87 Redgrave Close

    87, REDGRAVE CLOSE, GATESHEAD, NE8 3JD

    This terraced freehold property on Redgrave Close last sold in October 2016 for £175,000. Based on price growth in the NE8 district since then, its estimated current value is £225,683 — placing it in the 31st percentile nationally and the 85th percentile within NE8. The property covers 102 m² (1,098 sq ft), giving an estimated value of £2,213 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,098 sq ft

    102 m²

    Last Sale Price

    £175,000

    Oct 2016

    Estimated Valuation

    £225,683

    Est. £/sq ft

    £206/sq ft

    £2,213/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 area1,098 sq ft (102 m²)
    EPC dateFeb 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Oct 2016

    £175,000

    24 Nov 2006

    £162,950

    2 Apr 2004

    £150,000

    30 Oct 2002

    New build

    £102,950

    Key Metrics

    Estimated valuation£225,683
    Value per sq ft / m²£206/sq ft (£2,213/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile85th percentile
    National percentile31st 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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