1, Ridgewood Close
1, Ridgewood Close
Description & Estimates
1, Ridgewood Close, Newcastle Upon Tyne is described in the public record as a modern house with 527 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 1, Ridgewood Close, Newcastle Upon Tyne is £286,819 and its rental estimate is £1,295 per month, given the available information and assuming reasonable condition.
Ridgewood Close, Newcastle Upon Tyne, NE3 falls within the NE3 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
1, Ridgewood Close, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated February 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Ridgewood Close, Newcastle Upon Tyne, we estimate a market value of £301,160 and a rental value of £1,359 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £266,742 and £1,204 per month respectively.
Recent Market Change
Over the last year, 1, Ridgewood Close, Newcastle Upon Tyne has seen its estimated sale value move up by £5,428 (1.9%) and its estimated rental value increase by £55 per month (4.3%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
1, Ridgewood Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Feb 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 540 metres of 1, Ridgewood Close, Newcastle Upon Tyne, per the Land Registry and our network of Estate Agents.
The latest, on the 27th July 2017, was 7, Ridgewood Gardens, Newcastle Upon Tyne, NE3 1SB, a freehold house which sold for £230,000.
Read more about house prices in NE3.
- Sold Jul 2017£230,000 | 3 Bed HouseRidgewood Gardens7, Ridgewood Gardens, Newcastle Upon Tyne, NE3 1SB
- Sold Aug 2015£208,000 | 3 Bed HouseRidgewood Gardens11, Ridgewood Gardens, Newcastle Upon Tyne, NE3 1SB
- Sold May 2008£195,000 | 4 Bed HouseRidgewood Gardens9, Ridgewood Gardens, Newcastle Upon Tyne, NE3 1SB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 7 addresses on Ridgewood Close, Newcastle Upon Tyne, NE3, 1, Ridgewood Close, Newcastle Upon Tyne comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £6k less expensive than the average property across the NE3 district.
More reading links
Schools Nearby
- 400mArchbishop Runcie CofE First School
- 700mSouth Gosforth First School
- 1.4kmSt Oswald's Catholic Primary School, Gosforth
- 600mSt Mary's Catholic School
- 1.4kmGosforth Academy
- 1.7kmJesmond Park Academy
More reading links
Public Transport Nearby
From 1, Ridgewood Close, Newcastle Upon Tyne, the nearest station is Manors, 3.9 kilometres away.
- 3.9kmManors
- 4.5kmNewcastle
- 6.0kmNorthumberland Park (Tyne & Wear)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
