16 Well Ridge Park

    16, WELL RIDGE PARK, WHITLEY BAY, NE25 9PQ

    This detached freehold property on Well Ridge Park last sold in November 2017 for £485,000. Based on price growth in the NE25 district since then, its estimated current value is £670,371 — placing it in the 89th percentile nationally and the 98th percentile within NE25. The property covers 96 m² (1,033 sq ft), giving an estimated value of £6,983 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,033 sq ft

    96 m²

    Last Sale Price

    £485,000

    Nov 2017

    Estimated Valuation

    £670,371

    Est. £/sq ft

    £649/sq ft

    £6,983/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,033 sq ft (96 m²)
    EPC dateSept 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Nov 2017

    £485,000

    Key Metrics

    Estimated valuation£670,371
    Value per sq ft / m²£649/sq ft (£6,983/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE25 district percentile98th 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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