40 Ringlet Drive

    40, RINGLET DRIVE, NEWCASTLE UPON TYNE, NE13 9ES

    This detached freehold property on Ringlet Drive last sold in November 2022 for £346,950. Based on price growth in the NE13 district since then, its estimated current value is £1,526,276 — placing it in the 98th percentile nationally and the 80th percentile within NE13. The property covers 129 m² (1,389 sq ft), giving an estimated value of £11,832 per m². The EPC rating is A, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,389 sq ft

    129 m²

    Last Sale Price

    £346,950

    Nov 2022

    Estimated Valuation

    £1,526,276

    Est. £/sq ft

    £1,099/sq ft

    £11,832/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2020
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentA
    EPC potentialA
    Floor area1,389 sq ft (129 m²)
    EPC dateNov 2022
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Nov 2022

    New build

    £346,950

    Key Metrics

    Estimated valuation£1,526,276
    Value per sq ft / m²£1,099/sq ft (£11,832/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE13 district percentile80th percentile
    National percentile98th percentile

    District Context — NE13

    NE13 covers areas in County Durham and surrounding districts in the North East, situated between Durham city and the coast. It is a predominantly residential area with a mix of suburban and semi-rural character.

    Average Property Price - NE13

    £668,867

    92

    National percentile

    Average Net Household Income - NE13

    £21,109

    2

    National percentile

    10-Year Annualised Price Growth - NE13

    11.4%

    100

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE13

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