70 Redewood Close, Newcastle Upon Tyne, NE5 2NZ is a leasehold detached property built between 1991-1995. The property offers approximately 581 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £140,508 , which equates to approximately £242 per square foot. It was last sold on 29 Jan 2021 for £110,000. Since then, the value has increased by £30,508, representing a 27.7% increase, or approximately 5.7% per year.

The current estimated value of £140,508 is:

  • 31.3% lower than the average property price on Redewood Close
  • 33.8% lower than the average in the NE5 2NZ postcode area
  • and 47.0% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 29 October 2020, the property was recorded as owner-occupied.

View sold house prices in NE5 2NZ

Building approximate location

About Property

Type
Terraced House
Built
1991-1995
Interior Size
581 sq ft
Tenure
Leasehold
Price (estimate)
£140,508
Price Per sq ft (estimate)
£242
Bedroom Count (estimate)
1 bedroom

EPC Summary

70 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 29 Oct 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.

The previous EPC assessment was conducted on 22 Feb 2010, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 6.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 200 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 12% of fixed outlets to low energy lighting in 63% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 63% of fixed outlets
Good

Compared to NE5 2NZ

61 st / 66
Price Rank
34% lower than average
37 th / 38
Size Rank
34% smaller than average
17 th / 38
Price Per Sq FT Rank
0% same as average

Compared to other properties in NE5 2NZ , this house's estimated value ranks 61th out of 66. Based on price per square foot, it ranks 17th out of 38 properties. In terms of size, this home ranks 37th out of 38 properties in its postcode area.

Sale History

Today
£140,508
streetscan.co.uk estimate
+28 %
29 Jan 2021
£110,000
Leasehold
+50.8 %
17 Jan 2003
£72,950
Leasehold

Area Insights

Similar Properties Sold Nearby

69 Redewood Close, Newcastle Upon Tyne, NE5 2NZ
rooms: 4
size: 624 sq ft
sale price: £125,000
sale date: 7 Oct 2022
76 Redewood Close, Newcastle Upon Tyne, NE5 2NZ
rooms: 4
size: 624 sq ft
sale price: £105,000
sale date: 2 Nov 2005

Data Sources

The property at 70 Redewood Close, Newcastle Upon Tyne, NE5 2NZ appears two times in the Land Registry records, with the latest transaction recorded on 29 Jan 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Oct 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.
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