Flat 29 Woodland Mews Reid Park Road

    FLAT 29 WOODLAND MEWS, REID PARK ROAD, NEWCASTLE UPON TYNE, NE2 2ER

    This flat/maisonette leasehold property on Reid Park Road last sold in November 2023 for £150,000. Based on price growth in the NE2 district since then, its estimated current value is £150,514 — placing it in the 13th percentile nationally and the 10th percentile within NE2. The property covers 58 m² (624 sq ft), giving an estimated value of £2,595 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £150,000

    Nov 2023

    Estimated Valuation

    £150,514

    Est. £/sq ft

    £241/sq ft

    £2,595/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateJul 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    1 Nov 2023

    £150,000

    24 Oct 2012

    £151,000

    31 Mar 2006

    £149,950

    Key Metrics

    Estimated valuation£150,514
    Value per sq ft / m²£241/sq ft (£2,595/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile10th percentile
    National percentile13th 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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