87 Redewood Close

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

    This terraced leasehold property on Redewood Close last sold in February 2024 for £129,950. Based on price growth in the NE5 district since then, its estimated current value is £138,005 — placing it in the 10th percentile nationally and the 31st percentile within NE5. The property covers 58 m² (624 sq ft), giving an estimated value of £2,379 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £129,950

    Feb 2024

    Estimated Valuation

    £138,005

    Est. £/sq ft

    £221/sq ft

    £2,379/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateOct 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Feb 2024

    £129,950

    14 May 2010

    £105,000

    26 Feb 2003

    New build

    £73,950

    Key Metrics

    Estimated valuation£138,005
    Value per sq ft / m²£221/sq ft (£2,379/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile31st 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

    More properties in NE5

    Streets in NE5

    Explore nearby