34 Renforth Close

    34, RENFORTH CLOSE, GATESHEAD, NE8 3JB

    This detached freehold property on Renforth Close last sold in August 2017 for £247,500. Based on price growth in the NE8 district since then, its estimated current value is £323,310 — placing it in the 54th percentile nationally and the 97th percentile within NE8. The property covers 69 m² (743 sq ft), giving an estimated value of £4,686 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £247,500

    Aug 2017

    Estimated Valuation

    £323,310

    Est. £/sq ft

    £435/sq ft

    £4,686/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area743 sq ft (69 m²)
    EPC dateSept 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Aug 2017

    £247,500

    20 Jan 2012

    £230,000

    29 Sept 2003

    New build

    £215,000

    Key Metrics

    Estimated valuation£323,310
    Value per sq ft / m²£435/sq ft (£4,686/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile97th percentile
    National percentile54th 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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