According to the public record, 46, Renforth Close, Gateshead is a modern freehold house with 1,765 ft2 of internal area and sits on a 316 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Renforth Close, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
46, Renforth Close, Gateshead has 21 entries in the Land Registry database, most recently in June 2014 and a single entry in the EPC database dated April 2013.
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 46 Renforth Close Gateshead as £263,153 and the rental value as £1,301 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 46 Renforth Close Gateshead has increased by £3,534 (1.3%) and its rental value has increased by £103 per month (7.9%).
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 46, Renforth Close, Gateshead is in very good condition we estimate a sale value of £276,311 and rental value of £1,366 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,732 and a rental value of £1,210 per month.
If you were able to purchase this property for the estimated value of £263,153, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,293 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, 46, Renforth Close, Gateshead sits on a plot of 316m2.
We have plot size data on 16 out of 19 other houses in the postcode and 46, Renforth Close, Gateshead sits on the 2nd largest plot.
According to HM Land Registry, 46, Renforth Close, Gateshead was last sold on 06 Jun 2014 for £242,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2014, the market for similar properties has risen 22.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, Renforth Close, Gateshead within a radius of 530 metres over the last 2 years.
The most recent example is 38, Renforth Close, Gateshead, NE8 3JB, a Freehold house which sold for £250,000 in Mar 2022.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Renforth Close, Gateshead, NE8 has a total of 62 addresses. According to our analysis of all the public data, 46, Renforth Close, Gateshead is the largest and the most expensive property on the street.
When compared to the postcode district it is £130k more expensive than the average property in NE8.
46, Renforth Close, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Apr 2013.
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 46, Renforth Close, Gateshead 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 46, Renforth Close, Gateshead, 55.9% of property is privately rented and 31.4% 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 46, Renforth Close, Gateshead, 20.3% of residents are recorded as possessing school level qualifications and 55.3% 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 46, Renforth Close, Gateshead, 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 46, Renforth 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 46, Renforth Close, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.