43 Redewood Close

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

    This terraced freehold property on Redewood Close last sold in March 2020 for £86,000. Based on price growth in the NE5 district since then, its estimated current value is £100,662 — placing it in the 4th percentile nationally and the 13th percentile within NE5. The property covers 49 m² (527 sq ft), giving an estimated value of £2,054 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £86,000

    Mar 2020

    Estimated Valuation

    £100,662

    Est. £/sq ft

    £191/sq ft

    £2,054/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area527 sq ft (49 m²)
    EPC dateAug 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Mar 2020

    £86,000

    27 Apr 2005

    £100,000

    2 Feb 2001

    New build

    £52,600

    Key Metrics

    Estimated valuation£100,662
    Value per sq ft / m²£191/sq ft (£2,054/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile13th percentile
    National percentile4th 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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