52, RENFORTH CLOSE, GATESHEAD, NE8 3JB - £85,000

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.

52 RENFORTH CLOSE is a very large flat of 93m², built sometime between 2003 and 2006, which could now be worth an estimated £100,755. It was last sold for £85,000 in March 2017, which was around 4% above the average March 2017 flat price in the Gateshead local authority area. The most recent EPC inspection was April 2010, where the current energy rating was B, and the potential energy rating was B.

52 RENFORTH CLOSE Sold Prices

Land registry data shows four sales for 52 RENFORTH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Gateshead local authority area for the corresponding sale date. All of the four 52 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
2017 10 MAR	£85,000	£81,781	4% above HPI
2016 7 JUL	£90,000	£85,009	6% above HPI
2011 1 DEC	£89,950	£76,333	18% above HPI
2004 24 SEP	£102,950	£82,292	25% above HPI

What might 52 RENFORTH CLOSE be worth now?

52 RENFORTH CLOSE might now be worth an estimated £100,755.

This is based on house price inflation of 18.5%, between March 2017 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 18.5% inflationary increase is applied to the most recent sale price for 52 RENFORTH CLOSE of £85,000 on 10th March 2017. For the value to have increased from £85,000 to £100,755 over the nine years to March 2026, the following assumptions must hold true:

• The value of 52 RENFORTH CLOSE has moved in line with the HPI for flats in the Gateshead local authority area.
• The March 2017 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 52 RENFORTH CLOSE has not materially changed since March 2017.

How Large is 52 RENFORTH CLOSE?

52 RENFORTH CLOSE is 93m² according to the EPC inspection conducted in April 2010. This puts it in the largest 10% of flats in Gateshead, based on EPC data. 93% of flats are smaller than 52 RENFORTH CLOSE, and 7% of flats are larger. Note that EPC data is not available for all properties in Gateshead.

52 RENFORTH CLOSE: Plot

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

Where is 52 RENFORTH CLOSE?

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