71 Redgrave Close

    71, REDGRAVE CLOSE, GATESHEAD, GATESHEAD, NE8 3JD

    This flat/maisonette leasehold property on Redgrave Close last sold in August 2005 for £110,000. Based on price growth in the NE8 district since then, its estimated current value is £139,032 — placing it in the 10th percentile nationally and the 52nd percentile within NE8. The property covers 53 m² (570 sq ft), giving an estimated value of £2,623 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £110,000

    Aug 2005

    Estimated Valuation

    £139,032

    Est. £/sq ft

    £244/sq ft

    £2,623/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateNov 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Aug 2005

    £110,000

    11 Oct 2002

    New build

    £81,950

    Key Metrics

    Estimated valuation£139,032
    Value per sq ft / m²£244/sq ft (£2,623/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile52nd percentile
    National percentile10th 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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