24, Redewood Close
24, Redewood Close
Description & Estimates
Public records show 24, Redewood Close, Newcastle Upon Tyne to be a modern leasehold house with 968 ft2 of internal area, sitting on a 287 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
24, Redewood Close, Newcastle Upon Tyne has an estimated sale value of £186,074 and an estimated rental value of £1,251 per month, assuming reasonable condition and based on the information available.
Redewood Close, Newcastle Upon Tyne, NE5 lies in the borough of Newcastle upon Tyne, within the NE5 postal district.
Our Data Sources
24, Redewood Close, Newcastle Upon Tyne has 21 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 24, Redewood Close, Newcastle Upon Tyne would be worth £195,378, with a potential rental value of £1,313 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £173,049, with a rental value of £1,163 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 24, Redewood Close, Newcastle Upon Tyne has climbed by £2,378 (1.3%) over the last year. During the same period, its estimated monthly rental value has risen by £42 (3.4%). The property's estimated gross yield is currently 8.1%.
Plot Size
24, Redewood Close, Newcastle Upon Tyne occupies a 287 m2 plot as recorded by HM Land Registry.
Of the 59 other houses in this postcode, 41 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
24, Redewood Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
24, Redewood Close, Newcastle Upon Tyne last changed hands on 8th October 2021, selling for £201,000. The transaction was logged as a leasehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 3.0% since October 2021.
- Sold Oct 2021£201,000
- Sold Jul 2001£89,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 560 metres of 24, Redewood Close, Newcastle Upon Tyne across the last 2 years.
Most recently, 101, Redewood Close, Newcastle Upon Tyne, NE5 2NZ, a freehold house, sold at £245,000 on the 23rd May 2025.
Read more about house prices in NE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 24, Redewood Close, Newcastle Upon Tyne as the 31st largest and the 35th most expensive of the 125 addresses on Redewood Close, Newcastle Upon Tyne, NE5.
Against the NE5 postcode district average, it is £27k more expensive than the typical property.
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Schools Nearby
- 700mHilton Primary Academy
- 800mThomas Walling Primary Academy
- 900mBeech Hill Primary School
- 1.2kmStudio West
- 1.2kmSt Cuthbert's High School
- 1.7kmSacred Heart Catholic High School
More reading links
Public Transport Nearby
Blaydon station is the nearest stop to 24, Redewood Close, Newcastle Upon Tyne at 3.3 kilometres away.
- 3.3kmBlaydon
- 3.6kmMetroCentre
- 4.7kmNewcastle
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
