Ryton

Area Guide For Ryton

Ryton is a semi-provincial residential area close to the western outskirt of Tyne and Wear, England. Once a free town in County Durham it got to be consolidated into the metropolitan area of Tyne and Wear and the Metropolitan Borough of Gateshead in 1974. It has a populace of 15,742.

A moderately wealthy zone of Gateshead, Ryton has encountered suburbanisation as of late and is presently utilized as a worker region for those that work in the more urban territories of Tyneside.

In spite of being a provincial suburb, Ryton remains a dynamic area, with an assortment of neighbourhood enhancements. In the more central part of Ryton these incorporate a Cooperative general store, a Sainsbury's Local store and a determination of free shops, for example, Dominic Pizza's, Coffee Johnny's, a little blessing shop and a shop and a chiropodist, dental practitioner and different hair and excellence salons

 
 

Ryton Map

Estimated Price: £158,157
Average Asking Price: £171,350
Price change in last one year: £3,695
Average Price Paid: £139,967
Average Rent Rates: £519

 
 

Property Prices Breakdown in Ryton

Average Price for property in Ryton is around £158,157 which varies based on type of property you are interested in and ranges from £251,052 for detached house to around £150,789 for semi-detached. Similarly terraced house is around £128,539 and a flat is worth £95,761. Values have been changing and have risen £871 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £587 in last 6 months, £3,695 in last 1 year, £12,125 in last 2 years, £7,274 in last 3 years, £6,448 in last 4 years and £2,458 in last 5 years.

Currently average asking price of a property in Ryton is around £171,350 based on approximately 180 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £519 per month.

Estimated property value in Ryton is £158,157. Average asking price is £171,350 while average price paid is £134,702 which is up by £3,695 and Avg. asking rent £519.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Ryton area. In last 1 year alone average price buyer paid is around £134,702 based on approximately 180 sales in Ryton area alone. If you compare it to last 3 years sales of 552 properties where buyers paid around £137,549. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £139,967 for 861 and average amount paid for purchase of approx. 1,119 properties sold in last 7 years comes to about £141,690 per sale.

 
 

Properties For Sale in Ryton

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £90,000, £118,440 for a 2 bedroom house, £175,572 for a 3 bedroom house, £301,402 for a 4 bedroom house and £376,250 for a 5 bedroom house. For a flat similarly the prices varies from £66,975 for a single bedroom to £91,225 for a 2 bedroom Flat. To sum up the asking prices for properties in Ryton it comes to around average £71,580 for 1 bedroom property, £117,113 for 2 bedroom, £175,572 for 3 bedroom, £301,402 for 4 bedroom and £376,250 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £394 for 1 bedroom to £491 for 2 bedroom and £624 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £351. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £498. You should be generally be expecting around average £372 rent per month for single bedroom property, £491 for 2 bedroom and approximately £624 for 3 bedroom property in Ryton area.

Popular Houses in Ryton

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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