According to the public record, 147, Redgrave Close, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,034 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Redgrave Close, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
147, Redgrave Close, Gateshead has a single entry in the Land Registry database from February 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 147 Redgrave Close Gateshead as £252,890 and the rental value as £1,364 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 147 Redgrave Close Gateshead has increased by £3,608 (1.4%) and its rental value has increased by £107 per month (7.8%).
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 147, Redgrave Close, Gateshead is in very good condition we estimate a sale value of £265,535 and rental value of £1,432 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,188 and a rental value of £1,268 per month.
If you were able to purchase this property for the estimated value of £252,890, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,243 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 HM Land Registry, 147, Redgrave Close, Gateshead was last sold on 28 Feb 2006 for £249,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 147, Redgrave Close, Gateshead within a radius of 650 metres over the last 2 years.
The most recent example is 34, Renforth Close, Gateshead, NE8 3JB, a Freehold house which sold for £247,500 in Aug 2017.
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, 147, Redgrave Close, Gateshead is the largest and the most expensive property on the street.
When compared to the postcode district it is £120k more expensive than the average property in NE8.
The closest station to 147, 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 147, 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 147, 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 147, 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 147, 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 147, 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.