29 Silvermere Drive

    29, SILVERMERE DRIVE, RYTON, NE40 3HA

    This terraced leasehold property on Silvermere Drive last sold in May 2018 for £76,500. Based on price growth in the NE40 district since then, its estimated current value is £92,110 — placing it in the 3rd percentile nationally and the 7th percentile within NE40. The property covers 38 m² (409 sq ft), giving an estimated value of £2,424 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    38 m²

    (409 sq ft)

    Last Sale Price

    £76,500

    May 2018

    Estimated Valuation

    £92,110

    Est. £/m²

    £2,424/m²

    £225/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialA
    Floor area38 m² (409 sq ft)
    EPC dateApr 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    15 May 2018

    £76,500

    4 Apr 2008

    £85,500

    22 Oct 2004

    £81,000

    7 Jan 2004

    £72,000

    18 Jul 2003

    £60,000

    1 Sept 2000

    £37,950

    Key Metrics

    Estimated valuation£92,110
    Value per m² / sq ft£2,424/m² (£225/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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