34 Reid Park Road

    34, REID PARK ROAD, NEWCASTLE UPON TYNE, NE2 2ES

    This semi-detached freehold property on Reid Park Road last sold in August 2012 for £490,000. Based on price growth in the NE2 district since then, its estimated current value is £977,745 — placing it in the 96th percentile nationally and the 95th percentile within NE2. The property covers 178 m² (1,916 sq ft), giving an estimated value of £5,493 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,916 sq ft

    178 m²

    Last Sale Price

    £490,000

    Aug 2012

    Estimated Valuation

    £977,745

    Est. £/sq ft

    £510/sq ft

    £5,493/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area1,916 sq ft (178 m²)
    EPC dateMay 2012
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    1 Aug 2012

    £490,000

    Key Metrics

    Estimated valuation£977,745
    Value per sq ft / m²£510/sq ft (£5,493/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile95th 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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