3 Empress Point Park Avenue

    3 EMPRESS POINT, PARK AVENUE, WHITLEY BAY, NE26 1BN

    This terraced freehold property on Park Avenue last sold in May 2021 for £312,500. Based on price growth in the NE26 district since then, its estimated current value is £380,203 — placing it in the 64th percentile nationally and the 53rd percentile within NE26. The property covers 137 m² (1,475 sq ft), giving an estimated value of £2,775 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,475 sq ft

    137 m²

    Last Sale Price

    £312,500

    May 2021

    Estimated Valuation

    £380,203

    Est. £/sq ft

    £258/sq ft

    £2,775/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2020
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,475 sq ft (137 m²)
    EPC dateNov 2020
    WallsAverage thermal transmittance 0.15 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 May 2021

    £312,500

    Key Metrics

    Estimated valuation£380,203
    Value per sq ft / m²£258/sq ft (£2,775/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE26 district percentile53rd percentile
    National percentile64th percentile

    District Context — NE26

    NE26 covers Whitley Bay and surrounding neighbourhoods on the North East coast, north of the Tyne. It is a long-established residential area with appeal to families and retirees seeking seaside living and good transport connections.

    Average Property Price - NE26

    £370,550

    61

    National percentile

    Average Net Household Income - NE26

    £42,232

    67

    National percentile

    10-Year Annualised Price Growth - NE26

    5.1%

    90

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE26

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