41 Reid Park Road

    41, REID PARK ROAD, NEWCASTLE UPON TYNE, NE2 2ER

    This semi-detached freehold property on Reid Park Road last sold in September 2019 for £760,000. Based on price growth in the NE2 district since then, its estimated current value is £1,068,213 — placing it in the 96th percentile nationally and the 96th percentile within NE2. The property covers 264 m² (2,842 sq ft), giving an estimated value of £4,046 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    2,842 sq ft

    264 m²

    Last Sale Price

    £760,000

    Sept 2019

    Estimated Valuation

    £1,068,213

    Est. £/sq ft

    £376/sq ft

    £4,046/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,842 sq ft (264 m²)
    EPC dateMay 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Sept 2019

    £760,000

    6 May 2014

    £499,950

    Key Metrics

    Estimated valuation£1,068,213
    Value per sq ft / m²£376/sq ft (£4,046/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile96th percentile
    National percentile96th 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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