1 Redewood Close

    1, REDEWOOD CLOSE, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE5 2NY

    This detached leasehold property on Redewood Close last sold in November 2002 for £140,000. Based on price growth in the NE5 district since then, its estimated current value is £368,242 — placing it in the 62nd percentile nationally and the 94th percentile within NE5. The property covers 74 m² (797 sq ft), giving an estimated value of £4,976 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £140,000

    Nov 2002

    Estimated Valuation

    £368,242

    Est. £/sq ft

    £462/sq ft

    £4,976/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area797 sq ft (74 m²)
    EPC dateAug 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Nov 2002

    New build

    £140,000

    Key Metrics

    Estimated valuation£368,242
    Value per sq ft / m²£462/sq ft (£4,976/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile94th percentile
    National percentile62nd percentile

    District Context — NE5

    NE5 covers areas in the west of Newcastle upon Tyne, sitting within the broader North East region. It is a mixed residential community with a diverse socioeconomic profile.

    Average Property Price - NE5

    £200,588

    12

    National percentile

    Average Net Household Income - NE5

    £34,218

    27

    National percentile

    10-Year Annualised Price Growth - NE5

    4.8%

    85

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE5

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