5 Wallace Terrace

    5, WALLACE TERRACE, RYTON, NE40 3PL

    This terraced freehold property on Wallace Terrace last sold in July 2016 for £290,000. Based on price growth in the NE40 district since then, its estimated current value is £333,953 — placing it in the 56th percentile nationally and the 86th percentile within NE40. The property covers 171 m² (1,841 sq ft), giving an estimated value of £1,953 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    171 m²

    (1,841 sq ft)

    Last Sale Price

    £290,000

    Jul 2016

    Estimated Valuation

    £333,953

    Est. £/m²

    £1,953/m²

    £181/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area171 m² (1,841 sq ft)
    EPC dateFeb 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Jul 2016

    £290,000

    28 Oct 1998

    £138,500

    Key Metrics

    Estimated valuation£333,953
    Value per m² / sq ft£1,953/m² (£181/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE40 district percentile86th percentile
    National percentile56th 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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