45 Redgrave Close

    45, REDGRAVE CLOSE, GATESHEAD, NE8 3JD

    This flat/maisonette leasehold property on Redgrave Close last sold in February 2024 for £70,000. Based on price growth in the NE8 district since then, its estimated current value is £73,388 — placing it in the 1st percentile nationally and the 13th percentile within NE8. The property covers 54 m² (581 sq ft), giving an estimated value of £1,359 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £70,000

    Feb 2024

    Estimated Valuation

    £73,388

    Est. £/sq ft

    £126/sq ft

    £1,359/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateMay 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Feb 2024

    £70,000

    20 Jan 2017

    £95,000

    22 Jan 2008

    £105,500

    27 Feb 2004

    £95,000

    28 Jun 2002

    New build

    £71,950

    Key Metrics

    Estimated valuation£73,388
    Value per sq ft / m²£126/sq ft (£1,359/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile13th percentile
    National percentile1st 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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