Housing Market Analysis for REDEWOOD CLOSE, NE5 2NY

Are you looking to understand NE5 2NY house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Newcastle upon Tyne postcode.

For the location information and nearby amenities in the NE5 2NY area, explore the NE5 2NY Area information page.
For comprehensive crime statistics in the NE5 2NY area, explore the NE5 2NY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE5 2NY postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £87,632 median price is £90,500 Standard Deviation is £27,895 with Total Sold: 80
    • The Last 5 Year average price is £126,837 with Total Sold: 9
    • The most recent sale happened at this postcode is 11 REDEWOOD CLOSE: £147,000 (Sold on 27 Feb 2023)
    • The first recorded sale happened at this postcode is 49 REDEWOOD CLOSE: £130,000 (Sold on 03 May 2024)
  • Detached
    • The average price is around £131,185 median price is £133,438 Standard Deviation is £42,906 with Total Sold: 22
    • The Last 5 Year average price is £200,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 25 REDEWOOD CLOSE: £200,000 (Sold on 16 Jun 2023)
    • The first recorded sale happened at this postcode is 28 REDEWOOD CLOSE: £81,800 (Sold on 31 Aug 2000)
  • Semi-Detached
    • The average price is around £97,129 median price is £95,000 Standard Deviation is £38,706 with Total Sold: 35
    • The Last 5 Year average price is £135,200 with Total Sold: 5
    • The most recent sale happened at this postcode is 51 REDEWOOD CLOSE: £95,000 (Sold on 01 Dec 2021)
    • The first recorded sale happened at this postcode is 22 REDEWOOD CLOSE: £210,000 (Sold on 20 Feb 2024)
  • Other
    • The average price is around £3,400 median price is £3,400 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £3,400 with Total Sold: 1
    • The most recent sale happened at this postcode is 20 REDEWOOD CLOSE: £3,400 (Sold on 06 Aug 2019)
    • The first recorded sale happened at this postcode is 20 REDEWOOD CLOSE: £3,400 (Sold on 06 Aug 2019)
  • Flat
    • The average price is around £68,975 median price is £68,975 Standard Deviation is £20,975 with Total Sold: 2
    • The most recent sale happened at this postcode is 9 REDEWOOD CLOSE: £48,000 (Sold on 14 Dec 2001)
    • The first recorded sale happened at this postcode is 3 REDEWOOD CLOSE: £89,950 (Sold on 12 Oct 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 2NY house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£147,0001
2022£136,667 £2,337 3
2021£127,533 £2,162 1
2020£109,000 £1,732 3
2018£86,467 £1,577 3
2017£120,000 £1,875 1
2016£125,000 £1,689 1
2014£81,000 £1,626 2
2013£100,000 £1,524 1
2011£103,000 £1,431 1
2009£93,167 £1,762 3
2008£105,000 £2,100 1
2007£108,500 £2,055 5
2006£112,822 £1,892 9
2005£99,625 £1,969 4
2004£98,242 £1,845 6
2003£80,207 £1,338 7
2002£68,317 £1,203 3
2001£53,025 £953 4
2000£54,540 £997 20
2024£130,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£200,000 £1,905 1
2021£201,000 £2,233 1
2017£135,000 £1,824 1
2014£178,000 £2,000 1
2013£168,000 £1,600 1
2011£145,000 £1,712 2
2010£150,000 £1,995 1
2007£210,0001
2005£168,000 £1,751 1
2004£139,000 £1,853 1
2002£135,938 £1,375 2
2001£89,950 £878 4
2000£83,078 £1,026 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£122,000 £1,894 3
2019£100,000 £1,695 1
2014£98,000 £1,661 1
2008£130,000 £1,734 4
2007£128,750 £1,710 2
2006£71,000 £959 1
2005£106,200 £1,234 5
2004£128,000 £1,753 1
2003£94,750 £1,139 3
2002£50,125 £449 2
2001£81,300 £944 3
2000£61,200 £918 8
2024£210,000 £2,234 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£3,400 £33 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£68,975 £800 2

