16 The West Rig

    16, THE WEST RIG, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE3 4LR

    This terraced freehold property on The West Rig last sold in May 2004 for £195,000. Based on price growth in the NE3 district since then, its estimated current value is £319,990 — placing it in the 53rd percentile nationally and the 59th percentile within NE3. The property covers 117 m² (1,259 sq ft), giving an estimated value of £2,735 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,259 sq ft

    117 m²

    Last Sale Price

    £195,000

    May 2004

    Estimated Valuation

    £319,990

    Est. £/sq ft

    £254/sq ft

    £2,735/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,259 sq ft (117 m²)
    EPC dateJun 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 May 2004

    £195,000

    Key Metrics

    Estimated valuation£319,990
    Value per sq ft / m²£254/sq ft (£2,735/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile59th percentile
    National percentile53rd 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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