22 Silvermere Drive

    22, SILVERMERE DRIVE, RYTON, NE40 3HA

    This terraced leasehold property on Silvermere Drive last sold in September 2019 for £79,500. Based on price growth in the NE40 district since then, its estimated current value is £93,335 — placing it in the 3rd percentile nationally and the 7th percentile within NE40. The property covers 37 m² (398 sq ft), giving an estimated value of £2,523 per m². The EPC rating is D, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    37 m²

    (398 sq ft)

    Last Sale Price

    £79,500

    Sept 2019

    Estimated Valuation

    £93,335

    Est. £/m²

    £2,523/m²

    £234/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialA
    Floor area37 m² (398 sq ft)
    EPC dateMay 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    30 Sept 2019

    £79,500

    4 Sept 2003

    £56,500

    12 Feb 1999

    £35,000

    Key Metrics

    Estimated valuation£93,335
    Value per m² / sq ft£2,523/m² (£234/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE40 district percentile7th percentile
    National percentile3rd percentile

    District Context — NE40

    NE40 covers areas in the south-west of the North East region, broadly centred on communities between Newcastle and the rural fringes. It is a mix of suburban residential neighbourhoods with moderate affordability and a stable, family-oriented character.

    Average Property Price - NE40

    £197,716

    11

    National percentile

    Average Net Household Income - NE40

    £37,048

    44

    National percentile

    10-Year Annualised Price Growth - NE40

    3.2%

    36

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE40

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