8 South Ridge

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

    This detached freehold property on South Ridge last sold in November 2012 for £260,000. Based on price growth in the NE3 district since then, its estimated current value is £345,525 — placing it in the 58th percentile nationally and the 65th percentile within NE3. The property covers 116 m² (1,249 sq ft), giving an estimated value of £2,979 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,249 sq ft

    116 m²

    Last Sale Price

    £260,000

    Nov 2012

    Estimated Valuation

    £345,525

    Est. £/sq ft

    £277/sq ft

    £2,979/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,249 sq ft (116 m²)
    EPC dateAug 2012
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Nov 2012

    £260,000

    Key Metrics

    Estimated valuation£345,525
    Value per sq ft / m²£277/sq ft (£2,979/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile65th percentile
    National percentile58th 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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