Reids Cottage Reids Lane

    REIDS COTTAGE, REIDS LANE, SEGHILL, CRAMLINGTON, NE23 7TW

    This detached freehold property on Reids Lane last sold in September 2021 for £309,000. Based on price growth in the NE23 district since then, its estimated current value is £366,699 — placing it in the 62nd percentile nationally and the 91st percentile within NE23. The property covers 216 m² (2,325 sq ft), giving an estimated value of £1,698 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,325 sq ft

    216 m²

    Last Sale Price

    £309,000

    Sept 2021

    Estimated Valuation

    £366,699

    Est. £/sq ft

    £158/sq ft

    £1,698/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area2,325 sq ft (216 m²)
    EPC dateJul 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Sept 2021

    £309,000

    6 Jun 2016

    £258,000

    21 Mar 2014

    £229,000

    25 Nov 2009

    £225,000

    Key Metrics

    Estimated valuation£366,699
    Value per sq ft / m²£158/sq ft (£1,698/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE23 district percentile91st percentile
    National percentile62nd percentile

    District Context — NE23

    NE23 covers Prudhoe, Ryton and surrounding settlements in Tyne and Wear, sitting west of Newcastle in the lower Tyne valley. The area blends suburban residential character with access to both countryside and urban services.

    Average Property Price - NE23

    £205,970

    14

    National percentile

    Average Net Household Income - NE23

    £21,920

    2

    National percentile

    10-Year Annualised Price Growth - NE23

    3.4%

    44

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE23

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