73 Redewood Close

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

    This terraced leasehold property on Redewood Close last sold in October 2015 for £103,000. Based on price growth in the NE5 district since then, its estimated current value is £151,629 — placing it in the 13th percentile nationally and the 38th percentile within NE5. The property covers 56 m² (603 sq ft), giving an estimated value of £2,708 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

    £103,000

    Oct 2015

    Estimated Valuation

    £151,629

    Est. £/sq ft

    £252/sq ft

    £2,708/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateFeb 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Oct 2015

    £103,000

    24 Jan 2003

    New build

    £72,950

    Key Metrics

    Estimated valuation£151,629
    Value per sq ft / m²£252/sq ft (£2,708/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile38th percentile
    National percentile13th 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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