32 Redgrave Close

    32, REDGRAVE CLOSE, GATESHEAD, GATESHEAD, NE8 3JE

    This flat/maisonette leasehold property on Redgrave Close last sold in October 2005 for £107,500. Based on price growth in the NE8 district since then, its estimated current value is £135,872 — placing it in the 10th percentile nationally and the 51st percentile within NE8. The property covers 56 m² (603 sq ft), giving an estimated value of £2,426 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £107,500

    Oct 2005

    Estimated Valuation

    £135,872

    Est. £/sq ft

    £225/sq ft

    £2,426/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateMar 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Oct 2005

    £107,500

    31 Mar 2003

    New build

    £90,950

    Key Metrics

    Estimated valuation£135,872
    Value per sq ft / m²£225/sq ft (£2,426/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile51st 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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