120 Redewood Close

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

    This detached freehold property on Redewood Close last sold in March 2022 for £245,000. Based on price growth in the NE5 district since then, its estimated current value is £248,565 — placing it in the 37th percentile nationally and the 80th percentile within NE5. The property covers 96 m² (1,033 sq ft), giving an estimated value of £2,589 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,033 sq ft

    96 m²

    Last Sale Price

    £245,000

    Mar 2022

    Estimated Valuation

    £248,565

    Est. £/sq ft

    £241/sq ft

    £2,589/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,033 sq ft (96 m²)
    EPC dateDec 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Mar 2022

    £245,000

    25 Feb 2000

    New build

    £86,250

    Key Metrics

    Estimated valuation£248,565
    Value per sq ft / m²£241/sq ft (£2,589/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile80th percentile
    National percentile37th 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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