According to the public record, 5, Alder Grove, Whitley Bay is a mid-century freehold house with 807 ft2 of internal area and sits on a 198 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Alder Grove, Whitley Bay, NE25 is located in the borough of North Tyneside within the NE25 postal district.
5, Alder Grove, Whitley Bay has a single entry in the Land Registry database from May 2013 and a single entry in the EPC database dated November 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 Alder Grove Whitley Bay as £303,521 and the rental value as £1,430 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 5 Alder Grove Whitley Bay has decreased by £3,338 (1.1%) and its rental value has increased by £111 per month (7.8%).
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 5, Alder Grove, Whitley Bay is in very good condition we estimate a sale value of £318,697 and rental value of £1,501 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,275 and a rental value of £1,330 per month.
If you were able to purchase this property for the estimated value of £303,521, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,492 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, Alder Grove, Whitley Bay sits on a plot of 198m2.
We have plot size data on 12 out of 24 other houses in the postcode and 5, Alder Grove, Whitley Bay sits on the 11th largest plot.
According to HM Land Registry, 5, Alder Grove, Whitley Bay was last sold on 17 May 2013 for £190,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2013, the market for similar properties has risen 68.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Alder Grove, Whitley Bay within a radius of 590 metres over the last 2 years.
The most recent example is 7, Alder Grove, Whitley Bay, NE25 9AX, a Freehold house which sold for £208,000 in Nov 2020.
Read more about house prices in NE25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alder Grove, Whitley Bay, NE25 has a total of 24 addresses. According to our analysis of all the public data, 5, Alder Grove, Whitley Bay is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £47k more expensive than the average property in NE25.
5, Alder Grove, Whitley Bay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Nov 2014.
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 5, Alder Grove, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 3.8 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 5, Alder Grove, Whitley Bay, 63.7% of property is privately owned outright and 27.4% 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 5, Alder Grove, Whitley Bay, 14.3% of residents are recorded as possessing school level qualifications and 37.7% 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, Alder Grove, 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 5, Alder Grove, Whitley Bay, 1.6% 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, Alder Grove, 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.