According to the public record, 4, Grenada Close, Whitley Bay is a mid-century freehold house with 1,033 ft2 of internal area and sits on a 614 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Grenada Close, Whitley Bay, NE26 is located in the borough of North Tyneside within the NE26 postal district.
4, Grenada Close, Whitley Bay has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated April 2021.
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 4 Grenada Close Whitley Bay as £452,607 and the rental value as £1,742 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 4 Grenada Close Whitley Bay has decreased by £2,854 (0.6%) and its rental value has increased by £142 per month (8.2%).
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 4, Grenada Close, Whitley Bay is in very good condition we estimate a sale value of £475,238 and rental value of £1,829 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £420,925 and a rental value of £1,620 per month.
If you were able to purchase this property for the estimated value of £452,607, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,224 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, 4, Grenada Close, Whitley Bay sits on a plot of 614m2.
We have plot size data on 6 out of 11 other houses in the postcode and 4, Grenada Close, Whitley Bay sits on the 2nd largest plot.
According to HM Land Registry, 4, Grenada Close, Whitley Bay was last sold on 30 Jun 2021 for £400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 17.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Grenada Close, Whitley Bay within a radius of 770 metres over the last 2 years.
The most recent example is 15, Hamilton Drive, Whitley Bay, NE26 1JG, a Freehold house which sold for £375,000 in Nov 2023.
Read more about house prices in NE26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grenada Close, Whitley Bay, NE26 has a total of 11 addresses. According to our analysis of all the public data, 4, Grenada Close, Whitley Bay is the 11th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £103k more expensive than the average property in NE26.
4, Grenada Close, Whitley Bay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Apr 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 4, Grenada Close, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 4.9 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 4, Grenada Close, Whitley Bay, 66.4% of property is privately owned outright and 27.4% 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 4, Grenada Close, Whitley Bay, 19.5% of residents are recorded as possessing school level qualifications and 45.3% 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 4, Grenada Close, 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 4, Grenada Close, Whitley Bay, 1.5% 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 4, Grenada Close, 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.