18 Richmond Terrace

    18, RICHMOND TERRACE, NEWCASTLE UPON TYNE, NE15 8JN

    This terraced freehold property on Richmond Terrace last sold in May 2020 for £125,000. Based on price growth in the NE15 district since then, its estimated current value is £157,904 — placing it in the 14th percentile nationally and the 45th percentile within NE15. The property covers 78 m² (840 sq ft), giving an estimated value of £2,024 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £125,000

    May 2020

    Estimated Valuation

    £157,904

    Est. £/sq ft

    £188/sq ft

    £2,024/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateSept 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 May 2020

    £125,000

    16 Feb 2015

    £115,000

    3 Mar 2000

    £44,000

    Key Metrics

    Estimated valuation£157,904
    Value per sq ft / m²£188/sq ft (£2,024/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile45th percentile
    National percentile14th percentile

    District Context — NE15

    NE15 covers Prudhoe, Ryton, and surrounding communities in Tyne and Wear, situated west of Gateshead along the River Tyne. It is a mixed residential area with strong community roots and reasonable access to regional employment centres.

    Average Property Price - NE15

    £195,588

    11

    National percentile

    Average Net Household Income - NE15

    £33,771

    24

    National percentile

    10-Year Annualised Price Growth - NE15

    3.7%

    54

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE15

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