Housing Market Analysis for REID PARK CLOSE, NE2 2EZ

Are you looking to understand NE2 2EZ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Newcastle upon Tyne postcode.

For the location information and nearby amenities in the NE2 2EZ area, explore the NE2 2EZ Area information page.
For comprehensive crime statistics in the NE2 2EZ area, explore the NE2 2EZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE2 2EZ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £480,667 median price is £500,000 Standard Deviation is £281,207 with Total Sold: 3
    • The Last 5 Year average price is £815,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 9 REID PARK CLOSE: £815,000 (Sold on 27 Feb 2024)
    • The first recorded sale happened at this postcode is 11 REID PARK CLOSE: £127,000 (Sold on 09 Jan 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE2 2EZ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£815,000 £4,822 1
2015£500,000 £2,717 1
1996£127,0001

All the Sales in the REID PARK CLOSE, NE2 2EZ

See the table below for more details on the sold house prices in the NE2 2EZ, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
9 REID PARK CLOSEDetached, FreeholdArea: 169 Sq.mtrAge: 1976-198227 Feb 2024£815,000First Sale
1 REID PARK CLOSEDetached, FreeholdArea: 184 Sq.mtrAge: 1967-197506 Mar 2015£500,000First Sale
11 REID PARK CLOSEDetached, Freehold09 Jan 1996£127,000First Sale

Check out the sold house prices near the NE2 2EZ postcode. Properties currently for saleProperties currently for rent

REID PARK CLOSE, NE2 2EZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE2 2EZ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NE2 2EZ postcode.

