1 The Old Co-Op, East View
1 The Old Co-Op, East View
Description & Estimates
Public records show 1 The Old Co-Op, East View, Ryton to be a period leasehold apartment with 635 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
1 The Old Co-Op, East View, Ryton has an estimated sale value of £127,905 and an estimated rental value of £637 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, East View, Clara Vale, Ryton, NE40.
East View, Clara Vale, Ryton, NE40 lies in the borough of Gateshead, within the NE40 postal district.
Our Data Sources
1 The Old Co-Op, East View, Ryton has 2 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated October 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 1 The Old Co-Op, East View, Ryton would be worth £134,301, with a potential rental value of £669 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £118,952, with a rental value of £593 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1 The Old Co-Op, East View, Ryton has climbed by £33 (0.0%) over the last year. During the same period, its estimated monthly rental value has risen by £13 (2.1%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
1 The Old Co-Op, East View, Ryton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Oct 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
1 The Old Co-Op, East View, Ryton last changed hands on 23rd June 2023, selling for £143,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 6.0% since June 2023.
- Sold Jun 2023£143,500
- Sold Nov 2017£115,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.5 kilometres of 1 The Old Co-Op, East View, Ryton across the last 2 years.
Most recently, 3 The Old Co-Op, East View, Ryton, NE40 3BF, a leasehold flat, sold at £110,000 on the 11th January 2019.
Read more about house prices in NE40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1 The Old Co-Op, East View, Ryton as the 22nd largest and the 22nd most expensive of the 22 addresses on East View, Clara Vale, Ryton, NE40.
Against the NE40 postcode district average, it is £114k less expensive than the typical property.
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Schools Nearby
- 1.1kmRyton Junior School
- 1.2kmEmmaville Primary School
- 1.3kmRyton Community Infant School
- 1.3kmThorp Academy
- 3.8kmWalbottle Academy
- 4.5kmPrudhoe Community High School
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Public Transport Nearby
Wylam station is the nearest stop to 1 The Old Co-Op, East View, Ryton at 1.5 kilometres away.
- 1.5kmWylam
- 4.8kmPrudhoe
- 5.3kmBlaydon
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
