41 Redewood Close

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

    This terraced leasehold property on Redewood Close last sold in August 2006 for £105,000. Based on price growth in the NE5 district since then, its estimated current value is £141,765 — placing it in the 11th percentile nationally and the 33rd percentile within NE5. The property covers 58 m² (624 sq ft), giving an estimated value of £2,444 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £105,000

    Aug 2006

    Estimated Valuation

    £141,765

    Est. £/sq ft

    £227/sq ft

    £2,444/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateApr 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Aug 2006

    £105,000

    13 Aug 2002

    £64,000

    8 Nov 2000

    New build

    £55,500

    Key Metrics

    Estimated valuation£141,765
    Value per sq ft / m²£227/sq ft (£2,444/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile33rd percentile
    National percentile11th 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

    More properties in NE5

    Streets in NE5

    Explore nearby