According to the public record, 5, Albert Terrace, Whitley Bay is a period freehold house with 1,151 ft2 of internal area and sits on a 113 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Albert Terrace, Whitley Bay, NE26 is located in the borough of North Tyneside within the NE26 postal district.
5, Albert Terrace, Whitley Bay has 31 entries in the Land Registry database, most recently in June 2014 and a single entry in the EPC database dated March 2014.
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 5 Albert Terrace Whitley Bay as £280,054 and the rental value as £1,480 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 5 Albert Terrace Whitley Bay has increased by £2,109 (0.8%) and its rental value has increased by £144 per month (9.7%).
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 5, Albert Terrace, Whitley Bay is in very good condition we estimate a sale value of £294,056 and rental value of £1,554 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,450 and a rental value of £1,377 per month.
If you were able to purchase this property for the estimated value of £280,054, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,376 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, 5, Albert Terrace, Whitley Bay sits on a plot of 113m2.
We have plot size data on 6 out of 16 other houses in the postcode and 5, Albert Terrace, Whitley Bay sits on the 4th largest plot.
According to HM Land Registry, 5, Albert Terrace, Whitley Bay was last sold on 06 Jun 2014 for £195,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2014, the market for similar properties has risen 62.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Albert Terrace, Whitley Bay within a radius of 420 metres over the last 2 years.
The most recent example is 6, Alexandra Terrace, Whitley Bay, NE26 2DU, a Freehold house which sold for £279,950 in Jun 2023.
Read more about house prices in NE26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Terrace, Whitley Bay, NE26 has a total of 16 addresses. According to our analysis of all the public data, 5, Albert Terrace, Whitley Bay is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in NE26.
5, Albert Terrace, Whitley Bay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Mar 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 5, Albert Terrace, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 5.1 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 5, Albert Terrace, Whitley Bay, 45.6% of property is privately owned with a mortgage and 38.4% 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 5, Albert Terrace, Whitley Bay, 22.3% of residents are recorded as possessing school level qualifications and 55.7% 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 5, Albert Terrace, Whitley Bay, the average age was 41.9 and the most common age was 42.
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 5, Albert Terrace, 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 5, Albert Terrace, 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.