5 Renforth Close

    5, RENFORTH CLOSE, GATESHEAD, NE8 3JF

    This flat/maisonette leasehold property on Renforth Close last sold in July 2022 for £100,000. Based on price growth in the NE8 district since then, its estimated current value is £98,625 — placing it in the 4th percentile nationally and the 31st percentile within NE8. The property covers 55 m² (592 sq ft), giving an estimated value of £1,793 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £100,000

    Jul 2022

    Estimated Valuation

    £98,625

    Est. £/sq ft

    £167/sq ft

    £1,793/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 area592 sq ft (55 m²)
    EPC dateMar 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Jul 2022

    £100,000

    15 Jun 2018

    £89,500

    5 Sept 2014

    £87,500

    27 May 2004

    £103,000

    31 Oct 2002

    £77,950

    Key Metrics

    Estimated valuation£98,625
    Value per sq ft / m²£167/sq ft (£1,793/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile31st 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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