40 Ridley Terrace

    40, RIDLEY TERRACE, GATESHEAD, NE10 0NQ

    This terraced leasehold property on Ridley Terrace last sold in September 2021 for £55,000. Based on price growth in the NE10 district since then, its estimated current value is £63,198 — placing it in the 0th percentile nationally and the 5th percentile within NE10. The property covers 44 m² (474 sq ft), giving an estimated value of £1,436 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    474 sq ft

    44 m²

    Last Sale Price

    £55,000

    Sept 2021

    Estimated Valuation

    £63,198

    Est. £/sq ft

    £133/sq ft

    £1,436/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area474 sq ft (44 m²)
    EPC dateAug 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Sept 2021

    £55,000

    Key Metrics

    Estimated valuation£63,198
    Value per sq ft / m²£133/sq ft (£1,436/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile5th 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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