2 Reedside

    2, REEDSIDE, RYTON, NE40 3DB

    This detached freehold property on Reedside last sold in May 2024 for £410,000. Based on price growth in the NE40 district since then, its estimated current value is £450,390 — placing it in the 74th percentile nationally and the 97th percentile within NE40. The property covers 136 m² (1,464 sq ft), giving an estimated value of £3,312 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    136 m²

    (1,464 sq ft)

    Last Sale Price

    £410,000

    May 2024

    Estimated Valuation

    £450,390

    Est. £/m²

    £3,312/m²

    £308/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area136 m² (1,464 sq ft)
    EPC dateJan 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 May 2024

    £410,000

    Key Metrics

    Estimated valuation£450,390
    Value per m² / sq ft£3,312/m² (£308/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE40 district percentile97th percentile
    National percentile74th percentile

    District Context — NE40

    NE40 covers areas in the south-west of the North East region, broadly centred on communities between Newcastle and the rural fringes. It is a mix of suburban residential neighbourhoods with moderate affordability and a stable, family-oriented character.

    Average Property Price - NE40

    £197,716

    11

    National percentile

    Average Net Household Income - NE40

    £37,048

    44

    National percentile

    10-Year Annualised Price Growth - NE40

    3.2%

    36

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE40

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