171, REDGRAVE CLOSE, GATESHEAD, NE8 3JT - £112,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

171 REDGRAVE CLOSE is a small flat of 57m², built sometime between 2003 and 2006, which could now be worth an estimated £149,221. It was last sold for £112,950 in May 2004, which was around 54% above the average May 2004 flat price in the Gateshead local authority area. The most recent EPC inspection was January 2022, where the current energy rating was B, and the potential energy rating was B.

171 REDGRAVE CLOSE Sold Prices

Land registry data shows one sale for 171 REDGRAVE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Gateshead local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 28 MAY	£112,950	£73,376	54% above HPI

What might 171 REDGRAVE CLOSE be worth now?

171 REDGRAVE CLOSE might now be worth an estimated £149,221.

This is based on house price inflation of 32.1%, between May 2004 and March 2026, for flats, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.1% inflationary increase is applied to the most recent sale price for 171 REDGRAVE CLOSE of £112,950 on 28th May 2004. For the value to have increased from £112,950 to £149,221 over the 22 years and two months to March 2026, the following assumptions must hold true:

• The value of 171 REDGRAVE CLOSE has moved in line with the HPI for flats in the Gateshead local authority area.
• The May 2004 sale price of £112,950 represented a fair market value for the property.
• The size, condition, and specification of 171 REDGRAVE CLOSE has not materially changed since May 2004.

How Large is 171 REDGRAVE CLOSE?

171 REDGRAVE CLOSE is 57m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of flats in Gateshead, based on EPC data. 25% of flats are smaller than 171 REDGRAVE CLOSE, and 72% of flats are larger. Note that EPC data is not available for all properties in Gateshead.

171 REDGRAVE CLOSE: Plot

171 REDGRAVE CLOSE sits on a plot of roughly 0.511 of an acre, or 2,066m².

Where is 171 REDGRAVE CLOSE?

171 REDGRAVE CLOSE is located in GATESHEAD, in the NE8 postcode district.