24 Renforth Close

    24, RENFORTH CLOSE, GATESHEAD, NE8 3JB

    This flat/maisonette leasehold property on Renforth Close last sold in October 2010 for £85,000. Based on price growth in the NE8 district since then, its estimated current value is £110,323 — placing it in the 5th percentile nationally and the 38th percentile within NE8. The property covers 128 m² (1,378 sq ft), giving an estimated value of £862 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,378 sq ft

    128 m²

    Last Sale Price

    £85,000

    Oct 2010

    Estimated Valuation

    £110,323

    Est. £/sq ft

    £80/sq ft

    £862/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,378 sq ft (128 m²)
    EPC dateJun 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Oct 2010

    £85,000

    11 Feb 2004

    £109,000

    26 Jun 2002

    £78,950

    Key Metrics

    Estimated valuation£110,323
    Value per sq ft / m²£80/sq ft (£862/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile38th percentile
    National percentile5th 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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