1 High Point View Promenade

    1 HIGH POINT VIEW, PROMENADE, WHITLEY BAY, NE26 2BF

    This terraced freehold property on Promenade last sold in August 2021 for £505,000. Based on price growth in the NE26 district since then, its estimated current value is £614,408 — placing it in the 87th percentile nationally and the 92nd percentile within NE26. The property covers 176 m² (1,894 sq ft), giving an estimated value of £3,491 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,894 sq ft

    176 m²

    Last Sale Price

    £505,000

    Aug 2021

    Estimated Valuation

    £614,408

    Est. £/sq ft

    £324/sq ft

    £3,491/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,894 sq ft (176 m²)
    EPC dateDec 2018
    WallsAverage thermal transmittance 0.17 W/m²K
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    31 Aug 2021

    £505,000

    30 Jan 2019

    New build

    £400,000

    Key Metrics

    Estimated valuation£614,408
    Value per sq ft / m²£324/sq ft (£3,491/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE26 district percentile92nd percentile
    National percentile87th 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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