66 Redewood Close, Newcastle Upon Tyne, NE5 2NZ is a leasehold detached property built between 2003-2006. The property offers approximately 797 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 £177,846 , which equates to approximately £223 per square foot. It was last sold on 26 Feb 2021 for £138,000. Since then, the value has increased by £39,846, representing a 28.9% increase, or approximately 6.0% per year.

The current estimated value of £177,846 is:

  • 13.0% lower than the average property price on Redewood Close
  • 16.2% lower than the average in the NE5 2NZ postcode area
  • and 32.9% lower than the average price for Newcastle Upon Tyne as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 10 November 2020, the property was recorded as owner-occupied.

View sold house prices in NE5 2NZ

Building approximate location

About Property

Type
Terraced House
Built
2003-2006
Interior Size
797 sq ft
Tenure
Leasehold
Price (estimate)
£177,846
Price Per sq ft (estimate)
£223
Bedroom Count (estimate)
2 bedrooms

EPC Summary

66 Redewood Close, Newcastle Upon Tyne, Tyne And Wear, NE5 2NZ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 10 Nov 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 the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Mar 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 13.3%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from good to average.
  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, 12 mm loft insulation, changing energy efficiency from good to very poor.
  • The lighting was updated from low energy lighting in 30% of fixed outlets to low energy lighting in 75% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, 12 mm loft insulation
Very Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to NE5 2NZ

46 th / 66
Price Rank
16% lower than average
21 st / 38
Size Rank
9% smaller than average
34 th / 38
Price Per Sq FT Rank
8% lower than average

Compared to other properties in NE5 2NZ , this house's estimated value ranks 46th out of 66. Based on price per square foot, it ranks 34th 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 21th out of 38 properties in its postcode area.

Sale History

Today
£177,846
streetscan.co.uk estimate
+29 %
26 Feb 2021
£138,000
Leasehold
+60.6 %
6 Dec 2002
£85,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 915 sq ft
sale price: £179,500
sale date: 22 Jul 2022
rooms: 4
size: 764 sq ft
sale price: £180,000
sale date: 25 Jun 2021
rooms: 5
size: 818 sq ft
sale price: £160,000
sale date: 3 Feb 2020
rooms: 5
size: 818 sq ft
sale price: £150,500
sale date: 21 Sep 2018
rooms: 5
size: 818 sq ft
sale price: £128,000
sale date: 30 Sep 2016

Data Sources

The property at 66 Redewood Close, Newcastle Upon Tyne, NE5 2NZ appears two times in the Land Registry records, with the latest transaction recorded on 26 Feb 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Nov 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.