According to the public record, 42, Wilson Court, Whitley Bay is a modern leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Wilson Court, Whitley Bay, NE25 is located in the borough of North Tyneside within the NE25 postal district.
42, Wilson Court, Whitley Bay has 2 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated November 2018.
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 42 Wilson Court Whitley Bay as £127,856 and the rental value as £884 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 42 Wilson Court Whitley Bay has increased by £422 (0.3%) and its rental value has increased by £82 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 42, Wilson Court, Whitley Bay is in very good condition we estimate a sale value of £134,249 and rental value of £928 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,906 and a rental value of £822 per month.
If you were able to purchase this property for the estimated value of £127,856, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £628 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, 42, Wilson Court, Whitley Bay was last sold on 21 Feb 2022 for £95,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2022, the market for similar properties has risen 11.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Wilson Court, Whitley Bay within a radius of 470 metres over the last 2 years.
The most recent example is 47, Wilson Court, Whitley Bay, NE25 8TR, a Leasehold flat which sold for £137,500 in Mar 2024.
Read more about house prices in NE25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wilson Court, Whitley Bay, NE25 has a total of 55 addresses. According to our analysis of all the public data, 42, Wilson Court, Whitley Bay is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in NE25.
42, Wilson Court, Whitley Bay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Nov 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 42, Wilson Court, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 3.5 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 42, Wilson Court, Whitley Bay, 42.9% of property is privately owned with a mortgage and 36.4% 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 42, Wilson Court, Whitley Bay, 19.2% of residents are recorded as possessing school level qualifications and 48.4% 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 42, Wilson Court, Whitley Bay, the average age was 42.5 and the most common age was 52.
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 42, Wilson Court, Whitley Bay, 0.7% 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 42, Wilson Court, 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.