103 Redgrave Close

    103, REDGRAVE CLOSE, GATESHEAD, NE8 3JD

    This flat/maisonette leasehold property on Redgrave Close last sold in September 2022 for £100,000. Based on price growth in the NE8 district since then, its estimated current value is £98,625 — placing it in the 4th percentile nationally and the 31st percentile within NE8. The property covers 51 m² (549 sq ft), giving an estimated value of £1,934 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £100,000

    Sept 2022

    Estimated Valuation

    £98,625

    Est. £/sq ft

    £180/sq ft

    £1,934/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area549 sq ft (51 m²)
    EPC dateSept 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Sept 2022

    £100,000

    20 Oct 2021

    £85,000

    31 Oct 2002

    New build

    £82,950

    Key Metrics

    Estimated valuation£98,625
    Value per sq ft / m²£180/sq ft (£1,934/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile31st percentile
    National percentile4th 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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