According to the public record, 16, Hillfield, Whitley Bay is a early-century freehold house with 925 ft2 of internal area and sits on a 169 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Hillfield, Whitley Bay, NE25 is located in the borough of North Tyneside within the NE25 postal district.
16, Hillfield, Whitley Bay has a single entry in the Land Registry database from January 2022 and a single entry in the EPC database dated August 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 16 Hillfield Whitley Bay as £312,041 and the rental value as £1,454 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 16 Hillfield Whitley Bay has decreased by £3,432 (1.1%) and its rental value has increased by £113 per month (7.8%).
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 16, Hillfield, Whitley Bay is in very good condition we estimate a sale value of £327,643 and rental value of £1,526 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £290,198 and a rental value of £1,352 per month.
If you were able to purchase this property for the estimated value of £312,041, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,534 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, 16, Hillfield, Whitley Bay sits on a plot of 169m2.
We have plot size data on 42 out of 60 other houses in the postcode and 16, Hillfield, Whitley Bay sits on the 27th largest plot.
According to HM Land Registry, 16, Hillfield, Whitley Bay was last sold on 31 Jan 2022 for £282,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2022, the market for similar properties has risen 13.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Hillfield, Whitley Bay within a radius of 510 metres over the last 2 years.
The most recent example is 17, Hazeldene, Whitley Bay, NE25 9AL, a Freehold house which sold for £322,000 in Mar 2022.
Read more about house prices in NE25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hillfield, Whitley Bay, NE25 has a total of 60 addresses. According to our analysis of all the public data, 16, Hillfield, Whitley Bay is the 46th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in NE25.
16, Hillfield, Whitley Bay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 16, Hillfield, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 3.4 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 16, Hillfield, Whitley Bay, 54.6% of property is privately owned with a mortgage and 38.0% 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 16, Hillfield, Whitley Bay, 24.8% of residents are recorded as possessing school level qualifications and 49.1% 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 16, Hillfield, Whitley Bay, the average age was 46.6 and the most common age was 52.
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 16, Hillfield, Whitley Bay, 0.7% 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 16, Hillfield, 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.