According to the public record, 2, Gladstone Terrace, Whitley Bay is a period freehold house with 5,651 ft2 of internal area and sits on a 121 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Gladstone Terrace, Whitley Bay, NE26 is located in the borough of North Tyneside within the NE26 postal district.
2, Gladstone Terrace, Whitley Bay has a single entry in the Land Registry database from March 2020 and a single entry in the EPC database dated October 2019.
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 2 Gladstone Terrace Whitley Bay as £706,251 and the rental value as £3,128 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 2 Gladstone Terrace Whitley Bay has decreased by £8,696 (1.2%) and its rental value has increased by £236 per month (7.5%).
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 2, Gladstone Terrace, Whitley Bay is in very good condition we estimate a sale value of £741,564 and rental value of £3,284 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £656,813 and a rental value of £2,909 per month.
If you were able to purchase this property for the estimated value of £706,251, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,471 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, 2, Gladstone Terrace, Whitley Bay sits on a plot of 121m2.
We have plot size data on 7 out of 10 other houses in the postcode and 2, Gladstone Terrace, Whitley Bay sits on the 7th largest plot.
According to HM Land Registry, 2, Gladstone Terrace, Whitley Bay was last sold on 06 Mar 2020 for £238,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2020, the market for similar properties has risen 28.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 410 metres radius of 2, Gladstone Terrace, Whitley Bay over the last 2 years.
The most recent example is 5, Egremont Place, Whitley Bay, NE26 2EL, a Freehold house which sold for £168,000 in Nov 2017.
Read more about house prices in NE26.
Gladstone Terrace, Whitley Bay, NE26 has a total of 10 addresses. According to our analysis of all the public data, 2, Gladstone Terrace, Whitley Bay is the largest and the most expensive property on the street.
When compared to the postcode district it is £357k more expensive than the average property in NE26.
2, Gladstone Terrace, Whitley Bay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Oct 2019.
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 2, Gladstone Terrace, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 5.2 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 2, Gladstone Terrace, Whitley Bay, 45.6% of property is privately owned with a mortgage and 38.4% 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 2, Gladstone Terrace, Whitley Bay, 22.3% of residents are recorded as possessing school level qualifications and 55.7% 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 2, Gladstone Terrace, 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 2, Gladstone Terrace, 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 2, Gladstone Terrace, 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.