2 Ridley Close

    2, RIDLEY CLOSE, NEWCASTLE UPON TYNE, NE3 2BT

    This semi-detached freehold property on Ridley Close last sold in June 2021 for £150,000. Based on price growth in the NE3 district since then, its estimated current value is £177,130 — placing it in the 19th percentile nationally and the 24th percentile within NE3. The property covers 92 m² (990 sq ft), giving an estimated value of £1,925 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £150,000

    Jun 2021

    Estimated Valuation

    £177,130

    Est. £/sq ft

    £179/sq ft

    £1,925/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area990 sq ft (92 m²)
    EPC dateAug 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Jun 2021

    £150,000

    Key Metrics

    Estimated valuation£177,130
    Value per sq ft / m²£179/sq ft (£1,925/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile24th percentile
    National percentile19th percentile

    District Context — NE3

    NE3 covers suburbs and outlying areas in the northeast of Newcastle, extending into surrounding residential neighbourhoods. It is a relatively stable, family-oriented district with a mix of established housing stock and leafy character.

    Average Property Price - NE3

    £315,221

    47

    National percentile

    Average Net Household Income - NE3

    £42,222

    67

    National percentile

    10-Year Annualised Price Growth - NE3

    3.2%

    34

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE3

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