16 Renforth Close

    16, RENFORTH CLOSE, GATESHEAD, NE8 3JB

    This flat/maisonette leasehold property on Renforth Close last sold in June 2015 for £93,000. Based on price growth in the NE8 district since then, its estimated current value is £116,720 — placing it in the 6th percentile nationally and the 41st percentile within NE8. The property covers 53 m² (570 sq ft), giving an estimated value of £2,202 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £93,000

    Jun 2015

    Estimated Valuation

    £116,720

    Est. £/sq ft

    £205/sq ft

    £2,202/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area570 sq ft (53 m²)
    EPC dateJun 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jun 2015

    £93,000

    2 Apr 2013

    £90,000

    29 Nov 2010

    £100,000

    10 Jun 2004

    £113,000

    5 Jul 2002

    New build

    £74,950

    Key Metrics

    Estimated valuation£116,720
    Value per sq ft / m²£205/sq ft (£2,202/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile41st percentile
    National percentile6th 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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