36 Redgrave Close

    36, REDGRAVE CLOSE, GATESHEAD, NE8 3JE

    This flat/maisonette leasehold property on Redgrave Close last sold in October 2020 for £95,000. Based on price growth in the NE8 district since then, its estimated current value is £110,217 — placing it in the 5th percentile nationally and the 38th percentile within NE8. The property covers 48 m² (517 sq ft), giving an estimated value of £2,296 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £95,000

    Oct 2020

    Estimated Valuation

    £110,217

    Est. £/sq ft

    £213/sq ft

    £2,296/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area517 sq ft (48 m²)
    EPC dateSept 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Oct 2020

    £95,000

    27 May 2016

    £98,000

    14 Aug 2009

    £105,500

    31 Mar 2003

    New build

    £92,950

    Key Metrics

    Estimated valuation£110,217
    Value per sq ft / m²£213/sq ft (£2,296/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile38th percentile
    National percentile5th 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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