8 Rennison Close

    8, RENNISON CLOSE, GATESHEAD, NE8 3FU

    This terraced freehold property on Rennison Close last sold in November 2024 for £214,995. Based on price growth in the NE8 district since then, its estimated current value is £237,604 — placing it in the 34th percentile nationally and the 88th percentile within NE8. The property covers 91 m² (980 sq ft), giving an estimated value of £2,611 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £214,995

    Nov 2024

    Estimated Valuation

    £237,604

    Est. £/sq ft

    £243/sq ft

    £2,611/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2020
    Habitable roomsNot available
    Main fuelNot available
    EPC currentB
    EPC potentialB
    Floor area980 sq ft (91 m²)
    EPC dateSept 2024
    WallsAverage thermal transmittance 0.23 W/m
    HeatingCommunity scheme

    Transaction History

    15 Nov 2024

    New build

    £214,995

    Key Metrics

    Estimated valuation£237,604
    Value per sq ft / m²£243/sq ft (£2,611/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile88th percentile
    National percentile34th percentile

    District Context — NE8

    NE8 covers Gateshead and surrounding areas in Tyne and Wear, situated south of the River Tyne in the North East. It is a primarily working-class and lower-middle-income area with a significant rental market and strong community character.

    Average Property Price - NE8

    £157,635

    4

    National percentile

    Average Net Household Income - NE8

    £31,485

    12

    National percentile

    10-Year Annualised Price Growth - NE8

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE8

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