1 Red House Drive

    1, RED HOUSE DRIVE, WHITLEY BAY, NE25 9XL

    This detached freehold property on Red House Drive last sold in November 2019 for £552,000. Based on price growth in the NE25 district since then, its estimated current value is £660,929 — placing it in the 89th percentile nationally and the 97th percentile within NE25. The property covers 241 m² (2,594 sq ft), giving an estimated value of £2,742 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,594 sq ft

    241 m²

    Last Sale Price

    £552,000

    Nov 2019

    Estimated Valuation

    £660,929

    Est. £/sq ft

    £255/sq ft

    £2,742/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area2,594 sq ft (241 m²)
    EPC dateFeb 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Nov 2019

    £552,000

    14 Feb 1997

    £165,000

    Key Metrics

    Estimated valuation£660,929
    Value per sq ft / m²£255/sq ft (£2,742/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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