2 Ridge Villas

    2, RIDGE VILLAS, BEDLINGTON, NE22 6EA

    This terraced freehold property on Ridge Villas last sold in May 2015 for £149,000. Based on price growth in the NE22 district since then, its estimated current value is £168,298 — placing it in the 17th percentile nationally and the 49th percentile within NE22. The property covers 99 m² (1,066 sq ft), giving an estimated value of £1,700 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,066 sq ft

    99 m²

    Last Sale Price

    £149,000

    May 2015

    Estimated Valuation

    £168,298

    Est. £/sq ft

    £158/sq ft

    £1,700/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,066 sq ft (99 m²)
    EPC dateMay 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 May 2015

    £149,000

    9 May 2008

    £131,000

    Key Metrics

    Estimated valuation£168,298
    Value per sq ft / m²£158/sq ft (£1,700/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE22 district percentile49th percentile
    National percentile17th percentile

    District Context — NE22

    NE22 covers Hexham and surrounding areas in Northumberland, situated in the north-east of England. It is a predominantly rural district with strong community heritage and access to both countryside and market town amenities.

    Average Property Price - NE22

    £185,781

    9

    National percentile

    Average Net Household Income - NE22

    £31,455

    12

    National percentile

    10-Year Annualised Price Growth - NE22

    2.0%

    9

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE22

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