181 Redgrave Close

    181, REDGRAVE CLOSE, GATESHEAD, NE8 3JT

    This flat/maisonette leasehold property on Redgrave Close last sold in November 2014 for £95,000. Based on price growth in the NE8 district since then, its estimated current value is £112,385 — placing it in the 6th percentile nationally and the 39th percentile within NE8. The property covers 56 m² (603 sq ft), giving an estimated value of £2,007 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £95,000

    Nov 2014

    Estimated Valuation

    £112,385

    Est. £/sq ft

    £186/sq ft

    £2,007/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 area603 sq ft (56 m²)
    EPC dateFeb 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Nov 2014

    £95,000

    5 Oct 2012

    £85,000

    28 Jun 2004

    New build

    £103,950

    Key Metrics

    Estimated valuation£112,385
    Value per sq ft / m²£186/sq ft (£2,007/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile39th percentile
    National percentile6th 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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