1 Ridley Street, Gateshead, NE8 1YE is a leasehold flat built between 1900-1929. The property offers approximately 689 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £77,692 , which equates to approximately £113 per square foot. It was last sold on 4 Mar 2005 for £65,000. Since then, the value has increased by £12,692, representing a 19.5% increase, or approximately 0.9% per year.

The current estimated value of £77,692 is:

  • 3.0% higher than the average property price on Ridley Street
  • 2.3% higher than the average in the NE8 1YE postcode area
  • and 56.0% lower than the average price for Gateshead as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 22 July 2024, the property was recorded as rented.

View sold house prices in NE8 1YE

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
689 sq ft
Tenure
Leasehold
Price (estimate)
£77,692
Price Per sq ft (estimate)
£113
Bedroom Count (estimate)
2 bedrooms

EPC Summary

1 Ridley Street, Gateshead, Tyne And Wear, NE8 1YE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 22 Jul 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Dec 2013, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 19.6%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE8 1YE

7 th / 14
Price Rank
2% higher than average
11 th / 12
Size Rank
3% smaller than average
5 th / 12
Price Per Sq FT Rank
5% higher than average

Compared to other properties in NE8 1YE , this flat's estimated value ranks 7th out of 14. Based on price per square foot, it ranks 5th out of 12 properties. In terms of size, this home ranks 11th out of 12 properties in its postcode area.

Sale History

Today
£77,692
streetscan.co.uk estimate
+20 %
4 Mar 2005
£65,000
Leasehold
+116.7 %
8 Oct 2003
£30,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 721 sq ft
sale price: £57,500
sale date: 19 Jul 2019
rooms: 3
size: 667 sq ft
sale price: £62,000
sale date: 22 Feb 2018
rooms: 3
size: 753 sq ft
sale price: £75,000
sale date: 14 Jul 2017
rooms: 3
size: 753 sq ft
sale price: £55,000
sale date: 11 Sep 2015
rooms: 3
size: 693 sq ft
sale price: £92,500
sale date: 17 Oct 2014

Data Sources

The property at 1 Ridley Street, Gateshead, NE8 1YE appears two times in the Land Registry records, with the latest transaction recorded on 4 Mar 2005. It also has six Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Jul 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.