40 Gorsedene Road

    40, GORSEDENE ROAD, WHITLEY BAY, NE26 4AH

    This semi-detached freehold property on Gorsedene Road last sold in August 2019 for £340,000. Based on price growth in the NE26 district since then, its estimated current value is £471,925 — placing it in the 76th percentile nationally and the 76th percentile within NE26. The property covers 138 m² (1,485 sq ft), giving an estimated value of £3,420 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,485 sq ft

    138 m²

    Last Sale Price

    £340,000

    Aug 2019

    Estimated Valuation

    £471,925

    Est. £/sq ft

    £318/sq ft

    £3,420/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,485 sq ft (138 m²)
    EPC dateMay 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Aug 2019

    £340,000

    15 Apr 2005

    £228,000

    Key Metrics

    Estimated valuation£471,925
    Value per sq ft / m²£318/sq ft (£3,420/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE26 district percentile76th percentile
    National percentile76th 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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