122 Redewood Close, Newcastle Upon Tyne, NE5 2NZ is a leasehold detached property built between 1991-1995. The property offers approximately 1,055 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £237,422 , which equates to approximately £225 per square foot. It was last sold on 1 Jul 2009 for £145,000. Since then, the value has increased by £92,422, representing a 63.7% increase, or approximately 3.9% per year.

The current estimated value of £237,422 is:

  • 16.1% higher than the average property price on Redewood Close
  • 11.9% higher than the average in the NE5 2NZ postcode area
  • and 10.4% lower than the average price for Newcastle Upon Tyne as a whole

View sold house prices in NE5 2NZ

Building approximate location

About Property

Type
Detached House
Built
1991-1995
Interior Size
1055 sq ft
Tenure
Leasehold
Price (estimate)
£237,422
Price Per sq ft (estimate)
£225
Bedroom Count (estimate)
3 bedrooms

EPC Summary

122 Redewood Close, Newcastle Upon Tyne, Tyne And Wear, NE5 2NZ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 4 Aug 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to NE5 2NZ

13 th / 66
Price Rank
12% higher than average
6 th / 38
Size Rank
21% bigger than average
29 th / 38
Price Per Sq FT Rank
7% lower than average

Compared to other properties in NE5 2NZ , this house's estimated value ranks 13th out of 66. Based on price per square foot, it ranks 29th out of 38 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 6th out of 38 properties in its postcode area.

Sale History

Today
£237,422
streetscan.co.uk estimate
+64 %
1 Jul 2009
£145,000
Leasehold
-9.4 %
27 Feb 2009
£160,000
Leasehold
+94.5 %
31 Mar 2000
£82,250
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 7
size: 1195 sq ft
sale price: £196,000
sale date: 4 Oct 2016
rooms: 6
size: 1141 sq ft
sale price: £81,995
sale date: 25 May 2001
rooms: 6
size: 980 sq ft
sale price: £85,000
sale date: 29 Mar 2000
rooms: 7
size: 1130 sq ft
sale price: £199,995
sale date: 29 Sep 2023
rooms: 6
size: 1109 sq ft
sale price: £89,950
sale date: 30 Aug 2001

Data Sources

The property at 122 Redewood Close, Newcastle Upon Tyne, NE5 2NZ appears three times in the Land Registry records, with the latest transaction recorded on 1 Jul 2009. It also has a single Energy Performance Certificate (EPC) from 4 Aug 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.