15 Redgrave Close, Gateshead, NE8 3JD is a leasehold flat built between 2003-2006. The property offers approximately 603 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £99,844 , which equates to approximately £166 per square foot. It was last sold on 11 Apr 2022 for £95,000. Since then, the value has increased by £4,844, representing a 5.1% increase, or approximately 1.4% per year.

The current estimated value of £99,844 is:

  • 40.7% lower than the average property price on Redgrave Close
  • 33.7% lower than the average in the NE8 3JD postcode area
  • and 43.4% lower than the average price for Gateshead as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 6 May 2020, the property was recorded as owner-occupied.

View sold house prices in NE8 3JD

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£99,844
Price Per sq ft (estimate)
£166
Bedroom Count (estimate)
1 bedroom

EPC Summary

15 Redgrave Close, Gateshead, Tyne And Wear, NE8 3JD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 6 May 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Oct 2008, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 2.5%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 300 mm loft insulation to pitched, 250 mm loft insulation, changing energy efficiency from very good to good.
  • The lighting was updated from low energy lighting in 43% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE8 3JD

27 th / 55
Price Rank
34% lower than average
26 th / 47
Size Rank
23% smaller than average
14 th / 47
Price Per Sq FT Rank
14% lower than average

Compared to other properties in NE8 3JD , this flat's estimated value ranks 27th out of 55. Based on price per square foot, it ranks 14th out of 47 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 26th out of 47 properties in its postcode area.

Sale History

Today
£99,844
streetscan.co.uk estimate
+5 %
11 Apr 2022
£95,000
Leasehold
-9.5 %
8 Dec 2008
£105,000
Leasehold
+27.3 %
5 Jul 2002
£82,450
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £102,000
sale date: 22 Nov 2024
rooms: 3
size: 581 sq ft
sale price: £70,000
sale date: 29 Feb 2024
rooms: 3
size: 678 sq ft
sale price: £93,500
sale date: 11 Aug 2023
rooms: 3
size: 549 sq ft
sale price: £95,000
sale date: 6 Mar 2023
rooms: 3
size: 635 sq ft
sale price: £85,000
sale date: 9 Dec 2022

Data Sources

The property at 15 Redgrave Close, Gateshead, NE8 3JD appears three times in the Land Registry records, with the latest transaction recorded on 11 Apr 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 May 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.