1 Vernon Place

    1, VERNON PLACE, NEWBIGGIN-BY-THE-SEA, NEWBIGGIN-BY-THE-SEA, NE64 6ED

    This flat/maisonette leasehold property on Vernon Place last sold in October 2002 for £25,000. Based on price growth in the NE64 district since then, its estimated current value is £167,257 — placing it in the 16th percentile nationally and the 69th percentile within NE64. The property covers 92 m² (990 sq ft), giving an estimated value of £1,818 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    92 m²

    (990 sq ft)

    Last Sale Price

    £25,000

    Oct 2002

    Estimated Valuation

    £167,257

    Est. £/m²

    £1,818/m²

    £169/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area92 m² (990 sq ft)
    EPC dateJul 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Oct 2002

    £25,000

    23 Jul 2002

    £25,000

    Key Metrics

    Estimated valuation£167,257
    Value per m² / sq ft£1,818/m² (£169/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE64 district percentile69th percentile
    National percentile16th percentile

    District Context — NE64

    NE64 covers Whitley Bay and surrounding areas along the North Tyneside coast, north of Newcastle. It is a long-established seaside residential district with a mix of family homes and retirement properties.

    Average Property Price - NE64

    £152,873

    3

    National percentile

    Average Net Household Income - NE64

    £30,116

    8

    National percentile

    10-Year Annualised Price Growth - NE64

    6.1%

    97

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE64

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