83 Redewood Close

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

    This terraced leasehold property on Redewood Close last sold in December 2019 for £106,000. Based on price growth in the NE5 district since then, its estimated current value is £136,714 — placing it in the 10th percentile nationally and the 30th percentile within NE5. The property covers 59 m² (635 sq ft), giving an estimated value of £2,317 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £106,000

    Dec 2019

    Estimated Valuation

    £136,714

    Est. £/sq ft

    £215/sq ft

    £2,317/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 area635 sq ft (59 m²)
    EPC dateFeb 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Dec 2019

    £106,000

    10 Mar 2015

    £98,000

    23 Feb 2003

    New build

    £73,950

    Key Metrics

    Estimated valuation£136,714
    Value per sq ft / m²£215/sq ft (£2,317/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile30th percentile
    National percentile10th 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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