According to the public record, 5, Kings Road, Whitley Bay is a period freehold house with 2,357 ft2 of internal area and sits on a 222 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Kings Road, Whitley Bay, NE26 is located in the borough of North Tyneside within the NE26 postal district.
5, Kings Road, Whitley Bay has 21 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated January 2023.
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 Kings Road Whitley Bay as £723,173 and the rental value as £2,290 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 5 Kings Road Whitley Bay has decreased by £14,653 (2.0%) and its rental value has increased by £156 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 5, Kings Road, Whitley Bay is in very good condition we estimate a sale value of £759,332 and rental value of £2,405 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £672,551 and a rental value of £2,130 per month.
If you were able to purchase this property for the estimated value of £723,173, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,554 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, Kings Road, Whitley Bay sits on a plot of 222m2.
We have plot size data on 22 out of 33 other houses in the postcode and 5, Kings Road, Whitley Bay sits on the 9th largest plot.
According to HM Land Registry, 5, Kings Road, Whitley Bay was last sold on 31 May 2023 for £610,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2023, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Kings Road, Whitley Bay within a radius of 540 metres over the last 2 years.
The most recent example is 13, Glendale Avenue, Whitley Bay, NE26 1RX, a Freehold house which sold for £504,300 in Jul 2023.
Read more about house prices in NE26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kings Road, Whitley Bay, NE26 has a total of 36 addresses. According to our analysis of all the public data, 5, Kings Road, Whitley Bay is the largest and the most expensive property on the street.
When compared to the postcode district it is £374k more expensive than the average property in NE26.
5, Kings Road, Whitley Bay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jan 2023.
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, Kings Road, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 4.4 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, Kings Road, Whitley Bay, 40.5% of property is privately owned with a mortgage and 38.7% 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, Kings Road, Whitley Bay, 24.4% of residents are recorded as possessing school level qualifications and 54.8% 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, Kings Road, Whitley Bay, the average age was 42.8 and the most common age was 47.
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, Kings Road, Whitley Bay, 0.0% 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, Kings Road, Whitley Bay, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.