273, Reeth Place
273, Reeth Place
Description & Estimates
273, Reeth Place, Newton Aycliffe is described in the public record as a mid-century house with 1,097 ft2 of internal area, sitting on a 75.5 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 273, Reeth Place, Newton Aycliffe is £71,473 and its rental estimate is £425 per month, given the available information and assuming reasonable condition.
Reeth Place, Newton Aycliffe, DL5 falls within the DL5 postal district.
Our Data Sources
273, Reeth Place, Newton Aycliffe has no records in the the Land Registry and a single entry in the EPC database dated May 2024.
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
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 273, Reeth Place, Newton Aycliffe, we estimate a market value of £75,047 and a rental value of £446 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £66,470 and £395 per month respectively.
Recent Market Change
Over the last year, 273, Reeth Place, Newton Aycliffe has seen its estimated sale value rise by £1,871 (2.6%) and its estimated rental value move up by £13 per month (3.0%). This results in an estimated gross rental yield of 7.1%.
Plot Size
HM Land Registry records the plot of land for 273, Reeth Place, Newton Aycliffe as measuring 75 m2.
That makes it the 24th largest plot in the postcode, where 25 of the 33 other houses have recorded plot data.
Energy Efficiency
273, Reeth Place, Newton Aycliffe has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 22 May 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 273, Reeth Place, Newton Aycliffe have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th February 2024, was 245, Reeth Place, Newton Aycliffe, DL5 7NA, a freehold house which sold for £72,000.
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, 273, Reeth Place, Newton Aycliffe comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £80k 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
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Public Transport Nearby
From 273, 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.
