2 The Rise

    2, THE RISE, NEWCASTLE UPON TYNE, NE3 4LT

    This semi-detached freehold property on The Rise last sold in September 2024 for £450,000. Based on price growth in the NE3 district since then, its estimated current value is £494,595 — placing it in the 78th percentile nationally and the 85th percentile within NE3. The property covers 153 m² (1,647 sq ft), giving an estimated value of £3,233 per m². The EPC rating is C, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,647 sq ft

    153 m²

    Last Sale Price

    £450,000

    Sept 2024

    Estimated Valuation

    £494,595

    Est. £/sq ft

    £300/sq ft

    £3,233/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,647 sq ft (153 m²)
    EPC dateFeb 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Sept 2024

    £450,000

    7 Jan 2016

    £260,000

    Key Metrics

    Estimated valuation£494,595
    Value per sq ft / m²£300/sq ft (£3,233/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile85th percentile
    National percentile78th 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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