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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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According to the public record, 32, Moralee Close, Ryton is a modern freehold house with 721 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 32, Moralee Close, Ryton is £211,398 and the estimated rental value is £1,095 per month.
Moralee Close, Ryton, NE40 is located in the borough of Gateshead within the NE40 postal district.
32, Moralee Close, Ryton has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated November 2021.
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 32, Moralee Close, Ryton is in very good condition we estimate a sale value of £221,968 and a rental value of £1,150 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,600 and a rental value of £1,018 per month.
Over the last 12 months the sale value of 32 Moralee Close Ryton has increased by an estimated £4,328 (2.0%) and its rental value has increased by an estimated £49 per month (4.5%), giving an expected gross yield of 6.2%.
32, Moralee Close, Ryton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 32, Moralee Close, Ryton was last sold on 20th December 2021 for £162,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2021, the market for similar properties has dropped 9.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Moralee Close, Ryton within a radius of 800 metres over the last 2 years.
The most recent example is 34, Moralee Close, Ryton, NE40 4QE, a freehold house which sold for £131,196 on the 10th December 2021.
Read more about house prices in NE40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Moralee Close, Ryton, NE40 has a total of 63 addresses. According to our analysis of all the public data, 32, Moralee Close, Ryton is the 48th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in NE40.
The closest station to 32, Moralee Close, Ryton is Wylam station which is 1.5 kilometres away.
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 32, Moralee Close, Ryton, 45.1% of property is privately owned with a mortgage and 40.5% 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 32, Moralee Close, Ryton, 14.5% of residents are recorded as possessing school level qualifications and 45.7% 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 32, Moralee 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 32, Moralee Close, Ryton, 1.1% 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 32, Moralee Close, Ryton, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
