2 Park Parade

    2, PARK PARADE, WHITLEY BAY, NE26 1DX

    This terraced freehold property on Park Parade last sold in April 2014 for £245,000. Based on price growth in the NE26 district since then, its estimated current value is £446,682 — placing it in the 73rd percentile nationally and the 71st percentile within NE26. The property covers 169 m² (1,819 sq ft), giving an estimated value of £2,643 per m². The EPC rating is F, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,819 sq ft

    169 m²

    Last Sale Price

    £245,000

    Apr 2014

    Estimated Valuation

    £446,682

    Est. £/sq ft

    £246/sq ft

    £2,643/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialC
    Floor area1,819 sq ft (169 m²)
    EPC dateSept 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Apr 2014

    £245,000

    15 Nov 2013

    £150,000

    Key Metrics

    Estimated valuation£446,682
    Value per sq ft / m²£246/sq ft (£2,643/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE26 district percentile71st percentile
    National percentile73rd 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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