According to the public record, 7, Victoria Mews, Whitley Bay is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Victoria Mews, Whitley Bay, NE26 is located in the borough of North Tyneside within the NE26 postal district.
7, Victoria Mews, Whitley Bay has a single entry in the Land Registry database from January 2006 and a single entry in the EPC database dated November 2019.
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 7 Victoria Mews Whitley Bay as £102,904 and the rental value as £765 per month giving an expected gross yield of 8.9%.
Over the last 12 months the sale value of 7 Victoria Mews Whitley Bay has increased by £852 (0.8%) and its rental value has increased by £75 per month (9.8%).
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 7, Victoria Mews, Whitley Bay is in very good condition we estimate a sale value of £108,050 and rental value of £803 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £95,701 and a rental value of £711 per month.
If you were able to purchase this property for the estimated value of £102,904, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £506 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 HM Land Registry, 7, Victoria Mews, Whitley Bay was last sold on 25 Jan 2006 for £110,000 and was recorded as a leasehold flat.
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 7, Victoria Mews, Whitley Bay within a radius of 430 metres over the last 2 years.
The most recent example is 2, Laburnum Avenue, Whitley Bay, NE26 2HX, a Leasehold flat which sold for £108,500 in May 2024.
Read more about house prices in NE26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Mews, Whitley Bay, NE26 has a total of 17 addresses. According to our analysis of all the public data, 7, Victoria Mews, Whitley Bay is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £246k less expensive than the average property in NE26.
7, Victoria Mews, Whitley Bay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Nov 2019.
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 7, Victoria Mews, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 5.0 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 7, Victoria Mews, Whitley Bay, 34.6% of property is privately rented and 30.1% 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 7, Victoria Mews, Whitley Bay, 16.1% of residents are recorded as possessing school level qualifications and 35.2% 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 7, Victoria Mews, 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 7, Victoria Mews, Whitley Bay, 0.3% 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 7, Victoria Mews, Whitley Bay, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.