According to the public record, 22, Richmond Terrace, Whitley Bay is a early-century freehold house with 1,184 ft2 of internal area and sits on a 183 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Richmond Terrace, Whitley Bay, NE26 is located in the borough of North Tyneside within the NE26 postal district.
22, Richmond Terrace, Whitley Bay has 31 entries in the Land Registry database, most recently in August 2014 and a single entry in the EPC database dated October 2014.
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 Richmond Terrace Whitley Bay as £368,823 and the rental value as £1,667 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 22 Richmond Terrace Whitley Bay has decreased by £3,325 (0.9%) and its rental value has increased by £134 per month (8.0%).
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, Richmond Terrace, Whitley Bay is in very good condition we estimate a sale value of £387,264 and rental value of £1,750 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £343,005 and a rental value of £1,550 per month.
If you were able to purchase this property for the estimated value of £368,823, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,813 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, 22, Richmond Terrace, Whitley Bay sits on a plot of 183m2.
We have plot size data on 14 out of 28 other houses in the postcode and 22, Richmond Terrace, Whitley Bay sits on the 4th largest plot.
According to HM Land Registry, 22, Richmond Terrace, Whitley Bay was last sold on 06 Aug 2014 for £222,150 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2014, the market for similar properties has risen 58.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Richmond Terrace, Whitley Bay within a radius of 560 metres over the last 2 years.
The most recent example is 27, Richmond Terrace, Whitley Bay, NE26 1SG, a Freehold house which sold for £375,000 in Jun 2024.
Read more about house prices in NE26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmond Terrace, Whitley Bay, NE26 has a total of 28 addresses. According to our analysis of all the public data, 22, Richmond Terrace, Whitley Bay is the 18th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in NE26.
22, Richmond Terrace, Whitley Bay has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Oct 2014.
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, Richmond Terrace, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 4.5 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, Richmond Terrace, Whitley Bay, 51.2% of property is privately owned outright and 37.2% 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 22, Richmond Terrace, Whitley Bay, 19.4% of residents are recorded as possessing school level qualifications and 57.1% 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 22, Richmond Terrace, Whitley Bay, the average age was 42.8 and the most common age was 47.
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, Richmond Terrace, 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 22, Richmond Terrace, Whitley Bay, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.