All the Sales in the REDEWOOD CLOSE, NE5 2NY

See the table below for more details on the sold house prices in the NE5 2NY, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
11 REDEWOOD CLOSETerraced, Freehold27 Feb 2023£147,00022.50%
26 Jul 2017£120,000-9.43%
17 Mar 2006£132,5000.0
10 Mar 2006£132,500First Sale
25 REDEWOOD CLOSEDetached, LeaseholdArea: 105 Sq.mtrAge: 2003-200616 Jun 2023£200,00019.05%
28 Oct 2013£168,00086.68%
06 Sep 2000£89,995First Sale
47 REDEWOOD CLOSETerraced, FreeholdArea: 50 Sq.mtrAge: 1996-200219 Aug 2022£120,00015.94%
20 Dec 2006£103,500100.58%
08 Dec 2000£51,600First Sale
6 REDEWOOD CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 2003-200627 May 2022£165,00046.67%
06 Jul 2007£112,50066.67%
21 Mar 2005£67,500First Sale
51 REDEWOOD CLOSESemi-Detached, FreeholdArea: 47 Sq.mtrAge: 1996-200201 Dec 2021£95,0004.40%
18 Dec 2009£91,000-2.67%
11 Jul 2005£93,50079.81%
15 Dec 2000£52,000First Sale
17 REDEWOOD CLOSESemi-Detached, LeaseholdArea: 74 Sq.mtrAge: 1996-200204 Nov 2021£135,5000.0
04 Nov 2021£135,500-6.55%
02 Apr 2007£145,000First Sale
24 REDEWOOD CLOSEDetached, LeaseholdArea: 90 Sq.mtrAge: 1996-200208 Oct 2021£201,000123.46%
06 Jul 2001£89,950First Sale
31 REDEWOOD CLOSETerraced, FreeholdArea: 59 Sq.mtrAge: 1996-200229 Sep 2021£127,53332.85%
21 Aug 2020£96,00075.74%
29 Sep 2000£54,625First Sale
9 REDEWOOD CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1996-200207 Aug 2020£145,00038.10%
14 Nov 2003£105,000118.75%
14 Dec 2001£48,000First Sale
43 REDEWOOD CLOSETerraced, FreeholdArea: 49 Sq.mtrAge: 1996-200213 Mar 2020£86,000-14.00%
27 Apr 2005£100,00090.11%
02 Feb 2001£52,600First Sale
20 REDEWOOD CLOSEOther, FreeholdArea: 103 Sq.mtrAge: 1996-200206 Aug 2019£3,400-96.22%
30 Aug 2001£89,950First Sale
30 REDEWOOD CLOSESemi-Detached, LeaseholdArea: 59 Sq.mtrAge: 1996-200225 Jan 2019£100,0002.04%
14 Mar 2014£98,00030.67%
20 Jan 2003£75,00028.21%
29 Sep 2000£58,500First Sale
34 REDEWOOD CLOSETerraced, FreeholdArea: 49.4 Sq.mtrAge: 1996-200230 Nov 2018£77,400-18.95%
26 Aug 2009£95,500-4.45%
19 Mar 2004£99,95082.74%
09 Oct 2000£54,695First Sale
60 REDEWOOD CLOSETerraced, LeaseholdArea: 58 Sq.mtrAge: 1996-200209 Jul 2018£92,00065.77%
18 Sep 2001£55,5001.83%
19 Dec 2000£54,500First Sale
39 REDEWOOD CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1991-199526 Apr 2018£90,000-12.62%
20 May 2005£103,00017.71%
30 Jan 2004£87,50058.51%
03 Nov 2000£55,200First Sale
29 REDEWOOD CLOSEDetached, LeaseholdArea: 74 Sq.mtrAge: 1983-199030 Mar 2017£135,0003.85%
04 Mar 2011£130,00060.50%
27 Oct 2000£80,995First Sale
7 REDEWOOD CLOSETerraced, FreeholdArea: 74 Sq.mtrAge: 1996-200201 Sep 2016£125,000First Sale
49 REDEWOOD CLOSETerraced, LeaseholdArea: 50.64 Sq.mtrAge: 1996-200211 Apr 2014£81,50059.80%
19 Dec 2000£51,000-59.20%
12 Apr 2022£125,000-3.85%
03 May 2024£130,000First Sale
4 REDEWOOD CLOSEDetached, FreeholdArea: 89 Sq.mtrAge: 1996-200203 Feb 2014£178,00027.14%
14 Nov 2003£140,00055.64%
28 Sep 2001£89,950First Sale
45 REDEWOOD CLOSETerraced, LeaseholdArea: 49 Sq.mtrAge: 1996-200227 Jan 2014£80,500-19.50%
25 Oct 2007£100,0001.01%
30 Jul 2004£99,00090.38%
19 Jan 2001£52,000First Sale
32 REDEWOOD CLOSETerraced, LeaseholdArea: 65.6 Sq.mtrAge: 2003-200620 Sep 2013£100,0007.53%
26 Jun 2009£93,000-9.71%
25 Jun 2004£103,00085.59%
18 Dec 2000£55,500First Sale
44 REDEWOOD CLOSETerraced, LeaseholdArea: 72 Sq.mtrAge: 1996-200220 Dec 2011£103,0003.00%
18 Aug 2006£100,00035.14%
11 Jul 2003£74,00042.31%
23 Jan 2001£52,000First Sale
2 REDEWOOD CLOSEDetached, FreeholdArea: 95.94 Sq.mtrAge: 1996-200226 May 2011£160,000-4.76%
