48 Ripon Street

    48, RIPON STREET, GATESHEAD, NE8 4EP

    This flat/maisonette leasehold property on Ripon Street last sold in March 2006 for £50,000. Based on price growth in the NE8 district since then, its estimated current value is £60,972 — placing it in the 0th percentile nationally and the 6th percentile within NE8. The property covers 57 m² (614 sq ft), giving an estimated value of £1,070 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £50,000

    Mar 2006

    Estimated Valuation

    £60,972

    Est. £/sq ft

    £99/sq ft

    £1,070/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateMar 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Mar 2006

    £50,000

    31 Mar 2004

    £79,000

    24 Oct 2003

    £59,000

    20 Dec 2002

    £34,000

    Key Metrics

    Estimated valuation£60,972
    Value per sq ft / m²£99/sq ft (£1,070/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile6th percentile
    National percentile0th percentile

    District Context — NE8

    NE8 covers Gateshead and surrounding areas in Tyne and Wear, situated south of the River Tyne in the North East. It is a primarily working-class and lower-middle-income area with a significant rental market and strong community character.

    Average Property Price - NE8

    £157,635

    4

    National percentile

    Average Net Household Income - NE8

    £31,485

    12

    National percentile

    10-Year Annualised Price Growth - NE8

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE8

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