61 Ripon Street, Gateshead, NE8 4EP is a leasehold flat built before 1900. The property offers approximately 883 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £61,286 , which equates to approximately £69 per square foot. It was last sold on 16 Dec 2014 for £50,000. Since then, the value has increased by £11,286, representing a 22.6% increase, or approximately 2.1% per year.

The current estimated value of £61,286 is:

  • 10.2% lower than the average property price on Ripon Street
  • 7.0% lower than the average in the NE8 4EP postcode area
  • and 65.3% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 6 May 2009, the property was recorded as owner-occupied.

View sold house prices in NE8 4EP

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
883 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£61,286
Price Per sq ft (estimate)
£69
Bedroom Count (estimate)
3 bedrooms

EPC Summary

61 Ripon Street, Gateshead, Tyne And Wear, NE8 4EP has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 2 Jul 2015.

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 4 Nov 2009, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 27.6%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The windows were upgraded from mostly double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in 40% of fixed outlets, with efficiency changing from good to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 40% of fixed outlets
Average

Compared to NE8 4EP

18 th / 51
Price Rank
7% lower than average
5 th / 46
Size Rank
19% bigger than average
31 st / 46
Price Per Sq FT Rank
22% lower than average

Compared to other properties in NE8 4EP , this flat's estimated value ranks 18th out of 51. Based on price per square foot, it ranks 31th out of 46 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 5th out of 46 properties in its postcode area.

Sale History

Today
£61,286
streetscan.co.uk estimate
+23 %
16 Dec 2014
£50,000
Leasehold
-19.4 %
23 Oct 2009
£62,000
Leasehold
+34.9 %
19 Mar 2004
£45,950
Leasehold
+43.6 %
15 Aug 2003
£32,000
Leasehold

Area Insights

Similar Properties Sold Nearby

16 Ripon Street, Gateshead, NE8 4EP
rooms: 4
size: 893 sq ft
sale price: £52,000
sale date: 11 Sep 2015
14 Ripon Street, Gateshead, NE8 4EP
rooms: 4
size: 758 sq ft
sale price: £52,000
sale date: 10 Aug 2015
26 Ripon Street, Gateshead, NE8 4EP
rooms: 4
size: 850 sq ft
sale price: £58,000
sale date: 17 Feb 2015
36 Ripon Street, Gateshead, NE8 4EP
rooms: 4
size: 807 sq ft
sale price: £57,000
sale date: 23 Jul 2010

Data Sources

The property at 61 Ripon Street, Gateshead, NE8 4EP appears four times in the Land Registry records, with the latest transaction recorded on 16 Dec 2014. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Jul 2015. 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.
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