56 Park Parade, Whitley Bay, NE26 1DX is a freehold flat built between 1900-1929. The property offers approximately 2,508 square feet of living space. In this location, apartments of similar size usually have six bedrooms.

The estimated current market value of the property is £221,315 , which equates to approximately £88 per square foot. It was last sold on 2 Jun 2004 for £150,000. Since then, the value has increased by £71,315, representing a 47.5% increase, or approximately 2.2% per year.

The current estimated value of £221,315 is:

  • 32.9% lower than the average property price on Park Parade
  • 37.8% lower than the average in the NE26 1DX postcode area
  • and 33.8% 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 as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 23 August 2017, the property was recorded as owner-occupied.

View sold house prices in NE26 1DX

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
2508 sq ft
Tenure
Freehold
Price (estimate)
£221,315
Price Per sq ft (estimate)
£88
Bedroom Count (estimate)
6 bedrooms

EPC Summary

56 Park Parade, Whitley Bay, North Tyneside, Tyne And Wear, NE26 1DX has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 23 Aug 2017.

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 16 Aug 2014, when the property was rated E. The current rating of F reflects a decline in energy efficiency of 14.3%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, no insulation, with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The lighting was updated from low energy lighting in 23% of fixed outlets to low energy lighting in 57% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 57% of fixed outlets
Good

Compared to NE26 1DX

24 th / 24
Price Rank
38% lower than average
1 st / 18
Size Rank
43% bigger than average
18 th / 18
Price Per Sq FT Rank
57% lower than average

Compared to other properties in NE26 1DX , this house's estimated value ranks 24th out of 24. Based on price per square foot, it ranks 18th out of 18 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 1st out of 18 properties in its postcode area.

Sale History

Today
£221,315
streetscan.co.uk estimate
+48 %
2 Jun 2004
£150,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 8
size: 2196 sq ft
sale price: £174,000
sale date: 9 Aug 2019

Data Sources

The property at 56 Park Parade, Whitley Bay, North Tyneside, Tyne And Wear, NE26 1DX appears once in the Land Registry records, with the transaction recorded on 2 Jun 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Aug 2017. 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.