2 Well Ridge Close

    2, WELL RIDGE CLOSE, WHITLEY BAY, NE25 9PN

    This detached freehold property on Well Ridge Close last sold in October 2016 for £580,000. Based on price growth in the NE25 district since then, its estimated current value is £841,273 — placing it in the 94th percentile nationally and the 100th percentile within NE25. The property covers 195 m² (2,099 sq ft), giving an estimated value of £4,314 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,099 sq ft

    195 m²

    Last Sale Price

    £580,000

    Oct 2016

    Estimated Valuation

    £841,273

    Est. £/sq ft

    £401/sq ft

    £4,314/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,099 sq ft (195 m²)
    EPC dateJul 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Oct 2016

    £580,000

    Key Metrics

    Estimated valuation£841,273
    Value per sq ft / m²£401/sq ft (£4,314/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE25 district percentile100th percentile
    National percentile94th percentile

    District Context — NE25

    NE25 covers parts of North Tyneside, including areas around Whitley Bay and the surrounding coastal and suburban neighbourhoods in the north-east of the region. It is a mature, owner-occupied community with a notably older demographic profile and strong professional employment base.

    Average Property Price - NE25

    £288,988

    39

    National percentile

    Average Net Household Income - NE25

    £39,026

    54

    National percentile

    10-Year Annualised Price Growth - NE25

    3.6%

    53

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE25

    More properties in NE25

    Streets in NE25

    Explore nearby