2 Redewood Close

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

    This detached freehold property on Redewood Close last sold in May 2011 for £160,000. Based on price growth in the NE5 district since then, its estimated current value is £281,737 — placing it in the 45th percentile nationally and the 86th percentile within NE5. The property covers 95 m² (1,023 sq ft), giving an estimated value of £2,966 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,023 sq ft

    95 m²

    Last Sale Price

    £160,000

    May 2011

    Estimated Valuation

    £281,737

    Est. £/sq ft

    £276/sq ft

    £2,966/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,023 sq ft (95 m²)
    EPC dateAug 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 May 2011

    £160,000

    23 May 2005

    £168,000

    17 Dec 2002

    New build

    £131,875

    Key Metrics

    Estimated valuation£281,737
    Value per sq ft / m²£276/sq ft (£2,966/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile86th percentile
    National percentile45th 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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