12 Ridge Way

    12, RIDGE WAY, WALLSEND, NE28 9FF

    This detached freehold property on Ridge Way last sold in September 2017 for £199,950. Based on price growth in the NE28 district since then, its estimated current value is £282,734 — placing it in the 45th percentile nationally and the 90th percentile within NE28. The property covers 78 m² (840 sq ft), giving an estimated value of £3,625 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £199,950

    Sept 2017

    Estimated Valuation

    £282,734

    Est. £/sq ft

    £337/sq ft

    £3,625/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateSept 2017
    WallsAverage thermal transmittance 0.32 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Sept 2017

    New build

    £199,950

    Key Metrics

    Estimated valuation£282,734
    Value per sq ft / m²£337/sq ft (£3,625/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile90th percentile
    National percentile45th percentile

    District Context — NE28

    NE28 covers Tynemouth and surrounding areas on the North Tyne coast, northeast of Newcastle. It is a established residential district with a mix of suburban and coastal communities.

    Average Property Price - NE28

    £172,636

    7

    National percentile

    Average Net Household Income - NE28

    £31,921

    13

    National percentile

    10-Year Annualised Price Growth - NE28

    3.3%

    38

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE28

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