Hobbit House Richley Terrace

    HOBBIT HOUSE, RICHLEY TERRACE, INGOE, NEWCASTLE UPON TYNE, NE20 0SL

    This terraced freehold property on Richley Terrace last sold in May 2013 for £174,000. Based on price growth in the NE20 district since then, its estimated current value is £324,535 — placing it in the 54th percentile nationally and the 19th percentile within NE20. The property covers 86 m² (926 sq ft), giving an estimated value of £3,774 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £174,000

    May 2013

    Estimated Valuation

    £324,535

    Est. £/sq ft

    £351/sq ft

    £3,774/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelLPG (not community)
    EPC currentD
    EPC potentialC
    Floor area926 sq ft (86 m²)
    EPC dateMar 2024
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, LPG

    Transaction History

    17 May 2013

    £174,000

    14 Mar 2003

    £145,000

    14 Jun 1996

    £82,500

    Key Metrics

    Estimated valuation£324,535
    Value per sq ft / m²£351/sq ft (£3,774/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE20 district percentile19th percentile
    National percentile54th percentile

    District Context — NE20

    NE20 covers parts of rural and semi-rural Northumberland, including areas around Ponteland and the commuter belt north of Newcastle. It is a predominantly mature, affluent residential area with strong owner-occupation and professional employment.

    Average Property Price - NE20

    £552,889

    86

    National percentile

    Average Net Household Income - NE20

    £46,601

    80

    National percentile

    10-Year Annualised Price Growth - NE20

    3.5%

    46

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE20

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