23 May 2005£168,00027.39%
17 Dec 2002£131,875First Sale
28 REDEWOOD CLOSEDetached, FreeholdArea: 75.18 Sq.mtrAge: 1996-200216 Mar 2010£150,00083.37%
31 Aug 2000£81,800First Sale
58 REDEWOOD CLOSESemi-Detached, LeaseholdArea: 73 Sq.mtrAge: 1991-199514 Nov 2008£115,000-17.86%
31 Jan 2008£140,0009.38%
26 Nov 2004£128,000108.13%
29 Nov 2000£61,500First Sale
55 REDEWOOD CLOSESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1991-199505 Sep 2008£118,000-19.73%
24 Jun 2008£147,000121.72%
17 Nov 2000£66,300First Sale
35 REDEWOOD CLOSETerraced, LeaseholdArea: 50 Sq.mtrAge: 1996-200207 Mar 2008£105,0000.0
17 Sep 2004£105,00098.11%
29 Sep 2000£53,000First Sale
21 REDEWOOD CLOSEDetached, Leasehold03 Aug 2007£210,000133.46%
31 Oct 2001£89,950First Sale
33 REDEWOOD CLOSETerraced, LeaseholdArea: 63 Sq.mtrAge: 1983-199015 Jun 2007£124,00040.99%
21 Nov 2003£87,95015.72%
29 Nov 2002£76,00031.03%
06 Oct 2000£58,000First Sale
59 REDEWOOD CLOSETerraced, Leasehold30 Mar 2007£110,00034.15%
03 Oct 2003£82,00011.56%
14 Feb 2003£73,500First Sale
46 REDEWOOD CLOSETerraced, LeaseholdArea: 49 Sq.mtrAge: 2003-200614 Feb 2007£103,50099.06%
15 Dec 2000£51,995First Sale
36 REDEWOOD CLOSETerraced, LeaseholdArea: 50 Sq.mtrAge: 2003-200606 Feb 2007£105,00094.44%
20 Dec 2000£54,000First Sale
50 REDEWOOD CLOSETerraced, Leasehold27 Oct 2006£105,00010.53%
25 Jun 2004£95,00082.69%
19 Dec 2000£52,000First Sale
41 REDEWOOD CLOSETerraced, LeaseholdArea: 58 Sq.mtrAge: 1996-200222 Aug 2006£105,00064.06%
13 Aug 2002£64,00015.32%
08 Nov 2000£55,500First Sale
62 REDEWOOD CLOSETerraced, Leasehold21 Jun 2006£109,950101.74%
20 Dec 2000£54,500First Sale
14 REDEWOOD CLOSESemi-Detached, LeaseholdArea: 74 Sq.mtrAge: 1996-200228 Apr 2006£71,0005.19%
23 May 2005£67,500103.01%
14 Jun 2002£33,250First Sale
10 REDEWOOD CLOSETerraced, Freehold27 Feb 2006£129,950First Sale
37 REDEWOOD CLOSETerraced, FreeholdArea: 50 Sq.mtrAge: 1996-200225 Jan 2006£97,000-4.90%
22 Dec 2005£102,00057.04%
16 Aug 2002£64,95025.87%
24 Nov 2000£51,600First Sale
57 REDEWOOD CLOSESemi-Detached, Leasehold29 Jul 2005£130,000108.00%
24 Nov 2000£62,500First Sale
56 REDEWOOD CLOSESemi-Detached, Freehold04 Mar 2005£136,000105.13%
17 Nov 2000£66,300First Sale
53 REDEWOOD CLOSESemi-Detached, LeaseholdArea: 68 Sq.mtrAge: 2007 onwards18 Feb 2005£130,00098.47%
03 Nov 2000£65,500First Sale
27 REDEWOOD CLOSEDetached, FreeholdArea: 75 Sq.mtrAge: 1996-200226 Feb 2004£139,00074.19%
14 Sep 2000£79,800First Sale
38 REDEWOOD CLOSETerraced, FreeholdArea: 59 Sq.mtrAge: 1991-199524 Oct 2003£87,00046.96%
27 Oct 2000£59,200First Sale
52 REDEWOOD CLOSETerraced, FreeholdArea: 54 Sq.mtrAge: 1991-199526 Sep 2003£82,00062.06%
27 Oct 2000£50,600First Sale
8 REDEWOOD CLOSESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1996-200212 Jun 2003£39,250-38.67%
31 Aug 2001£64,000First Sale
1 REDEWOOD CLOSEDetached, Leasehold18 Nov 2002£140,000First Sale
48 REDEWOOD CLOSESemi-Detached, Leasehold07 Oct 2002£67,00031.37%
18 Dec 2000£51,000First Sale
22 REDEWOOD CLOSESemi-Detached, LeaseholdArea: 94 Sq.mtrAge: 1996-200209 Nov 2001£89,950-57.17%
20 Feb 2024£210,000First Sale
3 REDEWOOD CLOSEFlat, LeaseholdArea: 90 Sq.mtrAge: 1996-200212 Oct 2001£89,950First Sale
23 REDEWOOD CLOSEDetached, Leasehold24 Aug 2001£89,950First Sale
61 REDEWOOD CLOSETerraced, LeaseholdArea: 59 Sq.mtrAge: 1996-200220 Dec 2000£54,500First Sale
40 REDEWOOD CLOSETerraced, Leasehold27 Oct 2000£59,295First Sale
54 REDEWOOD CLOSESemi-Detached, Leasehold27 Oct 2000£65,500First Sale
26 REDEWOOD CLOSEDetached, Freehold21 Sep 2000£82,800First Sale

