62 Renforth Close

    62, RENFORTH CLOSE, GATESHEAD, NE8 3JB

    This terraced freehold property on Renforth Close last sold in October 2020 for £172,500. Based on price growth in the NE8 district since then, its estimated current value is £208,584 — placing it in the 27th percentile nationally and the 81st percentile within NE8. The property covers 107 m² (1,152 sq ft), giving an estimated value of £1,949 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,152 sq ft

    107 m²

    Last Sale Price

    £172,500

    Oct 2020

    Estimated Valuation

    £208,584

    Est. £/sq ft

    £181/sq ft

    £1,949/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,152 sq ft (107 m²)
    EPC dateJul 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Oct 2020

    £172,500

    13 Sept 2013

    £176,000

    29 Oct 2004

    New build

    £159,950

    Key Metrics

    Estimated valuation£208,584
    Value per sq ft / m²£181/sq ft (£1,949/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile81st percentile
    National percentile27th 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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