55 Renforth Close, Gateshead, NE8 3JF is a leasehold flat built between 2003-2006. The property offers approximately 606 square feet of living space and is situated on the 2nd floor of a 3-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £101,610 , which equates to approximately £169 per square foot. It was last sold on 17 Feb 2023 for £100,000. Since then, the value has increased by £1,610, representing a 1.6% increase, or approximately 0.6% per year.

The current estimated value of £101,610 is:

  • 46.3% lower than the average property price on Renforth Close
  • 40.3% lower than the average in the NE8 3JF postcode area
  • and 42.4% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 4 November 2008, the property was recorded as owner-occupied.

View sold house prices in NE8 3JF

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
606 sq ft
Tenure
Leasehold
Floor level
2nd floor of 3
Price (estimate)
£101,610
Price Per sq ft (estimate)
£169
Bedroom Count (estimate)
1 bedroom

EPC Summary

55 Renforth Close, Gateshead, Tyne And Wear, NE8 3JF has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 13 Feb 2009.

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 4 Nov 2008, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 1.2%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 37% of fixed outlets to low energy lighting in 10% of fixed outlets, with efficiency changing from average to poor.
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 10% of fixed outlets
Poor

Compared to NE8 3JF

24 th / 29
Price Rank
40% lower than average
15 th / 26
Size Rank
23% smaller than average
19 th / 26
Price Per Sq FT Rank
22% lower than average

Compared to other properties in NE8 3JF , this flat's estimated value ranks 24th out of 29. Based on price per square foot, it ranks 19th out of 26 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 15th out of 26 properties in its postcode area.

Sale History

Today
£101,610
streetscan.co.uk estimate
+2 %
17 Feb 2023
£100,000
Leasehold
-4.7 %
18 Nov 2010
£104,950
Leasehold
-8.7 %
3 Jun 2005
£115,000
Leasehold
+10.1 %
26 Mar 2004
£104,450
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 631 sq ft
sale price: £90,000
sale date: 25 Aug 2023
rooms: 3
size: 670 sq ft
sale price: £95,000
sale date: 5 Aug 2022
rooms: 3
size: 592 sq ft
sale price: £100,000
sale date: 22 Jul 2022
rooms: 3
size: 592 sq ft
sale price: £82,000
sale date: 31 May 2022
rooms: 3
size: 603 sq ft
sale price: £76,000
sale date: 4 May 2022

Data Sources

The property at 55 Renforth Close, Gateshead, NE8 3JF appears four times in the Land Registry records, with the latest transaction recorded on 17 Feb 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Feb 2009. 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.