72 Redewood Close

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

    This terraced leasehold property on Redewood Close last sold in February 2003 for £72,950. Based on price growth in the NE5 district since then, its estimated current value is £144,768 — placing it in the 11th percentile nationally and the 34th percentile within NE5. The property covers 56 m² (603 sq ft), giving an estimated value of £2,585 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £72,950

    Feb 2003

    Estimated Valuation

    £144,768

    Est. £/sq ft

    £240/sq ft

    £2,585/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateMay 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Feb 2003

    New build

    £72,950

    Key Metrics

    Estimated valuation£144,768
    Value per sq ft / m²£240/sq ft (£2,585/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile34th percentile
    National percentile11th 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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