According to the public record, 21, Newsteads Close, Whitley Bay is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Newsteads Close, Whitley Bay, NE25 is located in the borough of North Tyneside within the NE25 postal district.
21, Newsteads Close, Whitley Bay has a single entry in the Land Registry database from August 2010 and a single entry in the EPC database dated February 2015.
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 21 Newsteads Close Whitley Bay as £111,254 and the rental value as £799 per month giving an expected gross yield of 8.6%.
Over the last 12 months the sale value of 21 Newsteads Close Whitley Bay has increased by £437 (0.4%) and its rental value has increased by £72 per month (9.1%).
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 21, Newsteads Close, Whitley Bay is in very good condition we estimate a sale value of £116,817 and rental value of £839 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £103,466 and a rental value of £743 per month.
If you were able to purchase this property for the estimated value of £111,254, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £547 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 HM Land Registry, 21, Newsteads Close, Whitley Bay was last sold on 20 Aug 2010 for £80,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2010, the market for similar properties has risen 45.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Newsteads Close, Whitley Bay within a radius of 610 metres over the last 2 years.
The most recent example is 12, Newsteads Close, Whitley Bay, NE25 9YA, a Leasehold flat which sold for £85,000 in Mar 2017.
Read more about house prices in NE25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newsteads Close, Whitley Bay, NE25 has a total of 23 addresses. According to our analysis of all the public data, 21, Newsteads Close, Whitley Bay is the 13th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in NE25.
21, Newsteads Close, Whitley Bay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Feb 2015.
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 21, Newsteads Close, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 3.1 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 21, Newsteads Close, Whitley Bay, 53.3% of property is privately owned outright and 20.4% 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 21, Newsteads Close, Whitley Bay, 6.8% of residents are recorded as possessing school level qualifications and 40.2% 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 21, Newsteads Close, 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 21, Newsteads Close, Whitley Bay, 1.3% 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 21, Newsteads Close, 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.