9 Reid Park Close

    9, REID PARK CLOSE, NEWCASTLE UPON TYNE, NE2 2EZ

    This detached freehold property on Reid Park Close last sold in February 2024 for £815,000. Based on price growth in the NE2 district since then, its estimated current value is £684,672 — placing it in the 90th percentile nationally and the 89th percentile within NE2. The property covers 169 m² (1,819 sq ft), giving an estimated value of £4,051 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,819 sq ft

    169 m²

    Last Sale Price

    £815,000

    Feb 2024

    Estimated Valuation

    £684,672

    Est. £/sq ft

    £376/sq ft

    £4,051/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,819 sq ft (169 m²)
    EPC dateAug 2023
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Feb 2024

    £815,000

    Key Metrics

    Estimated valuation£684,672
    Value per sq ft / m²£376/sq ft (£4,051/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile89th percentile
    National percentile90th 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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