8 Renforth Close

    8, RENFORTH CLOSE, GATESHEAD, NE8 3JB

    This terraced freehold property on Renforth Close last sold in May 2014 for £125,000. Based on price growth in the NE8 district since then, its estimated current value is £160,725 — placing it in the 15th percentile nationally and the 63rd percentile within NE8. The property covers 83 m² (893 sq ft), giving an estimated value of £1,936 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £125,000

    May 2014

    Estimated Valuation

    £160,725

    Est. £/sq ft

    £180/sq ft

    £1,936/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area893 sq ft (83 m²)
    EPC dateJan 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 May 2014

    £125,000

    1 Feb 2008

    £148,000

    20 Aug 2002

    New build

    £94,950

    Key Metrics

    Estimated valuation£160,725
    Value per sq ft / m²£180/sq ft (£1,936/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile63rd percentile
    National percentile15th 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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