16 Park Parade

    16, PARK PARADE, WHITLEY BAY, NE26 1DX

    This terraced freehold property on Park Parade last sold in January 2023 for £425,000. Based on price growth in the NE26 district since then, its estimated current value is £449,596 — placing it in the 74th percentile nationally and the 72nd percentile within NE26. The property covers 186 m² (2,002 sq ft), giving an estimated value of £2,417 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,002 sq ft

    186 m²

    Last Sale Price

    £425,000

    Jan 2023

    Estimated Valuation

    £449,596

    Est. £/sq ft

    £225/sq ft

    £2,417/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,002 sq ft (186 m²)
    EPC dateAug 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Jan 2023

    £425,000

    2 Dec 2016

    £285,000

    5 Feb 2010

    £232,000

    2 Jul 2004

    £222,000

    12 Jul 2002

    £165,000

    17 Dec 1999

    £67,500

    Key Metrics

    Estimated valuation£449,596
    Value per sq ft / m²£225/sq ft (£2,417/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE26 district percentile72nd percentile
    National percentile74th 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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