2 Reid Park Court

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

    This detached freehold property on Reid Park Court last sold in July 2003 for £380,000. Based on price growth in the NE2 district since then, its estimated current value is £1,477,525 — placing it in the 98th percentile nationally and the 99th percentile within NE2. The property covers 135 m² (1,453 sq ft), giving an estimated value of £10,945 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,453 sq ft

    135 m²

    Last Sale Price

    £380,000

    Jul 2003

    Estimated Valuation

    £1,477,525

    Est. £/sq ft

    £1,017/sq ft

    £10,945/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,453 sq ft (135 m²)
    EPC dateApr 2012
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Jul 2003

    £380,000

    22 Aug 1997

    £180,000

    Key Metrics

    Estimated valuation£1,477,525
    Value per sq ft / m²£1,017/sq ft (£10,945/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile99th percentile
    National percentile98th 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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