5 Well Ridge Park

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

    This detached freehold property on Well Ridge Park last sold in August 2023 for £605,000. Based on price growth in the NE25 district since then, its estimated current value is £624,703 — placing it in the 87th percentile nationally and the 96th percentile within NE25. The property covers 111 m² (1,195 sq ft), giving an estimated value of £5,628 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,195 sq ft

    111 m²

    Last Sale Price

    £605,000

    Aug 2023

    Estimated Valuation

    £624,703

    Est. £/sq ft

    £523/sq ft

    £5,628/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,195 sq ft (111 m²)
    EPC dateApr 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Aug 2023

    £605,000

    Key Metrics

    Estimated valuation£624,703
    Value per sq ft / m²£523/sq ft (£5,628/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE25 district percentile96th percentile
    National percentile87th 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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