According to the public record, 25, Monkridge, Whitley Bay is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 742 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Monkridge, Whitley Bay, NE26 is located in the borough of North Tyneside within the NE26 postal district.
25, Monkridge, Whitley Bay has 21 entries in the Land Registry database, most recently in May 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 25 Monkridge Whitley Bay as £313,935 and the rental value as £1,516 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 25 Monkridge Whitley Bay has increased by £395 (0.1%) and its rental value has increased by £139 per month (9.2%).
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 25, Monkridge, Whitley Bay is in very good condition we estimate a sale value of £329,631 and rental value of £1,591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,959 and a rental value of £1,410 per month.
If you were able to purchase this property for the estimated value of £313,935, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,543 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, 25, Monkridge, Whitley Bay was last sold on 16 May 2006 for £218,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Monkridge, Whitley Bay within a radius of 580 metres over the last 2 years.
The most recent example is 25, Longridge Drive, Whitley Bay, NE26 3EN, a Freehold house which sold for £570,000 in Jun 2023.
Read more about house prices in NE26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monkridge, Whitley Bay, NE26 has a total of 38 addresses. According to our analysis of all the public data, 25, Monkridge, Whitley Bay is the 27th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in NE26.
The closest station to 25, Monkridge, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 4.2 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 25, Monkridge, Whitley Bay, 60.2% of property is privately owned outright and 32.0% 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 25, Monkridge, Whitley Bay, 20.5% of residents are recorded as possessing school level qualifications and 40.6% 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 25, Monkridge, 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 25, Monkridge, 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 25, Monkridge, 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.