According to the public record, 48, Park Parade, Whitley Bay is a period house with 1,905 ft2 of internal area and sits on a 138 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Park Parade, Whitley Bay, NE26 is located in the borough of North Tyneside within the NE26 postal district.
48, Park Parade, Whitley Bay has no recent1 records in the Land Registry database and a single entry in the EPC database dated December 2014.
We combine this information with public data 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 48 Park Parade Whitley Bay as £413,313 and the rental value as £1,862 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 48 Park Parade Whitley Bay has decreased by £8,371 (2.0%) and its rental value has increased by £127 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 48, Park Parade, Whitley Bay is in very good condition we estimate a sale value of £433,978 and rental value of £1,955 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £384,381 and a rental value of £1,732 per month.
If you were able to purchase this property for the estimated value of £413,313, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,031 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, 48, Park Parade, Whitley Bay sits on a plot of 138m2.
We have plot size data on 19 out of 27 other houses in the postcode and 48, Park Parade, Whitley Bay sits on the 20th largest plot.
According to HM Land Registry, 48, Park Parade, Whitley Bay was last sold on 28 Jan 2002 for £90,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Park Parade, Whitley Bay within a radius of 440 metres over the last 2 years.
The most recent example is 33, Park Parade, Whitley Bay, NE26 1DT, a Freehold house which sold for £450,000 in Mar 2024.
Read more about house prices in NE26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Parade, Whitley Bay, NE26 has a total of 68 addresses. According to our analysis of all the public data, 48, Park Parade, Whitley Bay is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in NE26.
48, Park Parade, Whitley Bay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Dec 2014.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 48, Park Parade, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 4.6 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 48, Park Parade, Whitley Bay, 50.0% of property is privately owned with a mortgage and 33.6% 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 48, Park Parade, Whitley Bay, 25.3% of residents are recorded as possessing school level qualifications and 57.4% 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 48, Park Parade, 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 48, Park Parade, Whitley Bay, 0.5% 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 48, Park Parade, 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.