According to the public record, 45, Fairfield Drive, Whitley Bay is a early-century freehold house with 635 ft2 of internal area and sits on a 240 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Fairfield Drive, Whitley Bay, NE25 is located in the borough of North Tyneside within the NE25 postal district.
45, Fairfield Drive, Whitley Bay has 31 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated February 2022.
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 45 Fairfield Drive Whitley Bay as £246,464 and the rental value as £1,192 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 45 Fairfield Drive Whitley Bay has increased by £451 (0.2%) and its rental value has increased by £101 per month (8.4%).
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 45, Fairfield Drive, Whitley Bay is in very good condition we estimate a sale value of £258,787 and rental value of £1,252 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,211 and a rental value of £1,109 per month.
If you were able to purchase this property for the estimated value of £246,464, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,211 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, 45, Fairfield Drive, Whitley Bay sits on a plot of 240m2.
We have plot size data on 25 out of 36 other houses in the postcode and 45, Fairfield Drive, Whitley Bay sits on the 13th largest plot.
According to HM Land Registry, 45, Fairfield Drive, Whitley Bay was last sold on 13 May 2022 for £220,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2022, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Fairfield Drive, Whitley Bay within a radius of 600 metres over the last 2 years.
The most recent example is 10, Middle Green, Whitley Bay, NE25 9SF, a Freehold house which sold for £235,000 in Sep 2023.
Read more about house prices in NE25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairfield Drive, Whitley Bay, NE25 has a total of 57 addresses. According to our analysis of all the public data, 45, Fairfield Drive, Whitley Bay is the 44th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in NE25.
45, Fairfield Drive, Whitley Bay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Feb 2022.
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 45, Fairfield Drive, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 2.8 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 45, Fairfield Drive, Whitley Bay, 65.8% of property is privately owned outright and 23.3% 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 45, Fairfield Drive, Whitley Bay, 4.6% of residents are recorded as possessing school level qualifications and 34.3% 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 45, Fairfield Drive, Whitley Bay, the average age was 46.6 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 45, Fairfield Drive, Whitley Bay, 2.3% 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 45, Fairfield Drive, 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.