7 Renforth Close

    7, RENFORTH CLOSE, GATESHEAD, NE8 3JF

    This flat/maisonette leasehold property on Renforth Close last sold in September 2021 for £86,500. Based on price growth in the NE8 district since then, its estimated current value is £97,877 — placing it in the 4th percentile nationally and the 30th percentile within NE8. The property covers 54 m² (581 sq ft), giving an estimated value of £1,813 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £86,500

    Sept 2021

    Estimated Valuation

    £97,877

    Est. £/sq ft

    £168/sq ft

    £1,813/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateJun 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Sept 2021

    £86,500

    12 Dec 2017

    £79,950

    27 Sept 2002

    New build

    £77,950

    Key Metrics

    Estimated valuation£97,877
    Value per sq ft / m²£168/sq ft (£1,813/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile30th percentile
    National percentile4th 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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