7 Beacon House Grenada Drive

    7 BEACON HOUSE, GRENADA DRIVE, WHITLEY BAY, NE26 1HW

    This flat/maisonette freehold property on Grenada Drive last sold in August 2016 for £165,000. Based on price growth in the NE26 district since then, its estimated current value is £231,725 — placing it in the 33rd percentile nationally and the 22nd percentile within NE26. The property covers 70 m² (753 sq ft), giving an estimated value of £3,310 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £165,000

    Aug 2016

    Estimated Valuation

    £231,725

    Est. £/sq ft

    £308/sq ft

    £3,310/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area753 sq ft (70 m²)
    EPC dateFeb 2016
    WallsSystem built, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    10 Aug 2016

    £165,000

    6 Jun 2003

    £88,000

    Key Metrics

    Estimated valuation£231,725
    Value per sq ft / m²£308/sq ft (£3,310/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE26 district percentile22nd percentile
    National percentile33rd 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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