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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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As updated by Kirsty Hodgson- Bespoke Estate Agents - EXP in October 2024, 3, Greenacres Close, Ryton is a mid-century leasehold apartment with 355 ft2 of internal area comprising 1 bedroom.
The property has 50 years remaining on the lease.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Greenacres Close, Ryton is £47,220 and the estimated rental value is £298 per month.
Greenacres Close, Ryton, NE40 is located in the borough of Gateshead within the NE40 postal district.
3, Greenacres Close, Ryton has been updated by Kirsty Hodgson- Bespoke Estate Agents - EXP. This data along with public information allows us to provide estimates for both this and neighbouring properties.
The local information is scored as 3 out of 5 and is considered of medium 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 3, Greenacres Close, Ryton is in very good condition we estimate a sale value of £49,581 and a rental value of £313 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £43,914 and a rental value of £277 per month.
Over the last 12 months the sale value of 3 Greenacres Close Ryton has decreased by an estimated £293 (0.6%) and its rental value has increased by an estimated £5 per month (1.6%), giving an expected gross yield of 7.6%.
3, Greenacres Close, Ryton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to Kirsty Hodgson- Bespoke Estate Agents - EXP and HM Land Registry, 3, Greenacres Close, Ryton was last sold on 2nd October 2024 for £46,500 and was recorded as a leasehold flat.
The selling agent was Kirsty Hodgson- Bespoke Estate Agents - EXP. The property has had 4 sales since 1995.
Since October 2024, the market for similar properties has risen 28.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 3, Greenacres Close, Ryton within a radius of 630 metres over the last 2 years.
The most recent example is 2, Greenacres Close, Ryton, NE40 4TD, a leasehold flat which sold for £48,500 on the 24th January 2025.
Read more about house prices in NE40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Greenacres Close, Ryton, NE40 has a total of 15 addresses. According to our analysis of all the public data, 3, Greenacres Close, Ryton is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £195k less expensive than the average property in NE40.
The closest station to 3, Greenacres Close, Ryton is Wylam station which is 2.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Greenacres Close, Ryton, 47.6% of property is privately owned outright and 27.8% is privately rented.
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, Greenacres Close, Ryton, 11.7% of residents are recorded as possessing school level qualifications and 32.0% 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 3, Greenacres Close, 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, Greenacres Close, 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, Greenacres Close, Ryton, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
