According to the public record, 8, Kings Drive, Whitley Bay is a period freehold house with 6,716 ft2 of internal area and sits on a 214 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Kings Drive, Whitley Bay, NE26 is located in the borough of North Tyneside within the NE26 postal district.
8, Kings Drive, Whitley Bay has 3 entries in the Land Registry database, most recently in November 2017 and a single entry in the EPC database dated May 2017.
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 8 Kings Drive Whitley Bay as £976,142 and the rental value as £3,778 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 8 Kings Drive Whitley Bay has decreased by £11,873 (1.2%) and its rental value has increased by £290 per month (7.7%).
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 8, Kings Drive, Whitley Bay is in very good condition we estimate a sale value of £1,024,949 and rental value of £3,967 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £907,812 and a rental value of £3,514 per month.
If you were able to purchase this property for the estimated value of £976,142, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,797 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, 8, Kings Drive, Whitley Bay sits on a plot of 214m2.
We have plot size data on 10 out of 20 other houses in the postcode and 8, Kings Drive, Whitley Bay sits on the 7th largest plot.
According to HM Land Registry, 8, Kings Drive, Whitley Bay was last sold on 17 Nov 2017 for £335,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2017, the market for similar properties has risen 39.3%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 450 metres radius of 8, Kings Drive, Whitley Bay over the last 2 years.
The most recent example is 10, Kings Drive, Whitley Bay, NE26 2JT, a Freehold house which sold for £308,000 in Nov 2021.
Read more about house prices in NE26.
Kings Drive, Whitley Bay, NE26 has a total of 20 addresses. According to our analysis of all the public data, 8, Kings Drive, Whitley Bay is the largest and the most expensive property on the street.
When compared to the postcode district it is £627k more expensive than the average property in NE26.
8, Kings Drive, Whitley Bay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 May 2017.
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 8, Kings Drive, 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 8, Kings Drive, Whitley Bay, 48.2% of property is privately owned with a mortgage and 43.9% 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 8, Kings Drive, Whitley Bay, 27.8% of residents are recorded as possessing school level qualifications and 63.5% 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 8, Kings Drive, 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 8, Kings Drive, 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 8, Kings Drive, Whitley Bay, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.