43, RENFORTH CLOSE, GATESHEAD, NE8 3JF - £98,900

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.

43 RENFORTH CLOSE is a very small flat of 55m², built sometime between 2003 and 2006, which could now be worth an estimated £116,231. It was last sold for £98,900 in August 2016, which was around 18% above the average August 2016 flat price in the Gateshead local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was C.

43 RENFORTH CLOSE Sold Prices

Land registry data shows two sales for 43 RENFORTH 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. Both of the two 43 RENFORTH CLOSE sales were 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
2016 31 AUG	£98,900	£84,150	18% above HPI
2004 29 MAR	£99,950	£68,100	47% above HPI

What might 43 RENFORTH CLOSE be worth now?

43 RENFORTH CLOSE might now be worth an estimated £116,231.

This is based on house price inflation of 17.5%, between August 2016 and April 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 17.5% inflationary increase is applied to the most recent sale price for 43 RENFORTH CLOSE of £98,900 on 31st August 2016. For the value to have increased from £98,900 to £116,231 over the ten years and four months to April 2026, the following assumptions must hold true:

• The value of 43 RENFORTH CLOSE has moved in line with the HPI for flats in the Gateshead local authority area.
• The August 2016 sale price of £98,900 represented a fair market value for the property.
• The size, condition, and specification of 43 RENFORTH CLOSE has not materially changed since August 2016.

How Large is 43 RENFORTH CLOSE?

43 RENFORTH CLOSE is 55m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of flats in Gateshead, based on EPC data. 19% of flats are smaller than 43 RENFORTH CLOSE, and 78% of flats are larger. Note that EPC data is not available for all properties in Gateshead.

43 RENFORTH CLOSE: Plot

43 RENFORTH CLOSE sits on a plot of roughly 0.157 of an acre, or 634m².

Where is 43 RENFORTH CLOSE?

43 RENFORTH CLOSE is located in GATESHEAD, in the NE8 postcode district.