56 Park Parade

    56, PARK PARADE, WHITLEY BAY, WHITLEY BAY, NE26 1DX

    This flat/maisonette freehold property on Park Parade last sold in June 2004 for £150,000. Based on price growth in the NE26 district since then, its estimated current value is £275,924 — placing it in the 44th percentile nationally and the 28th percentile within NE26. The property covers 233 m² (2,508 sq ft), giving an estimated value of £1,184 per m². The EPC rating is F, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    2,508 sq ft

    233 m²

    Last Sale Price

    £150,000

    Jun 2004

    Estimated Valuation

    £275,924

    Est. £/sq ft

    £110/sq ft

    £1,184/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialC
    Floor area2,508 sq ft (233 m²)
    EPC dateAug 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Jun 2004

    £150,000

    Key Metrics

    Estimated valuation£275,924
    Value per sq ft / m²£110/sq ft (£1,184/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE26 district percentile28th percentile
    National percentile44th 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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