38 Mollyfair Close, Ryton, NE40 4UZ is a leasehold flat built between 1976-1982. The property offers approximately 248 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £42,351 , which equates to approximately £171 per square foot. It was last sold on 28 Sep 2018 for £37,500. Since then, the value has increased by £4,851, representing a 12.9% increase, or approximately 1.8% per year.

The current estimated value of £42,351 is:

  • 52.4% lower than the average property price on Mollyfair Close
  • 56.5% lower than the average in the NE40 4UZ postcode area
  • and 80.8% lower than the average price for Ryton as a whole

At the most recent EPC inspection on 1 December 2017, the property was recorded as owner-occupied.

View sold house prices in NE40 4UZ

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
248 sq ft
Tenure
Leasehold
Price (estimate)
£42,351
Price Per sq ft (estimate)
£171
Bedroom Count (estimate)
1 bedroom

EPC Summary

38 Mollyfair Close, Ryton, Gateshead, Tyne And Wear, NE40 4UZ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 1 Dec 2017.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE40 4UZ

34 th / 38
Price Rank
56% lower than average
20 th / 23
Size Rank
49% smaller than average
19 th / 23
Price Per Sq FT Rank
15% lower than average

Compared to other properties in NE40 4UZ , this flat's estimated value ranks 34th out of 38. Based on price per square foot, it ranks 19th out of 23 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 20th out of 23 properties in its postcode area.

Sale History

Today
£42,351
streetscan.co.uk estimate
+13 %
28 Sep 2018
£37,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 269 sq ft
sale price: £35,000
sale date: 11 Dec 2024
rooms: 1
size: 258 sq ft
sale price: £35,500
sale date: 5 Sep 2022
rooms: 1
size: 248 sq ft
sale price: £39,000
sale date: 24 Jun 2022
rooms: 1
size: 258 sq ft
sale price: £35,000
sale date: 17 Sep 2019
rooms: 2
size: 248 sq ft
sale price: £36,750
sale date: 14 Jun 2019

Data Sources

The property at 38 Mollyfair Close, Ryton, Gateshead, Tyne And Wear, NE40 4UZ appears once in the Land Registry records, with the transaction recorded on 28 Sep 2018. It also has a single Energy Performance Certificate (EPC) from 1 Dec 2017. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.