62 Redewood Close

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

    This terraced leasehold property on Redewood Close last sold in June 2006 for £109,950. Based on price growth in the NE5 district since then, its estimated current value is £148,449 — placing it in the 12th percentile nationally and the 36th percentile within NE5. The property covers 77 m² (829 sq ft), giving an estimated value of £1,928 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £109,950

    Jun 2006

    Estimated Valuation

    £148,449

    Est. £/sq ft

    £179/sq ft

    £1,928/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    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

    21 Jun 2006

    £109,950

    20 Dec 2000

    New build

    £54,500

    Key Metrics

    Estimated valuation£148,449
    Value per sq ft / m²£179/sq ft (£1,928/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile36th percentile
    National percentile12th 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