Redgrave Close, Gateshead, NE8 is a residential street which is the 672nd longest street in the NE8 area.
It contains 153 residential addresses consisting of 39 houses, 95 flats and 19 unknown and the most common type of property is a modern flat built after 1980.
The average house value is £98,650. Sales values have increased in the last 12 months by 3.2% and Rental values have increased by 9.8%.
Property sale values range from £83,411 for a leasehold flat, with 1 bedrooms split across 463 square feet of gross internal area and has no outside space to £252,890 for a freehold house, with 5 bedrooms split across 2,034 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Redgrave Close, Gateshead, NE8 is £158/ft2.
Properties achieve a rental yield of between 6% and 9.1%, and rental values range from £619 to £1,364 per month.
The last sale was 29 Feb 2024 for £70,000 and since then the market in the area has increased by 5.8%. The street has had a total of 4 sales since 1995.
Redgrave Close, Gateshead, NE8 has seen 4 sales in the last three years and 2 sales in the last twelve months.
Redgrave Close, Gateshead, NE8 is the 672nd largest and the 183rd most expensive street in the NE8 area.
There are 3 postcodes on Redgrave Close, Gateshead, NE8.
Redgrave Close, Gateshead, NE8 is a residential street located in NE8 containing 39 houses, 95 flats and 19 unknown.
The most common property type on Redgrave Close, Gateshead, NE8 is a modern flat built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to Redgrave Close, Gateshead, NE8 is Manors station which is 1.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Redgrave Close, Gateshead, NE8, 53.0% of property is privately rented and 36.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Redgrave Close, Gateshead, NE8, 21.4% of residents are recorded as possessing school level qualifications and 64.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Redgrave Close, Gateshead, NE8, the average age was 35.8 and the most common age was 27.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Redgrave Close, Gateshead, NE8, 0.5% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Redgrave Close, Gateshead, NE8, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.