1, Ferndene Grove
1, Ferndene Grove
Description & Estimates
According to the public record, 1, Ferndene Grove, Ryton is a mid-century apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Ferndene Grove, Ryton is £74,570 and the estimated rental value is £469 per month.
Ferndene Grove, Ryton, NE40 is located in the borough of Gateshead within the NE40 postal district.
Our Data Sources
1, Ferndene Grove, Ryton has no records in the the Land Registry and a single entry in the EPC database dated November 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Ferndene Grove, Ryton is in very good condition we estimate a sale value of £78,299 and a rental value of £492 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £69,351 and a rental value of £436 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Ferndene Grove, Ryton has moved up by £19 (0.0%), while its estimated rental value has increased by £10 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 7.5%.
Energy Efficiency
1, Ferndene Grove, Ryton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Nov 2022.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 820 metres of 1, Ferndene Grove, Ryton over the last 2 years.
The most recent example is Ryton Country House, Olive Court, Ryton, NE40 3BU, a freehold house which sold for £585,000 on the 23rd October 2020.
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
Ferndene Grove, Ryton, NE40 has a total of 8 addresses. According to our analysis of all the public data, 1, Ferndene Grove, Ryton is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in NE40.
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Schools Nearby
- 1.0kmCrookhill Community Primary School
- 1.2kmRyton Community Infant School
- 1.3kmRyton Junior School
- 1.1kmThorp Academy
- 2.5kmWalbottle Academy
- 2.9kmSt Thomas More Catholic School, Blaydon
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Public Transport Nearby
The closest station to 1, Ferndene Grove, Ryton is Blaydon station, which is 3.2 kilometres away.
- 3.2kmBlaydon
- 3.5kmWylam
- 6.3kmMetroCentre
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
