2 The West Rig

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

    This detached freehold property on The West Rig last sold in November 2024 for £421,000. Based on price growth in the NE3 district since then, its estimated current value is £367,162 — placing it in the 62nd percentile nationally and the 68th percentile within NE3. The property covers 132 m² (1,421 sq ft), giving an estimated value of £2,782 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,421 sq ft

    132 m²

    Last Sale Price

    £421,000

    Nov 2024

    Estimated Valuation

    £367,162

    Est. £/sq ft

    £258/sq ft

    £2,782/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,421 sq ft (132 m²)
    EPC dateFeb 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Nov 2024

    £421,000

    25 Sept 2017

    £320,000

    29 Apr 2016

    £250,000

    Key Metrics

    Estimated valuation£367,162
    Value per sq ft / m²£258/sq ft (£2,782/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile68th percentile
    National percentile62nd 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

    More properties in NE3

    Streets in NE3

    Explore nearby