2 Wallace Terrace

    2, WALLACE TERRACE, RYTON, NE40 3PL

    This terraced freehold property on Wallace Terrace last sold in October 2010 for £292,000. Based on price growth in the NE40 district since then, its estimated current value is £378,146 — placing it in the 64th percentile nationally and the 92nd percentile within NE40. The property covers 162 m² (1,744 sq ft), giving an estimated value of £2,334 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    162 m²

    (1,744 sq ft)

    Last Sale Price

    £292,000

    Oct 2010

    Estimated Valuation

    £378,146

    Est. £/m²

    £2,334/m²

    £217/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area162 m² (1,744 sq ft)
    EPC dateMay 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Oct 2010

    £292,000

    20 Jan 1995

    £64,000

    Key Metrics

    Estimated valuation£378,146
    Value per m² / sq ft£2,334/m² (£217/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE40 district percentile92nd percentile
    National percentile64th 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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