44 Redewood Close

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

    This terraced leasehold property on Redewood Close last sold in December 2011 for £103,000. Based on price growth in the NE5 district since then, its estimated current value is £138,300 — placing it in the 10th percentile nationally and the 31st percentile within NE5. The property covers 72 m² (775 sq ft), giving an estimated value of £1,921 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £103,000

    Dec 2011

    Estimated Valuation

    £138,300

    Est. £/sq ft

    £178/sq ft

    £1,921/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 area775 sq ft (72 m²)
    EPC dateMay 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Dec 2011

    £103,000

    18 Aug 2006

    £100,000

    11 Jul 2003

    £74,000

    23 Jan 2001

    New build

    £52,000

    Key Metrics

    Estimated valuation£138,300
    Value per sq ft / m²£178/sq ft (£1,921/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile31st percentile
    National percentile10th 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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