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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
The public record describes Tower Lodge, Ryton as a period house with 532 ft2 of internal area, sitting on a 267 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
Tower Lodge, Ryton has an estimated sale value of £222,716 and an estimated rental value of £946 per month, assuming reasonable condition and based on the information available.
Wallace Terrace, Ryton, NE40 lies in the borough of Gateshead, within the NE40 postal district.
Tower Lodge, Ryton has no records in the the Land Registry and a single entry in the EPC database dated August 2011.
We combine this information with public data 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.
In very good condition, we estimate Tower Lodge, Ryton would be worth £233,851, with a potential rental value of £993 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £207,125, with a rental value of £880 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Tower Lodge, Ryton has increased by £5,472 (2.5%) over the last year. During the same period, its estimated monthly rental value has grown by £39 (4.1%). The property's estimated gross yield is currently 5.1%.
Tower Lodge, Ryton occupies a 267 m2 plot as recorded by HM Land Registry.
Of the 16 other houses in this postcode, 14 have recorded plot sizes, and this one ranks as the largest.
Tower Lodge, Ryton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 700 metres of Tower Lodge, Ryton across the last 2 years.
Most recently, 8, The Meadows, Ryton, NE40 3SB, a leasehold house, sold at £215,000 on the 1st December 2022.
Read more about house prices in NE40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Tower Lodge, Ryton as the 16th largest and the 16th most expensive of the 16 addresses on Wallace Terrace, Ryton, NE40.
Against the NE40 postcode district average, it is £19k less expensive than the typical property.
Blaydon station is the nearest stop to Tower Lodge, Ryton at 3.3 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Tower Lodge, Ryton, 39.5% of property is privately owned outright and 38.7% 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 Tower Lodge, Ryton, 20.6% of residents are recorded as possessing school level qualifications and 35.9% 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 Tower Lodge, 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 Tower Lodge, 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 Tower Lodge, Ryton, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.
