According to the public record, 72, Redgrave Close, Gateshead is a modern freehold house with 1,173 ft2 of internal area and sits on a 138 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.
72, Redgrave Close, Gateshead has 31 entries in the Land Registry database, most recently in May 2019 and a single entry in the EPC database dated August 2018.
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 72 Redgrave Close Gateshead as £189,803 and the rental value as £983 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 72 Redgrave Close Gateshead has increased by £3,133 (1.7%) and its rental value has increased by £81 per month (8.2%).
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 72, Redgrave Close, Gateshead is in very good condition we estimate a sale value of £199,293 and rental value of £1,033 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,517 and a rental value of £915 per month.
If you were able to purchase this property for the estimated value of £189,803, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £933 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, 72, Redgrave Close, Gateshead sits on a plot of 138m2.
We have plot size data on 13 out of 20 other houses in the postcode and 72, Redgrave Close, Gateshead sits on the 8th largest plot.
According to HM Land Registry, 72, Redgrave Close, Gateshead was last sold on 17 May 2019 for £179,900 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2019, the market for similar properties has risen 14.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 72, Redgrave Close, Gateshead within a radius of 620 metres over the last 2 years.
The most recent example is 61, Sanderson Villas, Gateshead, NE8 3BU, a Freehold house which sold for £205,000 in Jun 2024.
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, 72, Redgrave Close, Gateshead is the 30th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in NE8.
72, Redgrave Close, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Aug 2018.
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 72, Redgrave Close, Gateshead is Manors station which is 1.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 72, Redgrave 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 72, Redgrave 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 72, Redgrave 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 72, 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 72, Redgrave 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.