According to the public record, 16, Marshall Green Way, Whitley Bay is a modern freehold house with 1,625 ft2 of internal area and sits on a 359 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Marshall Green Way, Whitley Bay, NE25 is located in the borough of North Tyneside within the NE25 postal district.
16, Marshall Green Way, Whitley Bay has 2 entries in the Land Registry database, most recently in October 2020 and a single entry in the EPC database dated November 2016.
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 Marshall Green Way Whitley Bay as £529,321 and the rental value as £1,454 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of 16 Marshall Green Way Whitley Bay has decreased by £7,902 (1.5%) and its rental value has increased by £98 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 16, Marshall Green Way, Whitley Bay is in very good condition we estimate a sale value of £555,787 and rental value of £1,527 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £492,269 and a rental value of £1,352 per month.
If you were able to purchase this property for the estimated value of £529,321, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,601 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, Marshall Green Way, Whitley Bay sits on a plot of 359m2.
We have plot size data on 15 out of 15 other houses in the postcode and 16, Marshall Green Way, Whitley Bay sits on the 9th largest plot.
According to HM Land Registry, 16, Marshall Green Way, Whitley Bay was last sold on 02 Oct 2020 for £457,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2020, the market for similar properties has risen 20.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Marshall Green Way, Whitley Bay within a radius of 710 metres over the last 2 years.
The most recent example is 24, Ayle Grove, Whitley Bay, NE25 9GH, a Freehold house which sold for £540,000 in Aug 2023.
Read more about house prices in NE25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marshall Green Way, Whitley Bay, NE25 has a total of 15 addresses. According to our analysis of all the public data, 16, Marshall Green Way, Whitley Bay is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £272k more expensive than the average property in NE25.
16, Marshall Green Way, Whitley Bay has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Nov 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 16, Marshall Green Way, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 2.7 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 16, Marshall Green Way, Whitley Bay, 41.1% of property is privately owned outright and 40.2% 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 16, Marshall Green Way, Whitley Bay, 22.2% of residents are recorded as possessing school level qualifications and 52.4% 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, Marshall Green Way, 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 16, Marshall Green Way, Whitley Bay, 1.5% 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, Marshall Green Way, 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.