According to the public record, 139, Redgrave Close, Gateshead is a modern freehold house with 1,179 ft2 of internal area and sits on a 102 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Redgrave Close, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
139, Redgrave Close, Gateshead has 21 entries in the Land Registry database, most recently in June 2015 and a single entry in the EPC database dated April 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 139 Redgrave Close Gateshead as £180,921 and the rental value as £988 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 139 Redgrave Close Gateshead has increased by £3,520 (1.9%) and its rental value has increased by £83 per month (8.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 139, Redgrave Close, Gateshead is in very good condition we estimate a sale value of £189,967 and rental value of £1,037 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,257 and a rental value of £919 per month.
If you were able to purchase this property for the estimated value of £180,921, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £889 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 139, Redgrave Close, Gateshead sits on a plot of 102m2.
We have plot size data on 13 out of 17 other houses in the postcode and 139, Redgrave Close, Gateshead sits on the 11th largest plot.
According to HM Land Registry, 139, Redgrave Close, Gateshead was last sold on 26 Jun 2015 for £152,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2015, the market for similar properties has risen 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 139, Redgrave Close, Gateshead within a radius of 650 metres over the last 2 years.
The most recent example is 92, Foster Drive, Gateshead, NE8 3JG, a Freehold house which sold for £187,000 in Dec 2022.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redgrave Close, Gateshead, NE8 has a total of 153 addresses. According to our analysis of all the public data, 139, Redgrave Close, Gateshead is the 21st largest and the 39th most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in NE8.
139, Redgrave Close, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Apr 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 139, Redgrave Close, Gateshead is Manors station which is 1.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 139, Redgrave Close, Gateshead, 65.6% of property is socially rented and 14.0% is privately owned outright.
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 139, Redgrave Close, Gateshead, 24.9% of residents are recorded as possessing school level qualifications and 16.2% 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 139, Redgrave Close, Gateshead, the average age was 39.7 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 139, Redgrave Close, Gateshead, 0.0% 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 139, Redgrave Close, Gateshead, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.