According to the public record, 8, The Chesters, Whitley Bay is a mid-century freehold house with 1,259 ft2 of internal area and sits on a 443 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
The Chesters, Whitley Bay, NE25 is located in the borough of North Tyneside within the NE25 postal district.
8, The Chesters, Whitley Bay has a single entry in the Land Registry database from July 2012 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 8 The Chesters Whitley Bay as £432,950 and the rental value as £1,626 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 8 The Chesters Whitley Bay has decreased by £7,020 (1.6%) and its rental value has increased by £115 per month (7.1%).
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, The Chesters, Whitley Bay is in very good condition we estimate a sale value of £454,597 and rental value of £1,707 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,643 and a rental value of £1,512 per month.
If you were able to purchase this property for the estimated value of £432,950, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,128 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, The Chesters, Whitley Bay sits on a plot of 443m2.
We have plot size data on 8 out of 13 other houses in the postcode and 8, The Chesters, Whitley Bay sits on the 3rd largest plot.
According to HM Land Registry, 8, The Chesters, Whitley Bay was last sold on 24 Jul 2012 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2012, the market for similar properties has risen 68.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, The Chesters, Whitley Bay within a radius of 610 metres over the last 2 years.
The most recent example is 23, Willoughby Drive, Whitley Bay, NE26 3DY, a Freehold house which sold for £410,000 in Feb 2024.
Read more about house prices in NE25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Chesters, Whitley Bay, NE25 has a total of 13 addresses. According to our analysis of all the public data, 8, The Chesters, Whitley Bay is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £176k more expensive than the average property in NE25.
8, The Chesters, Whitley Bay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Mar 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 8, The Chesters, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 3.7 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, The Chesters, Whitley Bay, 54.4% of property is privately owned outright and 32.2% 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 8, The Chesters, Whitley Bay, 15.5% of residents are recorded as possessing school level qualifications and 45.5% 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, The Chesters, Whitley Bay, the average age was 47.7 and the most common age was 72.
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, The Chesters, Whitley Bay, 1.0% 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 8, The Chesters, 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.