55 Margaret Road

    55, MARGARET ROAD, WHITLEY BAY, NE26 2PH

    This flat/maisonette leasehold property on Margaret Road last sold in October 2014 for £118,000. Based on price growth in the NE26 district since then, its estimated current value is £187,174 — placing it in the 21st percentile nationally and the 15th percentile within NE26. The property covers 76 m² (818 sq ft), giving an estimated value of £2,463 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £118,000

    Oct 2014

    Estimated Valuation

    £187,174

    Est. £/sq ft

    £229/sq ft

    £2,463/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area818 sq ft (76 m²)
    EPC dateJul 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Oct 2014

    £118,000

    30 Jun 2003

    £59,000

    Key Metrics

    Estimated valuation£187,174
    Value per sq ft / m²£229/sq ft (£2,463/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE26 district percentile15th percentile
    National percentile21st 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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