According to the public record, Axwell, Whitley Bay is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,243 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
The Grove, Whitley Bay, NE25 is located in the borough of North Tyneside within the NE25 postal district.
Axwell, Whitley Bay has 21 entries in the Land Registry database, most recently in February 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Axwell Whitley Bay as £708,928 and the rental value as £1,950 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of Axwell Whitley Bay has decreased by £11,514 (1.6%) and its rental value has increased by £140 per month (7.2%).
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 Axwell, Whitley Bay is in very good condition we estimate a sale value of £744,375 and rental value of £2,048 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £659,303 and a rental value of £1,814 per month.
If you were able to purchase this property for the estimated value of £708,928, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,484 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, Axwell, Whitley Bay was last sold on 01 Feb 2013 for £500,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2013, the market for similar properties has risen 69.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Axwell, Whitley Bay within a radius of 392m over the last 2 years.
The most recent example is 22A, Beverley Road, Whitley Bay, NE25 8JH, a Freehold house which sold for £685,000 in Nov 2023.
Read more about house prices in NE25.
The Grove, Whitley Bay, NE25 has a total of 9 addresses. According to our analysis of all the public data, Axwell, Whitley Bay is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £452k more expensive than the average property in NE25.
The closest station to Axwell, Whitley Bay is Northumberland Park (Tyne & Wear) station which is 4.0 km 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 Axwell, Whitley Bay, 52.3% of property is privately owned outright and 41.5% 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 Axwell, Whitley Bay, 17.5% of residents are recorded as possessing school level qualifications and 57.7% 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 Axwell, Whitley Bay, the average age was 42.5 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 Axwell, Whitley Bay, 1.8% 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 Axwell, Whitley Bay, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.