2 Ricklees Stables, Rowlands Gill
2 Ricklees Stables, Rowlands Gill
Description & Estimates
2 Ricklees Stables, Rowlands Gill is recorded publicly as a modern freehold house across 1,237 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2 Ricklees Stables, Rowlands Gill is £437,798 and its rental estimate is £1,701 per month, given the available information and assuming reasonable condition.
High Spen, Rowlands Gill, NE39 falls within the NE39 postal district, in the borough of Gateshead.
Our Data Sources
2 Ricklees Stables, Rowlands Gill has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2 Ricklees Stables, Rowlands Gill, we estimate a market value of £459,688 and a rental value of £1,786 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £407,152 and £1,582 per month respectively.
Recent Market Change
Over the last year, 2 Ricklees Stables, Rowlands Gill has seen its estimated sale value fall by £6,069 (1.4%) and its estimated rental value move up by £25 per month (1.5%). This results in an estimated gross rental yield of 4.7%.
Energy Efficiency
2 Ricklees Stables, Rowlands Gill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 May 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, LPG.
Sold Prices
The most recent sale of 2 Ricklees Stables, Rowlands Gill completed on 29th June 2021 at £350,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 27.2% over the period since June 2021.
- Sold Jun 2021£350,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 2 Ricklees Stables, Rowlands Gill has sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th July 2022, was 1 Ricklees Stables, Rowlands Gill, NE39 2EU, a freehold house which sold for £435,000.
Read more about house prices in NE39.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 34 addresses on High Spen, Rowlands Gill, NE39, 2 Ricklees Stables, Rowlands Gill comes out as the 22nd largest and the 9th most expensive in our analysis of the public data.
It is also £252k more expensive than the average property across the NE39 district.
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Schools Nearby
- 1.1kmGreenside Primary School
- 1.5kmHigh Spen Primary School
- 2.3kmSt Agnes' Catholic Primary School, Crawcrook
- 3.3kmThorp Academy
- 4.3kmSt Thomas More Catholic School, Blaydon
- 4.6kmPrudhoe Community High School
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Public Transport Nearby
From 2 Ricklees Stables, Rowlands Gill, the nearest station is Wylam, 4.1 kilometres away.
- 4.1kmWylam
- 5.1kmBlaydon
- 5.9kmPrudhoe
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
