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Company No. 11113204
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According to the public record, 75, Redgrave Close, Gateshead is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 762 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 75, Redgrave Close, Gateshead is £112,244 and the estimated rental value is £975 per month.
Redgrave Close, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
75, Redgrave Close, Gateshead has 31 entries in the Land Registry , most recently in May 2007 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.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 75, Redgrave Close, Gateshead is in very good condition we estimate a sale value of £117,856 and a rental value of £1,024 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,387 and a rental value of £907 per month.
Over the last 12 months the sale value of 75 Redgrave Close Gateshead has increased by an estimated £141 (0.1%) and its rental value has increased by an estimated £22 per month (2.2%), giving an expected gross yield of 10.4%.
According to HM Land Registry, 75, Redgrave Close, Gateshead was last sold on 11th May 2007 for £122,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2007, the market for similar properties has dropped 13.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 75, Redgrave Close, Gateshead within a radius of 640 metres over the last 2 years.
The most recent example is 131, Redgrave Close, Gateshead, NE8 3JT, a leasehold flat which sold for £105,000 on the 28th June 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, 75, Redgrave Close, Gateshead is the 53rd largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in NE8.
The closest station to 75, Redgrave Close, Gateshead is Manors station which is 1.8 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 75, Redgrave Close, Gateshead, 53.0% of property is privately rented and 36.0% is privately owned with a mortgage.
The graph below shows how this compares to North East 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 75, Redgrave Close, Gateshead, 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 North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 75, 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 75, Redgrave Close, Gateshead, 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 75, Redgrave Close, Gateshead, 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.
