2 South Ridge

    2, SOUTH RIDGE, NEWCASTLE UPON TYNE, NE3 2EJ

    This semi-detached freehold property on South Ridge last sold in November 2017 for £365,000. Based on price growth in the NE3 district since then, its estimated current value is £473,925 — placing it in the 76th percentile nationally and the 83rd percentile within NE3. The property covers 144 m² (1,550 sq ft), giving an estimated value of £3,291 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,550 sq ft

    144 m²

    Last Sale Price

    £365,000

    Nov 2017

    Estimated Valuation

    £473,925

    Est. £/sq ft

    £306/sq ft

    £3,291/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,550 sq ft (144 m²)
    EPC dateJul 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Nov 2017

    £365,000

    2 May 2003

    £249,999

    Key Metrics

    Estimated valuation£473,925
    Value per sq ft / m²£306/sq ft (£3,291/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile83rd percentile
    National percentile76th 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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