77 Redewood Close

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

    This terraced leasehold property on Redewood Close last sold in December 2016 for £105,000. Based on price growth in the NE5 district since then, its estimated current value is £141,947 — placing it in the 11th percentile nationally and the 33rd percentile within NE5. The property covers 54 m² (581 sq ft), giving an estimated value of £2,629 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £105,000

    Dec 2016

    Estimated Valuation

    £141,947

    Est. £/sq ft

    £244/sq ft

    £2,629/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area581 sq ft (54 m²)
    EPC dateApr 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Dec 2016

    £105,000

    6 Feb 2003

    New build

    £73,950

    Key Metrics

    Estimated valuation£141,947
    Value per sq ft / m²£244/sq ft (£2,629/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile33rd 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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