272, Reeth Place
272, Reeth Place
Description & Estimates
272, Reeth Place, Newton Aycliffe appears in the public record as a freehold house sitting on a 123 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 595 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of 272, Reeth Place, Newton Aycliffe is £52,079 and its rental estimate is £346 per month, given the available information and assuming reasonable condition.
Reeth Place, Newton Aycliffe, DL5 falls within the DL5 postal district.
Our Data Sources
272, Reeth Place, Newton Aycliffe has 21 entries in the Land Registry , most recently in March 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 272, Reeth Place, Newton Aycliffe, we estimate a market value of £54,683 and a rental value of £363 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £48,433 and £322 per month respectively.
Recent Market Change
Over the last year, 272, Reeth Place, Newton Aycliffe has seen its estimated sale value climb by £1,432 (2.7%) and its estimated rental value rise by £11 per month (3.2%). This results in an estimated gross rental yield of 8.0%.
Plot Size
HM Land Registry records the plot of land for 272, Reeth Place, Newton Aycliffe as measuring 123 m2.
That makes it the 5th largest plot in the postcode, where 25 of the 33 other houses have recorded plot data.
Sold Prices
The most recent sale of 272, Reeth Place, Newton Aycliffe completed on 5th March 2008 at £30,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 75.8% over the period since March 2008.
- Sold Mar 2008£30,000
- Sold Nov 2001£32,500
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 272, Reeth Place, Newton Aycliffe has sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th July 2020, was 284, Hedley Close, Newton Aycliffe, DL5 7NS, a freehold house which sold for £47,500.
Read more about house prices in DL5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 33 addresses on Reeth Place, Newton Aycliffe, DL5, 272, Reeth Place, Newton Aycliffe comes out as the 33rd largest and the 33rd most expensive in our analysis of the public data.
It is also £100k less expensive than the average property across the DL5 district.
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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
More reading links
Public Transport Nearby
From 272, Reeth Place, Newton Aycliffe, the nearest station is Newton Aycliffe, 1.3 kilometres away.
- 1.3kmNewton Aycliffe
- 3.1kmHeighington
- 3.4kmShildon
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
