2, Olive Court
2, Olive Court
Description & Estimates
Public records show 2, Olive Court, Ryton to be a modern freehold house with 3,186 ft2 of internal area, sitting on a 583 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
2, Olive Court, Ryton has an estimated sale value of £644,746 and an estimated rental value of £2,177 per month, assuming reasonable condition and based on the information available.
Olive Court, Ryton, NE40 lies in the borough of Gateshead, within the NE40 postal district.
Our Data Sources
2, Olive Court, Ryton has a single entry in the Land Registry from September 2020 and a single entry in the EPC database dated June 2020.
We combine this information with that 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
In very good condition, we estimate 2, Olive Court, Ryton would be worth £676,983, with a potential rental value of £2,286 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £599,614, with a rental value of £2,024 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 2, Olive Court, Ryton has declined by £537 (0.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £36 (1.6%). The property's estimated gross yield is currently 4.1%.
Plot Size
2, Olive Court, Ryton occupies a 583 m2 plot as recorded by HM Land Registry.
All 3 other houses in this postcode have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
2, Olive Court, Ryton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jun 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Olive Court, Ryton last changed hands on 11th September 2020, selling for £500,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 13.6% since September 2020.
- Sold Sep 2020£500,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 800 metres of 2, Olive Court, Ryton across the last 2 years.
Most recently, 7, South Avenue, Ryton, NE40 3LD, a freehold house, sold at £580,000 on the 27th March 2024.
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 2, Olive Court, Ryton as the 2nd largest and the 2nd most expensive of the 3 addresses on Olive Court, Ryton, NE40.
Against the NE40 postcode district average, it is £403k more expensive than the typical property.
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Schools Nearby
- 1.0kmCrookhill Community Primary School
- 1.2kmRyton Community Infant School
- 1.3kmRyton Junior School
- 1.1kmThorp Academy
- 2.6kmWalbottle Academy
- 2.8kmSt Thomas More Catholic School, Blaydon
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Public Transport Nearby
Blaydon station is the nearest stop to 2, Olive Court, Ryton at 3.2 kilometres away.
- 3.2kmBlaydon
- 3.5kmWylam
- 6.2kmMetroCentre
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
