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Redwing Close is a residential street with 12 addresses.
It ranks as the 325th largest and 748th most expensive of the 785 streets in the NE61 area. The dominant property type is a modern house built after 1980.
The street contains a total of 12 properties: 12 houses.
Redwing Close is a residential street with 12 addresses.
It ranks as the 325th largest and 748th most expensive of the 785 streets in the NE61 area. The dominant property type is a modern house built after 1980.
The street contains a total of 12 properties: 12 houses.
Sale prices range from £466,667 for 4 bedroom freehold houses with a garden (1,388 ft2) to £674,124 for 5 bedroom freehold houses with a garden (2,658 ft2) .
Monthly rental prices range from £1,606 pcm for 4 bed houses to £2,334 pcm for 5 bed houses.
The gross rental yield is between 4.0% and 4.2%.
The average value per square foot is £284.
The last sale on Redwing Close sold for £595,950 on 28th June 2024. Since then prices are up an average of 2.5%.
The current average value in the street is £602,935.
The Redwing Close Sales Market has increased by 36.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.7% | £602,935 |
| April 2025 | 3.2% | £598,490 |
| April 2024 | 4.3% | £580,088 |
| April 2023 | 5% | £556,097 |
| April 2022 | 7.5% | £529,835 |
| April 2021 | 1.9% | £492,782 |
| April 2020 | 4.2% | £483,362 |
| April 2019 | 1.5% | £463,985 |
| April 2018 | 1.4% | £457,288 |
| April 2017 | 2.3% | £451,028 |
| April 2016 | 3.9% | £441,061 |
| April 2015 | 2.3% | £424,462 |
| April 2014 | 3.9% | £414,741 |
| April 2013 | -2% | £399,354 |
| April 2012 | 1.5% | £407,559 |
| April 2011 | -3.8% | £401,419 |
| April 2010 | 7.2% | £417,077 |
| April 2009 | -8.3% | £389,080 |
| April 2008 | 5.5% | £424,293 |
| April 2007 | 0% | £402,226 |
The current average rental value in the street is £2,056.
The Redwing Close Rental Market has increased by 50.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £2,056pcm |
| April 2025 | 6.2% | £2,024pcm |
| April 2024 | 7.5% | £1,906pcm |
| April 2023 | 9.3% | £1,773pcm |
| April 2022 | 7.5% | £1,623pcm |
| April 2021 | 6.5% | £1,510pcm |
| April 2020 | 1.3% | £1,417pcm |
| April 2019 | 0.4% | £1,399pcm |
| April 2018 | 0% | £1,393pcm |
| April 2017 | 1.7% | £1,393pcm |
| April 2016 | 2.6% | £1,370pcm |
| April 2015 | 1.2% | £1,336pcm |
| April 2014 | 1.3% | £1,320pcm |
| April 2013 | 4.3% | £1,303pcm |
| April 2012 | 0.6% | £1,250pcm |
| April 2011 | 0% | £1,242pcm |
| April 2010 | 3% | £1,243pcm |
| April 2009 | -3.1% | £1,207pcm |
| April 2008 | 3.6% | £1,246pcm |
| April 2007 | 0% | £1,202pcm |
The last sale was on 28th June 2024 for £595,950 and since then the market in the area has increased by 2.5%. The street has had a total of 13 sales since 1995.
Redwing Close, Morpeth, NE61 has seen 7 sales in the last three years and no sales in the last twelve months.
Redwing Close, Morpeth, NE61 is the 325th largest and the 748th most expensive street in the NE61 area.
There is 1 postcode on Redwing Close, Morpeth, NE61.
The closest station to Redwing Close, Morpeth, NE61 is Morpeth station which is 1.7 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Redwing Close, Morpeth, NE61, 51.7% of property is privately owned outright and 31.9% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Redwing Close, Morpeth, NE61, 17.7% of residents are recorded as possessing school level qualifications and 61.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Redwing Close, Morpeth, NE61, the average age was 45.1 and the most common age was 62.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Redwing Close, Morpeth, NE61, 1.7% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Redwing Close, Morpeth, NE61, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.