47 Redewood Close

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

    This terraced freehold property on Redewood Close last sold in August 2022 for £120,000. Based on price growth in the NE5 district since then, its estimated current value is £125,338 — placing it in the 8th percentile nationally and the 24th percentile within NE5. The property covers 50 m² (538 sq ft), giving an estimated value of £2,507 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £120,000

    Aug 2022

    Estimated Valuation

    £125,338

    Est. £/sq ft

    £233/sq ft

    £2,507/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 area538 sq ft (50 m²)
    EPC dateJul 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Aug 2022

    £120,000

    20 Dec 2006

    £103,500

    8 Dec 2000

    New build

    £51,600

    Key Metrics

    Estimated valuation£125,338
    Value per sq ft / m²£233/sq ft (£2,507/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile24th percentile
    National percentile8th 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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