Apartment 2, Panama View, 29 Bournemouth Gardens, Whitley Bay, NE26 1QQ is a leasehold flat built between 2003-2006. The property offers approximately 850 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 £165,234 , which equates to approximately £194 per square foot. It was last sold on 11 Sep 2017 for £134,000. Since then, the value has increased by £31,234, representing a 23.3% increase, or approximately 2.8% per year.

The current estimated value of £165,234 is:

  • 59.8% lower than the average property price on Bournemouth Gardens
  • 60.4% lower than the average in the NE26 1QQ postcode area
  • and 50.6% 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 4 November 2022, the property was recorded as owner-occupied.

View sold house prices in NE26 1QQ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
850 sq ft
Tenure
Leasehold
Price (estimate)
£165,234
Price Per sq ft (estimate)
£194
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 2, Panama View, 29 Bournemouth Gardens, Whitley Bay, North Tyneside, Tyne And Wear, NE26 1QQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Nov 2022.

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 20 Nov 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 2.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE26 1QQ

15 th / 15
Price Rank
60% lower than average
6 th / 12
Size Rank
31% smaller than average
12 th / 12
Price Per Sq FT Rank
42% lower than average

Compared to other properties in NE26 1QQ , this flat's estimated value ranks 15th out of 15. Based on price per square foot, it ranks 12th out of 12 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 6th out of 12 properties in its postcode area.

Sale History

Today
£165,234
streetscan.co.uk estimate
+23 %
11 Sep 2017
£134,000
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 667 sq ft
sale price: £208,500
sale date: 18 Jul 2024
rooms: 3
size: 721 sq ft
sale price: £235,000
sale date: 25 Nov 2022
rooms: 3
size: 624 sq ft
sale price: £190,000
sale date: 18 Jun 2019
rooms: 3
size: 682 sq ft
sale price: £173,000
sale date: 2 Feb 2018
rooms: 3
size: 653 sq ft
sale price: £135,000
sale date: 12 Dec 2016

Data Sources

The property at Apartment 2, Panama View, 29 Bournemouth Gardens, Whitley Bay, North Tyneside, Tyne And Wear, NE26 1QQ appears once in the Land Registry records, with the transaction recorded on 11 Sep 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Nov 2022. 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.