7 Empress Point Promenade

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

    This flat/maisonette leasehold property on Promenade last sold in January 2020 for £180,000. Based on price growth in the NE26 district since then, its estimated current value is £241,114 — placing it in the 35th percentile nationally and the 23rd percentile within NE26. The property covers 90 m² (969 sq ft), giving an estimated value of £2,679 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    969 sq ft

    90 m²

    Last Sale Price

    £180,000

    Jan 2020

    Estimated Valuation

    £241,114

    Est. £/sq ft

    £249/sq ft

    £2,679/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area969 sq ft (90 m²)
    EPC dateAug 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Jan 2020

    £180,000

    Key Metrics

    Estimated valuation£241,114
    Value per sq ft / m²£249/sq ft (£2,679/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE26 district percentile23rd percentile
    National percentile35th 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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