7 Ripon Street

    7, RIPON STREET, GATESHEAD, NE8 4EP

    This terraced freehold property on Ripon Street last sold in July 2014 for £106,000. Based on price growth in the NE8 district since then, its estimated current value is £136,294 — placing it in the 10th percentile nationally and the 51st percentile within NE8. The property covers 117 m² (1,259 sq ft), giving an estimated value of £1,165 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,259 sq ft

    117 m²

    Last Sale Price

    £106,000

    Jul 2014

    Estimated Valuation

    £136,294

    Est. £/sq ft

    £108/sq ft

    £1,165/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,259 sq ft (117 m²)
    EPC dateNov 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Jul 2014

    £106,000

    31 Aug 1995

    £40,000

    Key Metrics

    Estimated valuation£136,294
    Value per sq ft / m²£108/sq ft (£1,165/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile51st percentile
    National percentile10th 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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