116 Redewood Close

    116, REDEWOOD CLOSE, NEWCASTLE UPON TYNE, NE5 2NZ

    This detached leasehold property on Redewood Close last sold in September 2016 for £128,000. Based on price growth in the NE5 district since then, its estimated current value is £194,813 — placing it in the 23rd percentile nationally and the 59th percentile within NE5. The property covers 74 m² (797 sq ft), giving an estimated value of £2,633 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £128,000

    Sept 2016

    Estimated Valuation

    £194,813

    Est. £/sq ft

    £245/sq ft

    £2,633/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area797 sq ft (74 m²)
    EPC dateSept 2025
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Sept 2016

    £128,000

    17 Dec 1997

    New build

    £74,995

    Key Metrics

    Estimated valuation£194,813
    Value per sq ft / m²£245/sq ft (£2,633/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile59th percentile
    National percentile23rd 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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