According to the public record, 4, Victoria Grove, Whitley Bay is a modern freehold house with 1,442 ft2 of internal area and sits on a 413 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Victoria Grove, Whitley Bay, NE25 is located in the borough of North Tyneside within the NE25 postal district.
4, Victoria Grove, Whitley Bay has 2 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated January 2015.
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 Victoria Grove Whitley Bay as £522,931 and the rental value as £1,345 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 4 Victoria Grove Whitley Bay has decreased by £7,807 (1.5%) and its rental value has increased by £91 per month (6.8%).
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, Victoria Grove, Whitley Bay is in very good condition we estimate a sale value of £549,077 and rental value of £1,412 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £486,326 and a rental value of £1,251 per month.
If you were able to purchase this property for the estimated value of £522,931, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,570 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, Victoria Grove, Whitley Bay sits on a plot of 413m2.
We have plot size data on 11 out of 11 other houses in the postcode and 4, Victoria Grove, Whitley Bay sits on the 6th largest plot.
According to HM Land Registry, 4, Victoria Grove, Whitley Bay was last sold on 19 Dec 2022 for £550,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2022, the market for similar properties has risen 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Victoria Grove, Whitley Bay within a radius of 720 metres over the last 2 years.
The most recent example is 9, Ayle Grove, Whitley Bay, NE25 9GH, a Freehold house which sold for £520,000 in Jul 2023.
Read more about house prices in NE25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Grove, Whitley Bay, NE25 has a total of 11 addresses. According to our analysis of all the public data, 4, Victoria Grove, Whitley Bay is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £266k more expensive than the average property in NE25.
4, Victoria Grove, Whitley Bay has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Jan 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 4, Victoria Grove, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 2.4 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, Victoria Grove, Whitley Bay, 41.1% of property is privately owned outright and 40.2% 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 4, Victoria Grove, Whitley Bay, 22.2% of residents are recorded as possessing school level qualifications and 52.4% 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, Victoria Grove, 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, Victoria Grove, 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, Victoria Grove, Whitley Bay, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.