2 Westminster Close

    2, WESTMINSTER CLOSE, WHITLEY BAY, NE26 2NY

    This terraced leasehold property on Westminster Close last sold in November 2014 for £140,000. Based on price growth in the NE26 district since then, its estimated current value is £255,247 — placing it in the 39th percentile nationally and the 25th percentile within NE26. The property covers 57 m² (614 sq ft), giving an estimated value of £4,478 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £140,000

    Nov 2014

    Estimated Valuation

    £255,247

    Est. £/sq ft

    £416/sq ft

    £4,478/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area614 sq ft (57 m²)
    EPC dateMar 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Nov 2014

    £140,000

    18 Jul 2007

    £140,000

    21 May 2004

    £131,000

    21 Mar 2003

    £92,500

    2 Aug 2002

    £66,000

    15 Dec 2000

    £58,500

    28 Feb 1997

    New build

    £51,000

    Key Metrics

    Estimated valuation£255,247
    Value per sq ft / m²£416/sq ft (£4,478/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE26 district percentile25th percentile
    National percentile39th 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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