24 The West Rig

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

    This terraced freehold property on The West Rig last sold in November 2015 for £240,500. Based on price growth in the NE3 district since then, its estimated current value is £356,156 — placing it in the 60th percentile nationally and the 66th percentile within NE3. The property covers 110 m² (1,184 sq ft), giving an estimated value of £3,238 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,184 sq ft

    110 m²

    Last Sale Price

    £240,500

    Nov 2015

    Estimated Valuation

    £356,156

    Est. £/sq ft

    £301/sq ft

    £3,238/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,184 sq ft (110 m²)
    EPC dateJan 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Nov 2015

    £240,500

    23 May 1997

    £59,000

    Key Metrics

    Estimated valuation£356,156
    Value per sq ft / m²£301/sq ft (£3,238/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile66th percentile
    National percentile60th 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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