45 Redewood Close

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

    This terraced leasehold property on Redewood Close last sold in January 2014 for £80,500. Based on price growth in the NE5 district since then, its estimated current value is £108,891 — placing it in the 5th percentile nationally and the 17th percentile within NE5. The property covers 49 m² (527 sq ft), giving an estimated value of £2,222 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £80,500

    Jan 2014

    Estimated Valuation

    £108,891

    Est. £/sq ft

    £206/sq ft

    £2,222/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-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 dateNov 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Jan 2014

    £80,500

    25 Oct 2007

    £100,000

    30 Jul 2004

    £99,000

    19 Jan 2001

    New build

    £52,000

    Key Metrics

    Estimated valuation£108,891
    Value per sq ft / m²£206/sq ft (£2,222/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile17th percentile
    National percentile5th 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