51 Silvermere Drive

    51, SILVERMERE DRIVE, RYTON, NE40 3HA

    This semi-detached leasehold property on Silvermere Drive last sold in August 2020 for £110,000. Based on price growth in the NE40 district since then, its estimated current value is £126,231 — placing it in the 8th percentile nationally and the 23rd percentile within NE40. The property covers 56 m² (603 sq ft), giving an estimated value of £2,254 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    56 m²

    (603 sq ft)

    Last Sale Price

    £110,000

    Aug 2020

    Estimated Valuation

    £126,231

    Est. £/m²

    £2,254/m²

    £209/sq ft

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area56 m² (603 sq ft)
    EPC dateJan 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Aug 2020

    £110,000

    12 May 2006

    £125,000

    27 Jun 2003

    £90,000

    8 May 1998

    £51,000

    4 Sept 1995

    £40,500

    Key Metrics

    Estimated valuation£126,231
    Value per m² / sq ft£2,254/m² (£209/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE40 district percentile23rd percentile
    National percentile8th 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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