2 The Ridings

    2, THE RIDINGS, WHITLEY BAY, NE25 9XZ

    This detached freehold property on The Ridings last sold in May 2021 for £525,000. Based on price growth in the NE25 district since then, its estimated current value is £684,890 — placing it in the 90th percentile nationally and the 98th percentile within NE25. The property covers 97 m² (1,044 sq ft), giving an estimated value of £7,061 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £525,000

    May 2021

    Estimated Valuation

    £684,890

    Est. £/sq ft

    £656/sq ft

    £7,061/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateOct 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 May 2021

    £525,000

    10 Nov 2016

    £290,000

    2 Apr 2009

    £250,000

    3 Mar 2006

    £262,000

    27 Jun 1997

    £98,500

    Key Metrics

    Estimated valuation£684,890
    Value per sq ft / m²£656/sq ft (£7,061/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE25 district percentile98th percentile
    National percentile90th 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

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