9 Redewood Close

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

    This terraced freehold property on Redewood Close last sold in August 2020 for £145,000. Based on price growth in the NE5 district since then, its estimated current value is £169,721 — placing it in the 17th percentile nationally and the 46th percentile within NE5. The property covers 80 m² (861 sq ft), giving an estimated value of £2,122 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £145,000

    Aug 2020

    Estimated Valuation

    £169,721

    Est. £/sq ft

    £197/sq ft

    £2,122/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateJun 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Aug 2020

    £145,000

    14 Nov 2003

    £105,000

    14 Dec 2001

    New build

    £48,000

    Key Metrics

    Estimated valuation£169,721
    Value per sq ft / m²£197/sq ft (£2,122/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile46th percentile
    National percentile17th 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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