According to the public record, 3, Marine Court West, Whitley Bay is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 1-12, Marine Court West, Whitley Bay, NE26.
Marine Court West, Whitley Bay, NE26 is located in the borough of North Tyneside within the NE26 postal district.
3, Marine Court West, Whitley Bay has 2 entries in the Land Registry database, most recently in July 2017 and a single entry in the EPC database dated January 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 3 Marine Court West Whitley Bay as £104,266 and the rental value as £752 per month giving an expected gross yield of 8.7%.
Over the last 12 months the sale value of 3 Marine Court West Whitley Bay has increased by £845 (0.8%) and its rental value has increased by £75 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 3, Marine Court West, Whitley Bay is in very good condition we estimate a sale value of £109,479 and rental value of £790 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £96,967 and a rental value of £700 per month.
If you were able to purchase this property for the estimated value of £104,266, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £512 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, 3, Marine Court West, Whitley Bay was last sold on 14 Jul 2017 for £80,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2017, the market for similar properties has risen 34.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Marine Court West, Whitley Bay within a radius of 460 metres over the last 2 years.
The most recent example is 12, Marine Court West, Whitley Bay, NE26 1QN, a Leasehold flat which sold for £85,000 in Dec 2017.
Read more about house prices in NE26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marine Court West, Whitley Bay, NE26 has a total of 13 addresses. According to our analysis of all the public data, 3, Marine Court West, Whitley Bay is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £245k less expensive than the average property in NE26.
3, Marine Court West, Whitley Bay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jan 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 3, Marine Court West, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 4.6 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 3, Marine Court West, Whitley Bay, 44.3% of property is privately owned with a mortgage and 33.6% 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 3, Marine Court West, Whitley Bay, 15.9% of residents are recorded as possessing school level qualifications and 57.8% 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 3, Marine Court West, 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 3, Marine Court West, Whitley Bay, 1.1% 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 3, Marine Court West, Whitley Bay, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.