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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, 97, Grayling Way, Ryton is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 945 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 97, Grayling Way, Ryton is £259,204 and the estimated rental value is £1,167 per month.
Grayling Way, Ryton, NE40 is located in the borough of Gateshead within the NE40 postal district.
97, Grayling Way, Ryton has a single entry in the Land Registry from October 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 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 97, Grayling Way, Ryton is in very good condition we estimate a sale value of £272,164 and a rental value of £1,225 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,060 and a rental value of £1,085 per month.
Over the last 12 months the sale value of 97 Grayling Way Ryton has increased by an estimated £5,306 (2.0%) and its rental value has increased by an estimated £52 per month (4.5%), giving an expected gross yield of 5.4%.
According to HM Land Registry, 97, Grayling Way, Ryton was last sold on 30th October 2023 for £239,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2023, the market for similar properties has dropped 20.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 97, Grayling Way, Ryton within a radius of 780 metres over the last 2 years.
The most recent example is 99, Grayling Way, Ryton, NE40 3DA, a freehold house which sold for £239,950 on the 31st October 2023.
Read more about house prices in NE40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grayling Way, Ryton, NE40 has a total of 136 addresses. According to our analysis of all the public data, 97, Grayling Way, Ryton is the 110th largest and the 106th most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in NE40.
The closest station to 97, Grayling Way, Ryton is Blaydon station which is 3.1 kilometres away.
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 97, Grayling Way, Ryton, 56.7% of property is privately owned outright and 36.2% 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 97, Grayling Way, Ryton, 19.0% of residents are recorded as possessing school level qualifications and 39.0% 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 97, Grayling Way, 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 97, Grayling Way, 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 97, Grayling Way, Ryton, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
