16 Reid Park Court

    16, REID PARK COURT, NEWCASTLE UPON TYNE, NE2 2EP

    This detached freehold property on Reid Park Court last sold in April 2018 for £465,000. Based on price growth in the NE2 district since then, its estimated current value is £575,147 — placing it in the 84th percentile nationally and the 84th percentile within NE2. The property covers 140 m² (1,507 sq ft), giving an estimated value of £4,108 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,507 sq ft

    140 m²

    Last Sale Price

    £465,000

    Apr 2018

    Estimated Valuation

    £575,147

    Est. £/sq ft

    £382/sq ft

    £4,108/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,507 sq ft (140 m²)
    EPC dateSept 2016
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Apr 2018

    £465,000

    31 Jan 2002

    £249,950

    10 Jul 1998

    £120,000

    Key Metrics

    Estimated valuation£575,147
    Value per sq ft / m²£382/sq ft (£4,108/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile84th percentile
    National percentile84th percentile

    District Context — NE2

    NE2 covers central Newcastle upon Tyne, including the city centre and surrounding urban neighbourhoods. It is characterised by a young, student-dominated population within a vibrant urban setting with strong rental demand.

    Average Property Price - NE2

    £361,932

    59

    National percentile

    Average Net Household Income - NE2

    £28,827

    6

    National percentile

    10-Year Annualised Price Growth - NE2

    2.6%

    18

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE2

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