5 Gorsedene Road

    5, GORSEDENE ROAD, WHITLEY BAY, NE26 4AH

    This detached freehold property on Gorsedene Road last sold in July 2012 for £285,000. Based on price growth in the NE26 district since then, its estimated current value is £400,127 — placing it in the 67th percentile nationally and the 59th percentile within NE26. The property covers 83 m² (893 sq ft), giving an estimated value of £4,821 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £285,000

    Jul 2012

    Estimated Valuation

    £400,127

    Est. £/sq ft

    £448/sq ft

    £4,821/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area893 sq ft (83 m²)
    EPC dateJan 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Jul 2012

    £285,000

    23 Aug 2010

    £240,000

    Key Metrics

    Estimated valuation£400,127
    Value per sq ft / m²£448/sq ft (£4,821/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE26 district percentile59th percentile
    National percentile67th 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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