3 Ridley Terrace

    3, RIDLEY TERRACE, GATESHEAD, NE10 0NQ

    This flat/maisonette leasehold property on Ridley Terrace last sold in July 2023 for £39,999. Based on price growth in the NE10 district since then, its estimated current value is £40,372 — placing it in the 0th percentile nationally and the 1st percentile within NE10. The property covers 50 m² (538 sq ft), giving an estimated value of £807 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £39,999

    Jul 2023

    Estimated Valuation

    £40,372

    Est. £/sq ft

    £75/sq ft

    £807/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateJun 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Jul 2023

    £39,999

    3 Aug 2017

    £39,999

    Key Metrics

    Estimated valuation£40,372
    Value per sq ft / m²£75/sq ft (£807/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile1st percentile
    National percentile0th percentile

    District Context — NE10

    NE10 covers the Chester-le-Street area in south-east Durham, positioned between Sunderland and Gateshead. It is a largely working-class community with a strong social housing presence and steady, affordable residential demand.

    Average Property Price - NE10

    £158,785

    4

    National percentile

    Average Net Household Income - NE10

    £31,483

    12

    National percentile

    10-Year Annualised Price Growth - NE10

    3.4%

    42

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE10

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