Check out the sold house prices near the NE5 2NY postcode. Properties currently for saleProperties currently for rent

REDEWOOD CLOSE, NE5 2NY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE5 2NY postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NE5 2NY postcode.

  • Semi-Detached
    • The average price is around £98,468 median price is £100,000 Standard Deviation is £43,911 with Total Sold: 519
    • The Last 5 Year average price is £132,156 with Total Sold: 100
    • The most recent sale happened at this postcode is , 8 WANSFORD AVENUE: £135,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 33 SLATYFORD LANE: £32,500 (Sold on 24 May 1995)
  • Flat
    • The average price is around £69,698 median price is £73,000 Standard Deviation is £27,331 with Total Sold: 157
    • The Last 5 Year average price is £81,087 with Total Sold: 28
    • The most recent sale happened at this postcode is , 175 SILVER LONNEN: £95,500 (Sold on 15 Jul 2024)
    • The first recorded sale happened at this postcode is , 30 THIRLMERE WAY: £19,000 (Sold on 12 Jan 1995)
  • Terraced
    • The average price is around £86,657 median price is £85,000 Standard Deviation is £39,230 with Total Sold: 821
    • The Last 5 Year average price is £117,100 with Total Sold: 157
    • The most recent sale happened at this postcode is , 41 ESHOTT CLOSE: £92,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 61 SILLOTH AVENUE: £26,500 (Sold on 03 Mar 1995)
  • Detached
    • The average price is around £134,408 median price is £130,000 Standard Deviation is £46,579 with Total Sold: 212
    • The Last 5 Year average price is £183,173 with Total Sold: 32
    • The most recent sale happened at this postcode is , 26 BROOKVILLE CRESCENT: £207,000 (Sold on 15 Apr 2024)
    • The first recorded sale happened at this postcode is , 2 FINSMERE PLACE: £28,000 (Sold on 31 Oct 1997)
  • Other
    • The average price is around £250,243 median price is £165,000 Standard Deviation is £277,905 with Total Sold: 13
    • The Last 5 Year average price is £140,986 with Total Sold: 7
    • The most recent sale happened at this postcode is , 4 WILLISTON CLOSE: £165,000 (Sold on 01 Dec 2023)
    • The first recorded sale happened at this postcode is , 2 POOLEY CLOSE: £122,000 (Sold on 26 Mar 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£145,222 £2,234 9
2023£140,386 £1,643 18
2022£144,631 £1,725 16
2021£137,354 £1,733 24
2020£112,906 £1,533 16
2019£115,559 £1,489 17
2018£114,111 £1,424 9
2017£119,522 £1,401 20
2016£131,083 £1,523 12
2015£120,996 £1,467 24
2014£130,760 £1,570 28
2013£112,847 £1,410 15
2012£127,800 £1,576 11
2011£116,685 £1,495 20
2010£106,214 £1,415 7
2009£89,917 £1,048 12
2008£125,395 £1,555 10
2007£126,580 £1,532 25
2006£121,943 £1,309 14
2005£99,762 £1,199 25
2004£93,226 £1,341 17
2003£80,588 £1,059 29
2002£54,476 £697 26
2001£52,513 £770 18
2000£51,918 £768 44
1999£36,565 £455 17
1998£36,877 £390 11
1997£34,406 £355 8
1996£35,667 £468 9
