15 Radcliffe Close

    15, RADCLIFFE CLOSE, GATESHEAD, NE8 3JZ

    This flat/maisonette leasehold property on Radcliffe Close last sold in January 2022 for £87,000. Based on price growth in the NE8 district since then, its estimated current value is £85,804 — placing it in the 2nd percentile nationally and the 22nd percentile within NE8. The property covers 142 m² (1,528 sq ft), giving an estimated value of £604 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,528 sq ft

    142 m²

    Last Sale Price

    £87,000

    Jan 2022

    Estimated Valuation

    £85,804

    Est. £/sq ft

    £56/sq ft

    £604/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,528 sq ft (142 m²)
    EPC dateSept 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Jan 2022

    £87,000

    6 Dec 2019

    £76,500

    20 Dec 2004

    New build

    £107,600

    Key Metrics

    Estimated valuation£85,804
    Value per sq ft / m²£56/sq ft (£604/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile22nd percentile
    National percentile2nd 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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