55, RENFORTH CLOSE, GATESHEAD, NE8 3JF - £100,000

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.

55 RENFORTH CLOSE is a small flat of 56m², built sometime between 2003 and 2006, which could now be worth an estimated £102,836. It was last sold for £100,000 in February 2023, which was around 4% above the average February 2023 flat price in the Gateshead local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was B.

55 RENFORTH CLOSE Sold Prices

Land registry data shows four sales for 55 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 55 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
2023 17 FEB	£100,000	£96,169	4% above HPI
2010 18 NOV	£104,950	£81,669	29% above HPI
2005 3 JUN	£115,000	£82,982	39% above HPI
2004 26 MAR	£104,450	£68,100	53% above HPI

What might 55 RENFORTH CLOSE be worth now?

55 RENFORTH CLOSE might now be worth an estimated £102,836.

This is based on house price inflation of 2.8%, between February 2023 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 2.8% inflationary increase is applied to the most recent sale price for 55 RENFORTH CLOSE of £100,000 on 17th February 2023. For the value to have increased from £100,000 to £102,836 over the two years and ten months to April 2026, the following assumptions must hold true:

• The value of 55 RENFORTH CLOSE has moved in line with the HPI for flats in the Gateshead local authority area.
• The February 2023 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 55 RENFORTH CLOSE has not materially changed since February 2023.

How Large is 55 RENFORTH CLOSE?

55 RENFORTH CLOSE is 56m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 30% of flats in Gateshead, based on EPC data. 25% of flats are smaller than 55 RENFORTH CLOSE, and 75% of flats are larger. Note that EPC data is not available for all properties in Gateshead.

55 RENFORTH CLOSE: Plot

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

Where is 55 RENFORTH CLOSE?

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