38 The Ridings

    38, THE RIDINGS, WHITLEY BAY, NE25 9XZ

    This terraced leasehold property on The Ridings last sold in November 2018 for £91,000. Based on price growth in the NE25 district since then, its estimated current value is £129,741 — placing it in the 8th percentile nationally and the 9th percentile within NE25. The property covers 37 m² (398 sq ft), giving an estimated value of £3,507 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    398 sq ft

    37 m²

    Last Sale Price

    £91,000

    Nov 2018

    Estimated Valuation

    £129,741

    Est. £/sq ft

    £326/sq ft

    £3,507/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area398 sq ft (37 m²)
    EPC dateMar 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    16 Nov 2018

    £91,000

    Key Metrics

    Estimated valuation£129,741
    Value per sq ft / m²£326/sq ft (£3,507/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE25 district percentile9th percentile
    National percentile8th 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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