47 Reid Park Road

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

    This semi-detached freehold property on Reid Park Road last sold in August 2019 for £641,000. Based on price growth in the NE2 district since then, its estimated current value is £900,953 — placing it in the 95th percentile nationally and the 94th percentile within NE2. The property covers 132 m² (1,421 sq ft), giving an estimated value of £6,825 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,421 sq ft

    132 m²

    Last Sale Price

    £641,000

    Aug 2019

    Estimated Valuation

    £900,953

    Est. £/sq ft

    £634/sq ft

    £6,825/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,421 sq ft (132 m²)
    EPC dateJun 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Aug 2019

    £641,000

    1 Jul 2002

    £330,000

    Key Metrics

    Estimated valuation£900,953
    Value per sq ft / m²£634/sq ft (£6,825/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile94th percentile
    National percentile95th 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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