48 Park Avenue

    48, PARK AVENUE, WHITLEY BAY, WHITLEY BAY, NE26 1DJ

    This terraced freehold property on Park Avenue last sold in August 2006 for £65,000. Based on price growth in the NE26 district since then, its estimated current value is £129,925 — placing it in the 8th percentile nationally and the 5th percentile within NE26. The property covers 135 m² (1,453 sq ft), giving an estimated value of £962 per m². The EPC rating is E, with a potential rating of D.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,453 sq ft

    135 m²

    Last Sale Price

    £65,000

    Aug 2006

    Estimated Valuation

    £129,925

    Est. £/sq ft

    £89/sq ft

    £962/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area1,453 sq ft (135 m²)
    EPC dateJan 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Aug 2006

    £65,000

    5 Sept 2000

    £50,000

    2 Feb 1996

    £36,000

    Key Metrics

    Estimated valuation£129,925
    Value per sq ft / m²£89/sq ft (£962/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE26 district percentile5th percentile
    National percentile8th 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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