58 Redgrave Close

    58, REDGRAVE CLOSE, GATESHEAD, NE8 3JE

    This terraced freehold property on Redgrave Close last sold in December 2020 for £187,500. Based on price growth in the NE8 district since then, its estimated current value is £226,722 — placing it in the 31st percentile nationally and the 86th percentile within NE8. The property covers 104 m² (1,119 sq ft), giving an estimated value of £2,180 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,119 sq ft

    104 m²

    Last Sale Price

    £187,500

    Dec 2020

    Estimated Valuation

    £226,722

    Est. £/sq ft

    £203/sq ft

    £2,180/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,119 sq ft (104 m²)
    EPC dateJun 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Dec 2020

    £187,500

    28 Aug 2009

    £164,000

    28 Jun 2002

    New build

    £85,850

    Key Metrics

    Estimated valuation£226,722
    Value per sq ft / m²£203/sq ft (£2,180/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile86th 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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