240, Reeth Place
240, Reeth Place
Description & Estimates
The public record describes 240, Reeth Place, Newton Aycliffe as a mid-century house with 1,001 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
240, Reeth Place, Newton Aycliffe has an estimated sale value of £67,132 and an estimated rental value of £406 per month, assuming reasonable condition and based on the information available.
Reeth Place, Newton Aycliffe, DL5 lies within the DL5 postal district.
Our Data Sources
240, Reeth Place, Newton Aycliffe has no records in the the Land Registry and a single entry in the EPC database dated June 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 240, Reeth Place, Newton Aycliffe would be worth £70,489, with a potential rental value of £426 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £62,433, with a rental value of £377 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 240, Reeth Place, Newton Aycliffe has grown by £1,914 (2.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £13 (3.3%). The property's estimated gross yield is currently 7.2%.
Energy Efficiency
240, Reeth Place, Newton Aycliffe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of 240, Reeth Place, Newton Aycliffe across the last 2 years.
Most recently, 245, Reeth Place, Newton Aycliffe, DL5 7NA, a freehold house, sold at £72,000 on the 16th February 2024.
Read more about house prices in DL5.
- Sold Feb 2024£72,000 | 3 Bed House245, Reeth Place, Newton Aycliffe, DL5 7NA245, Reeth Place, Newton Aycliffe, DL5 7NA
- Sold Jun 2023£65,000 | 3 Bed House239, Reeth Place, Newton Aycliffe, DL5 7NA239, Reeth Place, Newton Aycliffe, DL5 7NA
- Sold Sep 2021£72,500 | 3 Bed House237, Reeth Place, Newton Aycliffe, DL5 7NA237, Reeth Place, Newton Aycliffe, DL5 7NA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 240, Reeth Place, Newton Aycliffe as the 4th largest and the 7th most expensive of the 33 addresses on Reeth Place, Newton Aycliffe, DL5.
Against the DL5 postcode district average, it is £85k less expensive than the typical property.
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Schools Nearby
- 400mSt Joseph's Catholic Primary School
- 400mWoodham Burn Community Primary School and Nursery
- 600mStephenson Way Academy and Nursery School
- 1.2kmGreenfield Academy
- 1.4kmWoodham Academy
- 3.2kmUTC South Durham
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Public Transport Nearby
Newton Aycliffe station is the nearest stop to 240, Reeth Place, Newton Aycliffe at 1.3 kilometres away.
- 1.3kmNewton Aycliffe
- 3.1kmHeighington
- 3.4kmShildon
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
