6 Redewood Close

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

    This terraced freehold property on Redewood Close last sold in May 2022 for £165,000. Based on price growth in the NE5 district since then, its estimated current value is £172,340 — placing it in the 18th percentile nationally and the 48th percentile within NE5. The property covers 77 m² (829 sq ft), giving an estimated value of £2,238 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £165,000

    May 2022

    Estimated Valuation

    £172,340

    Est. £/sq ft

    £208/sq ft

    £2,238/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateAug 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 May 2022

    £165,000

    6 Jul 2007

    £112,500

    21 Mar 2005

    £67,500

    Key Metrics

    Estimated valuation£172,340
    Value per sq ft / m²£208/sq ft (£2,238/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile48th percentile
    National percentile18th 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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