70 Redewood Close

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

    This detached leasehold property on Redewood Close last sold in January 2021 for £110,000. Based on price growth in the NE5 district since then, its estimated current value is £126,269 — placing it in the 8th percentile nationally and the 25th percentile within NE5. The property covers 56 m² (603 sq ft), giving an estimated value of £2,255 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £110,000

    Jan 2021

    Estimated Valuation

    £126,269

    Est. £/sq ft

    £209/sq ft

    £2,255/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateNov 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jan 2021

    £110,000

    17 Jan 2003

    New build

    £72,950

    Key Metrics

    Estimated valuation£126,269
    Value per sq ft / m²£209/sq ft (£2,255/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile25th percentile
    National percentile8th 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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