7 Wallace Terrace

    7, WALLACE TERRACE, RYTON, NE40 3PL

    This terraced freehold property on Wallace Terrace last sold in December 2017 for £350,000. Based on price growth in the NE40 district since then, its estimated current value is £389,424 — placing it in the 66th percentile nationally and the 93rd percentile within NE40. The property covers 232 m² (2,497 sq ft), giving an estimated value of £1,679 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    232 m²

    (2,497 sq ft)

    Last Sale Price

    £350,000

    Dec 2017

    Estimated Valuation

    £389,424

    Est. £/m²

    £1,679/m²

    £156/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area232 m² (2,497 sq ft)
    EPC dateJun 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Dec 2017

    £350,000

    27 Apr 1995

    £112,000

    Key Metrics

    Estimated valuation£389,424
    Value per m² / sq ft£1,679/m² (£156/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE40 district percentile93rd percentile
    National percentile66th 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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