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Whitley Bay House Prices Whitley Bay House Prices

The average house price in Whitley Bay is £305,078 using HM Land Registry data.

The average property price increased by £97,762 (39.64%) over the last 5 years and increased by £19,539 (6.02%) over the last 12 months.

Over the last year, there were 477 residential property sales – a decrease of 53 transactions (-11.11%) relative to the previous year. The majority of house sales (111) were in the £220,000 - £310,000 range. Then came properties in the £310,000 - £400,000 range, where 109 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 81 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,695 (-2%).

In April 2024, there were 37 new estate agency instructions, 79 agreed home sales and 22 property price reductions.

Neighbouring Areas: Tynemouth

Postcodes Covered: NE25, NE26, NE30

5-Year Average Property Prices in Whitley Bay

39.64%

Property prices in Whitley Bay increased by 39.64% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Whitley Bay Over the Last Year

6.02%

Property prices in Whitley Bay increased by 6.02% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Whitley Bay - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Whitley Bay

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Whitley Bay

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Whitley Bay

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Whitley Bay since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Whitley Bay area since 1995.

Recent Property Sales in Whitley Bay

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
136 Park Avenue, Whitley Bay, Tyne And Wear, NE26 1AY£465,000£450,000-£15,00008 Dec 202308 Mar 202491 Days
90 Turnberry, Whitley Bay, Tyne And Wear, NE25 9NZ£160,000£160,000£0015 Oct 202308 Mar 2024145 Days
14 Roxburgh Terrace, Whitley Bay, Tyne And Wear, NE26 1DS£155,000£145,000-£10,00017 Mar 202305 Mar 2024354 Days
52 Earnshaw Way, Whitley Bay, Tyne And Wear, NE25 9UN£575,000£556,000-£19,00005 Jun 202305 Mar 2024274 Days
10 Rodney Way, Whitley Bay, Tyne And Wear, NE26 3JG£320,000£310,000-£10,00028 Sep 202304 Mar 2024158 Days
1 Newlands Avenue, Whitley Bay, Tyne And Wear, NE25 9DU£400,000£390,000-£10,00010 Aug 202304 Mar 2024207 Days
38 Priory Avenue, Whitley Bay, Tyne And Wear, NE25 8RU£210,000£205,000-£5,00004 Sep 202323 Feb 2024172 Days
43 The Fold, Whitley Bay, Tyne And Wear, NE25 8DH£159,950£145,000-£14,95003 Aug 202322 Feb 2024203 Days
23 Elford Close, Whitley Bay, Tyne And Wear, NE25 9LW£240,000£212,500-£27,50009 Nov 202316 Feb 202499 Days
20 Brantwood Avenue, Whitley Bay, Tyne And Wear, NE25 8LZ£335,000£335,000£0005 Oct 202309 Feb 2024127 Days
38 Village Court, Whitley Bay, Tyne And Wear, NE26 3QA£125,000£125,000£0030 Oct 202305 Feb 202498 Days
23 Jesmond Terrace, Whitley Bay, Tyne And Wear, NE26 2JE£130,000£130,000£0026 Sep 202302 Feb 2024129 Days
21 Dipton Road, Whitley Bay, Tyne And Wear, NE25 9UH£450,000£417,500-£32,50011 May 202312 Jan 2024246 Days
33 Brook Street, Whitley Bay, Tyne And Wear, NE26 1AF£389,950£389,950£0011 Aug 202311 Jan 2024153 Days
12 Victoria Terrace, Whitley Bay, Tyne And Wear, NE26 2QW£340,000£335,000-£5,00014 Sep 202309 Jan 2024117 Days
14 Hepscott Drive, Whitley Bay, Tyne And Wear, NE25 9XJ£525,000£525,000£0014 Aug 202309 Jan 2024148 Days
12 Kingston Drive, Whitley Bay, Tyne And Wear, NE26 1JH£399,950£392,500-£7,45028 Apr 202305 Jan 2024252 Days
6 Brierdene Crescent, Whitley Bay, Tyne And Wear, NE26 4AB£465,000£462,000-£3,00002 Aug 202320 Dec 2023140 Days
14 Churchill Avenue, Whitley Bay, Tyne And Wear, NE25 8UY£233,000£225,000-£8,00004 Oct 202320 Dec 202377 Days
11 Styan Avenue, Whitley Bay, Tyne And Wear, NE26 2BD£325,000£325,000£0007 Aug 202315 Dec 2023130 Days

Most Expensive Streets in Whitley Bay

PostcodeStreetAreaAverageNo. of Sales
NE26 1NQMarine AvenueWhitley Bay£866,6663
NE26 3AAHolywell AvenueWhitley Bay£787,0004
NE26 3LWMarine AvenueWhitley Bay£760,0003
NE26 3AFHolywell AvenueWhitley Bay£750,0003
NE26 3ADHolywell AvenueWhitley Bay£702,0405
NE25 8JHBeverley RoadWhitley Bay£688,3333
NE25 9BEWest Farm SteadingEarsdon£670,0005
NE25 9JTFront StreetEarsdon£648,0006
NE25 9HTWestgate CloseWhitley Bay£626,8336
NE25 8BJSt Georges CrescentWhitley Bay£623,6663

Least Expensive Streets in Whitley Bay

PostcodeStreetAreaAverageNo. of Sales
NE25 8AAFront StreetMonkseaton£68,49117
NE25 9NRThorntree DriveWhitley Bay£79,97524
NE26 3HNClaremont CourtWhitley Bay£87,2374
NE25 9NYOrchid MewsThorntree Drive£88,7504
NE26 3HPBrierdene CourtWhitley Bay£95,3124
NE26 3JANevis CourtWhitley Bay£99,1005
NE26 3JFRodney CourtWhitley Bay£101,1253
NE26 3JPSt Martins CourtWhitley Bay£102,0004
NE25 8NNMalcolm CourtWhitley Bay£109,6663
NE26 2RDStation RoadWhitley Bay£114,9205

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