Lorraine Cottage Lead Road

    LORRAINE COTTAGE, LEAD ROAD, GREENSIDE, RYTON, NE40 4BS

    This flat/maisonette leasehold property on Lead Road last sold in March 2021 for £45,000. Based on price growth in the NE40 district since then, its estimated current value is £39,058 — placing it in the 0th percentile nationally and the 0th percentile within NE40. The property covers 53 m² (570 sq ft), giving an estimated value of £737 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    53 m²

    (570 sq ft)

    Last Sale Price

    £45,000

    Mar 2021

    Estimated Valuation

    £39,058

    Est. £/m²

    £737/m²

    £68/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area53 m² (570 sq ft)
    EPC dateDec 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2021

    £45,000

    14 May 2007

    £90,000

    31 Jul 1997

    £33,499

    Key Metrics

    Estimated valuation£39,058
    Value per m² / sq ft£737/m² (£68/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE40 district percentile0th percentile
    National percentile0th 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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