47, REDGRAVE CLOSE, GATESHEAD, NE8 3JD - £91,000

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.

47 REDGRAVE CLOSE is a very small flat of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £91,634. It was last sold for £91,000 in July 2025, which was around 5% below the average July 2025 flat price in the Gateshead local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was C.

47 REDGRAVE CLOSE Sold Prices

Land registry data shows two sales for 47 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 47 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
2025 2 JUL	£91,000	£96,268	5% below HPI
2002 28 JUN	£71,950	£42,218	70% above HPI

What might 47 REDGRAVE CLOSE be worth now?

47 REDGRAVE CLOSE might now be worth an estimated £91,634.

This is based on house price inflation of 0.7%, between July 2025 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 0.7% inflationary increase is applied to the most recent sale price for 47 REDGRAVE CLOSE of £91,000 on 2nd July 2025. For the value to have increased from £91,000 to £91,634 over the one year and four months to March 2026, the following assumptions must hold true:

• The value of 47 REDGRAVE CLOSE has moved in line with the HPI for flats in the Gateshead local authority area.
• The July 2025 sale price of £91,000 represented a fair market value for the property.
• The size, condition, and specification of 47 REDGRAVE CLOSE has not materially changed since July 2025.

How Large is 47 REDGRAVE CLOSE?

47 REDGRAVE CLOSE is 55m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% of flats in Gateshead, based on EPC data. 19% of flats are smaller than 47 REDGRAVE CLOSE, and 78% of flats are larger. Note that EPC data is not available for all properties in Gateshead.

47 REDGRAVE CLOSE: Plot

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

Where is 47 REDGRAVE CLOSE?

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