16, Ridley Terrace
16, Ridley Terrace
Description & Estimates
According to the public record, 16, Ridley Terrace, Gateshead is a period apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Ridley Terrace, Gateshead is £47,905 and the estimated rental value is £393 per month.
Ridley Terrace, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
Our Data Sources
16, Ridley Terrace, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated April 2015.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, Ridley Terrace, Gateshead is in very good condition we estimate a sale value of £50,300 and a rental value of £413 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £44,552 and a rental value of £365 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16, Ridley Terrace, Gateshead has risen by £223 (0.5%), while its estimated rental value has moved up by £12 per month (3.1%). Based on current estimates, the property offers a gross rental yield of 9.8%.
Energy Efficiency
16, Ridley Terrace, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Apr 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Ridley Terrace, Gateshead within a radius of 700 metres over the last 2 years.
The most recent example is 3, Ridley Terrace, Gateshead, NE10 0NQ, a leasehold flat which sold for £39,999 on the 14th July 2023.
Read more about house prices in NE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Ridley Terrace, Gateshead, NE10 has a total of 68 addresses. According to our analysis of all the public data, 16, Ridley Terrace, Gateshead is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £114k less expensive than the average property in NE10.
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Schools Nearby
- 100mThe Drive Community Primary School
- 700mBrandling Primary School
- 1.0kmSt Alban's Catholic Primary School, Pelaw
- 600mHeworth Grange School
- 900mXP Gateshead
- 2.0kmCardinal Hume Catholic School, Gateshead
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Public Transport Nearby
The closest station to 16, Ridley Terrace, Gateshead is Heworth station, which is 200 metres away.
- 200mHeworth
- 3.8kmManors
- 4.2kmNewcastle
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
