5 Empress Point Promenade

    5 EMPRESS POINT, PROMENADE, WHITLEY BAY, NE26 1BT

    This terraced freehold property on Promenade last sold in April 2021 for £410,000. Based on price growth in the NE26 district since then, its estimated current value is £498,826 — placing it in the 79th percentile nationally and the 80th percentile within NE26. The property covers 134 m² (1,442 sq ft), giving an estimated value of £3,723 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,442 sq ft

    134 m²

    Last Sale Price

    £410,000

    Apr 2021

    Estimated Valuation

    £498,826

    Est. £/sq ft

    £346/sq ft

    £3,723/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area1,442 sq ft (134 m²)
    EPC dateAug 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Apr 2021

    £410,000

    Key Metrics

    Estimated valuation£498,826
    Value per sq ft / m²£346/sq ft (£3,723/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE26 district percentile80th percentile
    National percentile79th 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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