12 Vernon Drive

    12, VERNON DRIVE, WHITLEY BAY, NE25 8JN

    This detached freehold property on Vernon Drive last sold in February 2013 for £400,000. Based on price growth in the NE25 district since then, its estimated current value is £665,728 — placing it in the 89th percentile nationally and the 97th percentile within NE25. The property covers 242 m² (2,605 sq ft), giving an estimated value of £2,751 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,605 sq ft

    242 m²

    Last Sale Price

    £400,000

    Feb 2013

    Estimated Valuation

    £665,728

    Est. £/sq ft

    £256/sq ft

    £2,751/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area2,605 sq ft (242 m²)
    EPC dateAug 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Feb 2013

    New build

    £400,000

    Key Metrics

    Estimated valuation£665,728
    Value per sq ft / m²£256/sq ft (£2,751/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE25 district percentile97th percentile
    National percentile89th 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

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