1 Redgrave Close

    1, REDGRAVE CLOSE, GATESHEAD, GATESHEAD, NE8 3JD

    This flat/maisonette leasehold property on Redgrave Close last sold in November 2007 for £102,000. Based on price growth in the NE8 district since then, its estimated current value is £116,478 — placing it in the 6th percentile nationally and the 41st percentile within NE8. The property covers 62 m² (667 sq ft), giving an estimated value of £1,879 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £102,000

    Nov 2007

    Estimated Valuation

    £116,478

    Est. £/sq ft

    £175/sq ft

    £1,879/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area667 sq ft (62 m²)
    EPC dateApr 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Nov 2007

    £102,000

    31 May 2002

    New build

    £69,950

    Key Metrics

    Estimated valuation£116,478
    Value per sq ft / m²£175/sq ft (£1,879/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile41st percentile
    National percentile6th 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

    More properties in NE8

    Streets in NE8

    Explore nearby