Rydal Market Lane

    RYDAL, MARKET LANE, SWALWELL, NEWCASTLE UPON TYNE, NE16 3EQ

    This semi-detached freehold property on Market Lane last sold in April 2019 for £142,500. Based on price growth in the NE16 district since then, its estimated current value is £175,058 — placing it in the 18th percentile nationally and the 39th percentile within NE16. The property covers 92 m² (990 sq ft), giving an estimated value of £1,903 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £142,500

    Apr 2019

    Estimated Valuation

    £175,058

    Est. £/sq ft

    £177/sq ft

    £1,903/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area990 sq ft (92 m²)
    EPC dateJan 2019
    WallsCavity wall, filled cavity
    HeatingRoom heaters, mains gas

    Transaction History

    26 Apr 2019

    £142,500

    Key Metrics

    Estimated valuation£175,058
    Value per sq ft / m²£177/sq ft (£1,903/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE16 district percentile39th percentile
    National percentile18th percentile

    District Context — NE16

    NE16 covers the areas south and west of Gateshead, including Whickham, Ryton and Crawcrook, sitting between the Tyne Valley and the northern suburbs of the conurbation. It is a relatively affluent, established residential district with strong owner-occupation and a mature demographic profile.

    Average Property Price - NE16

    £225,305

    20

    National percentile

    Average Net Household Income - NE16

    £37,049

    44

    National percentile

    10-Year Annualised Price Growth - NE16

    2.7%

    19

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE16

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