2 Chapel Lane

    2, CHAPEL LANE, WHITLEY BAY, NE25 8AD

    This terraced freehold property on Chapel Lane last sold in February 2017 for £160,000. Based on price growth in the NE25 district since then, its estimated current value is £237,091 — placing it in the 34th percentile nationally and the 36th percentile within NE25. The property covers 84 m² (904 sq ft), giving an estimated value of £2,823 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £160,000

    Feb 2017

    Estimated Valuation

    £237,091

    Est. £/sq ft

    £262/sq ft

    £2,823/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area904 sq ft (84 m²)
    EPC dateAug 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Feb 2017

    £160,000

    24 Nov 1995

    £53,000

    Key Metrics

    Estimated valuation£237,091
    Value per sq ft / m²£262/sq ft (£2,823/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE25 district percentile36th percentile
    National percentile34th percentile

    District Context — NE25

    NE25 covers parts of North Tyneside, including areas around Whitley Bay and the surrounding coastal and suburban neighbourhoods in the north-east of the region. It is a mature, owner-occupied community with a notably older demographic profile and strong professional employment base.

    Average Property Price - NE25

    £288,988

    39

    National percentile

    Average Net Household Income - NE25

    £39,026

    54

    National percentile

    10-Year Annualised Price Growth - NE25

    3.6%

    53

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE25

    More properties in NE25

    Streets in NE25

    Explore nearby