35, REDGRAVE CLOSE, GATESHEAD, NE8 3JD - £87,000

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.

35 REDGRAVE CLOSE is a large flat of 71m², built sometime between 2003 and 2006, which could now be worth an estimated £92,495. It was last sold for £87,000 in September 2021, which was around 7% below the average September 2021 flat price in the Gateshead local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

35 REDGRAVE CLOSE Sold Prices

Land registry data shows two sales for 35 REDGRAVE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Gateshead local authority area for the corresponding sale date. One of the two 35 REDGRAVE CLOSE sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 30 SEP	£87,000	£93,459	7% below HPI
2002 8 AUG	£84,950	£43,873	94% above HPI

What might 35 REDGRAVE CLOSE be worth now?

35 REDGRAVE CLOSE might now be worth an estimated £92,495.

This is based on house price inflation of 6.3%, between September 2021 and May 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 6.3% inflationary increase is applied to the most recent sale price for 35 REDGRAVE CLOSE of £87,000 on 30th September 2021. For the value to have increased from £87,000 to £92,495 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 35 REDGRAVE CLOSE has moved in line with the HPI for flats in the Gateshead local authority area.
• The September 2021 sale price of £87,000 represented a fair market value for the property.
• The size, condition, and specification of 35 REDGRAVE CLOSE has not materially changed since September 2021.

How Large is 35 REDGRAVE CLOSE?

35 REDGRAVE CLOSE is 71m² according to the EPC inspection conducted in July 2013. This puts it in the largest 30% of flats in Gateshead, based on EPC data. 74% of flats are smaller than 35 REDGRAVE CLOSE, and 24% of flats are larger. Note that EPC data is not available for all properties in Gateshead.

35 REDGRAVE CLOSE: Plot

35 REDGRAVE CLOSE sits on a plot of roughly 0.694 of an acre, or 2,810m².

Where is 35 REDGRAVE CLOSE?

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