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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
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3 The Old Co-Op, East View, Ryton is recorded publicly as a period leasehold apartment across 635 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 3 The Old Co-Op, East View, Ryton is £127,905 and its rental estimate is £637 per month, given the available information and assuming reasonable condition.
3, East View is a residential building on East View, Clara Vale, Ryton, NE40 and falls within the NE40 postal district and the borough of Gateshead.
3 The Old Co-Op, East View, Ryton has a single entry in the Land Registry from January 2019 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3 The Old Co-Op, East View, Ryton, we estimate a market value of £134,301 and a rental value of £669 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £118,952 and £593 per month respectively.
Over the last year, 3 The Old Co-Op, East View, Ryton has seen its estimated sale value rise by £33 (0.0%) and its estimated rental value move up by £13 per month (2.1%). This results in an estimated gross rental yield of 6.0%.
3 The Old Co-Op, East View, Ryton has an Energy Performance Rating (EPC) of B. 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.
The most recent sale of 3 The Old Co-Op, East View, Ryton completed on 11th January 2019 at £110,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 5.0% over the period since January 2019.
Over the past 2 years 3 properties similar to 3 The Old Co-Op, East View, Ryton have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd June 2023, was 1 The Old Co-Op, East View, Ryton, NE40 3BF, a leasehold flat which sold for £143,500.
Read more about house prices in NE40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 22 addresses on East View, Clara Vale, Ryton, NE40, 3 The Old Co-Op, East View, Ryton comes out as the 20th largest and the 20th most expensive in our analysis of the public data.
It is also £114k less expensive than the average property across the NE40 district.
From 3 The Old Co-Op, East View, Ryton, the nearest station is Wylam, 1.5 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 3 The Old Co-Op, East View, Ryton, 48.0% of property is privately owned outright and 38.4% is privately owned with a mortgage.
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 3 The Old Co-Op, East View, Ryton, 18.1% of residents are recorded as possessing school level qualifications and 58.9% 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 3 The Old Co-Op, East View, Ryton, the average age was 44.8 and the most common age was 57.
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 3 The Old Co-Op, East View, Ryton, 0.0% 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 3 The Old Co-Op, East View, Ryton, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
