1 Thorp Drive

    1, THORP DRIVE, RYTON, NE40 3PA

    This detached leasehold property on Thorp Drive last sold in July 2020 for £220,000. Based on price growth in the NE40 district since then, its estimated current value is £272,313 — placing it in the 43rd percentile nationally and the 76th percentile within NE40. The property covers 61 m² (657 sq ft), giving an estimated value of £4,464 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    61 m²

    (657 sq ft)

    Last Sale Price

    £220,000

    Jul 2020

    Estimated Valuation

    £272,313

    Est. £/m²

    £4,464/m²

    £415/sq ft

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area61 m² (657 sq ft)
    EPC dateFeb 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Jul 2020

    £220,000

    Key Metrics

    Estimated valuation£272,313
    Value per m² / sq ft£4,464/m² (£415/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE40 district percentile76th percentile
    National percentile43rd 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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