40 Redewood Close, Newcastle Upon Tyne, NE5 2NY is a leasehold terraced property built between 1991-1995. The property offers approximately 646 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £115,724 , which equates to approximately £179 per square foot. It was last sold on 30 Oct 2024 for £110,000. Since then, the value has increased by £5,724, representing a 5.2% increase, or approximately 4.6% per year.

The current estimated value of £115,724 is:

  • 43.4% lower than the average property price on Redewood Close
  • 30.2% lower than the average in the NE5 2NY postcode area
  • and 56.3% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 10 July 2024, the property was recorded as owner-occupied.

View sold house prices in NE5 2NY

Building approximate location

About Property

Type
Terraced House
Built
1991-1995
Interior Size
646 sq ft
Tenure
Leasehold
Price (estimate)
£115,724
Price Per sq ft (estimate)
£179
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40 Redewood Close, Newcastle Upon Tyne, Tyne And Wear, NE5 2NY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 10 Jul 2024.

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, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE5 2NY

21 st / 54
Price Rank
30% lower than average
24 th / 44
Size Rank
15% smaller than average
13 th / 44
Price Per Sq FT Rank
18% lower than average

Compared to other properties in NE5 2NY , this house's estimated value ranks 21th out of 54. Based on price per square foot, it ranks 13th out of 44 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 24th out of 44 properties in its postcode area.

Sale History

Today
£115,724
streetscan.co.uk estimate
+5 %
30 Oct 2024
£110,000
Leasehold
+85.5 %
27 Oct 2000
£59,295
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 624 sq ft
sale price: £85,000
sale date: 7 Feb 2025
rooms: 4
size: 689 sq ft
sale price: £147,000
sale date: 27 Feb 2023
rooms: 3
size: 635 sq ft
sale price: £127,533
sale date: 29 Sep 2021
rooms: 3
size: 624 sq ft
sale price: £92,000
sale date: 9 Jul 2018
rooms: 3
size: 614 sq ft
sale price: £90,000
sale date: 26 Apr 2018

Data Sources

The property at 40 Redewood Close, Newcastle Upon Tyne, NE5 2NY appears two times in the Land Registry records, with the latest transaction recorded on 30 Oct 2024. It also has a single Energy Performance Certificate (EPC) from 10 Jul 2024. 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.