According to the public record, 36, Willoughby Drive, Whitley Bay is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,797 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Willoughby Drive, Whitley Bay, NE26 is located in the borough of North Tyneside within the NE26 postal district.
36, Willoughby Drive, 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 36 Willoughby Drive Whitley Bay as £523,982 and the rental value as £2,017 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 36 Willoughby Drive Whitley Bay has decreased by £9,371 (1.8%) and its rental value has increased by £142 per month (7.0%).
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 36, Willoughby Drive, Whitley Bay is in very good condition we estimate a sale value of £550,181 and rental value of £2,117 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £487,303 and a rental value of £1,875 per month.
If you were able to purchase this property for the estimated value of £523,982, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,575 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, 36, Willoughby Drive, Whitley Bay was last sold on 05 May 2006 for £265,000 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 36, Willoughby Drive, Whitley Bay within a radius of 690 metres over the last 2 years.
The most recent example is 7, Woodburn Way, Whitley Bay, NE26 3DX, a Freehold house which sold for £445,000 in Jan 2023.
Read more about house prices in NE26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Willoughby Drive, Whitley Bay, NE26 has a total of 63 addresses. According to our analysis of all the public data, 36, Willoughby Drive, Whitley Bay is the largest and the most expensive property on the street.
When compared to the postcode district it is £175k more expensive than the average property in NE26.
The closest station to 36, Willoughby Drive, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 4.0 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 36, Willoughby Drive, Whitley Bay, 65.2% of property is privately owned outright and 30.4% 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 36, Willoughby Drive, Whitley Bay, 16.9% of residents are recorded as possessing school level qualifications and 46.8% 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 36, Willoughby Drive, Whitley Bay, the average age was 47.7 and the most common age was 72.
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 36, Willoughby Drive, 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 36, Willoughby Drive, Whitley Bay, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.