According to the public record, 22, Egremont Place, Whitley Bay is a period leasehold apartment with 620 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Egremont Place, Whitley Bay, NE26 is located in the borough of North Tyneside within the NE26 postal district.
22, Egremont Place, Whitley Bay has 21 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated September 2011.
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 22 Egremont Place Whitley Bay as £143,102 and the rental value as £979 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 22 Egremont Place Whitley Bay has increased by £1,364 (1.0%) and its rental value has increased by £97 per month (9.9%).
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 22, Egremont Place, Whitley Bay is in very good condition we estimate a sale value of £150,257 and rental value of £1,027 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £133,085 and a rental value of £910 per month.
If you were able to purchase this property for the estimated value of £143,102, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £703 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, 22, Egremont Place, Whitley Bay was last sold on 12 Aug 2021 for £120,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 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 22, Egremont Place, Whitley Bay within a radius of 420 metres over the last 2 years.
The most recent example is 3, Westminster Close, Whitley Bay, NE26 2NY, a Leasehold flat which sold for £149,950 in Jun 2024.
Read more about house prices in NE26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Egremont Place, Whitley Bay, NE26 has a total of 15 addresses. According to our analysis of all the public data, 22, Egremont Place, Whitley Bay is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £206k less expensive than the average property in NE26.
22, Egremont Place, Whitley Bay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Sep 2011.
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 22, Egremont Place, 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 22, Egremont Place, Whitley Bay, 35.1% of property is privately rented and 32.5% 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 22, Egremont Place, Whitley Bay, 23.9% of residents are recorded as possessing school level qualifications and 50.6% 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 22, Egremont Place, 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 22, Egremont Place, Whitley Bay, 0.0% 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 22, Egremont Place, Whitley Bay, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.