124 Redewood Close

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

    This detached leasehold property on Redewood Close last sold in May 2001 for £81,995. Based on price growth in the NE5 district since then, its estimated current value is £245,003 — placing it in the 36th percentile nationally and the 79th percentile within NE5. The property covers 106 m² (1,141 sq ft), giving an estimated value of £2,311 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £81,995

    May 2001

    Estimated Valuation

    £245,003

    Est. £/sq ft

    £215/sq ft

    £2,311/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,141 sq ft (106 m²)
    EPC dateJul 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 May 2001

    New build

    £81,995

    Key Metrics

    Estimated valuation£245,003
    Value per sq ft / m²£215/sq ft (£2,311/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile79th percentile
    National percentile36th 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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