8 Fernlea Gardens

    8, FERNLEA GARDENS, RYTON, NE40 4XJ

    This semi-detached leasehold property on Fernlea Gardens last sold in June 2014 for £142,500. Based on price growth in the NE40 district since then, its estimated current value is £219,530 — placing it in the 29th percentile nationally and the 63rd percentile within NE40. The property covers 58 m² (624 sq ft), giving an estimated value of £3,785 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    58 m²

    (624 sq ft)

    Last Sale Price

    £142,500

    Jun 2014

    Estimated Valuation

    £219,530

    Est. £/m²

    £3,785/m²

    £352/sq ft

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area58 m² (624 sq ft)
    EPC dateMar 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Jun 2014

    £142,500

    21 Jun 1995

    £59,950

    Key Metrics

    Estimated valuation£219,530
    Value per m² / sq ft£3,785/m² (£352/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE40 district percentile63rd percentile
    National percentile29th 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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