Redewood Close - NE5 2NY
Key Postcode Insights
NE5 2NY is a residential postcode situated on Redewood Close, Newcastle Upon Tyne, NE5 with 59 addresses.
It ranks as the 1748th largest and 1165th most expensive of the 1,834 postcodes in the NE5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 59 properties: 59 houses.
- Ave. Sale Price
- £158,851
- 10 Year change
- up 34.3%
- Ave. Rental Price
- £1,105pcm
- 10 Year change
- up 70.1%
- Ave. £ per ft²
- £212/ft²
- Ave. Gross Yield
- 8.3%/year/yr
Key Postcode Insights
NE5 2NY is a residential postcode situated on Redewood Close, Newcastle Upon Tyne, NE5 with 59 addresses.
It ranks as the 1748th largest and 1165th most expensive of the 1,834 postcodes in the NE5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 59 properties: 59 houses.
- Ave. Sale Price
- £158,851
- 10 Year change
- up 34.3%
- Ave. Rental Price
- £1,105pcm
- 10 Year change
- up 70.1%
- Ave. £ per ft²
- £212/ft²
- Ave. Gross Yield
- 8.3%/year/yr
Explore Propertiesin NE5 2NY
- 1 Redewood Close
Unknown
- 2 Redewood Close
3 Bed Modern House
- 3 Redewood Close
3 Bed Modern House
- 4 Redewood Close
3 Bed Modern House
- 5 Redewood Close
3 Bed Modern House
Sales Market Trends
The last sale in NE5 2NY sold for £85,000 on 7th February 2025. Since then prices are up an average of 3.0%.
The current average value in the postcode is £158,851.
The NE5 2NY Sales Market has increased by 34.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £158,851 |
| June 2025 | 3.9% | £157,862 |
| June 2024 | -0.8% | £151,937 |
| June 2023 | 2.5% | £153,099 |
| June 2022 | 10.8% | £149,390 |
| June 2021 | 5.4% | £134,844 |
| June 2020 | 1.5% | £127,915 |
| June 2019 | 5.8% | £126,027 |
| June 2018 | -0.9% | £119,069 |
| June 2017 | 1.6% | £120,131 |
| June 2016 | 1.6% | £118,270 |
| June 2015 | 4% | £116,396 |
| June 2014 | 5.3% | £111,965 |
| June 2013 | 0.4% | £106,290 |
| June 2012 | -1.9% | £105,882 |
| June 2011 | -3.4% | £107,908 |
| June 2010 | 4.3% | £111,726 |
| June 2009 | -12.7% | £107,143 |
| June 2008 | -3.3% | £122,734 |
| June 2007 | 0% | £126,913 |
Rental Market Trends
The current average rental value in the postcode is £1,105.
The NE5 2NY Rental Market has increased by 70.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,105pcm |
| June 2025 | 8% | £1,078pcm |
| June 2024 | 8.1% | £998pcm |
| June 2023 | 10% | £923pcm |
| June 2022 | 13.2% | £839pcm |
| June 2021 | 7.3% | £742pcm |
| June 2020 | 2.7% | £691pcm |
| June 2019 | 1.9% | £673pcm |
| June 2018 | 0.2% | £661pcm |
| June 2017 | 1.5% | £659pcm |
| June 2016 | 1.1% | £649pcm |
| June 2015 | 1.7% | £642pcm |
| June 2014 | 1.3% | £632pcm |
| June 2013 | 0% | £623pcm |
| June 2012 | -0.9% | £623pcm |
| June 2011 | -1.2% | £629pcm |
| June 2010 | 4.2% | £636pcm |
| June 2009 | -2.1% | £611pcm |
| June 2008 | -1.3% | £624pcm |
| June 2007 | 0% | £632pcm |
Sales History
The last sale was on 7th February 2025 for £85,000 and since then the market in the area has increased by 3.0%. The postcode has had a total of 146 sales since 1995.
NE5 2NY has seen 10 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2025£85,000 | 3 Bed House32, Redewood Close, Newcastle Upon Tyne, NE5 2NY32, Redewood Close, Newcastle Upon Tyne, NE5 2NY
- Sold Dec 2024£153,000 | 3 Bed House53, Redewood Close, Newcastle Upon Tyne, NE5 2NY53, Redewood Close, Newcastle Upon Tyne, NE5 2NY
- Sold Oct 2024£110,000 | 3 Bed House40, Redewood Close, Newcastle Upon Tyne, NE5 2NY40, Redewood Close, Newcastle Upon Tyne, NE5 2NY
- Sold Sep 2024£95,000 | 2 Bed House48, Redewood Close, Newcastle Upon Tyne, NE5 2NY48, Redewood Close, Newcastle Upon Tyne, NE5 2NY
- Sold May 2024£4,810 | 3 Bed House24, Redewood Close, Newcastle Upon Tyne, NE5 2NY24, Redewood Close, Newcastle Upon Tyne, NE5 2NY
Nearby Postcodes
NE5 2NY is the 1748th largest and the 1165th most expensive postcode out of the 1,834 postcodes in the NE5 area.
- NE5 2SY, Cartmel Green, Newcastle Upon Tyne, NE5NE5 2SY26 Addresses|88 m away
- NE5 2NZ, Redewood Close, Newcastle Upon Tyne, NE5NE5 2NZ66 Addresses|91 m away
- NE5 2TA, Bowness Road, Newcastle Upon Tyne, NE5NE5 2TA44 Addresses|94 m away
- NE5 2ST, Pooley Road, Newcastle Upon Tyne, NE5NE5 2ST14 Addresses|108 m away
- NE5 2SX, Pooley Road, Newcastle Upon Tyne, NE5NE5 2SX19 Addresses|137 m away
Property Types
- 46 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 2 houses of an unknown age
- 10 other addresses of unknown type
- modern house (46)
- mid-century house (1)
- house (2)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 47 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (1)
- F (0)
- C (28)
- G (0)
- D (17)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold Mar 2022£245,000 | 3 Bed House120, Redewood Close, Newcastle Upon Tyne, NE5 2NZ120, Redewood Close, Newcastle Upon Tyne, NE5 2NZ
- Sold May 2025£245,000 | 3 Bed House101, Redewood Close, Newcastle Upon Tyne, NE5 2NZ101, Redewood Close, Newcastle Upon Tyne, NE5 2NZ
- Sold Aug 2021£222,000 | 4 Bed House125, Redewood Close, Newcastle Upon Tyne, NE5 2NZ125, Redewood Close, Newcastle Upon Tyne, NE5 2NZ
Schools Nearby
- Hilton Primary Academy700 m away
- Thomas Walling Primary Academy800 m away
- Beech Hill Primary School900 m away
- Studio West1.2 km away
- St Cuthbert's High School1.2 km away
- Sacred Heart Catholic High School1.7 km away
More reading links
Public Transport Nearby
The closest station to NE5 2NY is Blaydon station, which is 3.3 kilometres away.
- Blaydon|3.3 km away
- MetroCentre|3.6 km away
- Newcastle|4.7 km away
- Dunston|5.1 km away
