Be the first Estate
Agent here!
Reed Close is a residential street with 8 addresses.
It ranks as the 211th largest and 733rd most expensive of the 864 streets in the NG24 area. The dominant property type is a modern house built after 1980.
The street contains a total of 8 properties: 8 houses.
Reed Close is a residential street with 8 addresses.
It ranks as the 211th largest and 733rd most expensive of the 864 streets in the NG24 area. The dominant property type is a modern house built after 1980.
The street contains a total of 8 properties: 8 houses.
Sale prices range from £215,243 for 3 bedroom freehold houses with a garden (753 ft2) to £426,945 for 5 bedroom freehold houses with a garden (1,843 ft2) .
Monthly rental prices range from £921 pcm for 3 bed houses to £1,286 pcm for 5 bed houses.
The gross rental yield is between 3.6% and 5.1%.
The average value per square foot is £249.
The last sale on Reed Close sold for £380,000 on 25th February 2022. Since then prices are up an average of 3.2%.
The current average value in the street is £315,283.
The Reed Close Sales Market has increased by 35.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.1% | £315,283 |
| May 2025 | -0.2% | £318,804 |
| May 2024 | -0.2% | £319,557 |
| May 2023 | 2.1% | £320,147 |
| May 2022 | 10.1% | £313,612 |
| May 2021 | 7.9% | £284,958 |
| May 2020 | 0.1% | £264,191 |
| May 2019 | 1.3% | £263,802 |
| May 2018 | 7.2% | £260,369 |
| May 2017 | 4.5% | £242,848 |
| May 2016 | 5% | £232,487 |
| May 2015 | 3.5% | £221,322 |
| May 2014 | 5.4% | £213,789 |
| May 2013 | 2.2% | £202,786 |
| May 2012 | 1.7% | £198,480 |
| May 2011 | -3.1% | £195,179 |
| May 2010 | 5.2% | £201,374 |
| May 2009 | -10.5% | £191,507 |
| May 2008 | -0.7% | £213,870 |
| May 2007 | 0% | £215,447 |
The current average rental value in the street is £1,097.
The Reed Close Rental Market has increased by 46.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.4% | £1,097pcm |
| May 2025 | 3.2% | £1,071pcm |
| May 2024 | 6.1% | £1,038pcm |
| May 2023 | 9.2% | £979pcm |
| May 2022 | 3.8% | £896pcm |
| May 2021 | 4.5% | £863pcm |
| May 2020 | 1.3% | £826pcm |
| May 2019 | 2.9% | £815pcm |
| May 2018 | 1.6% | £792pcm |
| May 2017 | 3.7% | £779pcm |
| May 2016 | 5.3% | £751pcm |
| May 2015 | 0.2% | £714pcm |
| May 2014 | 2.7% | £713pcm |
| May 2013 | 0.9% | £694pcm |
| May 2012 | 2.7% | £688pcm |
| May 2011 | 0.5% | £670pcm |
| May 2010 | 2.2% | £667pcm |
| May 2009 | -1.4% | £652pcm |
| May 2008 | 2.1% | £662pcm |
| May 2007 | 0% | £649pcm |
The last sale was on 25th February 2022 for £380,000 and since then the market in the area has increased by 3.2%. The street has had a total of 8 sales since 1995.
Reed Close, Middlebeck, Newark, NG24 has seen no sales in the last three years and no sales in the last twelve months.
Reed Close, Middlebeck, Newark, NG24 is the 211th largest and the 733rd most expensive street in the NG24 area.
There is 1 postcode on Reed Close, Middlebeck, Newark, NG24.
The closest station to Reed Close, Middlebeck, Newark, NG24 is Newark Castle station which is 2.9 kilometres away.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around Reed Close, Middlebeck, Newark, NG24, % of property is and % is .
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Reed Close, Middlebeck, Newark, NG24, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Reed Close, Middlebeck, Newark, NG24, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Reed Close, Middlebeck, Newark, NG24, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.