56 Ridley Terrace

    56, RIDLEY TERRACE, GATESHEAD, NE10 0NQ

    This terraced leasehold property on Ridley Terrace last sold in June 2010 for £84,000. Based on price growth in the NE10 district since then, its estimated current value is £116,864 — placing it in the 6th percentile nationally and the 31st percentile within NE10. The property covers 73 m² (786 sq ft), giving an estimated value of £1,601 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £84,000

    Jun 2010

    Estimated Valuation

    £116,864

    Est. £/sq ft

    £149/sq ft

    £1,601/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formNot Recorded
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area786 sq ft (73 m²)
    EPC dateJul 2025
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Jun 2010

    £84,000

    23 Apr 2007

    £83,000

    4 Jun 2004

    £69,950

    19 Jun 2002

    £28,000

    Key Metrics

    Estimated valuation£116,864
    Value per sq ft / m²£149/sq ft (£1,601/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile31st percentile
    National percentile6th 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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