24 Redewood Close

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

    This detached leasehold property on Redewood Close last sold in October 2021 for £201,000. Based on price growth in the NE5 district since then, its estimated current value is £230,727 — placing it in the 32nd percentile nationally and the 74th percentile within NE5. The property covers 90 m² (969 sq ft), giving an estimated value of £2,564 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    969 sq ft

    90 m²

    Last Sale Price

    £201,000

    Oct 2021

    Estimated Valuation

    £230,727

    Est. £/sq ft

    £238/sq ft

    £2,564/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area969 sq ft (90 m²)
    EPC dateSept 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Oct 2021

    £201,000

    6 Jul 2001

    £89,950

    Key Metrics

    Estimated valuation£230,727
    Value per sq ft / m²£238/sq ft (£2,564/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile74th percentile
    National percentile32nd 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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