118 Ridgeway

    118, RIDGEWAY, GATESHEAD, NE10 8DH

    This semi-detached freehold property on Ridgeway last sold in December 2009 for £95,000. Based on price growth in the NE10 district since then, its estimated current value is £137,985 — placing it in the 10th percentile nationally and the 46th percentile within NE10. The property covers 105 m² (1,130 sq ft), giving an estimated value of £1,314 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,130 sq ft

    105 m²

    Last Sale Price

    £95,000

    Dec 2009

    Estimated Valuation

    £137,985

    Est. £/sq ft

    £122/sq ft

    £1,314/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,130 sq ft (105 m²)
    EPC dateJun 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Dec 2009

    £95,000

    5 Aug 2004

    £90,000

    Key Metrics

    Estimated valuation£137,985
    Value per sq ft / m²£122/sq ft (£1,314/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile46th percentile
    National percentile10th 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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