63 Redewood Close

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

    This terraced leasehold property on Redewood Close last sold in June 2005 for £111,000. Based on price growth in the NE5 district since then, its estimated current value is £155,830 — placing it in the 14th percentile nationally and the 40th percentile within NE5. The property covers 58 m² (624 sq ft), giving an estimated value of £2,687 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £111,000

    Jun 2005

    Estimated Valuation

    £155,830

    Est. £/sq ft

    £250/sq ft

    £2,687/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateAug 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Jun 2005

    £111,000

    10 Jan 2002

    New build

    £69,950

    Key Metrics

    Estimated valuation£155,830
    Value per sq ft / m²£250/sq ft (£2,687/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile40th percentile
    National percentile14th 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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