1995£33,494 £406 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£91,2502
2023£80,667 £1,484 3
2022£79,611 £1,384 9
2021£98,375 £1,525 4
2020£75,000 £1,285 6
2019£71,488 £1,152 4
2018£59,000 £952 1
2017£66,800 £1,301 5
2016£74,221 £1,217 7
2015£71,167 £1,138 3
2014£81,421 £1,315 7
2013£87,528 £1,733 5
2012£92,114 £1,667 7
2011£82,500 £1,472 3
2010£83,500 £1,324 1
2009£76,500 £1,375 2
2008£98,571 £1,527 7
2007£87,445 £1,352 10
2006£87,000 £1,434 8
2005£74,740 £1,212 10
2004£69,595 £1,203 11
2003£59,888 £783 8
2002£36,090 £601 5
2001£41,625 £619 10
2000£28,483 £455 3
1999£38,775 £405 4
1998£28,250 £470 5
1996£25,875 £410 4
1995£25,083 £382 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£121,075 £1,481 8
2023£128,162 £1,569 25
2022£136,033 £1,715 30
2021£118,066 £1,505 39
2020£106,280 £1,302 23
2019£96,312 £1,264 32
2018£95,792 £1,185 36
2017£98,782 £1,185 37
2016£103,862 £1,295 26
2015£91,769 £1,259 26
2014£104,158 £1,257 34
2013£109,545 £1,368 23
2012£133,935 £1,673 16
2011£105,928 £1,413 21
2010£93,812 £1,130 16
2009£86,347 £1,192 19
2008£110,290 £1,181 19
2007£105,466 £1,362 38
2006£110,281 £1,472 35
2005£92,889 £1,296 31
2004£82,844 £1,169 26
2003£68,479 £965 50
2002£51,968 £617 41
2001£38,207 £533 27
2000£41,995 £666 72
1999£38,054 £422 14
1998£34,680 £410 20
1997£31,438 £364 8
1996£31,435 £363 18
1995£31,909 £359 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£217,000 £2,498 3
2023£175,000 £2,168 4
2022£179,700 £2,243 5
2021£177,167 £2,091 12
2020£185,175 £1,843 6
2019£187,500 £2,041 2
2018£156,750 £1,949 2
2017£164,688 £1,933 8
2016£162,000 £1,702 2
2015£164,080 £1,927 5
2014£158,321 £1,756 6
2013£169,490 £1,870 10
2012£154,083 £1,825 6
2011£159,188 £1,852 8
2010£118,500 £1,593 2
2009£154,333 £1,629 3
2008£149,390 £1,554 5
2007£170,283 £1,602 6
2006£153,000 £1,894 4
2005£167,990 £1,943 10
2004£143,707 £1,780 7
2003£118,705 £1,361 11
2002£106,808 £1,085 46
2001£82,088 £790 13
2000£78,224 £939 23
1998£60,000 £400 1
1997£51,498 £666 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£170,000 £2,012 2
2022£171,750 £1,268 2
2021£200,000 £2,273 1
2020£100,000 £1,692 1
2019£3,400 £33 1
2016£136,5002
2015£728,1302
2014£268,5002

House Type in NE5 2NY area

The most common house types in the NE5 2NY postcode area are Semi-detached (83), Detached (71), and Terraced (57).

Total214
Semi-detached83
Detached71
Terraced57
Flat2
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (101), and Owned: Owns outright (52).

Owned: Owns with a mortgage or loan101
Owned: Owns outright52
Private rented: Private landlord or letting agency45
Social rented: Rents from council or Local Authority10
Private rented: Other private rented4
Shared ownership: Shared ownership2
Social rented: Other social rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NE5 2NY have 2 people in household (77), and 3 people in household (49).

2 people in household77
3 people in household49
1 person in household45
4 people in household31
5 people in household10
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0