2, Reeth Way
2, Reeth Way
Description & Estimates
According to the public record, 2, Reeth Way, Newcastle Upon Tyne is an early-century freehold house with 699 ft2 of internal area and sits on a 253 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Reeth Way, Newcastle Upon Tyne is £168,443 and the estimated rental value is £981 per month.
Reeth Way, Newcastle Upon Tyne, NE15 is located in the borough of Newcastle upon Tyne within the NE15 postal district.
Our Data Sources
2, Reeth Way, Newcastle Upon Tyne has 21 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Reeth Way, Newcastle Upon Tyne is in very good condition we estimate a sale value of £176,865 and a rental value of £1,030 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,652 and a rental value of £912 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Reeth Way, Newcastle Upon Tyne has grown by £2,644 (1.6%), while its estimated rental value has climbed by £43 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Plot Size
According to data from HM Land Registry, 2, Reeth Way, Newcastle Upon Tyne sits on a plot of 253 m2.
We have plot size data on 4 out of 4 other houses in the postcode and 2, Reeth Way, Newcastle Upon Tyne sits on the 4th largest plot.
Energy Efficiency
2, Reeth Way, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Reeth Way, Newcastle Upon Tyne was last sold on 20th December 2022 for £160,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2022, the market for similar properties has dropped by 12.4%.
- Sold Dec 2022£160,000
- Sold Dec 1996£55,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Reeth Way, Newcastle Upon Tyne within a radius of 840 metres over the last 2 years.
The most recent example is 2, Vallum Place, Newcastle Upon Tyne, NE15 9LW, a leasehold house which sold for £210,000 on the 18th December 2025.
Read more about house prices in NE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Reeth Way, Newcastle Upon Tyne, NE15 has a total of 4 addresses. According to our analysis of all the public data, 2, Reeth Way, Newcastle Upon Tyne is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in NE15.
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Schools Nearby
- 600mThrockley Primary School
- 1.8kmNewburn Manor Primary School
- 1.8kmWalbottle Village Primary School
- 1.6kmWalbottle Academy
- 2.4kmThorp Academy
- 4.3kmStudio West
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Public Transport Nearby
The closest station to 2, Reeth Way, Newcastle Upon Tyne is Wylam station, which is 3.7 kilometres away.
- 3.7kmWylam
- 4.5kmBlaydon
- 7.0kmPrudhoe
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