  • Flat
    • The average price is around £149,626 median price is £142,500 Standard Deviation is £127,263 with Total Sold: 2,823
    • The Last 5 Year average price is £240,896 with Total Sold: 370
    • The most recent sale happened at this postcode is , 49A OSBORNE ROAD: £267,000 (Sold on 03 Sep 2024)
    • The first recorded sale happened at this postcode is , 36A HOLLY AVENUE: £45,500 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £341,397 median price is £292,500 Standard Deviation is £244,151 with Total Sold: 427
    • The Last 5 Year average price is £608,087 with Total Sold: 58
    • The most recent sale happened at this postcode is , 104 HOLLY AVENUE: £510,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 25 LARKSPUR TERRACE: £110,000 (Sold on 21 Feb 1995)
  • Terraced
    • The average price is around £281,083 median price is £255,000 Standard Deviation is £213,582 with Total Sold: 1,421
    • The Last 5 Year average price is £505,732 with Total Sold: 183
    • The most recent sale happened at this postcode is , 48 LARKSPUR TERRACE: £576,000 (Sold on 10 Jul 2024)
    • The first recorded sale happened at this postcode is , 97 FERN AVENUE: £91,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £650,179 median price is £500,000 Standard Deviation is £689,672 with Total Sold: 246
    • The Last 5 Year average price is £1,108,374 with Total Sold: 46
    • The most recent sale happened at this postcode is 7, GROSVENOR VILLAS GROSVENOR ROAD: £1,200,000 (Sold on 13 May 2024)
    • The first recorded sale happened at this postcode is , 23 REID PARK ROAD: £278,000 (Sold on 08 Feb 1995)
  • Other
    • The average price is around £746,147 median price is £261,150 Standard Deviation is £1,486,588 with Total Sold: 117
    • The Last 5 Year average price is £579,684 with Total Sold: 66
    • The most recent sale happened at this postcode is , 3 WEST JESMOND AVENUE: £355,000 (Sold on 27 Mar 2024)
    • The first recorded sale happened at this postcode is , 45 - 47 SANDERSON ROAD: £1,450,000 (Sold on 30 Aug 2013)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£230,939 £2,928 23
2023£213,533 £2,967 54
2022£231,063 £3,011 67
2021£312,961 £3,811 102
2020£197,224 £2,639 53
2019£203,282 £2,733 71
2018£201,754 £2,453 74
2017£183,444 £2,433 101
2016£198,341 £2,717 78
2015£200,240 £2,521 95
2014£177,973 £2,495 78
2013£161,478 £2,127 51
2012£171,762 £2,279 45
2011£170,926 £2,172 45
2010£182,315 £2,550 41
2009£177,751 £2,156 48
2008£174,363 £2,253 64
2007£183,102 £2,574 114
2006£179,636 £2,406 124
2005£170,896 £2,248 115
2004£173,997 £2,267 127
2003£163,233 £2,263 138
2002£149,270 £1,810 155
2001£109,264 £1,381 150
2000£82,617 £1,008 140
1999£72,928 £976 132
1998£67,907 £896 140
1997£61,947 £741 157
1996£55,677 £709 145
1995£53,719 £660 96
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£659,167 £3,069 6
2023£617,750 £4,126 10
2022£676,819 £3,593 8
2021£567,804 £3,240 14
2020£657,932 £3,490 11
2019£503,944 £3,123 9
2018£423,205 £2,921 10
2017£506,252 £2,649 13
2016£557,114 £2,932 11
2015£470,925 £3,045 10
2014£449,320 £2,406 11
2013£452,188 £2,722 7
2012£358,006 £2,530 6
2011£508,333 £2,781 6
2010£419,700 £2,552 5
2009£323,875 £2,532 8
2008£582,207 £2,511 11
2007£405,923 £2,214 13
2006£421,131 £2,056 26
2005£388,125 £2,100 16
2004£380,563 £2,031 20
2003£328,500 £1,939 22
2002£244,978 £1,570 18
2001£201,942 £1,331 18
2000£209,368 £1,453 14
1999£153,649 £988 26
1998£127,144 £746 30
1997£133,979 £817 29
1996£120,545 £628 22
1995£109,426 £633 17
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£461,500 £3,040 12
2023£525,688 £3,331 43
2022£535,000 £3,591 28
2021£585,435 £4,371 48
2020£379,675 £2,725 26
2019£440,538 £2,765 26
2018£390,094 £2,547 46
2017£394,912 £2,512 28
2016£378,757 £2,467 29
2015£383,026 £2,417 38
2014£335,978 £2,465 48
2013£360,388 £2,428 24
2012£384,481 £2,345 29
2011£370,365 £2,757 26
2010£342,361 £2,500 35
2009£328,891 £2,363 31
2008£329,194 £2,371 40
2007£334,099 £2,361 58
2006£305,967 £2,140 74
2005£306,000 £2,043 49
2004£289,556 £1,991 49
2003£288,285 £1,951 65
2002£230,786 £1,564 81
2001£186,441 £1,199 81
2000£143,565 £1,035 76
1999£131,710 £865 72
1998£122,478 £846 56
1997£108,362 £679 71
1996£95,329 £617 75
1995£98,178 £609 57
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£890,000 £4,339 4
2023£590,000 £4,281 2
2022£1,897,519 £5,928 11
2021£1,220,938 £4,461 8
2020£724,583 £3,817 12
2019£767,778 £3,404 9
2018£1,193,000 £3,870 7
2017£1,037,500 £3,346 2
2016£728,250 £3,670 8
2015£748,636 £3,626 11
2014£2,120,000 £5,082 3
2013£649,286 £3,528 7
2012£464,200 £3,439 1
2011£1,348,571 £4,794 7
2010£576,667 £3,297 6
2009£538,750 £2,478 4
2008£876,111 £3,351 9
2007£629,369 £3,606 8
2006£813,333 £1,988 3
2005£705,000 £2,808 12
2004£606,857 £3,011 14
2003£408,700 £1,974 15
2002£284,750 £1,265 6
2001£323,707 £1,623 7
2000£266,482 £1,417 14
1999£220,786 £1,012 14
1998£216,812 £1,158 8
1997£212,880 £798 10
1996£206,450 £919 15
1995£205,000 £858 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£272,500 £2,676 2
2023£459,961 £4,204 13
2022£585,781 £2,965 16
2021£1,081,958 £10,053 10
2020£343,594 £2,450 8
2019£517,282 £1,825 17
2018£633,312 £2,876 16
2017£1,435,690 £31,096 19
2016£666,315 £2,770 11
2015£712,375 £20,334 4
2013£1,450,0001

House Type in NE2 2EZ area

The most common house types in the NE2 2EZ postcode area are Detached (53), Semi-detached (26), and Flat (22).

Total106
Detached53
Semi-detached26
Flat22
Terraced4
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (74), and Owned: Owns with a mortgage or loan (20).

Owned: Owns outright74
Owned: Owns with a mortgage or loan20
Private rented: Private landlord or letting agency9
Social rented: Other social rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NE2 2EZ have 1 person in household (45), and 2 people in household (35).

1 person in household45
2 people in household35
4 people in household11
3 people in household9
5 people in household6
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0