50, Reeds Way
50, Reeds Way
Description & Estimates
50, Reeds Way, Newquay is described in the public record as a modern house with 731 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 50, Reeds Way, Newquay is £225,057 and its rental estimate is £1,059 per month, given the available information and assuming reasonable condition.
Reeds Way, Newquay, TR7 falls within the TR7 postal district.
Our Data Sources
50, Reeds Way, Newquay has no records in the the Land Registry and a single entry in the EPC database dated February 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 50, Reeds Way, Newquay, we estimate a market value of £236,310 and a rental value of £1,112 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £209,303 and £985 per month respectively.
Recent Market Change
Over the last year, 50, Reeds Way, Newquay has seen its estimated sale value decrease by £6,970 (3.1%) and its estimated rental value grow by £50 per month (4.7%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
50, Reeds Way, Newquay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Feb 2024.
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
Over the past 2 years 3 properties similar to 50, Reeds Way, Newquay have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th February 2024, was 38, Reeds Way, Newquay, TR7 1TS, a freehold house which sold for £215,000.
Read more about house prices in TR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 52 addresses on Reeds Way, Newquay, TR7, 50, Reeds Way, Newquay comes out as the 23rd largest and the 24th most expensive in our analysis of the public data.
It is also £96k less expensive than the average property across the TR7 district.
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Schools Nearby
- 500mTrenance Learning Academy
- 1.1kmNewquay Junior Academy
- 1.2kmThe Bishops CofE Learning Academy
- 2.2kmNewquay Tretherras
- 2.9kmTreviglas Academy
- 16.0kmBrannel School
More reading links
Public Transport Nearby
From 50, Reeds Way, Newquay, the nearest station is Newquay, 1.0 kilometres away.
- 1.0kmNewquay
- 4.1kmQuintrell Downs
- 10.4kmSt Columb Road
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.
