47, Redewood Close
47, Redewood Close
Description & Estimates
According to the public record, 47, Redewood Close, Newcastle Upon Tyne is a modern freehold house with 538 ft2 of internal area and sits on a 133 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 47, Redewood Close, Newcastle Upon Tyne is £130,950 and the estimated rental value is £930 per month.
Redewood Close, Newcastle Upon Tyne, NE5 is located in the borough of Newcastle upon Tyne within the NE5 postal district.
Our Data Sources
47, Redewood Close, Newcastle Upon Tyne has 31 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated July 2018.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 47, Redewood Close, Newcastle Upon Tyne is in very good condition we estimate a sale value of £137,498 and a rental value of £977 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £121,784 and a rental value of £865 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 47, Redewood Close, Newcastle Upon Tyne has climbed by £1,760 (1.3%), while its estimated rental value has risen by £36 per month (3.9%). Based on current estimates, the property offers a gross rental yield of 8.5%.
Plot Size
According to data from HM Land Registry, 47, Redewood Close, Newcastle Upon Tyne sits on a plot of 133 m2.
We have plot size data on 41 out of 59 other houses in the postcode and 47, Redewood Close, Newcastle Upon Tyne sits on the 30th largest plot.
Energy Efficiency
47, Redewood Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jul 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 47, Redewood Close, Newcastle Upon Tyne was last sold on 19th August 2022 for £120,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2022, the market for similar properties has dropped by 5.7%.
- Sold Aug 2022£120,000
- Sold Dec 2006£103,500
- Sold Dec 2000£51,600
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Redewood Close, Newcastle Upon Tyne within a radius of 550 metres over the last 2 years.
The most recent example is 48, Redewood Close, Newcastle Upon Tyne, NE5 2NY, a leasehold house which sold for £95,000 on the 6th September 2024.
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
Redewood Close, Newcastle Upon Tyne, NE5 has a total of 125 addresses. According to our analysis of all the public data, 47, Redewood Close, Newcastle Upon Tyne is the 115th largest and the 113th most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in NE5.
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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
The closest station to 47, Redewood Close, Newcastle Upon Tyne is Blaydon station, which is 3.3 kilometres away.
- 3.3kmBlaydon
- 3.6kmMetroCentre
- 4.7kmNewcastle
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
