38 Well Ridge Close

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

    This detached freehold property on Well Ridge Close last sold in July 2022 for £508,000. Based on price growth in the NE25 district since then, its estimated current value is £566,795 — placing it in the 84th percentile nationally and the 94th percentile within NE25. The property covers 143 m² (1,539 sq ft), giving an estimated value of £3,964 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,539 sq ft

    143 m²

    Last Sale Price

    £508,000

    Jul 2022

    Estimated Valuation

    £566,795

    Est. £/sq ft

    £368/sq ft

    £3,964/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,539 sq ft (143 m²)
    EPC dateOct 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Jul 2022

    £508,000

    12 Aug 2014

    £307,500

    Key Metrics

    Estimated valuation£566,795
    Value per sq ft / m²£368/sq ft (£3,964/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE25 district percentile94th percentile
    National percentile84th 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