3 Redewood Close

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

    This flat/maisonette leasehold property on Redewood Close last sold in October 2001 for £89,950. Based on price growth in the NE5 district since then, its estimated current value is £272,694 — placing it in the 43rd percentile nationally and the 85th percentile within NE5. The property covers 90 m² (969 sq ft), giving an estimated value of £3,030 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    969 sq ft

    90 m²

    Last Sale Price

    £89,950

    Oct 2001

    Estimated Valuation

    £272,694

    Est. £/sq ft

    £281/sq ft

    £3,030/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area969 sq ft (90 m²)
    EPC dateDec 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Oct 2001

    New build

    £89,950

    Key Metrics

    Estimated valuation£272,694
    Value per sq ft / m²£281/sq ft (£3,030/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile85th percentile
    National percentile43rd 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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