest plot.
According to HM Land Registry, 12, Charles Avenue, Whitley Bay was last sold on 29 Sep 2021 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has risen 17.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Charles Avenue, Whitley Bay within a radius of 550 metres over the last 2 years.
The most recent example is 1, Mason Avenue, Whitley Bay, NE26 1AQ, a Freehold house which sold for £340,000 in Sep 2022.
Read more about house prices in NE26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Charles Avenue, Whitley Bay, NE26 has a total of 20 addresses. According to our analysis of all the public data, 12, Charles Avenue, Whitley Bay is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in NE26.
12, Charles Avenue, Whitley Bay has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Jan 2021.
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 12, Charles Avenue, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 5.0 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 12, Charles Avenue, Whitley Bay, 46.7% of property is privately owned with a mortgage and 28.5% is privately rented.
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 12, Charles Avenue, Whitley Bay, 18.2% of residents are recorded as possessing school level qualifications and 40.1% 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 12, Charles Avenue, 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 12, Charles Avenue, Whitley Bay, 0.8% 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 12, Charles Avenue, Whitley Bay, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.