42 Reid Park Road

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

    This terraced freehold property on Reid Park Road last sold in January 2015 for £640,000. Based on price growth in the NE2 district since then, its estimated current value is £788,037 — placing it in the 93rd percentile nationally and the 92nd percentile within NE2. The property covers 213 m² (2,293 sq ft), giving an estimated value of £3,700 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,293 sq ft

    213 m²

    Last Sale Price

    £640,000

    Jan 2015

    Estimated Valuation

    £788,037

    Est. £/sq ft

    £344/sq ft

    £3,700/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area2,293 sq ft (213 m²)
    EPC dateAug 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Jan 2015

    £640,000

    Key Metrics

    Estimated valuation£788,037
    Value per sq ft / m²£344/sq ft (£3,700/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile92nd percentile
    National percentile93rd 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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