1 Promontory Terrace

    1, PROMONTORY TERRACE, WHITLEY BAY, NE26 2PF

    This terraced freehold property on Promontory Terrace last sold in September 2020 for £290,000. Based on price growth in the NE26 district since then, its estimated current value is £391,494 — placing it in the 66th percentile nationally and the 57th percentile within NE26. The property covers 132 m² (1,421 sq ft), giving an estimated value of £2,966 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,421 sq ft

    132 m²

    Last Sale Price

    £290,000

    Sept 2020

    Estimated Valuation

    £391,494

    Est. £/sq ft

    £276/sq ft

    £2,966/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,421 sq ft (132 m²)
    EPC dateSept 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Sept 2020

    £290,000

    Key Metrics

    Estimated valuation£391,494
    Value per sq ft / m²£276/sq ft (£2,966/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE26 district percentile57th percentile
    National percentile66th 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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