124 Closefield Grove, Whitley Bay, NE25 8SU is a leasehold flat built between 1930-1949. The property offers approximately 689 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £152,566 , which equates to approximately £221 per square foot. It was last sold on 4 Oct 2013 for £110,000. Since then, the value has increased by £42,566, representing a 38.7% increase, or approximately 3.2% per year.

The current estimated value of £152,566 is:

  • 1.9% lower than the average property price on Closefield Grove
  • 12.4% lower than the average in the NE25 8SU postcode area
  • and 52.9% lower than the average price for Whitley Bay as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 28 March 2023, the property was recorded as rented.

View sold house prices in NE25 8SU

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
689 sq ft
Tenure
Leasehold
Price (estimate)
£152,566
Price Per sq ft (estimate)
£221
Bedroom Count (estimate)
2 bedrooms

EPC Summary

124 Closefield Grove, Whitley Bay, North Tyneside, Tyne And Wear, NE25 8SU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Mar 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 12 Apr 2013. The rating of C remains the same, but the energy efficiency score improved by 2.8%.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency changing from good to average, with the construction or insulation remaining cavity wall, filled cavity.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE25 8SU

39 th / 60
Price Rank
12% lower than average
9 th / 50
Size Rank
8% smaller than average
36 th / 50
Price Per Sq FT Rank
5% lower than average

Compared to other properties in NE25 8SU , this flat's estimated value ranks 39th out of 60. Based on price per square foot, it ranks 36th out of 50 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 9th out of 50 properties in its postcode area.

Sale History

Today
£152,566
streetscan.co.uk estimate
+39 %
4 Oct 2013
£110,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 775 sq ft
sale price: £147,500
sale date: 15 Aug 2024
rooms: 3
size: 592 sq ft
sale price: £143,000
sale date: 13 Aug 2024
rooms: 3
size: 689 sq ft
sale price: £145,000
sale date: 19 Jul 2024
rooms: 3
size: 689 sq ft
sale price: £144,000
sale date: 5 Apr 2024
rooms: 3
size: 624 sq ft
sale price: £145,000
sale date: 9 May 2023

Data Sources

The property at 124 Closefield Grove, Whitley Bay, North Tyneside, Tyne And Wear, NE25 8SU appears once in the Land Registry records, with the transaction recorded on 4 Oct 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Mar 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.