24 Ringlet Drive

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

    This detached freehold property on Ringlet Drive last sold in August 2023 for £440,000. Based on price growth in the NE13 district since then, its estimated current value is £1,951,521 — placing it in the 99th percentile nationally and the 92nd percentile within NE13. The property covers 167 m² (1,798 sq ft), giving an estimated value of £11,686 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,798 sq ft

    167 m²

    Last Sale Price

    £440,000

    Aug 2023

    Estimated Valuation

    £1,951,521

    Est. £/sq ft

    £1,086/sq ft

    £11,686/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2021
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,798 sq ft (167 m²)
    EPC dateDec 2021
    WallsAverage thermal transmittance 0.26 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Aug 2023

    £440,000

    5 Nov 2021

    New build

    £397,995

    Key Metrics

    Estimated valuation£1,951,521
    Value per sq ft / m²£1,086/sq ft (£11,686/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE13 district percentile92nd percentile
    National percentile99th 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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