40 Renforth Close

    40, RENFORTH CLOSE, GATESHEAD, NE8 3JB

    This detached freehold property on Renforth Close last sold in September 2017 for £235,000. Based on price growth in the NE8 district since then, its estimated current value is £306,981 — placing it in the 51st percentile nationally and the 96th percentile within NE8. The property covers 157 m² (1,690 sq ft), giving an estimated value of £1,955 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,690 sq ft

    157 m²

    Last Sale Price

    £235,000

    Sept 2017

    Estimated Valuation

    £306,981

    Est. £/sq ft

    £182/sq ft

    £1,955/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,690 sq ft (157 m²)
    EPC dateAug 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Sept 2017

    £235,000

    22 Aug 2003

    New build

    £185,000

    Key Metrics

    Estimated valuation£306,981
    Value per sq ft / m²£182/sq ft (£1,955/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile96th percentile
    National percentile51st 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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