41 Redgrave Close

    41, REDGRAVE CLOSE, GATESHEAD, GATESHEAD, NE8 3JD

    This terraced freehold property on Redgrave Close last sold in May 2007 for £169,950. Based on price growth in the NE8 district since then, its estimated current value is £238,165 — placing it in the 34th percentile nationally and the 88th percentile within NE8. The property covers 124 m² (1,335 sq ft), giving an estimated value of £1,921 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,335 sq ft

    124 m²

    Last Sale Price

    £169,950

    May 2007

    Estimated Valuation

    £238,165

    Est. £/sq ft

    £178/sq ft

    £1,921/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,335 sq ft (124 m²)
    EPC dateJul 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 May 2007

    £169,950

    28 Jun 2002

    New build

    £96,950

    Key Metrics

    Estimated valuation£238,165
    Value per sq ft / m²£178/sq ft (£1,921/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile88th percentile
    National percentile34th 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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