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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 29, Silvermere Drive, Ryton is a modern leasehold house with 409 ft2 of internal area and sits on a 29.9 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 29, Silvermere Drive, Ryton is £109,678 and the estimated rental value is £724 per month.
Silvermere Drive, Ryton, NE40 is located in the borough of Gateshead within the NE40 postal district.
29, Silvermere Drive, Ryton has 61 entries in the Land Registry , most recently in May 2018 and a single entry in the EPC database dated April 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 29, Silvermere Drive, Ryton is in very good condition we estimate a sale value of £115,162 and a rental value of £760 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,001 and a rental value of £673 per month.
Over the last 12 months the sale value of 29 Silvermere Drive Ryton has increased by an estimated £3,453 (3.1%) and its rental value has increased by an estimated £40 per month (5.5%), giving an expected gross yield of 7.9%.
According to data from HM Land Registry, 29, Silvermere Drive, Ryton sits on a plot of 30m2.
We have plot size data on 68 out of 68 other houses in the postcode and 29, Silvermere Drive, Ryton sits on the 66th largest plot.
29, Silvermere Drive, Ryton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Apr 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 29, Silvermere Drive, Ryton was last sold on 15th May 2018 for £76,500 and was recorded as a leasehold house.
The property has had 6 sales since 1995.
Since May 2018, the market for similar properties has risen 40.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Silvermere Drive, Ryton within a radius of 600 metres over the last 2 years.
The most recent example is 30, Silvermere Drive, Ryton, NE40 3HA, a leasehold house which sold for £76,000 on the 9th May 2023.
Read more about house prices in NE40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Silvermere Drive, Ryton, NE40 has a total of 68 addresses. According to our analysis of all the public data, 29, Silvermere Drive, Ryton is the 62nd largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in NE40.
The closest station to 29, Silvermere Drive, Ryton is Blaydon station which is 2.6 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 29, Silvermere Drive, Ryton, 41.9% of property is privately owned with a mortgage and 39.5% is privately owned outright.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 29, Silvermere Drive, Ryton, 18.1% of residents are recorded as possessing school level qualifications and 34.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 29, Silvermere Drive, Ryton, the average age was 43.2 and the most common age was 52.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 29, Silvermere Drive, Ryton, 2.6% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 29, Silvermere Drive, Ryton, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
