48, RENFORTH CLOSE, GATESHEAD, NE8 3JB - £97,000

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.

48 RENFORTH CLOSE is a very small flat of 51m², built sometime between 2003 and 2006, which could now be worth an estimated £100,292. It was last sold for £97,000 in September 2024, which was around 1% above the average September 2024 flat price in the Gateshead local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was C.

48 RENFORTH CLOSE Sold Prices

Land registry data shows five sales for 48 RENFORTH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Gateshead local authority area for the corresponding sale date. All of the five 48 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
2024 30 SEP	£97,000	£95,650	1% above HPI
2018 9 FEB	£87,000	£83,534	4% above HPI
2014 22 AUG	£95,000	£81,955	16% above HPI
2009 30 JUL	£94,000	£85,329	10% above HPI
2004 27 SEP	£98,950	£82,292	20% above HPI

What might 48 RENFORTH CLOSE be worth now?

48 RENFORTH CLOSE might now be worth an estimated £100,292.

This is based on house price inflation of 3.4%, between September 2024 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 3.4% inflationary increase is applied to the most recent sale price for 48 RENFORTH CLOSE of £97,000 on 30th September 2024. For the value to have increased from £97,000 to £100,292 over the two years and five months to April 2026, the following assumptions must hold true:

• The value of 48 RENFORTH CLOSE has moved in line with the HPI for flats in the Gateshead local authority area.
• The September 2024 sale price of £97,000 represented a fair market value for the property.
• The size, condition, and specification of 48 RENFORTH CLOSE has not materially changed since September 2024.

How Large is 48 RENFORTH CLOSE?

48 RENFORTH CLOSE is 51m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of flats in Gateshead, based on EPC data. 12% of flats are smaller than 48 RENFORTH CLOSE, and 87% of flats are larger. Note that EPC data is not available for all properties in Gateshead.

48 RENFORTH CLOSE: Plot

48 RENFORTH CLOSE sits on a plot of roughly 0.139 of an acre, or 561m².

Where is 48 RENFORTH CLOSE?

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