8 Iris Terrace

    8, IRIS TERRACE, RYTON, NE40 4UD

    This terraced freehold property on Iris Terrace last sold in February 2014 for £60,000. Based on price growth in the NE40 district since then, its estimated current value is £72,526 — placing it in the 1st percentile nationally and the 3rd percentile within NE40. The property covers 78 m² (840 sq ft), giving an estimated value of £930 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    78 m²

    (840 sq ft)

    Last Sale Price

    £60,000

    Feb 2014

    Estimated Valuation

    £72,526

    Est. £/m²

    £930/m²

    £86/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area78 m² (840 sq ft)
    EPC dateMay 2012
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Feb 2014

    £60,000

    Key Metrics

    Estimated valuation£72,526
    Value per m² / sq ft£930/m² (£86/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE40 district percentile3rd percentile
    National percentile1st 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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